SiliconANGLE News | Beyond the Buzz: A deep dive into the impact of AI
(upbeat music) >> Hello, everyone, welcome to theCUBE. I'm John Furrier, the host of theCUBE in Palo Alto, California. Also it's SiliconANGLE News. Got two great guests here to talk about AI, the impact of the future of the internet, the applications, the people. Amr Awadallah, the founder and CEO, Ed Alban is the CEO of Vectara, a new startup that emerged out of the original Cloudera, I would say, 'cause Amr's known, famous for the Cloudera founding, which was really the beginning of the big data movement. And now as AI goes mainstream, there's so much to talk about, so much to go on. And plus the new company is one of the, now what I call the wave, this next big wave, I call it the fifth wave in the industry. You know, you had PCs, you had the internet, you had mobile. This generative AI thing is real. And you're starting to see startups come out in droves. Amr obviously was founder of Cloudera, Big Data, and now Vectara. And Ed Albanese, you guys have a new company. Welcome to the show. >> Thank you. It's great to be here. >> So great to see you. Now the story is theCUBE started in the Cloudera office. Thanks to you, and your friendly entrepreneurship views that you have. We got to know each other over the years. But Cloudera had Hadoop, which was the beginning of what I call the big data wave, which then became what we now call data lakes, data oceans, and data infrastructure that's developed from that. It's almost interesting to look back 12 plus years, and see that what AI is doing now, right now, is opening up the eyes to the mainstream, and the application's almost mind blowing. You know, Sati Natel called it the Mosaic Moment, didn't say Netscape, he built Netscape (laughing) but called it the Mosaic Moment. You're seeing companies in startups, kind of the alpha geeks running here, because this is the new frontier, and there's real meat on the bone, in terms of like things to do. Why? Why is this happening now? What's is the confluence of the forces happening, that are making this happen? >> Yeah, I mean if you go back to the Cloudera days, with big data, and so on, that was more about data processing. Like how can we process data, so we can extract numbers from it, and do reporting, and maybe take some actions, like this is a fraud transaction, or this is not. And in the meanwhile, many of the researchers working in the neural network, and deep neural network space, were trying to focus on data understanding, like how can I understand the data, and learn from it, so I can take actual actions, based on the data directly, just like a human does. And we were only good at doing that at the level of somebody who was five years old, or seven years old, all the way until about 2013. And starting in 2013, which is only 10 years ago, a number of key innovations started taking place, and each one added on. It was no major innovation that just took place. It was a couple of really incremental ones, but they added on top of each other, in a very exponentially additive way, that led to, by the end of 2019, we now have models, deep neural network models, that can read and understand human text just like we do. Right? And they can reason about it, and argue with you, and explain it to you. And I think that's what is unlocking this whole new wave of innovation that we're seeing right now. So data understanding would be the essence of it. >> So it's not a Big Bang kind of theory, it's been evolving over time, and I think that the tipping point has been the advancements and other things. I mean look at cloud computing, and look how fast it just crept up on AWS. I mean AWS you back three, five years ago, I was talking to Swami yesterday, and their big news about AI, expanding the Hugging Face's relationship with AWS. And just three, five years ago, there wasn't a model training models out there. But as compute comes out, and you got more horsepower,, these large language models, these foundational models, they're flexible, they're not monolithic silos, they're interacting. There's a whole new, almost fusion of data happening. Do you see that? I mean is that part of this? >> Of course, of course. I mean this wave is building on all the previous waves. We wouldn't be at this point if we did not have hardware that can scale, in a very efficient way. We wouldn't be at this point, if we don't have data that we're collecting about everything we do, that we're able to process in this way. So this, this movement, this motion, this phase we're in, absolutely builds on the shoulders of all the previous phases. For some of the observers from the outside, when they see chatGPT for the first time, for them was like, "Oh my god, this just happened overnight." Like it didn't happen overnight. (laughing) GPT itself, like GPT3, which is what chatGPT is based on, was released a year ahead of chatGPT, and many of us were seeing the power it