Vanessa Barboni Hallik

Worth checking out for any companies at the right stage.

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Thrilled to announce BBG Ventures second institutional fund – a $60M early-stage fund backing overlooked founders who are building for the Polycultural Future of America. Thanks Emma Hinchliffe at Fortune for sharing the news: https://lnkd.in/gSwqpHpq We’ve spent the last few years observing the passage of the country from a monoculture to one where women were a bigger part of the story, to today - where identity and lived experience matter more than ever. We call this the Polyculture – a new status quo in which America is a mosaic of unique segments; where identity is multivariate and dynamic; and where individuals can identify with multiple communities at once. I began using this term over 2 years ago, as a cross-culture kid myself: the child of Indian immigrants, growing up in rural Australia - and now an immigrant in America. We wondered - how do Americans perceive identity, and how does that drive their most fundamental needs? We conducted research with +2000 Americans across equal cross sections of race, gender, age and income. Here’s what we found: 1. We have surprisingly common priorities, needs and concerns despite our unique identities. 2. The biggest areas of the economy are still on the table, with Americans highlighting huge areas of opportunity in health, work, financial security, climate safety, and the underserved. 3. But we need new, more nuanced-solutions and personalization considering the emerging majority minority generation, an aging population, widening wealth gaps and continued differences along gender lines. To that end, we’ve officially expanded our mandate to embrace this evolution, backing underestimated founders – female or diverse – addressing the biggest pain points for our polycultural population. Read the full report here: The Mind of Polycultural America - https://lnkd.in/gdtiFE7v We’re proud to partner with new LPs including Fairview Capital, Pivotal Ventures, The California Endowment in addition to our many returning partners like Illumen Capital, George Kaiser Family Foundation who believe as we do: when you make change, you make money. If you’re an early-stage founder working to move the world forward in health, work, financial security, climate safety or for the underserved - in B2B or B2C - we want to talk to you. Susan Lyne Claire Biernacki Drew Silverman Fennessy Carol Magalhães Isaacs, CFA Addison B. Marsh, Jr.

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An insightful Podcast Interview with Sam Altman on the Future of AI In an in-depth conversation on a recent tech podcast, Sam Altman, the visionary leader of OpenAI, provided detailed insights into the development and impact of artificial intelligence, particularly with the upcoming release of GPT-5. Innovative Release Strategies. Altman revealed that the launch of GPT-5 might differ from previous models, with a phased rollout to manage the integration of new features more smoothly and ensure robust security measures are in place. Broadening Accessibility: He emphasized OpenAI's commitment to expanding access to AI technologies. Altman discussed plans to bridge the gap between paid and free users, ensuring that advancements in AI are not just exclusive but benefit a wider audience. Impact of Open Source on AI: Altman praised the open-source community for its critical role in accelerating AI technology and making it more accessible. He underscored the potential of open-source efforts to lead to significant breakthroughs in AI functionality. Economic and Ethical Considerations: The conversation also touched on the potential economic disruptions due to AI advancements. Sam stressed the importance of preparing for changes in the job market and discussed the ethical considerations necessary to guide responsible AI development. This podcast is a must-listen for anyone in the tech industry, from developers to executives, offering a deeper understanding of the strategic decisions behind AI developments and their broader implications. https://lnkd.in/def6F-Mb

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