Channel Title: Wayne Hu Channel Description: Are you a startup founder or entrepreneur, or interested in how the future of technology with evolve? I make new videos every week about technology platform shifts, venture investing, and topics relevant to launching your business. I’m a Silicon Valley based venture capitalist at multi-billion dollar fund SignalFire, and an investor in companies such as Uber, Ro, Grammarly, and others. I spent years bouncing between stints at Google, McKinsey, Goldman Sachs, and Harvard Business School, but grateful that this path finally led me to my dream job as a VC. I was raised by parents from a farming village in Taiwan, who left everything behind to become engineers in America and build a better life for their kids. I’m inspired by a world with no gatekeepers, and my personal mission is to raise the collective level of empathy in the world. Today, I do this by investing in early-stage startups that are breaking down the barriers to a more connected, open and educated society. <video> How to Break Into Venture Capital: Insider Secrets You Need to Know! Description: This is my most highly requested video topic! It’s not always this glamorous, but I think being a VC is an incredible job. You’re spending your time looking for the next Google or Facebook, and in the process, you’re getting paid to meet and learn from incredible entrepreneurs who are building the future in the present. But becoming a venture capitalist is maybe the most difficult career path I know. The reality is there’s probably only 100-200 VCs in the world who work at one of the major VC funds and have returned ANY serious money to their own investors. But breaking into VC can be done, and my mission is to demystify this for outsiders. In this video I’m gonna give you the inside scoop on how I broke into venture capital at the famed Kleriner Perkins which invested in companies like Google, Amazon, and Twitter, and how I become a general partner at SignalFire, one of the fastest growing silicon valley funds in history. </video> <video> Google vs Microsoft: Who Will Win the Future of Search? Description: Microsoft CEO Satya Nadella openly declared war on Google with the new Bing search powered by ChatGPT4, the revolutionary technology developed by OpenAI. In response, Google issued a code red and launched Bard. But why should Google be worried? After all, it has the best AI talent, near-infinite money, and built-in distribution to billions of people. There’s maybe no single company that’s more synonymous with the internet than Google, and no one has come even close to challenging their dominance in search where they own more than 90% market share. Well the answer might surprise you. It turns out ChatGPT might be just the FIRST attack in a series of deadly sieges against Google's once impenetrable fortress. Beneath the product and press releases there’s some genius chess moves already starting to play out between these trillion dollar companies in a winner take all / high stakes game to create AND own the future of artificial intelligence and search #chatgpt #gpt4 #googlebard #microsoftbing </video> <video> Warning Signs: Is the AI Startup Bubble Ready to Pop? Description: We’re just now starting to see the first signs of the AI hype subsiding. Recently, two of the highest flying generative AI startups Jasper and Mutiny started laying off employees. Jasper, which was probably the single biggest success story for a company built on top of ChatGPT, saw massive churn in their customers, apparently cutting their revenue in half from a high of 150M to 75M. News also came out that ChatGPT saw its monthly traffic and users decline for the first time, and visits to Character.AI the second most popular chatbot, has dropped 35%. That’s led many experts to say this is a sign the chatbot's novelty wearing off. And to top it off, the maker of ChatGPT OpenAI is now being investigated by the FTC for potentially violating consumer protection laws. So is this the beginning of the end for what some have called the biggest bubble of all time, or just a temporary lull in the AI revolution to come? Let’s figure out what’s actually going on here. </video> <video> 10 MINDBLOWING Artificial Intelligence Examples You Never Knew Were Possible Description: The AI world has been turned upside down by the emergence of transformer modelss, implemented by companies like OpenAI to create GPT3 / GPT4 and ChatGPT, and new generative image and voice technologies like Dall-E, MidJourney, and Stable Diffusion. In this video, I’m going to be picking out the top 10 mind blowing examples of artificial intelligence as part of the generative AI renaissance we’re seeing right now. This includes: AI art, AI video creation tools, AI generative worlds for VR, AI gaming, AI productivity tools and hacks, AI avatars, ChatGPT, deepfake video, deepfake audio, and AI strategy game bots #generativeart #generativeai #chatgpt #openai #stablediffusion #top10 </video> <video> Inside the CRAZY Final Hours of SVB's Bank Run Description: In this video, I'll take you inside the dramatic final hours of the SVB Silicon Valley Bank run. Silicon Valley Bank was the most important financial institution for the biggest