can provide, and what it can do. I don't know if Ed agrees with that. >> Yeah, Ed? >> I do. Although I would acknowledge that the possibilities now, because of what we've hit from a maturity standpoint, have just opened up in an incredible way, that just wasn't tenable even three years ago. And that's what makes it, it's true that it developed incrementally, in the same way that, you know, the possibilities of a mobile handheld device, you know, in 2006 were there, but when the iPhone came out, the possibilities just exploded. And that's the moment we're in. >> Well, I've had many conversations over the past couple months around this area with chatGPT. John Markoff told me the other day, that he calls it, "The five dollar toy," because it's not that big of a deal, in context to what AI's doing behind the scenes, and all the work that's done on ethics, that's happened over the years, but it has woken up the mainstream, so everyone immediately jumps to ethics. "Does it work? "It's not factual," And everyone who's inside the industry is like, "This is amazing." 'Cause you have two schools of thought there. One's like, people that think this is now the beginning of next gen, this is now we're here, this ain't your grandfather's chatbot, okay?" With NLP, it's got reasoning, it's got other things. >> I'm in that camp for sure. >> Yeah. Well I mean, everyone who knows what's going on is in that camp. And as the naysayers start to get through this, and they go, "Wow, it's not just plagiarizing homework, "it's helping me be better. "Like it could rewrite my memo, "bring the lead to the top." It's so the format of the user interface is interesting, but it's still a data-driven app. >> Absolutely. >> So where does it go from here? 'Cause I'm not even calling this the first ending. This is like pregame, in my opinion. What do you guys see this going, in terms of scratching the surface to what happens next? >> I mean, I'll start with, I just don't see how an application is going to look the same in the next three years. Who's going to want to input data manually, in a form field? Who is going to want, or expect, to have to put in some text in a search box, and then read through 15 different possibilities, and try to figure out which one of them actually most closely resembles the question they asked? You know, I don't see that happening. Who's going to start with an absolute blank sheet of paper, and expect no help? That is not how an application will work in the next three years, and it's going to fundamentally change how people interact and spend time with opening any element on their mobile phone, or on their computer, to get something done. >> Yes. I agree with that. Like every single application, over the next five years, will be rewritten, to fit within this model. So imagine an HR application, I don't want to name companies, but imagine an HR application, and you go into application and you clicking on buttons, because you want to take two weeks of vacation, and menus, and clicking here and there, reasons and managers, versus just telling the system, "I'm taking two weeks of vacation, going to Las Vegas," book it, done. >> Yeah. >> And the system just does it for you. If you weren't completing in your input, in your description, for what you want, then the system asks you back, "Did you mean this? "Did you mean that? "Were you trying to also do this as well?" >> Yeah. >> "What was the reason?" And that will fit it for you, and just do it for you. So I think the user interface that we have with apps, is going to change to be very similar to the user interface that we have with each other. And that's why all these apps will need to evolve. >> I know we don't have a lot of time, 'cause you guys are very busy, but I want to definitely have multiple segments with you guys, on this topic, because there's so much to talk about. There's a lot of parallels going on here. I was talking again with Swami who runs all the AI database at AWS, and I asked him, I go, "This feels a lot like the original AWS. "You don't have to provision a data center." A lot of this heavy lifting on the back end, is these large language models, with these foundational models. So the bottleneck in the past, was the energy, and cost to actually do it. Now you're seeing it being stood up faster. So there's definitely going to be a tsunami of apps. I would see that clearly. What is it? We don't know yet. But also people who are going to leverage the fact that I can get started building value. So I see a startup boom coming, and I see an application tsunami of refactoring things. >> Yes. >> So the replatforming is already kind of happening. >> Yes, >> OpenAI, chatGPT, whatever. So that's going to be a developer environment. I mean if Amazon turns this into an API, or a Microsoft, what you guys are doing. >> We're turning it into API as well. That's part of what we're doing as well, yes. >> This is why this is exciting. Amr, you've