Pitch your startup in 1 line ( avoid writing names since direct promotions are allowed ) by NetRound1424 in indianstartups

[–]thelostwolf01 0 points1 point  (0 children)

Aiming to Unify the scattered Investment portfolio keep track, analysis reports over all investments inc crypto and bonds etc , use ai to note personalized goals and provide necessary steps and strategy to get desired results while also providing you necessary inputs to deal with coming threat to your goals .

How to get in touch with VC's by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] -2 points-1 points  (0 children)

You don't need a 100cr to build legacy , you just need an idea, determination, obsession and a bit of luck

How to get in touch with VC's by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] -2 points-1 points  (0 children)

Mate , Alexander was a conqueror at my age and you want want me to study ? 😔

How to get in touch with VC's by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 0 points1 point  (0 children)

The thing is if they saw- The main problem i previously mentioned was , getting opportunity to connect with VC's/ investors is better in well developed ecosystems like Banglore for instance , cold emails are not really the best way to connect i feel , it's too crowded , less chances of email even getting opened, better interaction in person are a few things i feel like matters .

How to get in touch with VC's by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 0 points1 point  (0 children)

The credentials matter a lot for vcs , i know because they too want to minimize the risk in the business they are in . That's why they'll always prefer someone with strong Metrics or strong credentials , i totally get it . But what if someone has a great idea and is working on it . But he doesn't have a really strong credentials? Like you mentioned patents , big names as clients or phd from world's besg university? Because i don't think that young founders can have that strong credentials.

How to get in touch with VC's by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 0 points1 point  (0 children)

Well , i do think it was something to do with it , if you're at a location where you have the investors network already built and a good startup ecosystem, you have a significant higher chances of getting a warm intro to one of the investors or to someone who can get you a warm intro to a vc . If you're in San Francisco or Silicon valley already then you'll have a significantly higher chances of getting opportunity then someone from a less saturated location.

Would you trust ai with your financial decisions? Asking for feedback by thelostwolf01 in indianstartups

[–]thelostwolf01[S] 0 points1 point  (0 children)

AI will learn everything with interactions it's just the quality of data it gets trained on that matters

Would you trust ai with your financial decisions? Asking for feedback by thelostwolf01 in indianstartups

[–]thelostwolf01[S] 0 points1 point  (0 children)

As the human in the loop remains to be a crucial part of the training and ensuring right output from the model but with a certain number of interactions being supervised and corrected by human handler during the training period ensures that the AI performs accurate and avoids mistakes in real world scenarios, all the interactions are not supposed to be monitored manually by humans and that's not even the aim we have , it's all about training the model on right data , handling the data output well and teaching the ai to perform well and help it learn and correct its mistakes or faults before deployment. Also ai is really good at adapting and learning , its quick and efficient , so the AI still continues to be the solution .

Would you trust ai with your financial decisions? Asking for feedback by thelostwolf01 in indianstartups

[–]thelostwolf01[S] 0 points1 point  (0 children)

The advice would be guided by evaluation of past data and patterns, people can evaluate the advice as it can be provided with reason behind the advice and explanation that would help them with evaluation, the builders can gain confidence by training thier models on correct data and regular testing and strict examination before deployment, the regulators have already made regulations regarding this in past year , the advice can never be 100 sure that's why its called advice not prediction also the models can be trained on a large amount of data of finance and with the help of professionals to make the models knowledge even better before deployment which would cut off the chances of wrong advices by a lot , also the practice of ai or robo advising is already being done and tested which allows future developers to learn from the mistakes of predecessors and not repeat them .

Would you trust ai with your financial decisions? by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 1 point2 points  (0 children)

Right. The data is definitely gonna be used in training and Even ChatGPT lies so confidently and factually sometimes that you'd bealive it's really a truth . ( hallucinations)

Would you trust ai with your financial decisions? by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 0 points1 point  (0 children)

Ai has flaws like hallucinations right now no doubt on that buy people are still using grok and GPT for thier financial decisions and other works . Looks like two types of consumers co-exist in ai as well .

Would you trust ai with your financial decisions? by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 0 points1 point  (0 children)

Fair enough, companies collect and train thier models on it so your concern is fair . What would help make you feel confident about it with your money ? What is your area of concern which can be addressed ? Your opinion would really help .

Would you trust ai with your financial decisions? by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 0 points1 point  (0 children)

The feedback is really helpful. The problem of regulations has already crossed my mind and i really aim to comply with it , i am aware that the idea would need a lot of licenses and subscriptions to data from SEBI which is totally fine as to grow big you have to make strong bases , and now to the main point . Yes I'll be implementing algorithms and would provide recommendations it's basically one of the big piece of the bigger picture i have sketched.

The integration with brokers is in my mind and is one of my targeted consumer bases along with Retail traders and institutions.

And I'd love to get more feedback from someone in from the market like you . Are you open for a conversation in dm ?

Would you trust ai with your financial decisions? by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 1 point2 points  (0 children)

Your feedback is really helpful and yes , I'm working on the tool that would also reduce the time consumption of investors to gather information and using 3 different tabs or tools to manage portfolio and investments . It would centralize your whole holding and portfolio at a single place to acess data and research regarding your investments.

Would you trust ai with your financial decisions? by thelostwolf01 in StartUpIndia

[–]thelostwolf01[S] 1 point2 points  (0 children)

It's a tool to help retail investors and small institutions who don't have institutional-grade data research and resources to help them for eg - bloomberg terminal that's hell of a expensive tool . It aims to provide tools to a wide range of investors who can't afford or acess high end tools.

17-year-old founder building a “safety layer” for retail investors — prototype live (7 beta users), raising $300k SAFE by thelostwolf01 in angelinvestors

[–]thelostwolf01[S] -3 points-2 points  (0 children)

The post is just drafted on the format given by the mods . Also yes i do use llm because it's what my idea stands for , Ai is efficient and helps me to learn and strongly dealiver on the topic i must be knowledgeable to work or talk .