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Continuous Learning_Startup & Investment
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We journey together through the captivating realms of entrepreneurship, investment, life, and technology. This is my chronicle of exploration, where I capture and share the lessons that shape our world. Join us and let's never stop learning!
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It's a challenging reality. How can we foster a high degree of meritocracy within our organization?
이 백서에서는 생의학 이미지에 대한 개방형 연구 질문에 답할 수 있는 비전 언어 대화 도우미를 훈련하기 위한 비용 효율적인 접근 방식을 제안합니다. 핵심 아이디어는 PubMed Central에서 추출한 대규모의 광범위한 생의학 그림 캡션 데이터 세트를 활용하고, GPT-4를 사용하여 캡션의 개방형 명령어 데이터를 자가 학습한 다음, 새로운 커리큘럼 학습 방법을 사용하여 대규모 일반 도메인 비전 언어 모델을 미세 조정하는 것입니다. 구체적으로 이 모델은 먼저 그림-캡션 쌍을 그대로 사용하여 생물의학 어휘를 정렬하는 방법을 학습한 다음, 일반인이 생물의학 지식을 점진적으로 습득하는 방식을 광범위하게 모방하여 GPT-4에서 생성된 지시-추종 데이터를 사용하여 개방형 대화 의미를 마스터하는 방법을 학습합니다. 이를 통해 바이오의학을 위한 대규모 언어 및 비전 어시스턴트(LLaVA-Med)를 15시간 이내에 훈련할 수 있습니다(8개의 A100 사용). LLaVA-Med는 뛰어난 멀티모달 대화 능력을 보여주며 개방형 지시에 따라 생물의학 이미지에 대한 문의를 지원할 수 있습니다. 세 가지 표준 생의학 시각적 질문 답변 데이터 세트에서 LLaVA-Med는 특정 지표에서 이전의 감독형 최첨단 기술보다 뛰어난 성능을 보였습니다. 유니티는 생물의학 멀티모달 연구를 촉진하기 위해 지침에 따른 데이터와 LLaVA-Med 모델을 공개할 예정입니다.

https://arxiv.org/abs/2306.00890
Altimeter Capital의 Vivek Goyal이 보고 있는 미래의 AI 서비스들: Personal Assistant, Digital companion, Therapy / coaching, Research Assistant, Personalized education, Content generation, Travel companion

https://medium.com/@goyalv89/ai-agents-next-frontier-to-access-the-web-482ff25f7062
디스커버리형 커머스 (핀둬둬, 바이트댄스) 또한 AI가 만들어낸 작품인데, 이 시대에서는 어떤 통용되는 BM이 등장할 것인가. 참고로 이 글은 2020년도 글.

https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86
Maybe this ideal could be achieved within few years.
⭐️ 프로덕트보다 잘 팔리는 팀? 비캔 김우진 대표님의 3년차 비법

오늘은 #비즈니스캔버스 의 세번째 생일이다.
처음 김우진님을 만났을 때, 몸이 5개인듯 열정적인 모습은 멋있었지만, 과연 저런 방식이 지속가능할꺄?라는 생각이 들었다. 그러나 1년 전의 지금 그리고 3년 전의 모습이 똑같다. 비캔의 생일을 맞아 우진님을 포함한 우리 팀의 에너제틱한 태도가 지속가능한 이유를 생각해봤다.

1) 작은 일에도 쉽게 설레하고 기뻐함😆
최근 우리 팀에 합류한 사람은 우리 팀의 슬랙에 이모지와 느낌표가 과도하다고 말하는데 그만큼 작은 성취와 발견에도 소녀처럼 함께 기뻐하고 즐거워한다.

2) 안 되는 거에는 쉽게 슬퍼하지 않음🧐
사실 기존의 제품을 피봇하고 새로운 제품을 만드는 결정은 보통 무겁고 암울한 과정이지만 비캔에서 기존 제품의 문제점을 분석하고 새로운 제품을 0에서부터 아이데이션하는 과정은 흥미진진했다. 안 되는 건 빠르게 인정하고 '될 거'에 집중했다.

3) 몰랐던 것을 새롭게 알게 되는 거에 전혀 부끄러워하지 않음 🥸
시장에서 이름이 알려지고, 내부에서도 대표라는 직책을 갖고 있지만 우진님은 몰랐던 사실을 알게 되는 것에 대해 전혀 거리낌이 없다. '몰랐던' 것이 아니라 새로운 걸 '배웠다는' 것에 대해 진심으로 즐거워한다.