lived the big data dream, and and we used to talk, if you didn't have a big data problem, if you weren't full of data, you weren't really getting it. Now people have all the data, and they got to stand this up. >> Yeah. >> So the analogy is again, the mobile, I like the mobile movement, and using mobile as an analogy, most companies were not building for a mobile environment, right? They were just building for the web, and legacy way of doing apps. And as soon as the user expectations shifted, that my expectation now, I need to be able to do my job on this small screen, on the mobile device with a touchscreen. Everybody had to invest in re-architecting, and re-implementing every single app, to fit within that model, and that model of interaction. And we are seeing the exact same thing happen now. And one of the core things we're focused on at Vectara, is how to simplify that for organizations, because a lot of them are overwhelmed by large language models, and ML. >> They don't have the staff. >> Yeah, yeah, yeah. They're understaffed, they don't have the skills. >> But they got developers, they've got DevOps, right? >> Yes. >> So they have the DevSecOps going on. >> Exactly, yes. >> So our goal is to simplify it enough for them that they can start leveraging this technology effectively, within their applications. >> Ed, you're the COO of the company, obviously a startup. You guys are growing. You got great backup, and good team. You've also done a lot of business development, and technical business development in this area. If you look at the landscape right now, and I agree the apps are coming, every company I talk to, that has that jet chatGPT of, you know, epiphany, "Oh my God, look how cool this is. "Like magic." Like okay, it's code, settle down. >> Mm hmm. >> But everyone I talk to is using it in a very horizontal way. I talk to a very senior person, very tech alpha geek, very senior person in the industry, technically. they're using it for log data, they're using it for configuration of routers. And in other areas, they're using it for, every vertical has a use case. So this is horizontally scalable from a use case standpoint. When you hear horizontally scalable, first thing I chose in my mind is cloud, right? >> Mm hmm. >> So cloud, and scalability that way. And the data is very specialized. So now you have this vertical specialization, horizontally scalable, everyone will be refactoring. What do you see, and what are you seeing from customers, that you talk to, and prospects? >> Yeah, I mean put yourself in the shoes of an application developer, who is actually trying to make their application a bit more like magic. And to have that soon-to-be, honestly, expected experience. They've got to think about things like performance, and how efficiently that they can actually execute a query, or a question. They've got to think about cost. Generative isn't cheap, like the inference of it. And so you've got to be thoughtful about how and when you take advantage of it, you can't use it as a, you know, everything looks like a nail, and I've got a hammer, and I'm going to hit everything with it, because that will be wasteful. Developers also need to think about how they're going to take advantage of, but not lose their own data. So there has to be some controls around what they feed into the large language model, if anything. Like, should they fine tune a large language model with their own data? Can they keep it logically separated, but still take advantage of the powers of a large language model? And they've also got to take advantage, and be aware of the fact that when data is generated, that it is a different class of data. It might not fully be their own. >> Yeah. >> And it may not even be fully verified. And so when the logical cycle starts, of someone making a request, the relationship between that request, and the output, those things have to be stored safely, logically, and identified as such. >> Yeah. >> And taken advantage of in an ongoing fashion. So these are mega problems, each one of them independently, that, you know, you can think of it as middleware companies need to take advantage of, and think about, to help the next wave of application development be logical, sensible, and effective. It's not just calling some raw API on the cloud, like openAI, and then just, you know, you get your answer and you're done, because that is a very brute force approach. >> Well also I will point, first of all, I agree with your statement about the apps experience, that's going to be expected, form filling. Great point. The interesting about chatGPT. >> Sorry, it's not just form filling, it's any action you would like to take. >> Yeah. >> Instead of clicking, and dragging, and dropping, and doing it on a menu, or on a touch screen, you just say it, and it's and it happens perfectly. >> Yeah. It's a different interface. And that's why I love that UIUX experiences, that's the people