Latest Talks Podcast #58 | Finding Jobs | Building Businesses | Tech Startups | VCs | AI Shidduchim

Venture capitalism. was associated actually 10 billion mention [Music] businessman startups. minimum billion unique mch. Yeah. The economy is fin of any flight. Enjoy the podcast. feedback continufully. This is our behind the scenes office executive office. The most important part here for prevention for the future in the market furniture talks Additionally to this fat taxes and fat tariffs. So thank you so much all furniture for the matuna. I really appreciate it. for the movies. Now to the episode basic brief, you know. step in life. Ups and downs. [Music] and practiced practiced and I practiced real life cross lines. Above and beyond. and focus as the resulting. This is the ultimate grounded plots. So, how was whatever? mentions in Kicking off boat. Aim off. Nine. Arabide. This is the plots we mention of the level. But I know the capacity and the capabilities of a level. trade. Give or take. The point is itself. to sleep. lawyer. But unique ability is ability patterns. Abstract lines. Unique ability. business development. Okay. is okay. Wow. A certain sports biking. Biking in sport is an occupation. >> The thrill exercise and exercise. How about you? How about at least politics. was a guy. So, whatever sport. So, the sale or the negotiation or the occupation part of sadly not the distraction. >> Exactly. Right. So the job limited plots Oh wow. The pattern the point was says mistakes. Wrong moves, partially wrong moves in the course correction. tools. Got you. Okay. real estate mortgages. >> Oh, wow. Real estate introduced to technology Computers at that time involved in movement in technology was open source projects open source projects information culture in environment but explain early adopter technology. suction issue. So buluses. Although early adop hard wires telephone exchanges. I would say 2001 and 2004 protocol IP. The internet protocol voice traffic. The idea is kind of attachment voiceover IP protocol vocc which is the stands for web web realtime communication um lost midgame video packets and no packets height hunting technologies human behavior as in order to milliseconds 15% the delay I mention I'm hearing issues milliseconds. So within 90 130 milliseconds the conversation probably 100% I should know 99% of phone calls protocols involved in the headers to and from the subject line on the the file size. The second file size Dart [Music] call center phone systems involved in wind energy wind energy. Wind energy project wind turbines is a business energy. So in order certain footprint in ingress egress rights. Okay. >> Farm of turbine solar solar and wind. Um [Music] in 2004 2005ution the wind turbines. turbines. Okay. information of the transmission lines transmission lines. Alter transmission lines cables the power cables on the transmission turbines. The rule of thermodynamics is >> okay. >> Okay. >> This is the rules from the heat source from fire. This is the >> generator. electric generate New York City Back check hand fan. minutes. It's connected to your pipe and somehow flashlight magnetic fields. was nuclear and the damper engine turbine with the turbine actually. Okay. So, Vind actually mind at that time virtual mind. So active. Okay. Yeah. Okay. Um the point is the company size cherry. The idea is executed transaction. Basically the idea finish the transaction NFX venture capitalist Silicon Valley nfx.com VC venture related topics. >> So I'm invested in the company >> venture capital investment group. >> Okay. Silicon Valley California >> California and Silicon Valley is the plots we mention investment startups Google Apple Facebook investment companies invest in [Music] suggested evoked a positive emotion. Okay. I haven't [Music] as a full-time remote employee from Philippines Dominican Republic a remote employee 9 to5 down time zone for a bookkeeper customer service architect a photo editor Amazon specialist any kind of arbiter means fine English. No hidden fees and no locking conting for less 845 68299 click the link in the description. Luxury kosher villa says the best of plots shine fully plate WhatsApp 3054499899 of luxury kosher.com so the ads Um then venture capitalist like achievement I guess experience venture capitalist invest capital. Okay. Okay. Investments do in the mention as [Music] investors venture capitalist mention in the plot. investment investment. Whatever business is million,000% peakion. Okay. The questionable number So a fifth newspan is million,000 $300,000 million and less risky investment return. Okay. Yeah. Million. So basically million. Yeah. Okay. for high-risk companies. The maximum value is the company million value million value. In reality in real companies for the investor in order for a venture capitalist company the venture capitalist triple triple triple double double a venture capitalist Okay. Expectation in the company. Okay. So venture capitalist like