YouSaid · the spoken record

Jake Flomenberg

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19
first
2017-12-06
most recent
2017-12-06
sittings or episodes
1
sources
podcast

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  1. “Can do. ERA is the world's best reviewed Wi-Fi, a system of ERO and ERO beacons wirelessly connects to blanket your home in fast reliable Wi-Fi so despite the increased number of devices with Christmas coming you'll still be able to get powerful mesh Wi-Fi in every nook and cranny of your home yes backyard included and no more dead spots slow spots drop-offs or buffering right out of the box and ERO is only available in the US and Canada and you can check it out at Eero.com I so appreciate all your support and I look very forward to bringing you Friday's episode with Jotty Ban Sal, former found and CEO at App Dynamics.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “So fantastic to have a slightly more technical episode there with Jake and you can find more from him on Twitter at j flommonb. And if you like the more technical episode, I'd love to hear your thoughts and you can provide feedback on our new 20 VC app. Simply search for 20 VC in the app store and you'll find it. As I said, I'd love to hear your thoughts on that. Likewise, we'd love to have you backstage with us at the 20 minute VC Anster. All you need to do is head over to Snapchat and add at H Stebbings with 2Bs. It'd be great to see you there. But before you leave you today, the heart of any good company is its people. That's why Namely brings employees together on the HR platform that everyone loves to use. This is as intuitive as social media, but powerful enough to support the complexity of today's workforce. Namely, as the all-in-one platform that helps companies manage HR, payroll, benefits, and more, their mission to help mid-sized companies build a better workplace. See how namely can transform your workplace at www.namely.com today. And speaking of transforming a space, that's exactly what it is.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “It's an exciting section to be playing in, but I would love to delve into my favourite of any interview being the quickfire round, so I say a short statement, and then you give me your immediate thoughts. How does that sound? Book and why what must I read on the next flight?”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “I do want to then delve on two threats because we spoke about those two threats. What are some other potential threats that you particularly identify in the market? And where do you see those inherent gaps?”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “I do want to delve on to one final aspect though being the element of security that you mentioned, one of your sexes of preference, and there seems to be a time of intense public focus and kind of scrutiny on cyber with everything from phishing to nation hacks. So will this increased public awareness cause a sustained rise in cyber investing, do you think? Or is this just a cyclical moment in time?”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “In terms of kind of that instantly draws me to think about acquisitions when companies like you mentioned there, it's not in their core objective to data security element. So the startup will do it. And then in terms of the potential acquisition when they reach that velocity and that scale, how do you think about products that are features that are acquirable versus kind of standalone products? It's always a big question in my mind.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “Touch on an element you said earlier though being kind of the exclusivity of data and having that sole relationship to that data making it your mode. I'm intrigued with the environment today with GAFA, Google, Amazon, Facebook and in terms of startups. data advantage that exists in the”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “Of the That the value of large data sets is mostly overplayed. I'm intrigued. Would you agree with this? And how do you allocate”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Intrigued from a startup perspective, how do you think about accessibility of data sets and their ability to, if they identify the workflow, then actually capture that data in an effective manner? And how have you seen that play out for startups today?”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “Slack team three years ago, would they consider themselves a data company? No, would they consider themselves an AI company? Definitely not. But they did solve this very difficult communication problem in an elegant way. And over time, they amassed a really, really interesting data set. They built out a phenomenal AI and ML team, and now they're using that. So latching onto that core thesis around the importance of data capture, you previously espoused to me. Approach in terms of regards to data, what do you mean by this and how does that affect then you're thinking when assessing the data set and opportunity presents?”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “With the amount of work that Google and Baidu and Facebook and now Apple and others pouring into algorithm development and quite frankly also open sourcing so much of that work, it's very, very hard for me to fathom the business model that'll make that work. So for me, the most important factor is workflow. What is the problem that you're actually trying to solve? And then secondly, data. How can you bring that data to bear? And so in the case of Google, for instance, they started out with a search of very, very simple workflow. They crunched a really, really interesting data set using a really, really interesting algorithm. And so there was this sort of nice circular reinforcement, if you will. But for a lot of the vertical SaaS companies, they need to first help people solve an actual problem to collect some data. And three, make the end user experience better over time. A great example of this is Slack. If you would have talked to the...”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “Yes, wonderfully put, and we've discussed before your three legged stool mindset with regards to the AI stack of importance. So talk to me about this stack and how the conclusion means each three factors then subsequently rank. Sure. So if you would think of a triangle, if you will, maybe with algorithms or AI or ML, any sort of fancy analytic word that you would want up at the top. And maybe in the bottom left, you have workflow. And in the bottom right, you have data. And you can invest anywhere along the spectrum and you can plot any company you meet along this two-dimensional triangle. A lot of the companies that I meet, they come up to me and they pick a spot that's very close to that algorithm dot on the top. And my concern with that is it's very hard to imagine an algorithm that's durably differentiable. In some sense, if you have an algorithm that's durably differentiable, what you should probably do is not tell me, go start a hedge fund, be very, very quiet and live a long and prosperous life.