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🚀 Do Great Work, Automated Adversarial Attacks, Venture Capital Recovery, and more
The Flowlie Times #35
Welcome to The Flowlie Times.
This edition is brought to you by 1044 Media and Premoney.
Articles we enjoyed:
1️⃣ “How to Do Great Work” by Paul Graham:
The intersection of techniques for doing great work in various fields
Goal: create a guide for anyone working in any field
Steps to achieve great work:
Choose work with natural aptitude, deep interest, and scope for greatness.
Experiment and work on your own projects.
Cultivate excitement and curiosity in your chosen field.
Learn enough to reach the frontier of knowledge and notice gaps.
Pursue outlier ideas, even if others aren't interested.
Emphasize curiosity, delight, and the desire to do something impressive.
Aim to discover new fractal buds - new realms of knowledge.
The challenge of figuring out what to work on - be proactive, explore, and optimize for interestingness.
Read the article for more…
2️⃣ Venture Capital — We’re Still Not Normal: The distribution of outcomes in U.S. venture remains highly right-skewed, with a small number of winners driving returns. Dive into our updated version and explore how recent years have defied expectations, particularly during the pandemic. U.S. venture continues to be a hits-driven business, presenting both challenges and opportunities for entrepreneurs, VCs, and LPs alike.📈🚀
3️⃣ This study delves into automated adversarial attacks that can prompt these models to produce harmful content and obey user commands. Even though initially designed for open-source LLMs, these attacks can transfer to closed-source chatbots, raising concerns about their safety, especially in autonomous usage scenarios. Join us in understanding the potential risks and implications as we rely more on AI models! 🚀🤖
Venture announcements that caught our eye:
1️⃣ Protect AI, a startup focused on bolstering the security around AI systems, raised $35 million in a Series A funding round led by Evolution Equity Partners. The funding will be utilized to enhance the platform's capabilities, expand research efforts, and launch new open-source projects to create a safer AI-powered world.
This edition’s sponsors:
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2️⃣ Switchboard, a leading data engineering automation platform, raised $7M in a Series A round co-led by GFT Ventures and Quest Venture Partners. Their SaaS platform allows revenue and marketing data teams to launch and maintain data projects without engineering resources, speeding up insights and ensuring SOC-compliant data management. The funding will support product enhancements and broader customer reach.
3️⃣ Bunker has successfully raised $5 million in seed funding to boost its growth. It offers a cloud-based software application that integrates with clients' financial systems, providing dashboards and reports to help strategic leaders gain deeper insights into their financial data and identify cost savings of at least 10% of operating expenditure.
Flowlie news 🎉
Thrilled to announce the launch of our new podcast, “The VC Architects”, where we spotlight emerging managers as they build their first funds. Tune in every other Wednesday to learn from the best.
Cheers,
Mike from Flowlie