innovation hub in the world, and its failing was an extinction level threat. I'll give going to give a real-time narration of what the bank run was like in the middle of it as a venture capitalist in Silicon Valley, trying to triage and work through it with dozens of startups. The government later stepped in (taxpayer-free, thankfully, as crazy as that sounds) to guarantee deposits. If you liked it, check out this video on the surprising reason that made this bank run bigger and faster than any that came before: Who Killed Silicon Valley Bank: https://www.youtube.com/watch?v=_tXGweezE04&t=333s Subscribe: https://www.youtube.com/channel/UCYeT4RmQZ-qT9lpMWELshkA/"Sub_Confirmation=1" </video> <video> Who Will Win the Artificial Intelligence Arms Race? Google Bard vs OpenAI ChatGPT vs Microsoft Bing Description: The battle for AI is heating up, and at stake is a godlike power. OpenAI’s revolutionary GPT4 launch brings us one step closer to AGI. Microsoft declared war on Google with its Bing search ChatGPT launch, pulling away millions of users, forcing Google to respond by launching Bard. Amazon and Meta both revealed their own large language AI models. OpenAI also cut the price of its ChatGPT API by 90%, and locked up partnerships left and right. And a thousand other startups have exploded onto the scene hoping to get a piece of the action. Even Elon is entering the ring. AI can now pass the US medical licensing exam, and Google Coding Interview for a Level 3 Engineer With a $183K Salary. But it can lie to you very convincingly, even tell you to divorce your wife, or worse still, help invent a new biological weapon of mass destruction. And although AI will NOT become sentient and kill us terminator style, it does have the potential to takeover millions of jobs it can do better than people, and if it becomes powerful enough, even become an arbiter of truth that has the power to rewrite history. In short, AI is the world’s next great superpower, for better or for worse. It’s Like an information nuclear weapon, and whoever owns the launch codes will take over the world. So who will ultimately win the war for AI? The race for AI supremacy is on, and whoever emerges victorious may well plot our future for decades to come. AI products like ChatGPT have reached 100 million users in a few months, faster than any product in history. So AI could be bigger than any tech movement that's come before, more on the scale of something like the Industrial Revolution that changed the course of human history. That’s why so many companies are investing billions into this area, even before they’ve made any money. AI is becoming the new semiconductor industry that gave Silicon Valley its name. Companies like Intel invested billions every year in a new fab facility to manufacture its latest generation chip. You had the 1st generation x86 microprocessor, then second generation and so forth. And today, we’ve realized that if you give models 1000 times more data, you can produce something truly remarkable like ChatGPT or MidJourney. So everyone is spending billions to try to ingest yet 1000 more data - and you see companies like OpenAI doing this and then producing new generations GPT1, then GPT2 to GPT4 and so forth over time. Instead of billions being spent on manufacturing facilities for chips, they are being spent on data and data labeling in this arms race to release the next better computing model. And while Google, Apple, Facebook and others have had an unassailable monopoly for more than a decade, platform shifts like AI present a once in a lifetime opportunity to leapfrog other companies. IBM made all its money on selling computers to companies and was happy to outsource the original micro-computer PC chip and operating system to Intel and Microsoft, until they came to dominate the market. Apple was all but shut out in the PC market, but ended up dominating mobile with the advent of the iPhone. The personal computer IBM and giving rise to massive companies like Amazon and Google. So how will the chips fall this time with AI? If proprietary data will be key to winning the AI race in the long run, maybe the most interesting dark horse is Quora Poe. ChatGPT has stormed to unprecedented usage by offering a way to ask questions and have direct responses. This is exactly what Quora has been doing since 2009. Snapchat is even getting in on the action, launching a chatbot powered by ChatGPT called “My AI” as a pin within the app’s chat tab above conversations with friends. It’s initially a fast, mobile-friendly version of ChatGPT inside Snap, except the company’s trained to adhere to Snap’s specific trust and safety guidelines and not give responses that include swearing, violence, or other explicit content. It’s also been modified to decline answering homework related questions, which is functionality that has already gotten ChatGPT banned in some schools It’s possible when all’s said and done, the biggest winners may actually be the chipmakers Nvidia and TSMC who power all these tech giants building models on top of their infrastructure. Watch the video to find out more! #aiarmsrace #artificialintelligence #googlebard #chatgpt #openai </video> <video> How to Make the Most Money Possible