Post on 22-Jan-2018
TOMASZ TUNGUZREDPOINT VENTURES
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AI: The New Platform for
SaaS
434 $4B 136
Funded AUM IPO + M&A
REDPOINT: SEED, EARLY, GROWTH
REDPOINT / SAAS BUSINESSES
MACHINE LEARNINGthe next major platform for startups
MACHINE LEARNING IS
EVERYWHERE
What is Machine Learning, really?
MACHINE
LEARNING
FINDS
PATTERNS
IN DATA
OPTIMIZEif you take 101, you’ll arrive at the Pearl 15 minutes
faster than 280
IDENTIFY OBJECTSthis photograph you took is an image of a cat
FIND ANOMALIESyour credit card bought a $10,000 piano yesterday
SEGMENTyou love to play FarmVille; you’re a whale for Zynga
WHY ALL THE
RECENT BUZZ
ABOUT ML?
COMPUTE DATAALGORITHM
S
DEEP LEARNING / NEURAL NETWORKS
FEATURE SELECTION
MODEL TUNING
DEEP LEARNING “AUTOMATES” BOTH
PROCESSES
Wavenet synthesizes speech from text that is
nearly indistinguishable from human speech.
September 8, 2016
Microsoft researchers reach human parity in
conversational speech recognition
October 18, 2016
Google achieves zero-shot machine translation.
November 22, 2016
COMMERCIA
LIZATION
WORKFLOW
INSURANCE
LOGISTICS
CONSTRUCTION
MEDICINE
AGRICULTURE
ML OPENS THE DOOR TO DISRUPT
NEW INDUSTRIES
HUGE POTENTIAL FOR
INNOVATION
INVESTMENT STRATEGY
1. Proprietary access to data
2. End to end applications,
not platforms
3. Strong GTM enabled by
ML
4. Experts in the field
5. Potential algorithmic
advances
OUR MACHINE LEARNING PORTFOLIO TO DATE