00:10:29 · S10, S0
Ad[00:10:29] S10: Hi all, I'm Jae from EO. I have a quick question for you. Which is the better prompt? If you're looking to use AI to apply directly to your workflow, I would say this one does the job. This prompt was made using the five essential resources for using ChatGPT at work, a free bundle of AI resources provided by HubSpot, our amazing Parkman. The bundle has the following resources: Tips on implementing ChatGPT at Work in various professional settings The Ultimate Guide for Adopting AI at Work checklist to make sure your AI generated content feels authentic, and more! For this prompt, I used Templates for Setting Clear Guidelines, which gives simple guides to dramatically improve your prompting and results using ChatGPT. The best part is that it has over 100 prompts that you can use right away, so you don't have to start from scratch. So for anyone who's tried really hard to use the power of AI at work, give this toolkit a try. Download for free using the link. Ad[00:11:23] S0: This episode is brought to you by Google Chrome. You think you know a browser, but Gemini in Chrome? That's new. They can help you with practically anything on the web, like restoring a vintage motorcycle from a 50 page restoration block or finally break down that long article you've had open for weeks. Gemini in Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses, setup required, compatibility, and availability varies 18 plus.
00:11:23 · S0, S2, S3, S4, S5
Ad[00:11:23] S0: This episode is brought to you by Google Chrome. You think you know a browser, but Gemini in Chrome? That's new. They can help you with practically anything on the web, like restoring a vintage motorcycle from a 50 page restoration block or finally break down that long article you've had open for weeks. Gemini in Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses, setup required, compatibility, and availability varies 18 plus. Ad[00:11:48] S2: This episode is brought to you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. Ad[00:12:00] S3: It boosts your job post to Ad[00:12:01] S2: help it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a 75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now? Then this is a job for Indeed sponsored jobs. Ad[00:12:18] S4: Your sausage McMuffin with egg didn't change. Your receipt did. The sausage McMuffin with egg value meal includes a hash brown and a small coffee for just $5. Only at McDonald's for a limited time. Ad[00:12:30] S5: Price and participation may vary. Promotion pricing may be lower than meal pricing.
00:12:30 · S5, S6, S8, S10
Ad[00:12:30] S5: Price and participation may vary. Promotion pricing may be lower than meal pricing. Ad[00:12:33] S6: Sam's Club is the club for every holiday club. Guess who's joining the club this season? Walmart Plus. Yep. Sam's Club Plus membership now comes with Walmart Plus at no extra cost. Two memberships, one great price. Just a $120 a year can save you time and over $700. Wanna get in on the membership duo of the century? Visit sam'sclub.com. Come join us. Sam's Club. Ad[00:12:54] S8: Annual plan only auto renews TNC apply estimate based on average combined Walmart plus and Sam's Club plus savings among members of both for one plus year versus non member or club member pricing slash fees. Excludes membership fees. See Walmart plus terms and Sam's Club terms for more info. Ad[00:13:03] S10: Click in description and start supercharging your workflow with AI. Thanks to HubSpot for sponsoring our video. Now back to the video.
00:13:12 · Jae Lee
[00:13:12] S9: When we first started the company and we hired our first employees, they had a hard time explaining what Twelve Labs does to their parents. Really new thing, what is foundation model? What is video understanding? It's a new concept that's hard to understand for, I guess, people that are not in the space. Nowadays, talk about the foundation layer, the tooling layer and the application layer. It all... Everyone's very familiar. When we started Twelve Labs, I think technologically, it made total sense. We knew it was going to happen. But what was uncertain about it was, will the market accept? But knowing that we are at the verge of breakthrough in building an AI that can at least, you know, get to certain level of human understanding of videos. So we were betting on market's acceptance of foundation models. The founders are pretty pretty much broke, right, because we spent two years at at military, and I think we had $2,000, to start with. So barely barely enough to do anything. But figuring out what was going to be impactful that we can do given our current resources that'll put us in the map or at least, you know, let the world know that what we're doing is relevant. So our tactic here was, okay. We're gonna talk to a bunch of customers. And there were early believers in Twelve Labs who took our APIs and built awesome things with us, but we needed more exposure, basically. So as a team, we've decided, to participate in ICCV's, it's International Conference in Computer Vision. They're putting this, like, awesome competition for video understanding. So I... We talked to Aidan. We have nothing to lose and only to gain. The team was extremely supportive of of Aidan spearheading that effort with the team. All I can do to support is... You know, there were some ideas and and directional kind of feedback that I gave to Aiden, but we needed compute and we needed determination to put some serious cash behind. And back then for Twelve Labs, like, $200,000 in in compute was was a lot of money for us. Right? So and just thinking that, okay, we're gonna blow through $200,000 in ten days in compute was really scary. But the team was able to use that capital, that that precious capital, and build something incredible helped us win the competition.
00:15:26 · Jae Lee
So I think the important thing is if you're building something really impactful and you think that it's going to significantly change the industry that you're in, there will always be someone that has very similar thesis. It's just a matter of how do you get yourself out there? How do you let the people know that you you you exist? For us, that was the competition. After winning the competition, companies like Index Ventures and Radical Ventures had very strong thesis around multimodal AI. The next idea would be what's next? And video happens to be the most relatable multimodal data. These amazing companies actually came in inbound. Right? So they reached out to us, and we started jamming. The conversations turned into next conversation, and then we talked about technology, and and it just happened very serendipitously. Right? The first pitch deck, I was in Seoul, and and my first call with Index Ventures was at, like, it was, like, 03:30AM Seoul time, and we didn't have pitch deck. And we just felt like, this is our first meeting. And we we we knew nothing about fundraising then. We didn't even know this was going to be like a friendly introduction, but I just kind of felt the need to be like, oh, we don't have pitch deck. We need to build one. So I remember staying up till 3AM building it. I think the storyline was quite simple. We didn't have much to show for it. The idea was, hey. The problem that we're solving is massive. 80% of the world's data is in video, and there's no adequate solution out there or technology out there for developers and enterprises to make sense of it all. That is the market that we're
00:17:04 · S0, S1, S2, S3, S11
Ad[00:17:04] S0: This episode is brought to you by Google Chrome. You think you know a browser, but Gemini in Chrome? That's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a 50 page restoration block or finally break down that long article you've had open for weeks. Gemini in Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses, setup required, compatibility, and availability varies 18 plus. Ad[00:17:29] S1: This episode is brought to Ad[00:17:31] S2: you by Indeed. You're ready to level up your business, but the pressure to find the right person to make that happen is intense. Indeed sponsored jobs can help carry the load. Ad[00:17:41] S3: It boosts your job post to help Ad[00:17:42] S2: it reach quality talent fast. Cut through the chaos with Indeed sponsored jobs. Get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Hiring now? Then this is a job for Indeed sponsored jobs. Ad[00:17:59] S11: When you're building a company, you learn that trust is what closes deals. You may have the best product, but buyers won't sign without proof that your product is secure, especially if it has AI. Vanta gets you compliant fast with SOC two, ISO twenty seven zero zero one, and more, and keeps you secure with continuous monitoring. Hyperbound, a YC backed startup, used Vanta to unlock the Fortune 100 in under a year. Snowflake got audit ready in a month and closed a multimillion dollar deal. Trust matters. Get started at vanta.com.