falling out of their chair moment with chatGPT, right? But a lot of the things with chatGPT, if you feed it right, it works great. If you feed it wrong and it goes off the rails, it goes off the rails big. >> Yes, yes. >> So the the Bing catastrophes. >> Yeah. >> And that's an example of garbage in, garbage out, classic old school kind of comp-side phrase that we all use. >> Yep. >> Yes. >> This is about data in injection, right? It reminds me the old SQL days, if you had to, if you can sling some SQL, you were a magician, you know, to get the right answer, it's pretty much there. So you got to feed the AI. >> You do, Some people call this, the early word to describe this as prompt engineering. You know, old school, you know, search, or, you know, engagement with data would be, I'm going to, I have a question or I have a query. New school is, I have, I have to issue it a prompt, because I'm trying to get, you know, an action or a reaction, from the system. And the active engineering, there are a lot of different ways you could do it, all the way from, you know, raw, just I'm going to send you whatever I'm thinking. >> Yeah. >> And you get the unintended outcomes, to more constrained, where I'm going to just use my own data, and I'm going to constrain the initial inputs, the data I already know that's first party, and I trust, to, you know, hyper constrain, where the application is actually, it's looking for certain elements to respond to. >> It's interesting Amr, this is why I love this, because one we are in the media, we're recording this video now, we'll stream it. But we got all your linguistics, we're talking. >> Yes. >> This is data. >> Yep. >> So the data quality becomes now the new intellectual property, because, if you have that prompt source data, it makes data or content, in our case, the original content, intellectual property. >> Absolutely. >> Because that's the value. And that's where you see chatGPT fall down, is because they're trying to scroll the web, and people think it's search. It's not necessarily search, it's giving you something that you wanted. It is a lot of that, I remember in Cloudera, you said, "Ask the right questions." Remember that phrase you guys had, that slogan? >> Mm hmm. And that's prompt engineering. So that's exactly, that's the reinvention of "Ask the right question," is prompt engineering is, if you don't give these models the question in the right way, and very few people know how to frame it in the right way with the right context, then you will get garbage out. Right? That is the garbage in, garbage out. But if you specify the question correctly, and you provide with it the metadata that constrain what that question is going to be acted upon or answered upon, then you'll get much better answers. And that's exactly what we solved Vectara. >> Okay. So before we get into the last couple minutes we have left, I want to make sure we get a plug in for the opportunity, and the profile of Vectara, your new company. Can you guys both share with me what you think the current situation is? So for the folks who are now having those moments of, "Ah, AI's bullshit," or, "It's not real, it's a lot of stuff," from, "Oh my god, this is magic," to, "Okay, this is the future." >> Yes. >> What would you say to that person, if you're at a cocktail party, or in the elevator say, "Calm down, this is the first inning." How do you explain the dynamics going on right now, to someone who's either in the industry, but not in the ropes? How would you explain like, what this wave's about? How would you describe it, and how would you prepare them for how to change their life around this? >> Yeah, so I'll go first and then I'll let Ed go. Efficiency, efficiency is the description. So we figured that a way to be a lot more efficient, a way where you can write a lot more emails, create way more content, create way more presentations. Developers can develop 10 times faster than they normally would. And that is very similar to what happened during the Industrial Revolution. I always like to look at examples from the past, to read what will happen now, and what will happen in the future. So during the Industrial Revolution, it was about efficiency with our hands, right? So I had to make a piece of cloth, like this piece of cloth for this shirt I'm wearing. Our ancestors, they had to spend month taking the cotton, making it into threads, taking the threads, making them into pieces of cloth, and then cutting it. And now a machine makes it just like that, right? And the ancestors now turned from the people that do the thing, to manage the machines that do the thing. And I think the same thing is going to happen now, is our efficiency will be multiplied extremely, as human beings, and we'll be able to do a lot more. And many of us will be able to do things they couldn't do before. So another great example I always like to use is the example of Google Maps, and GPS. Very few