trajectory is the company. This is pretty much the seed investor million revenue. The potential is a multi-billion dollar company in revenue. Got it. So the value in a venture capitalist NFX is a fund 2.3 billion fund 2.3 billion 2.3 billion mentioned 2.3 billion >> actual hard cash 2.3 billion invest in companies >> but the pointion as the power law. The power law mind [Music] Facebook numbers We work investments because this is the kind. And by the way, this is the you sought the difference between startups and under in in in upstart company, a tech startup investment swing. mistakes. But the next approves can give in the next round. The pressure is on 24 of the level by accident. Those public by accident. [Music] generational differences. Go for it. Reach out to me. Um, too much addicted stress. Addicted. Believe me, too much. Forevaling. By the way, is Alice inner healing by design? Who knows what? I'm very pro actually mental health. So asking Wow. Okay. >> Okay. tablet company organization organization massive project technology project. This is video, voice, apps, technology organiz. from the hospitals and access for the closest relatives and problem. Yeah. So, okay. So, So venture capitalist venture capitalist actually ready to griven on target. The market is signal the difference and signal signal. >> Yeah, there's certain parts in AI signal. signal strength noise got made active social media of social media. Um consistent almost on a daily basis. for the fun of it. I'm going to post The problem with the underlying problem with problem solve effort. This is the conne records. So over on Mars on Mars on Mars, a man on the moon. project. This is the ultimate goal. This is the target. and hope on Mars facility employees. >> Oh, okay. >> Yeah. >> Yeah. But the phase one is basics. Okay. Well, the guy in phase one. Okay. Guide to the soft. I constantly trick back. >> Okay. all the way for whatever reasonion. Okay. Consideration by chance by accident. service whatever billionaires quantifier for the ultimate goalot. Direct path million million million billion. million. They a business was had the potential to bring in a billion dollar um stocks and certain discipline. Basically should create actual items n items with the hostish n qualifications with the host and access with the hostish details n ideas with the nations with concept. So million million Mr. Portfolio by then a portfolio of a half million dollar in real a half a billion dollar in real estate. billion dollar in stocks and a billion dollar business. the business investments $250 million real estate stocks in a business disciplines usually pretty boring. Basically, basically Targets. Accept targets. Target. Okay. Target. End goal target. End target. Target. target. Focus of hunting. The next the next the next the next the psy thousand miles is one step forward. This is the concept. The point was yeah days exercise routinely. Okay. Targets achieved. >> Wow. Massive numbers. is when they focused in the likes of phases in the next. So phases in the let's phase chang so based als The pressure is on pressure. So this is a boat project. venture capital investors investors investors investors investment So do companies of Velt is a grocery in a grocery include a grocery, real estate, a hardware store. And this is startups in areas. They mean ideas of the data. Fore accordingly in the area number two >> area number two is a startup as a technology startup is basically startups technology risk um rockets in the lift canon of devel technology risk technology risk points in self-driving electricity. Twitter technology risk. Yeah. Um technology risk. >> Grock. Yeah. Mainly execution risk. affiliate technology companies says about the technology is about the execution which means to do the technology risk companies. Technology risk companies. This is technology riskology. ideas, but this one in general is a technology risk. Okay. This is technology risk. So the flying cars technology risk adoption risk technologies technology. Yeah. So that's the point. This is the point. >> The iPhone is a technology. >> The iPhone technology risk technology was World War I the the atom bomb the the airplanes era technology execution which means mention in Pakistan. [Music] ingredients. Execution. Execution. Bonished. Gishology. [Music] technology. Early adopters. Okay. Early adopters early technology to do the software. interesting. >> Okay. Execution risk execution basic companies startups. Zero risk. A grocery is a grocery technology. So in order which means mentioned okay vual.org virtual mention online. So the idea is link the link expired link website help page help The DA is do the video says I am a streaming system. No, >> this is a live system. >> Oh conference. So video conference video conference live systemage share the screen. Congratulations. Thank you. Wow. visual visual.org.org. Oh, so [Music] fishing. So visual is a a zoom meeting. So Okay. Cardsce insurance download