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AI Stories

Artificial Intelligence, Machine Learning, Data Science and Deep Learning are completely changing the world we live in today. Companies around the world start to make sensible use of big data to influence business decisions and create our future. From video recommendations to autonomous driving, from stock prediction to weather forecasting, the AI revolution is everywhere. The AI stories podcast brings together some of the best Data Scientists, Machine Learning Engineers, Business leaders and researchers that are at the front of this revolution. They are here to talk about their career, how they arrive where they are, give advice and share their vision. They explain how they make use of AI in their daily routine, how they use algorithms to solve business problems and make the world a better place. They are here to share their stories: their AI stories. Hosted by Neil Leiser, Data Scientist at Iwoca. Follow Neil to learn more about career, Data Science, AI and Machine Learning. Linkedin: https://www.linkedin.com/in/leiserneil/ Twitter: https://twitter.com/LeiserNeil

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AI Stories

Building AI Startups & Raising Funds with Ryan Shannon #41

January 29, 2024 • Neil Leiser • Season 3 • Episode 7

Our guest today is Ryan Shannon, AI Investor at Radical Ventures, a world-known venture capital firm investing exclusively in AI. Radical's portfolio includes hot startups like Cohere, Covariant, V7 and many more.

In our conversation, we talk about how to start an AI company & what makes a good founding team. Ryan also explains what he and Radical look for when investing and how they help their portfolio after the investment. We finally chat about some cool AI Startups like Twelve Labs and get Ryan’s predictions on hot startups in 2024.

If you enjoyed the episode, please leave a 5 star review and subscribe to the AI Stories Youtube channel.

Link to Train in Data courses (use the code AISTORIES to get a 10% discount): https://www.trainindata.com/courses?affcode=1218302_5n7kraba

Follow Ryan on LinkedIn: https://www.linkedin.com/in/ryan-shannon-1b3a7884/

Follow Neil on LinkedIn: https://www.linkedin.com/in/leiserneil/

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(0:00) - Intro

(2:42) - Ryan's background and journey into AI investing

(11:15) - Radical Ventures

(14:34) - How to keep up with AI breakthroughs?

(22:42) - How Ryan finds and evaluates founders to invest in

(32:54) - What makes a good founding team?

(38:57) - Ryan's role at Radical

(45:53) - How to start an AI company

(50:22) - Twelve Labs

(59:19) - Future of AI and hot startups in 2024

(1:09:48) - Career advice