of us knew how to drive a car from one location to another, and read a map, and get there correctly. But once that efficiency of an AI, by the way, behind these things is very, very complex AI, that figures out how to do that for us. All of us now became amazing navigators that can go from any point to any point. So that's kind of how I look at the future. >> And that's a great real example of impact. Ed, your take on how you would talk to a friend, or colleague, or anyone who asks like, "How do I make sense of the current situation? "Is it real? "What's in it for me, and what do I do?" I mean every company's rethinking their business right now, around this. What would you say to them? >> You know, I usually like to show, rather than describe. And so, you know, the other day I just got access, I've been using an application for a long time, called Notion, and it's super popular. There's like 30 or 40 million users. And the new version of Notion came out, which has AI embedded within it. And it's AI that allows you primarily to create. So if you could break down the world of AI into find and create, for a minute, just kind of logically separate those two things, find is certainly going to be massively impacted in our experiences as consumers on, you know, Google and Bing, and I can't believe I just said the word Bing in the same sentence as Google, but that's what's happening now (all laughing), because it's a good example of change. >> Yes. >> But also inside the business. But on the crate side, you know, Notion is a wiki product, where you try to, you know, note down things that you are thinking about, or you want to share and memorialize. But sometimes you do need help to get it down fast. And just in the first day of using this new product, like my experience has really fundamentally changed. And I think that anybody who would, you know, anybody say for example, that is using an existing app, I would show them, open up the app. Now imagine the possibility of getting a starting point right off the bat, in five seconds of, instead of having to whole cloth draft this thing, imagine getting a starting point then you can modify and edit, or just dispose of and retry again. And that's the potential for me. I can't imagine a scenario where, in a few years from now, I'm going to be satisfied if I don't have a little bit of help, in the same way that I don't manually spell check every email that I send. I automatically spell check it. I love when I'm getting type ahead support inside of Google, or anything. Doesn't mean I always take it, or when texting. >> That's efficiency too. I mean the cloud was about developers getting stuff up quick. >> Exactly. >> All that heavy lifting is there for you, so you don't have to do it. >> Right? >> And you get to the value faster. >> Exactly. I mean, if history taught us one thing, it's, you have to always embrace efficiency, and if you don't fast enough, you will fall behind. Again, looking at the industrial revolution, the companies that embraced the industrial revolution, they became the leaders in the world, and the ones who did not, they all like. >> Well the AI thing that we got to watch out for, is watching how it goes off the rails. If it doesn't have the right prompt engineering, or data architecture, infrastructure. >> Yes. >> It's a big part. So this comes back down to your startup, real quick, I know we got a couple minutes left. Talk about the company, the motivation, and we'll do a deeper dive on on the company. But what's the motivation? What are you targeting for the market, business model? The tech, let's go. >> Actually, I would like Ed to go first. Go ahead. >> Sure, I mean, we're a developer-first, API-first platform. So the product is oriented around allowing developers who may not be superstars, in being able to either leverage, or choose, or select their own large language models for appropriate use cases. But they that want to be able to instantly add the power of large language models into their application set. We started with search, because we think it's going to be one of the first places that people try to take advantage of large language models, to help find information within an application context. And we've built our own large language models, focused on making it very efficient, and elegant, to find information more quickly. So what a developer can do is, within minutes, go up, register for an account, and get access to a set of APIs, that allow them to send data, to be converted into a format that's easy to understand for large language models, vectors. And then secondarily, they can issue queries, ask questions. And they can ask them very, the questions that can be asked, are very natural language questions. So we're talking about long form sentences, you know, drill down types of questions, and they can get answers that either come back in depending upon the form factor of the user interface, in list form, or