the Card right app card right the advanced spreadsheets track of credit cards benefits shine appraism simple dashboard available of Android and Apple of card.comlt so the The second announced mention mentions website was villain is a in question in order mention And sadly most sadly experience in the anything customers mention deposit as a software products circle is avoid shortcuts. Avoid shortcuts. >> Avoid shortcuts. Marketing company, a branding company, a market research company. customers. It's impossible. [Music] This is the the the point [Music] launch as easy and cheap would in order on deepest [Music] Ginsburg. Yeah. Shout out to Ginsburg. Wow. We can [Music] but anyway All right. So, the problem is the ultimate problem is B2B >> B2B communication the transaction is a single communication the problem is the communication emails accounting application POS system CMS system. So basically any discrepancy. >> Yeah. syncing up the systems. Then essentially systems digital is digital digital IPcology for a single communication. The salesman production segmented systems the internet problem. Business Communications ordered to the delivery slip to the paper digital paper but imagine India of telephone in London and they mention system London system DC in order to solve the problem. This is a problem. on the network problem. network problem by the way in Shortcut and pain spark ultimately. This is a problem [Music] network problem. in order fake fake the supply. China drivers in mentions canon drivers in the car GPS Uber supply drivers. Okay. >> Fake the supply. Yeah. AB testing faking supply for certain product demand and produce the product. Shopify customers, Shopify. So, accounts payable, other accounts receivable, WhatsApp group, bookkeepers, WhatsApp groupers, WhatsApp Okay. So questions in bookkeeping and soft by the way Linux users groups Linux is the idea of an open source software Windows Mac Linux Linux is for developers, coders systems of computers computer but function right basically to the Linux users groups. Okay. Programmers group. So for Okay. [Music] See system connected section benefit. from the industry corners from the industry. >> Got it. Okay. You called customers meeting [Music] department. Department [Music] of Zoom. So, you're now being recorded. Okay. Google. So certain patterns, certain hindered interviews. >> A bunch of code by early warning mention declaring house. A member of what? >> Nacha was the answer. >> Nacha is our organization from banks and financial technology. pain points, a buyer, a seller, a bank in an institution of support banks. self understood and you know the business ground up right simply Second components there's also So this is research and development. No, no doubt projects. Okay. It gives me the opportunity to see what others have missed. companies by the way from Chase members. So lines of code and chase system [Music] Right. line code system Ira Million security compliance audits lawyers legal team contracts cost a million dollar Okay. Million. Wow. So when Wow. >> Wow. Is that interesting? By the way, because you know sense. Yeah. So research and development department. Um, so how would you do it? So details. So the science problem. Okay. So companies payments accounts [Music] process and payments accounting application in a business invoice. >> Yeah. avail any accounting application hypothetically >> hypothetically payment checkbook Yeah. >> Okay. Right. >> Accounts payable department. So, so Google credit card, right? problems items a management company. So entertainment related companies events location security for stage for lights and for music for sound contractors they entity nonquickbooks files advertisement videos. Okay. basically operate banking security banking protocols. So it's almost CFO the nursing home indry manage nursing homes the nursing homes extra facility facility complicated. So um billion billion million transactions. >> Wow. Impressive. >> Yeah. North >> business nursing homeion transactions facilities was an active system billiona mean to say is associated actually 10 billion system involvement Physically something system is automated. Impressive. Wow. Yeah. >> Wow. What's the company? The company Hans nursing home management back office company was managed books and accounting for nursing homes AP clerk accounts payable invoices invoices approved the bills accounts payable >> that's all invoices so can a clerk facilities. >> Okay. >> G optimized systems facilities AP clerk system facilities per AP clerk. >> Okay. >> AI products born which is revolutionary on the next level. Next, next level revolutionary. Um, which facilities AP clerk and the idea is to canon of certain deviations. basically questions the rest canon. >> So, so what's the process system agents? Okay. system. >> This is step number AI models processes injection. The injection model invoice which means Invoice medication ID for a patient is the medication ID for the patient