The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of Foundation Models | The Future of AI Consumer Apps and Why OpenAI Did a Disservice to Them | The Future of Music: Spotify vs YouTube & Spotify vs TikTok: What Happens with Mikey Shulman @ Suno
Fri, 10 Jan 2025
Mikey Shulman is the Co-Founder and CEO of Suno, the leading music AI company. Suno lets everyone make and share music. Mikey has raised over $125M for the company from the likes of Lightspeed, Founder Collective and Nat Friedman and Daniel Gross. Prior to founding Suno, Mikey was the first machine learning engineer and head of machine learning at Kensho technologies, which was acquired by S&P Global for over $500 million. In Today’s Episode with Mikey Shulman: 1. The Future of Models: Who wins the future of models? Anthropic, OpenAI or X? Will we live in a world of many smaller models? When does it make sense for specialised vs generalised models? Does Mikey believe we will continue to see the benefits of scaling laws? 2. The Future of UI and Consumer Apps: Why does Mikey believe that OpenAI did AI consumer companies a massive disservice? Why does Mikey believe consumers will not choose their model or pay for a superior model in the future? Why does Mikey believe that good taste is more important than good skills? Why does Mikey argue physicists and economists make the best ML engineers? 3. The Future of Music: What is going on with Suno’s lawsuit against some of the biggest labels in music? How does Mikey see the future of music discovery? How does Mikey see the battle between Spotify and YouTube playing out? How does Mikey see the battle between TikTok and Spotify playing out?
Full Episode
OpenAI, they did every AI company a huge disservice because everybody thinks that just, like, empty text box is now the right interface, and it is for ChatGPT and it is incorrect for basically everything else. At some point, I don't know if it's version 4 or version 5, there will be a last model release that is released as a model. Everything else is just product releases.
This is 20VC with me, Harry Stabbings, and today we feature Suno, a company where I had the most visceral wow moment with their product since the iPhone. Suno is the future of music. They've raised over $125 million for the company from the likes of Lightspeed, Founder Collective, Nat Friedman, and Daniel Gross.
And today, we're joined by Suno's co-founder and CEO, Mikey Schulman, to discuss the future of models and the future of music. But before we dive in today, here are two fun facts about our newest brand sponsor, Kajabi. First, their customers just crossed a collective $8 billion in total revenue. Wow.
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