in 2 Hours (Stanford Experiment) Description: Here’s the single most important lesson you can learn as a new investor just starting your career, based on a Stanford challenge to make the most money possible in 2 hours </video> <video> What it's ACTUALLY like being a Venture Capitalist Description: I’ve been a venture capitalist for about a decade now starting off as an intern at the storied fund Kleiner Perkins, which led the earliest rounds of funding for iconic companies such as Google, Amazon, Genentech, and more. People think of VCs as either all-knowing savants that have a crystal ball into the future of tech or as capitalist blowhards that just try to pump themselves up. Whatever you believe, one thing IS for sure, it’s a super secretive industry that has outsized influence in financing the most legendary tech companies. Sadly, there aren’t any videos online that share what it's really like being a VC, good and bad, from inside the industry. So in this video, I’m going to share the 7 biggest secrets and surprises about being a VC in Silicon Valley </video> <video> 5 Biggest Regrets of Harvard Graduates Description: This past summer was my 10 year reunion at Harvard Business School. I wanted to make a video because this is basically the perfect window into how the lives of Harvard graduates are panning out. And people were so forthright about all the challenges they’ve faced - you might think please what do Harvard grads have to complain about, but what they had to say was honestly really surprising. So Here’s the 5 unexpected lessons from Harvard Graduates, 10 years later. </video> <video> The Next BILLION Dollar Business to Start with ChatGPT Description: What's the next billion dollar business that you can build on top of ChatGPT? We’re seeing a rush of developers create gimmicky, thin UI layers wrapped around ChatGPT that have limited staying power. And this is literally what other Youtube videos are recommending. Don’t get me wrong, if you want to try to make a quick buck or a small lifestyle business that’s one of thousands, there’s nothing wrong with that. But if you really want to take a big swing to change the world, it’s not by rushing to pan the same river for gold as everyone else - it’s by going where no else will dare venture. As the legendary Peter Thiel likes to say: Competition is for losers. And with this new AI technology comes the opportunity of a lifetime. Historically, the biggest trillion dollar companies have always been built on top of new technology platform shifts. The rise of broadband internet spawned Google and Amazon, the rise of mobile led to Uber. I’m a venture capitalist at SignalFire and formerly Keliner Perkins, funds that have invested in companies like Google, Amazon, and more recently Grammarly, Ro, and others. Here’s my take on what can be the next Google-scale opportunity, building on top of the AI gold rush happening right now. </video> <video> Becoming Sam Altman: The OpenAI Story Description: How did Sam Altman, the CEO of OpenAI - arguably the most important company in silicon valley - get usurped overnight? OpenAI was leading the world in AI advancements, worth almost 90 billion dollars. And yet in just one chaotic weekend, saw that evaporate as almost every employee threatened to quit. It was perhaps the fastest destruction of shareholder value in history. In the most shocking news in Silicon Valley since Steve Jobs was fired by Apple in 1985, Sam Altman was ousted by the board of OpenAI just days after its first wildly successful developer conference. And just like how Steve Jobs then started his own company before eventually making a triumphant return to Apple in 1997, Sam already had talks with investors in a new AI company, before being reinstated as the CEO of OpenAI. Only unlike Apple which took a decade to bring Steve back, OpenAI’s board took less than 24 hours to consider reversing its decision, in a wild few days that’s pitted the Silicon Valley illuminati against each other: everyone from the feuding openAI key researchers and cofounders, board members tied to effective altruism, the most powerful investors in the world with huge stakes in OpenAI, and the second biggest corporation in the world in Microsoft who has become perhaps the most aggressive player in the AI arms race. The end result has been the resignation of the very OpenAI board that initiated this whole thing… It has been called a failed coup of epic proportions. But how did we get here, and how did OpenAI mess up so badly? </video> <video> Becoming Sam Bankman-Fried: The Complete Documentary Description: The highly anticipated criminal trial and sentencing for Sam Bankman-Fried is kicking off, with Sam facing 7 counts that could net him a life sentence. But how did we get here? And what led this privileged silicon valley geek to become arguably the greatest fraud of all time? In probably the craziest rise and fall of all time, The 31-year-old built FTX into A company that everyone believed would usher in the future of crypto and change the world, worth $32 billion dollars in just a few short years, but then even more quickly went bankrupt virtually overnight, amidst discoveries of massive fraud and scandal. Sam was crypto’s