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Anthropic acquires Vercept, the AI job crisis scenario, and Microsoft's past Epstein connections
Anthropic acquired Seattle startup Vercept on Wednesday, raising familiar questions about the impact of early exits on the broader Seattle startup ecosystem, and the question of whether AI startups can compete long-term against the giants of the field. We dig into the deal, the public feud between two of the company's early investors on LinkedIn, and why one co-founder's prior departure to Meta may have been worth more than the entire acquisition. Plus, a new research paper envisions a 2028 "global intelligence crisis" driven by AI-fueled white collar job losses, and we're already seeing early signs in the news. Then…
A $100k wall for talent: Tech leader and author Shirish Nadkarni on the H-1B fee and the impact of immigrants
The U.S. tech and startup community was stunned by an executive order last week imposing a $100,000 fee for employers seeking new H-1B visas for skilled foreign workers, a program heavily used by the technology industry. This move brings a longstanding debate back to the forefront: are skilled immigrants taking American jobs, or are they a vital engine for innovation and economic growth? Our guest this week has a strong point of view on this topic. Shirish Nadkarni is a serial entrepreneur and Microsoft veteran who founded companies acquired by BlackBerry and Rosetta Stone. An immigrant himself, he just released…
Leaf Logistics CEO Anshu Prasad on Applying AI to Freight and Transportation Logistics
In this episode of Founded & Funded, partner Aseem Datar talks with Leaf Logistics Co-founder and CEO Anshu Prasad. Leaf is applying AI to the complexities of the freight and transportation industry, connecting shippers, carriers, and partners to better plan, coordinate, and schedule transportation logistics. This enables network efficiencies and unlocks a forward view of tomorrow's transportation market while simultaneously reducing carbon emissions. Leaf Logistics was founded in 2017, and Madrona joined Leaf's $37 million series B in early 2022. From the beginning, Leaf has been fighting the one-load-at-a-time way that trucking has historically been conducted. The company analyzes shipping…
Tony Hsieh, Zappos, and Amazon
Tony Hsieh was a legendary entrepreneur who built Zappos and sold the online shoe retailer to Amazon for $1.2 billion in 2009. He was known for unusual experiments in management and business structure, and for pursuing long-term passions over short-term profits, as described in his 2010 book, Delivering Happiness. A new book, Happy at Any Cost: The Revolutionary Vision and Fatal Quest of Zappos CEO Tony Hsieh, tells the rest of the story of Hsieh's life, leading up to his tragic death from injuries sustained in a fire in New London, Conn., in November 2020. The book also goes behind-the-scenes…
Health Tech: A tiny gadget takes on a giant health problem
Taking a pill isn’t so hard. The tricky thing is remembering to take it. Patients not taking medication properly is a huge problem for the health industry, but these three entrepreneurs think they have a solution: A gadget that can fit in the palm of your hand. Thank you to our sponsor, Providence St. Joseph Health’s Digital and Innovation Group. Follow them at twitter.com/provinnovation. See omnystudio.com/listener for privacy information.
