How Hugging Face raised $235M
Description
In this episode, Nathan and Erik 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 $4.5 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
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TIMESTAMPS:
(00:00:57 ) Episode Preview
(00:01:52 ) Nathan’s Introduction
(00:04:57 ) Overview of Hugging Face and recent fundraising announcement
(00:08:13 ) Hugging Face’s product line
(00:16:47 ) Sponsors: Netsuite | Omneky
(00:18:36 ) Community driven businesses and HuggingFace’s moat
(00:23:23 ) Discovery and inference
(00:28:04 ) Hugging Face’s ideological nature
(00:31:31 ) Curation is key
(00:33:46 ) Keeping content fresh when AI moves so fast
(00:35:44 ) If Hugging Face is a $50 billion company one day, what would it look like?
(00:48:08 ) Hugging Face vs Replit
(00:57:19 ) Contrasting Hugging Face with other companies like Character and Runway
LINKS MENTIONED:
Hugging Face's LLM leaderboard
X/TWITTER:
@labenz (Nathan)
@eriktorenberg
@CogRev_Podcast
SPONSORS: NetSuite | Omneky
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ head to NetSuite: http://netsuite.com/cognitive and download your own customized KPI checklist.
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Music Credit: GoogleLM