House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...I got an email today from Kyle Brady titled “Response to Your Response on My Blog” which puzzled me as I hadn’t come across his blog before. I clicked through to his post; he had been called by a recruiter about a job at my portfolio company RockYou!, turned it down and explained, in some detail, and with great enthusiasm, why.
Someone claiming to be Jeremy Liew posted a couple of comments, parts of which I’ll excerpt below:
Kyle: I think you made a poor decision that you will one day regret deeply.
I have been a venture capitalist for many years (I got my start in the early days of venture capital back in 2006) and in all these years have seen few companies with as much potential as RockYou…
We’re still not sure what the final business model for turning those widget views into cash will be, but the opportunities are endless. I came up with 3 this morning alone…
I guess you’d have been one of those people who had the opportunity to work at a great startup like Google, Webvan, Amazon or Pets.com before they went public and would be regretting that decision to this day…
You’re young so I will give you some advice: the sooner you get in on these things, the better. You get more stock options, a beter strike price and you get to be a part of a revolution at the same time…
Sleep on it tonight and tomorrow give that recruiter a call back. Tell him Jeremy Liew referred you.
You’ll thank me for it some day soon. I guarantee it.
Mahalo,
Jeremy Liew
Managing Partner
Lightspeed Venture Partners
“Investing at the Speed of Light”*** Sent from my iPhone 3G ***
The comments linked to the Lightspeed website, and even had the right email address (as is evidenced by the fast that Kyle emailed me a very polite response, despite the nature of the comments). I’m no Steve Jobs, so I was pretty surprised to see that there is a fake Jeremy Liew out there!
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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