summarized form, where summarized equals the opportunity to kind of see a condensed, singular answer. >> All right. I have a. >> Oh okay, go ahead, you go. >> I was just going to say, I'm going to be a customer for you, because I want, my dream was to have a hologram of theCUBE host, me and Dave, and have questions be generated in the metaverse. So you know. (all laughing) >> There'll be no longer any guests here. They'll all be talking to you guys. >> Give a couple bullets, I'll spit out 10 good questions. Publish a story. This brings the automation, I'm sorry to interrupt you. >> No, no. No, no, I was just going to follow on on the same. So another way to look at exactly what Ed described is, we want to offer you chatGPT for your own data, right? So imagine taking all of the recordings of all of the interviews you have done, and having all of the content of that being ingested by a system, where you can now have a conversation with your own data and say, "Oh, last time when I met Amr, "which video games did we talk about? "Which movie or book did we use as an analogy "for how we should be embracing data science, "and big data, which is moneyball," I know you use moneyball all the time. And you start having that conversation. So, now the data doesn't become a passive asset that you just have in your organization. No. It's an active participant that's sitting with you, on the table, helping you make decisions. >> One of my favorite things to do with customers, is to go to their site or application, and show them me using it. So for example, one of the customers I talked to was one of the biggest property management companies in the world, that lets people go and rent homes, and houses, and things like that. And you know, I went and I showed them me searching through reviews, looking for information, and trying different words, and trying to find out like, you know, is this place quiet? Is it comfortable? And then I put all the same data into our platform, and I showed them the world of difference you can have when you start asking that question wholeheartedly, and getting real information that doesn't have anything to do with the words you asked, but is really focused on the meaning. You know, when I asked like, "Is it quiet?" You know, answers would come back like, "The wind whispered through the trees peacefully," and you know, it's like nothing to do with quiet in the literal word sense, but in the meaning sense, everything to do with it. And that that was magical even for them, to see that. >> Well you guys are the front end of this big wave. Congratulations on the startup, Amr. I know you guys got great pedigree in big data, and you've got a great team, and congratulations. Vectara is the name of the company, check 'em out. Again, the startup boom is coming. This will be one of the major waves, generative AI is here. I think we'll look back, and it will be pointed out as a major inflection point in the industry. >> Absolutely. >> There's not a lot of hype behind that. People are are seeing it, experts are. So it's going to be fun, thanks for watching. >> Thanks John. (soft music)
SUMMARY :
I call it the fifth wave in the industry. It's great to be here. and the application's almost mind blowing. And in the meanwhile, and you got more horsepower,, of all the previous phases. in the same way that, you know, and all the work that's done on ethics, "bring the lead to the top." in terms of scratching the surface and it's going to fundamentally change and you go into application And the system just does it for you. is going to change to be very So the bottleneck in the past, So the replatforming is So that's going to be a That's part of what and they got to stand this up. And one of the core things don't have the skills. So our goal is to simplify it and I agree the apps are coming, I talk to a very senior And the data is very specialized. and be aware of the fact that request, and the output, some raw API on the cloud, about the apps experience, it's any action you would like to take. you just say it, and it's But a lot of the things with chatGPT, comp-side phrase that we all use. It reminds me the old all the way from, you know, raw, and I'm going to constrain But we got all your So the data quality And that's where you That is the garbage in, garbage out. So for the folks who are and how would you prepare them that do the thing, to manage the current situation? And the new version of Notion came out, But on the crate side, you I mean the cloud was about developers so you don't have to do it. and the ones who did not, they all like. If it doesn't have the So this comes back down to Actually, I would like Ed to go first. factor of the user interface, I have a. generated in the metaverse. They'll all be talking to you guys. This brings the automation, of all of the interviews you have done, one of the customers I talked to Vectara is the name of the So it's going to be fun, Thanks John.
