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20VC: The Best AI Companies Have Unique Data Acquisition Strategies | Will Simile Kill Kalshi, Polymarkets and NASDAQ | How to Sign Fortune 500 Companies As Customers in Weeks with Joon Sung Park, Simile

Yesterday · 1 hr 3 min · 61.1 MB
0:00-1:03:41

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Joon Sung Park is the Founder and CEO of Simile, the AI simulation company building foundation models of human behaviour; allowing companies to test how real people may think, decide and act before making a decision in the real world. Simile has now raised $300 million in total, including a $200 million Series B announced last week at a $2 billion valuation, led by Greenoaks and Index Ventures.

AGENDA:

00:00 We Will Pay $100M for a Single Query on Some Models

10:00 Why Stock Markets May Not Exist in 5 Years Time

15:00 The Best Companies All Have Unique Data Acquisition Strategies

19:00 The Best AI Companies Have Clear and Fast Reward Functions

24:00 How We Sign Fortune 500 Companies for $10M Contracts in Weeks

32:00 Does Similie Kill Kalshi and Polymarket? Prediction vs Changing the Future

42:00 Inside Similie's $300M Raise; What Every Founder Needs to Know