real life “white knight” - even using his wealth to bail out other crypto companies, all while promising to donate 99% of his money to charity, and becoming the poster boy of responsible crypto investing. New: He graced the covers of time magazine, became one of the most influential lobbyists in Congress, and rubbed shoulders with the likes of Tom Brady and Bill Clinton in the Bahamas where he lived like royalty. Now with billions of consumer’s dollars completely wiped out and many thousands of lives ruined,.Sam has become the very embodiment of crypto abuse and bad behavior that he said he was campaigning against. </video> <video> Unlock Your Dream Tech Startup Job: The Complete Guide Description: If you’re looking to break into the tech startup world, or one of the thousands of tech employees affected by layoffs and looking for a new job, this is the video for you. We’re going to go step by step through what you should be doing to land that tech job of your dreams. I’m a venture capitalist trained at some of the biggest funds in Silicon Valley and before that worked at Google and venture capital backed startups. But I wasn’t always an insider; I was raised in the midwest by parents from a farming family in rural Taiwan. My personal goal is to demystify the opaque hiring process in tech, and to help amazing people find their place within tech’s vibrant but complex ecosystem. And to my surprise, there’s not actually any videos on Youtube that outlines this process end to end. </video> <video> I Left My Dream Job at Mckinsey: Here's Why Description: In my first week on a new engagement at McKinsey, I’m putting together a powerpoint presentation for a client kickoff, and my new manager comes in and asks to take a look at what I’m working on. He takes a look at the first slide, starts flipping through the rest of it, and says “we don’t use font sizes bigger than 10 here at McKinsey. Reduce the sizes of all the fonts, and figure out some way to fill the empty space left on the slides to look nice” and then he left the room. I thought it was a joke, but this dude was deadly serious. Thankfully that guy did not make it at McKinsey; he was a caricature of all the things people detest about McKinsey consultants. And while not everyone at McKinsey is like that, it IS a reflection of how much consultants agonize all of their energy just thinking about how to communicate something, down to cosmetics of a font size, which is really frustrating for people who like to actually just get stuff done. But that’s NOT actually the reason I quit. McKinsey is perennially ranked the #1 consulting firm in the world, one of the most well run and presitigous companies to work with a less than 1% acceptance rate - much lower than getting into Harvard - and in fact, one of THE top choices to work for people who attend Harvard. BUT I actually think it’s not for everyone, probably not for most people, and I’m going to share some of the soft underbelly of what it’s like to work there by talking about the top 7 reasons I quit McKinsey. </video> <video> #1 Most Valuable Lesson I Learned at Harvard Business School: How to Avoid Regret Description: It turns out 70 percent of people have career regret, which is just an astronomical number. But it doesn't need to be that way. There’s never been a better time to have a self-determined job process where you ultimately control the dimensions of the work you do. I’ve been through my own sideways journey for almost 10 years, going from Goldman Sachs banking to McKinsey consulting to big tech at Google. I ultimately went to Harvard Business School because I wanted to broaden my aperture. And when I was there, I met a professor who shared a framework for what to solve for in your career to be happy and fulfilled. And since then, I’ve followed that advice, and settled into the startup and venture capital world about 10 years ago, and it’s been my dream job since. So in this video I’m going to share that advice which has changed my life, and hopefully will help you also find your career sweet spot, and avoid being in the 70 percent who have major regrets in their career. </video>

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Are you a startup founder or entrepreneur, or interested in how the future of technology with evolve? I make new videos every week about technology platform shifts, venture investing, and topics relevant to launching your business.

I’m a Silicon Valley based venture capitalist at multi-billion dollar fund SignalFire, and an investor in companies such as Uber, Ro, Grammarly, and others. I spent years bouncing between stints at Google, McKinsey, Goldman Sachs, and Harvard Business School, but grateful that this path finally led me to my dream job as a VC.

I was raised by parents from a farming village in Taiwan, who left everything behind to become engineers in America and build a better life for their kids. I’m inspired by a world with no gatekeepers, and my personal mission is to raise the collective level of empathy in the world. Today, I do this by investing in early-stage startups that are breaking down the barriers to a more connected, open and educated society.

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