Phoebe Gates wants her $185 million AI startup to succeed with ‘no ties to my privilege or my last name’
But you have no problem with the $35 million they gave you? That’s part of your privilege. You say you want to succeed without it while stuffing your pockets with it.
Well I guess as long as she has a ‘chip’ on her shoulderFUCK yeah F+G. Rarely seen in the wild.
Still… Fuck AI.
The only thing she wants is for us to be talking about it, and well here you all are …
They’re just insane, the whole lot of them.
The featured article under this is titled
Hailey Bieber and Kris Jenner back Phoebe Gates’ fashion tech startup Phia in $8 million seed round
hilarious stuff
“Child of prominent pedophile has an AI startup” is such a vibe right now.
Well, she chose AI, so she’s already failed !
Good job. It won’t succeed thanks to your privilege, because it won’t succeed at all !
“I got the VC money, not my problem anymore!”
Phoebe Cates has an AI startup??
The shopping assistant plugs into browsers like Chrome and Safari to compare prices and surface deals across tens of thousands of retail and resale sites in real time. It essentially serves as your own personal deal finder: Say you’re looking at a $200 dress from Anthropologie, Phia can find and compare prices at secondhand sellers to help customers find a better price.
Gates and Kianni first brainstormed startup ideas in their Stanford dorm room, cycling through concepts before landing on a consumer tool that included Gates’ interest in women’s empowerment (likely modeled after her own mother) and Kianni’s sustainability focus.
I don’t think a coupon tool that wastes excessive resources is either empowering or sustainable.
I’d be surprised if there’s actual AI behind it. That functionality already exists and works just fine.
I’d be surprised if a human were behind it. This is exactly the kind of thing that can be vibe coded pretty fast and is mostly just reselling fancy Google searches through an LLM. I did a quick skim of the website and it’s just a bunch of items scraped from big brands with lots of similar looking images of other products. There’s too many sites for me to really believe they’ve made integrations with all of them.
The insane valuation is because of her name not because the tech is good. The only way to make money on this is the customer data. The margin on that is going to be fucking minuscule especially once LLM costs start going up so they can make money. This adds nothing of value on top so it will go away almost immediately.
it’s a small indian man named Al.
She just wants to be treated like any other totally unqualified person whose mom gave her commencement speed and got handed 100 million dollars to start up a made up company.
That then told everyone about her company, that she doesn’t want any privilege in promoting, to her many followers.
Reading this, I was reminded of how Nicolas Cage is part of the Coppola family but changed his name, I was told, so that he could “make it on his own.”
I looked that up and it turns out to be a complete lie. He actually changed his name to conceal the fact that he was not making it on his own.
From Wikipedia:
At age 15, he tried to convince his uncle, Francis Ford Coppola, to give him a screen test, telling him “I’ll show you acting.” His outburst was met with “silence in the car.”[20] By this stage of his career, Coppola had already directed Marlon Brando, Al Pacino, Gene Hackman and Robert De Niro. Although early in his career Cage appeared in some of his uncle’s films, he changed his name to Nicolas Cage to avoid the appearance of nepotism as Coppola’s nephew. His choice of name was inspired by the Marvel Comicssuperhero Luke Cage and composer John Cage.[21][22]
But his latter movies are awesome and I love him, so I’ll let it slide.
Yeah I like him too. The only asterisk on that is that I guess I might like some other actor better who didn’t have a family “in”
how does changing his famous last name conceal that he was not making it on his own? what?
He was given roles in his uncles film because he was his nephew. The name change just swept this under the rug. He wanted to get the roles but not let anyone know he got them through favoritism.
this comment makes sense, but your original comment said something else that was genuinely confusing.
“To avoid the appearance of nepotism” sounds exactly like making it his own. You seem to have misunderstood. Are you an LLM?
The appearance of nepotism.
Nicholas Coppola got cast by his uncle, when any random 15 year old aspiring actor would never stand a chance.
He then changes his name so that other people in Hollywood will (hopefully) not say “oh he got that part because he’s Coppola’s nephew,” even if he absolutely got that job because he’s Coppola’s nephew.
I’m not disputing that he got his first few roles due to his connections, but changing his name absolutely would have distanced him from his relatives in other directors’ eyes.
absolutely would have distanced him from his relatives in other directors’ eyes.
Nah, everyone in the industry would know about this. But random people on the street wouldn’t. And that’s what it’s about when you want to be famous.
No it wouldn’t/didn’t, but it would/did to the masses.
You have misunderstood. He was in fact the beneficiary of nepotism: starting in his uncle’s films. But to keep this a secret, he changed his name. He was hiding the nepotism, not trying to avoid nepotism.
Walk a little more softly. You came off as confidently wrong there.
This is fucking worse than monarchy.
She’s going to be another super villain in ten years isn’t she
Yes, but she will have really earned it unlike the other trust fund super villains.
I hope in 10 years we find out shes secretly a cyborg and meant that litterally, the prototype chip is on (in) her shoulder.
"Entrepreneurship is like one of those carnival games where you throw darts or something.
Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.
Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about “meritocracy” and the salutary effects of hard work.
Poor kids aren’t visiting the carnival. They’re the ones working it."
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What an awesome comparison.
Yeah that is real nail on the head stuff. The poverty trap is real. I really believe everyone should be poor once in their life for at least a year with no end in sight because many / most who haven’t experienced it don’t have the empathetic capacity to imagine it.
