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George Sivulka

👤 Person
546 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

You have to actually distill what's true out of them. That's what Hevia does. So it's not actually finding something that exists already. It's taking all the things that exist already and starting to answer questions about that information.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

You have to actually distill what's true out of them. That's what Hevia does. So it's not actually finding something that exists already. It's taking all the things that exist already and starting to answer questions about that information.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

You have to actually distill what's true out of them. That's what Hevia does. So it's not actually finding something that exists already. It's taking all the things that exist already and starting to answer questions about that information.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

Yeah. So we actually deploy at some of the largest finance firms in the world. We ended up going from zero to a million dollars of revenue sometime in 2021 or 2022 and raise our series a also from from index from my index, which is 30 million bucks. And we start to see that all these customers, okay, now they know what ChatGPT is. They know what LLMs are.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

Yeah. So we actually deploy at some of the largest finance firms in the world. We ended up going from zero to a million dollars of revenue sometime in 2021 or 2022 and raise our series a also from from index from my index, which is 30 million bucks. And we start to see that all these customers, okay, now they know what ChatGPT is. They know what LLMs are.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

Yeah. So we actually deploy at some of the largest finance firms in the world. We ended up going from zero to a million dollars of revenue sometime in 2021 or 2022 and raise our series a also from from index from my index, which is 30 million bucks. And we start to see that all these customers, okay, now they know what ChatGPT is. They know what LLMs are.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

Hebi has this really mature enterprise product in the market, and we're by far the first to actually get there. And we just looked at all the queries that people were asking. And the questions that people were asking weren't ever, okay, find me the quote or find me the command F questions.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

Hebi has this really mature enterprise product in the market, and we're by far the first to actually get there. And we just looked at all the queries that people were asking. And the questions that people were asking weren't ever, okay, find me the quote or find me the command F questions.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

Hebi has this really mature enterprise product in the market, and we're by far the first to actually get there. And we just looked at all the queries that people were asking. And the questions that people were asking weren't ever, okay, find me the quote or find me the command F questions.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

They were actually more, okay, read all the documents and then tell me all the times they mentioned AI or what our exposure to Silicon Valley Bank is during the regional banking crisis.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

They were actually more, okay, read all the documents and then tell me all the times they mentioned AI or what our exposure to Silicon Valley Bank is during the regional banking crisis.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

They were actually more, okay, read all the documents and then tell me all the times they mentioned AI or what our exposure to Silicon Valley Bank is during the regional banking crisis.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

And so all of these questions, it was actually almost 90% of the questions that people were asking these systems weren't answerable by search through the documents, but rather they had to be work done on top of the documents and then answered.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

And so all of these questions, it was actually almost 90% of the questions that people were asking these systems weren't answerable by search through the documents, but rather they had to be work done on top of the documents and then answered.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

And so all of these questions, it was actually almost 90% of the questions that people were asking these systems weren't answerable by search through the documents, but rather they had to be work done on top of the documents and then answered.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

I don't think they're loving RAG.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

I don't think they're loving RAG.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

I don't think they're loving RAG.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

I don't think they're loving Ragnar. What makes you say that? I think like 90% of enterprise AI right now is almost like this vapor where we swear it works. Like, look at this amazing demo where we ask, what does the CEO say about the investment? And the minute that they actually go to, you know, try to use it in a real world example, completely just fails.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

I don't think they're loving Ragnar. What makes you say that? I think like 90% of enterprise AI right now is almost like this vapor where we swear it works. Like, look at this amazing demo where we ask, what does the CEO say about the investment? And the minute that they actually go to, you know, try to use it in a real world example, completely just fails.