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Iman Bashir, craftly.ai | DigitalBits VIP Dinner
(upbeat music) >> Okay, welcome back everyone. This is theCube's extended hours. Things are starting to settle down. Dinner has started being served. We're here with Prince Alvarez, has an invitation for the VIP gala. Part of Monaco leaning into crypto, we're reporting on it. Not our normal set, more of an after hours vibe. We're here with Iman Bashir, found of Craftly.ai. Thanks for coming on theCube. >> Thanks for having me. >> So I love your story. You're a coder, built some code, started a company. Now you're the CEO. You hired some people to wrap around support you. Now you're running the show. What a great story. How did you get here? Give me the origination story >> Basically, for as long as I can remember, I've been an entrepreneur. My parents have stories of me being too young to babysit, but I would create a babysitting agency and have sent babysitters out or I would sell my lunches. Throughout school, I would always find some kind of entrepreneurship endeavor. And when I came out of school, I kept finding myself lacking the necessary skills to really do a startup. And so that's when I discovered coding. And I took myself through coding boot camps, and I started websites and I'm like, no, I want something more perpetual. I want to make money when I sleep. And then from there I found search engine optimization. So how to get to the top of Google. And I started working really quickly with like really big companies. And immediately I realized my full budget's spent on copywriting. And so that's when I discovered you could have that written by AI. Not going to replace you, but it's there to enhance you. And so built an AI copywriter. >> And so what does it do? >> Basically you type in a couple words. It could be anything, any use case. So product descriptions for eCommerce, blog articles for any company really, web copy, even does songs. Or your next breakup text, which we'll get to that. But it does basically anything. You type in a couple words and it generates text for you. All original and plagiarism free. >> Okay. Can you write our blog post for us? >> Yeah. >> Say, hey, we're covering the crypto-con in Monaco. >> Could even do a summary of this interview, yeah. >> Well, we get that transcribed in the cloud. We'll get that in a second. First. I love the story. Okay. So now you're the CEO. Great application. So imagine you're scraping pages. You looking at summaries, doing any extraction, looking at word combinations. What were some of the tech behind it? >> We use, we leverage a bunch of different models. We use GPT3, which was founded by Sam Altman, Elon Musk, all major players that basically allows you to pull 175 billion parameters of data. Anything before it was 2 billion. So now you're talking, I'm able to pull like basically the whole internet. And from there we added different models to provide learning and to get the best quality AI out there. There's a lot of bad quality. And so from there, we're able to take it, mix and match, and have it formulate the best things. >> So where are you now? So you're in your journey, the CEO, how many people in your staff, what's the status? >> So right now we have eight full time people and a bunch of contractors. Before I was the lead developer. But now as the company's growing, I have to take a backseat and be more in a sales role versus being the one to develop it every single day. And so right now we're hiring more developers as we go. >> So the funding options must be off the charts. Offers coming in left and right. >> So tons, but definitely we're in a different market environment than we were two months ago. So as you may have heard, crypto's down, possibly, but so we were - >> On temporary basis, not truly down. >> But in the beginning, I wanted to hold as much equity as possible by bootstrapping, proving concept, doing it. I have a lot of the background and skillset to have it there. So I hired the best people. And once we prove concept, we were prepared to raise and then the market kind of slowed us down. So right now, luckily our company is self-funded and supporting itself. >> Good. >> So we're making money. We're profitable. >> What you want to do. >> Yeah. >> As much as possible. >> Yeah. And so right now we do, we are looking for growth options, funding options. We're talking to a lot of people. That's why I'm here in Monaco. But it's a good place to not be desperate. It's a good place to not need the money, but. >> You know, I always said when I was running companies and to my team, my a friend gave me great advice. You can't go out of business when you have money in the bank. >> Yeah. >> So don't run out of money. >> Basically. Luckily our product, it's a subscription basis and it's a monthly, so we're making money immediately. >> All right. So I got to ask. What's the biggest challenge you've had and putting this because it's great, great story. You're really impressive. Great vision. You coded your own product. Now you got put the team around you. >> Yeah. >> What's been the challenge. How have you handled the grind? Cuz it's, the joy in the grind can be fun. >> Yeah. >> But then it gets complicated. Start adding people to the mix