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The Model-Agnostic AI Platform Betting That No Single Lab Will Win

The Model-Agnostic AI Platform Betting That No Single Lab Will Win

15 segments available

In this discussion at Startup School Paris, Dust co-founder Stanislas Polu reflects on his path from Stripe to OpenAI and why he and his co-founder decided to build their company in France. Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs Chapters: 00:00 — Intro 01:09 — From Stripe to OpenAI to Founder 02:49 — Why Stan Left OpenAI 03:46 — What Dust Actually Does 04:07 — What Work Looks Like in 3 Years 05:10 — Where the Thesis Was Right (and Wrong) 07:05 — The Horizontal vs. Vertical Debate 09:15 — Model Agnostic as a Moat 10:49 — How Labs Starve the Funding Market 12:19 — Raising Small on Purpose 14:39 — The Mistral Lesson 15:11 — Why Build in France? 17:08 — When Labs Enter Your Vertical 18:27 — The Margin Problem 21:45 — Outro

Segments Timeline

1
0:00 - 1:09
1:09 duration215 words

Intro

"model agnostic which I think is a is a very interesting aspect of that and that's something that the labs would not be able to do. Uh if you think about buying your product and your tokens uh at the s..."

2
1:09 - 2:49
1:40 duration315 words

From Stripe to OpenAI to Founder

">> I'm Stan. Uh I was lucky to join Stripe pretty early. Spent five years there. That was an aqua year when we joined Stripe and then at the end of those five years got interested in into AI. uh I'm n..."

3
2:49 - 3:46
0:56 duration174 words

Why Stan Left OpenAI

">> and so you decided to build something uh on top of the labs. So you started dust can you tell us more about what dust is? >> Yeah sure obviously we live in a world where the definition of the compa..."

4
3:46 - 4:07
0:21 duration81 words

What Dust Actually Does

">> So you spend a lot of time thinking about work and how work is going to evolve. So if you're right in how you're thinking about it today, what do you think is going to happen like two to three year..."

5
4:07 - 5:11
1:04 duration211 words

What Work Looks Like in 3 Years

">> Yeah, I'm I'm a bit of a Samman. I mean, he said that at some point. I think I I I I relate to that. I mean if you think about about our great grandparents um walk was mostly physical or great grea..."

6
5:11 - 7:05
1:53 duration343 words

Where the Thesis Was Right (and Wrong)

"convinced that walk would be uh incredibly disrupted by the technology and I think that's something where we were deeply right and I think we're starting to be right only now at the at a three years u..."

7
7:05 - 9:16
2:10 duration391 words

The Horizontal vs. Vertical Debate

">> Yeah. So, uh, I want to make sure we talk about the elephant in the room, which is OpenAI and Anthropic are giants. They move fast, they innovate, and you're working right alongside like right next..."

8
9:16 - 10:49
1:33 duration317 words

Model Agnostic as a Moat

"competing for that. There's a lot of convergence in the uh in the product space. I think in that in that in in that aspect and there'll be some different sensibilities in the way you build that bubble..."

9
10:49 - 12:20
1:31 duration306 words

How Labs Starve the Funding Market

">> Yeah, that makes sense. So when I think about these giants and what they do to the ecosystem of startup um they impact them in many ways. One of them is the funding markets. Uh, and there is a risk..."

10
12:20 - 14:41
2:20 duration454 words

Raising Small on Purpose

"go back to the being in the shadow of French labs but before because you talked about fundraising I want to talk about this because one of the things that when I talk about dust one of the things I sa..."

11
14:41 - 15:11
0:30 duration88 words

The Mistral Lesson

"into that uh kind of role of CEO of European lab with all its imperfection uh the fact that they managed to build a company that is valued 12 billion is extremely uh recommendable is extremely impress..."

12
15:11 - 17:08
1:56 duration364 words

Why Build in France?

">> Yeah. Yeah, that makes sense. you talked about uh your series be uh maybe more challenging because you're building in France and it's true like I knew you from your San Francisco days. So you knew ..."

13
17:08 - 18:30
1:22 duration267 words

When Labs Enter Your Vertical

">> Yes. So so being verticalized great advantage in terms of go to market being verticalized made a ton of sense because the models were not that good and so you had to build a little bit of scaffoldi..."

14
18:30 - 21:45
3:14 duration633 words

The Margin Problem

">> Uh margins are tough in those days. Tough very tough. Uh >> so and maybe the question is so you know when you're a lab you're uh capturing the margin at the token level and then you build a product..."

15
21:45 - 22:53
1:08 duration239 words

Outro

">> That makes sense. We're at time. I'll still ask you one last question because as I said you're very wise. So what is there any last word of wisdom that you want to share with this crowd? describe b..."

The Model-Agnostic AI Platform Betting That No Single Lab Will Win — Stanislas Polu | Searchlore