medications. Okay. Mapping do classification and validation. Validation is today under assistance in the kitchen for the food for the system completely automated all the way invoice approval. I hope at the end of the year application system payment for the vendor connect the vendor system payment. So basically system once approved management company accounting application do the approvals of the >> hunt and this is the plat this is was cherry >> so is basically it's as >> some dry extra components component is the original component for payments manual but Instead of mail check bank account [Music] so platform payments handled across systems and facments achely automated payments process. perspective. Once the payment is the invoice automation part, the budget automation automation the second [Music] system. Exactly. This is actually 90 days. That's how it works. All right. reality from an experience. priorities. Priorities. So most mention most mentioned kicking off problems when I'm perspective. technical. The next mention podcast Let's not for the challenge is it's about the data and the resources for mention the system updated systems. on top of it, right? It's not going to work because you don't have the people to be invested and to update that resources list. Mhm. is available for the gun. Available for the gun belt. foreign. Okay. Pretty much Climb local hunt is develop. for problems and all dry is an unsolvable data problems lists of PDF files of system of of of drive boxes drives whatever Fore [Music] launch programs. Yeah. was was was was sad mention was so is available [Music] possible opportunity in the problem is not yet available and >> existence matching in status. >> Yeah. >> Okay. real life. >> In real life, family. Okay. database for the machine specific AI models and algorithms. Ro clusters. >> Clusters and anomalies. >> Whatever. >> Clusters and anomalies. Mind groups. Day group mention. Day group mention. they families amies. So the system But I get my patterns, right? But changes the machine pattern data available. The data wasn't project data collection project integration project >> and so on effort for mentions. Yeah. Mhm. Exactly. Individually, the data is algorithms. the systems in the government. They have their own way how to do it. Access Execution plots. Mayor mentions an execution question because the algorithm Part project standpoint. My point is as to execute home system actually you know it's implemented Okay. meetings help impossible to execute systems whatever they couldn't get that systems attack companies execution based company and a tech based company >> tech based company mind build it and they will come executionbased company this executionbased company is pain. So problem is a sol technologically a solvable problem of market system of human input data existing systems. integration collecting, harvesting and handling them properly. Wow, >> that's all this is. Shark tank type of idea. This is the process. This is the concept in points. Yeah. Mhm. PDF files of drives update change. Foreign speech. Foreign speech. Foreign speech. Sadly, this is common. completely out. [Music] The problem is it's an all or nothing move. All or nothing move. Yeah. Right. I'm sorry. from the corners. Basically, lines. computerized perfect including by the way is in western countries by the way countries. So >> at least the problem in in America is required by law. So the data is dueall at least the gross chunk and so on. So, by the way, yeah, okay, >> but it's going to take time. It's going to take time. [Music] system at least for calculations and math especially It's It's not going to happen overnight. Yeah. Security is protected. to the execution. >> Aliss's execution >> 100%. Okay. It's definitely ending in the conversation while shove the but you know as fast as possible economy financials And you know they've always you know v the positive outlook for the future for the you know financials. Fore [Music] financials accountants. It's from the corner. So it's a game. >> Mhm. But financials value investors. The basic level entry jobs booming economy um entry level people has business but you know because the business is the company down employees and you go foreign. Um but in principle Fore! Foreign! Foreign! But I mention who who took the risk to put himself out there. Vulnerability and humility. Allah, disasters and failures. Allah one by one business mindset in hindsight valuable couldn't panic at the moment not diminish finishing the pain and I'm not blaming. Know that you can be proud of yourself. The outcome is the outcome is the effort. for [Music] a hot choice. Mid choice of which means But ultimately, be proud of yourself. Just do it. Fore connect. And the result is which means as not a connection. So usually 60C message but I guess the message unlessc Second message I guess entertainment and sports. Keep it up. >> Thank you. I appreciate Enjoy the episode. Like, comment, shanks. [Music]