How Hugging Face raised $235M
Nathan Labenz and Erik Torenberg discuss Hugging Face's growth, community defensibility, and its $4 billion valuation in light of its Series D funding.
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Video Description
In this episode, Nathan Labenz and Erik Torenberg sit down to analyze Hugging Face in light of its recent $235M Series D round. They analyze Hugging Face’s community and defensibility through the lens of other community businesses like ProductHunt and Yelp, assess its ability to fulfill its $4 billion valuation, and assess competitors and other notable companies in the space like Replit, Character, and Runway. If you're looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/cognitive
TIMESTAMPS:
(00:00) Episode Preview
(00:00:52) Nathan’s Introduction
(00:03:57) Overview of HuggingFace and recent fundraising announcement
(00:07:13) Hugging Face’s product line
(00:15:47) Sponsors: Netsuite | Omneky
(00:17:36) Community driven businesses and HuggingFace’s moat
(00:22:23) Discovery and inference
(00:27:04) Hugging Face’s ideological nature
(00:30:31) Curation is key
(00:32:46) Keeping content fresh when AI moves so fast
(00:34:44) If Hugging Face is a $50 billion company one day, what would it look like?
(00:47:08) Hugging Face vs Replit
(00:56:19) Contrasting Hugging Face with other companies like Character and Runway
LINKS MENTIONED:
Hugging Face's LLM leaderboard: https://huggingface.co/spaces/HuggingFaceH4/open_llm_leaderboard
X/TWITTER:
@labenz (Nathan)
@eriktorenberg
@CogRev_Podcast
SPONSORS: NetSuite | Omneky
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Music Credit: GoogleLM
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