Episode 54 is with Phillip Gales, CEO and Founder of inate.ai!
Holding a Masters degree in Engineering from the University of Cambridge and an MBA from Harvard, Phillip is a serial entrepreneur focussed on applying machine learning algorithms to financial portfolio optimization.
Inate.ai automates the analysis of growth stage start-ups, using artificial intelligence to facilitate venture capital due diligence. It plugs into the common tools that startups use, seamlessly merges that data, applies AI algorithms that have been trained by subject matter experts and provides clear, actionable insights, warnings and suggestions.
We talk to Phillip about his journey from the oil and gas industry to tech start-ups. He details the importance of incubators such as Y-Combinator and the DMZ, growing companies with data-driven insights, and the current state of Venture Capital.
This was an incredibly loaded conversation with so many insightful learnings, that we hope you enjoy!
Timestamps
4:00 - Journey from Engineering to Tech Start-Ups
10:30 - How to Use Data for Useful Insights
14:55 - The Business Model of a VC
21:47 - What is Product-Market Fit?
26:40 - How to Connect with Potential Investors/VC’s
35:50 - Accurately Evaluating Start-Ups
36:54 - How Is inate.ai Helping Founders & Start-Ups
44:00 - Lightning Round