and you got to get milestones. You're self-funding. Which by the way, self-funding is the hardest part. >> Yeah. >> It is difficult. >> Yeah. >> Most people think like raising a big round is the top of the mountain. No, no, no, no. Self-funding is the A-1 player. That's an A play move, A player move right there. >> Definitely. I would say if I were to go back I would get funded a lot earlier, especially with the market conditions eight months ago. But one of the biggest struggles I would, I feel I have faced was just being a younger founder. Sometimes you're, there's imposter syndrome in your, within yourself. But otherwise, a lot of times people don't take you seriously immediately. Everyone always assumes that I'm someone's girlfriend at an event. Or I, they say that's cute when talking about your business. And so you have to deal with that. Yeah. Or one time I was at a conference and someone asked how I funded the company. And I said, I created ancillary revenue streams to be able to support it. And their response was, oh, I love it when my OnlyFans funds my business. And that, immediately, >> Oh my God, that is... That is total. >> But now I use it as fire to ignite me and kind of prove everyone wrong. But I definitely would say that the journey of falling in love with the journey and realizing that no matter how big you get, your problems only get bigger. So it's choosing the right problems to solve and realizing that every day there's going to be a fire. Just living in the moment. >> Well, you're such an inspiration to me and anyone. I'm going to share your story because what you just talked about, a lot of people, being a startup, you're eating glass, you're falling on your face. You're tripping all the time. Hopefully you don't get hurt. But when people make comments like that to you, given how smart you are, and how brilliant you are, how beautiful you are, that is just unacceptable. And I think that is just a really weird thing. Like that has to change. It's like, its so unacceptable. >> I feel like the world's heading in the right direction and it's up to people to use those setbacks to ignite them and push them forward, which I'm trying to. >> You know, I was, I read a book about trauma and how trauma defines you, right? >> Yeah. >> And trauma is little trauma, family trauma and and trauma's defined >> All perspective. >> Trauma's defined as not like, oh, something dire, like little things could be like little traumas. Oh yeah, I was offended by my brother. This happened there. So experiences define you. >> Yeah. >> And I think one of the things that you just mentioned is you've made it stronger, made you stronger. >> Yeah. >> The comments made you stronger. >> Oh, I definitely see, even everything that I've been through. And this is the same for a lot of first time founders. All my previous companies I've had the blessing of working with like an older mentor that had done it before. This was the first where I kind of was on my own. And when you do that, now, if I look back on the last year and a half, I could probably do the same thing in a week. Once you do it the first time you really do learn. >> I'll just tell you. You're brilliant, beautiful. You're very impressive. >> Thank you. >> Theresa Carlson, who used to run all Amazon's web services, business and public sector. She's a Renaissance woman. She's an amazing friend. Great power. That's she always, she always says to me, and she's like you know, my father was a basketball coach. I can handle with those men. And she would say, but she said it with proud, like leaning in like, hey, that's life. I'll take what life gives me. And I think that's a lesson we're seeing more of. Because you're seeing a lot more women in tech. I did 30 interviews in Europe, the past March 7th. Okay. In three weeks. >> Yeah. >> So a lot of stuff. Well, thanks for coming on. We got the events starting. I'll let you go. Thanks for sharing your story. >> Thanks for having me. >> Well, what's next for you? What's next? >> Next is, I'm going to I'm going to build the word processor of the future and be the future of writing. >> Okay. And thank you for coming out. >> There you go. I appreciate it. All right. This is theCube coverage here at the event. we'll be back with more after this break. (upbeat music)
SUMMARY :
has an invitation for the VIP gala. You hired some people to So how to get to the top of Google. and it generates text for you. our blog post for us? the crypto-con in Monaco. of this interview, yeah. I love the story. and have it formulate the best things. I have to take a backseat So the funding options So as you may have heard, crypto's down, I have a lot of the So we're making money. But it's a good place to not be desperate. and to my team, my a friend and it's a monthly, so we're So I got to ask. What's been the challenge. and you got to get milestones. Self-funding is the A-1 player. And so you have to deal with that. Oh my God, that is... So it's choosing the and how brilliant you are, I feel like the world's So experiences define you. And I think one of the And when you do that, I'll just tell you. And I think that's a lesson So a lot of stuff. and be the future of writing. here at the event.
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