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  13. “Makes it very, very hard to move nimbly. And quite frankly, the incumbent nature of your business can hold you back. We talk about this in the classic Clay Christensen theory of disruption. Do you actually have what it takes to move quickly and disrupt yourself? And some of the things I observed at Lockheed have been very informative in terms of how I work with my startups to help them build their organizations and continually ask that question of, hey, there's no sacred cows if we need to go back to the drawing board, if we need to give up this line of revenue stream for something that's going to be more exciting in the future. I think that gets harder and harder for you to do as the company grows. You really need to instill that value set in companies when they're young. And moving from kind of companies evolving to the landscapes evolving, I want to start today on one which is really causing an evolution in most of the landscape being the theme of AI. And you've said to me before that a large element of your role today is how to make AI not be”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  14. “Or, how do I help end users get value out of big data and ran a good chunk of product management at that company up until the time they went public? And right about the time they went public, I got an email from my now partner Ping and he said, you know, hey, Jake, let's catch up. I want to tell you about this big data conference we're organizing. Maybe you can help. And somewhere along the way of that conversation, I had chats with a lot of the other partners at the firm joined Excel and actually helped moderate their big data conference at Stanford now five and a half, six years ago. I love that as an entry point, but I do have to ask, what were the big takeaways for you from spanning very different organizations from Lockheed Martin to Splunk and Cloudera? What were the big takeaways for you from those times in operations? Well, look, I think there is an inherent inefficiency of scale at any company, and it's no disrespect to Lockheed Martin. Once an organization reaches a certain size, the amount of overhead and planning.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  15. “And data. And the more and more I read about data in cloud, I realized in 2008, cloud was sort of being taken care of. There was this thing called Amazon Web Services that was taking off. But on the other hand, data, the more I read about it, the more I just felt like, hey, I actually know a little bit about this. Hey, I know more than most people about this. Why don't I try to do something in the data space? And so like any good first year MBA student, I made a list of 20 companies cold called the CEOs and wound up at Claudera in the very early days when it was just the four founders, eight engineers at the time and me. And so a lot of the initial business problems, the first website, some of the initial product roadmap stuff that was all things that I got to work on. From there, I left and joined a company called Splunk, which was really one of the first big data companies that sort of didn't self-identify as a big data company yet and really enjoyed not just helping work with the engineers on how many ways to replicate the data, but that sort of last mile of big data.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  16. “It's such a pleasure to have you on the show today. I've heard so many great things from your wonderful partner Brian, but thank you so much for joining me today, Jake. Oh, thanks so much for having me. Not at all, but I'd love to start Stay with a little on you and how you made your foray into the world of early stage investing. What was your entry point? Sure, so I'll give you a quick rundown on my background. Undergrad, I went to Duke and I did electrical engineering, computer science, and economics. And that was my sort of way of saying that things like photography that had what I believed to be subjective judgment involved were scary to me. Afterwards, I went to Lockheed Martin through a great engineering rotational program that taught me a lot of what's right and wrong about how large companies operated. After a couple years of that, though, got a little tired of it and I said, hey, I want to get away from 150,000 people and I want to see what something smaller is like. And so wound up going to business school. And at business school, I came across these two trends as I started reading.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  17. “Or buffering right out of the box, and Ero's only available in the US and Canada, and you can check it out at Eero. com. But without further ado, I'm thrilled to hand over to Jake Flomenberg, partner at Excel.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  18. “Again, all credit to Brian O'Malley for the intro to JSTA, without which this episode would not have been possible. But before we dive into the show stay, the heart of any good company is its people. That's why Namely brings employees together on the HR platform that everyone loves to use. It's as intuitive as social media, but powerful enough to support the complexity of today's workforce, namely as the all-in-one platform that helps companies manage HR, payroll, benefits and more, their mission to help mid-sized companies build a better workplace. See how namely can transform your workplace at www.namely.com today. And speaking of transforming a space, that's exactly what Ero can do. ERO is the world's best reviewed Wi-Fi, a system of Ero and Ero beacons wirelessly connects to blanket your home in fast reliable Wi-Fi. So despite the increased number of devices with Christmas coming, you'll still be able to get powerful mesh Wi-Fi in every nook and cranny of your home, yes, backyard included, and no more Dead Spots slow spots drop-off.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source

  19. “This is the 20 minute VC with me, Harry Stebbings at H Stebbings, with two B's on Snapchat, and we are back for part two of this very special feature week with Excel partners. If you haven't listened to Monday's episode with Rich Wong, that really is a must. And you can find it easily on our new 20 VC app on the App Store, found by searching for 20VC in the search box. Would love to hear your thoughts on that. But joining us for part two today, I'm thrilled to welcome Jake Flomenberg. Jake is a partner at Excel. As mentioned before, one of the world's leading venture firms with the likes of Facebook, Dropbox, Slack and Deliveroo all in their portfolio. As for Jake, he specializes on all things big data and has led investments in the likes of Demisto origami logic, sumo logic, trifactor, and zoom data. And prior to Excel, Jake was director of product management at Splunk, where he was responsible for the product's user interface and big data strategy. Before that, he worked at Cloudera, where he helped the founding team tackle a broad array of sales, marketing and product issues.”

    2017-12-06 · The Twenty Minute VC · 20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel · IDENTIFIED FROM THE TRANSCRIPT · source