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
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My fundamental thesis here is for AI companies of this generation, you need to have an interesting data strategy that's going to be defensible. I think there's a world in which in about two, three years, we're running a single simulation session. The people pay. Hundred million dollars for it. People live through different stages in their life and they have different careers, different jobs. At each stage of their life were they the reason why that thing was successful?
If you squint, were they the common denominator? This is twenty VC with me, Harry Stabbings, and I am too old and bored of standard podcast intro. So let me tell you a story. Shard U Sha, one of the best investors of the last decade at Index Ventures. emailed me late one night while I was on holiday with my family and said that he had a company that he was leading around in, and that he had never seen sales and growth like it before, even though he'd been in companies like Wiz and many other incredible Deck of Corns. So I met the founder, met him at midnight on a family holiday on a Zoom call. He was one of the most impressive AI minds I'd ever met. Naturally. I invest it on the spot.
But I also said I have to have you on the show. This is Jun Sung Park, founder and CEO at Simile. They predict the future. There are simulation market that try and predict future human behavior. It is incredible.
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