스타트업을 고객으로 만나며 좋은 제품이 있지만, 팀 빌딩을 어려워하는 팀이 많다는 사실이 신기했다. 보통 반대일 거라고 생각했다. 하지만 비캔은 팀 자체가 타입드, 타입드 파이낸스, 리캐치와 함께 잘 팔리는 하나의 프로덕트처럼 느껴진다. 이렇게 비캔의 팀이 특별한 이유는 민승님이 주도하시는 비캔의 팀 컬쳐 덕분인 것 같다!
전종현의 인사이트
디스커버리형 커머스 (핀둬둬, 바이트댄스) 또한 AI가 만들어낸 작품인데, 이 시대에서는 어떤 통용되는 BM이 등장할 것인가. 참고로 이 글은 2020년도 글. https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86

Browsing commerce: 쇼핑하러 간 경험을 집에서 생생하게.

Discovery: Current search-based models work for electronics and books, but not so much for apparel or home décor where users seek an element of inspiration and discovery. Users express their desire for discovery on platforms such as Pinterest and Instagram Explore instead.
Fun: Shopping malls offer various entertainment options such as movies, gaming, eating, social gathering etc. which are missing in current models.
Social: Most of our purchase decisions are driven by recommendations from our friends and family but current e-commerce models do not offer ways to integrate those recommendations.
Personalization: Though our Google search results and Facebook newsfeed are highly personalized, our Amazon homepage is still generic.

Key characteristics of players in browsing e-commerce

The KPIs required to win in the search based e-commerce and browsing e-commerce models are different. While Amazon might be laser focused on 1) delivery time 2) SKU count 3) conversion; PDD might be laser focused on 1) user engagement 2) churn 3) SKU count. Amazon doesn’t look like making an effort to increase engagement on its app, whereas PDD is optimizing for high DAU/ MAU and time spent.

Platforms that can combine both entertainment and e-commerce will win this category. As proven in China, entertainment could be in the form of social network, live streaming, user videos, product build videos or influencer content. On the e-commerce side, categories such as apparel, home products or electronic accessories should be relevant. SKUs that are low intent, low price and non-branded would be more likely to succeed.
Continuous Learning_Startup & Investment
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86 Browsing commerce: 쇼핑하러 간 경험을 집에서 생생하게. Discovery: Current search-based models work for electronics and books, but not so much for apparel or home décor where users…
Over the past three years, Pinduoduo (PDD) has experienced significant success, becoming one of China's largest e-commerce platforms. The company's success can be attributed to several key factors, including its unique business model, growth strategy, and expansion efforts.****Business Model****Pinduoduo operates on a marketplace business model, matching buyers with suppliers on its platform and earning revenue from online marketing services, transaction services, and merchandise sales**[2](https://productmint.com/pinduoduo-business-model-how-does-pinduoduo-make-money/)**. The platform's success is largely due to its group buying feature, which allows users to form groups and purchase items at low prices**[7](https://appscrip.com/blog/pinduoduo-business-model/)**. This model has proven to be highly effective, with Pinduoduo registering staggering growth rates, even faster than established counterparts like Alibaba and JD.com**[7](https://appscrip.com/blog/pinduoduo-business-model/)**.
Growth Strategy in China**Pinduoduo's growth strategy has focused on offering group deals, similar to Groupon, where users can form groups and get deals of up to 90% cheaper on a wide range of products**[4](https://kickstartsidehustle.com/pinduoduo-growth-strategy-0-to-60b-valuation-in-3-years/). The company has also integrated social media platforms into its strategy, encouraging users to share products with their networks, effectively lowering customer acquisition costs**[12](https://thestrategystory.com/2021/05/13/pinduoduo-business-model-strategy/)**. Additionally, Pinduoduo has targeted lower-tier cities in China, offering discount products and capitalizing on the initial growth spurt to expand into other product categories**[6](https://www.fool.com/investing/2023/05/30/is-it-too-late-to-buy-pinduoduo-pdd-stock/)**.
Expansion in the US**In September 2022, Pinduoduo launched its US online shopping site, Temu, marking its first major push overseas**[3](https://www.cnbc.com/2022/09/02/chinas-e-commerce-giant-pinduoduo-launches-us-shopping-site-temu.html). This expansion could potentially challenge US e-commerce leader Amazon and provide new growth opportunities for Pinduoduo. However, it's important to note that the company may face challenges in the US market, such as increased competition and the need for significant marketing, R&D, and logistics investments**[9](https://seekingalpha.com/article/4545385-pinduoduo-agtech-global-ambitions-long-term-growth)**.
Future Success**While Pinduoduo has experienced impressive growth in recent years, its future success will depend on several factors. The company is investing in agriculture technology in China and expanding into the US to drive growth**[9](https://seekingalpha.com/article/4545385-pinduoduo-agtech-global-ambitions-long-term-growth). Additionally, Pinduoduo has started turning a profit, with its first-ever profitable quarter reported in August 2021**[2](https://productmint.com/pinduoduo-business-model-how-does-pinduoduo-make-money/)**. Analysts expect the company's operating margin to expand and its net income to surge by 57% in 2022**[11](https://www.fool.com/investing/2022/04/19/4-green-flags-for-pinduoduos-future/)**.However, it's important to consider the potential challenges Pinduoduo may face, such as China's regulatory environment, rising interest rates, and the need for continued innovation to stay ahead of competitors**[6](https://www.fool.com/investing/2023/05/30/is-it-too-late-to-buy-pinduoduo-pdd-stock/)**. While it's difficult to predict with certainty whether Pinduoduo will continue to succeed in the market, its unique business model, growth strategy, and expansion efforts provide a strong foundation for potential future success.

