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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

And I think those are two very separate things. Obviously, at the time, GPT-3 was not a product. And I don't even think chat GPT is a really good product. It's like a calculator. It's got the technology in there encapsulated in very simple form. But it's not a product that, like in Excel, that lets you just build whatever you'd like with it. That's very human-versed.

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 Stanford always pounds into your head the idea, hey, you've got to start a company where there's a lot of pain. And I had a lot of my students or a lot of my friends would go into investment banking or private equity if they were really lucky. And they would come back and basically be the least happy versions of themselves. They've lost 50, they just hated their lives.

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 Stanford always pounds into your head the idea, hey, you've got to start a company where there's a lot of pain. And I had a lot of my students or a lot of my friends would go into investment banking or private equity if they were really lucky. And they would come back and basically be the least happy versions of themselves. They've lost 50, they just hated their lives.

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 Stanford always pounds into your head the idea, hey, you've got to start a company where there's a lot of pain. And I had a lot of my students or a lot of my friends would go into investment banking or private equity if they were really lucky. And they would come back and basically be the least happy versions of themselves. They've lost 50, they just hated their lives.

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

It seemed like there was more pain in financial services around processing unstructured data than anything I'd ever seen. And it's like, well, there's a great company to be had here. Let's give it a shot.

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

It seemed like there was more pain in financial services around processing unstructured data than anything I'd ever seen. And it's like, well, there's a great company to be had here. Let's give it a shot.

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

It seemed like there was more pain in financial services around processing unstructured data than anything I'd ever seen. And it's like, well, there's a great company to be had here. Let's give it a shot.

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

Off the record.

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

Off the record.

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

Off the record.

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

So I was on a PhD salary. You're making, what, $38,000 a year. I think $42,000 at the time if you had the Stanford Graduate Fellowship, which I had. And I said I was going to go on leave. And I actually originally went on leave and told my advisor, I'll be back in a year. It's coronavirus. Just give me some time. And I didn't have anywhere to go. There was a logical next step.

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

So I was on a PhD salary. You're making, what, $38,000 a year. I think $42,000 at the time if you had the Stanford Graduate Fellowship, which I had. And I said I was going to go on leave. And I actually originally went on leave and told my advisor, I'll be back in a year. It's coronavirus. Just give me some time. And I didn't have anywhere to go. There was a logical next step.

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

So I was on a PhD salary. You're making, what, $38,000 a year. I think $42,000 at the time if you had the Stanford Graduate Fellowship, which I had. And I said I was going to go on leave. And I actually originally went on leave and told my advisor, I'll be back in a year. It's coronavirus. Just give me some time. And I didn't have anywhere to go. There was a logical next step.

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 I wanted to work on this company. So I asked my friends who were renting out a house in East Palo Alto to let me rent a room, the cheapest room they could possibly find. and they were all fully booked and it was like, I think over $1,000 of rent.

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 I wanted to work on this company. So I asked my friends who were renting out a house in East Palo Alto to let me rent a room, the cheapest room they could possibly find. and they were all fully booked and it was like, I think over $1,000 of rent.

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 I wanted to work on this company. So I asked my friends who were renting out a house in East Palo Alto to let me rent a room, the cheapest room they could possibly find. and they were all fully booked and it was like, I think over $1,000 of rent.

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 they said, I think it was actually, you know, 500 or $600, not $300 to give my my broke self some credit here for not being able to afford the rent. But they said you could rent out the master bedroom closet. And so I bought

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 they said, I think it was actually, you know, 500 or $600, not $300 to give my my broke self some credit here for not being able to afford the rent. But they said you could rent out the master bedroom closet. And so I bought

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 they said, I think it was actually, you know, 500 or $600, not $300 to give my my broke self some credit here for not being able to afford the rent. But they said you could rent out the master bedroom closet. And so I bought

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

brought in like a mattress from the dorms and i had a folding table from home depot nearby and i would basically rotate whether the mattress was on the floor or the folding tables on the floor and that was i just sat there and worked all day 16 18 hours a day go to sleep wake up do it again no weekends you know it's kind of like i turned into almost a monk where i was just obsessively building happy i was training models at the time i should wake up in the middle of night check on them you know continue to use my gpu because i didn't want to spend any money