### Temu's Performance in the US

Since its launch in September 2022, Pinduoduo's US online shopping site, Temu, has experienced significant growth. In May 2023, Temu had over 100 million active users in the United States

[3](https://www.businessofapps.com/data/temu-statistics/)
Continuous Learning_Startup & Investment
https://medium.com/@goyalv89/browsing-e-commerce-an-untapped-250b-opportunity-d793e8556f86 Browsing commerce: 쇼핑하러 간 경험을 집에서 생생하게. Discovery: Current search-based models work for electronics and books, but not so much for apparel or home décor where users…
. According to Sensor Tower, Temu ranked among the top 10 shopping apps in the country

[1](https://www.modernretail.co/technology/pinduoduos-u-s-app-temu-is-growing-but-it-faces-a-tough-road-ahead/)

. In the week leading up to February 5, 2023, Temu recorded a gross merchandise volume exceeding $50 million

[13](https://www.scmp.com/tech/big-tech/article/3210831/chinese-firm-pdds-temu-budget-shopping-app-sees-surge-weekly-us-sales-ahead-biggest-campaign-during)

.Temu's aggressive customer acquisition strategy in the United States and Canada has contributed to its rapid growth

[2](https://thelowdown.momentum.asia/new-report-will-pinduoduos-temu-dethrone-amazon-in-us-market/)

. The company has reportedly set aside billions of dollars for marketing

[2](https://thelowdown.momentum.asia/new-report-will-pinduoduos-temu-dethrone-amazon-in-us-market/)

. In February 2023, Temu made a splash at the Super Bowl, the most-watched television event in the United States, with a 30-second advertisement noscriptd "Shop Like a Billionaire"

[6](https://www.chinadaily.com.cn/a/202302/14/WS63eadecca31057c47ebae977.html)

.Despite its early success, Temu faces challenges in the US market, such as intense competition and high marketing expenses

[12](https://seekingalpha.com/article/4548747-pinduoduo-finds-early-success-in-us-e-commerce-now-comes-the-hard-part)

. The company has been spending heavily on high-profile ads to grow its customer base, losing an average of $30 on each order placed on its site, primarily by subsidizing the cost of international shipping

[8](https://www.theinformation.com/briefings/temu-takes-on-heavy-losses-to-win-u-s-customers)

. Temu's future growth will depend on its ability to unlock new consumer discretionary demand and take shares from brick-and-mortar spend or other recreational household budgets

[5](https://seekingalpha.com/article/4588874-how-big-can-pdd-holdings-temu-get)

.In conclusion, Temu has achieved notable growth in the US market since its launch. However, it faces challenges such as competition and high marketing expenses. Its future success will depend on its ability to continue attracting customers and effectively compete with established e-commerce giants like Amazon.
Neko Health, a healthcare startup co-founded by Spotify CEO Daniel Ek, has raised $65.4 million in a Series A funding round led by venture capital firm Lakestar, with participation from General Catalyst and Atomico2. The company, founded in 2018 and based in Stockholm, Sweden, focuses on proactive healthcare and offers a body scan that collects 50 million health data points using more than 70 sensors in about 10 minutes, followed by a physician visit2 4 .Neko Health aims to revolutionize healthcare pathways and processes by using artificial intelligence and sensor technology to develop a healthcare system that emphasizes patient care and disease prevention4 7. The company provides services such as body scans, skin scans, and cardiovascular examinations to detect and prevent serious illnesses4. The funding will be used to expand Neko Health's reach outside of Sweden and invest in research and development, clinical trials, and recruitment11. Notable investors joining the company's board include Skype co-founder Niklas Zennstrom and Klaus Hommels, founder of the venture capital firm Lakestar5.Neko Health's first medical center, which opened in Stockholm in February 2023, was fully booked within two hours, and 5,000 people were placed on a waiting list8. The company plans to use the funding to expand its services beyond its initial facility10.