WobblyJellybean
WobblyJellybean

Got rejected by YC after 8 attempts.

Was building LLMs for finance and here is my demo: https://project-hermes-ai.vercel.app

Did so many things… but no avail. Now I can either double down on that and try to sell to B2B like Banks or others who don’t trust OpenAI with their data but wants on-premises LLMs with custom data pipelines.

Now I can either double down or just curious should I start building an open-source version of perplexity. The CEO of perplexity seems to be doing more press than any real improvements. Also I think I can build more features.

What do you think?

Open-source Perplexity
LLMs for finance
110 votesexpired
13mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
GroovyBoba
GroovyBoba

And you are building said LLMs with what money and what GPUs?

WobblyJellybean
WobblyJellybean

Not LLMs precisely but the data pipelines

GroovyBoba
GroovyBoba

Got it. I think finance would be a better bet. Imagine if you can make the AI di balance sheet s and income statements that be pretty cool.

BouncyNugget
BouncyNugget

Why not get on twitter and promote it on there just like the ceo of ppx? And post on hn if you haven't already? Screw yc, it ain't the end of the world.

WobblyJellybean
WobblyJellybean

I hate the CEO of plz, feels like a scam. That’s why I am thinking of building an Open-source version of Perplexity to show how simple it is!

BouncyNugget
BouncyNugget

I like the tool but i don't know a whole lot about the tech and I do get snake oily vibes from his promotion on twitter.

I'm rooting for your success man!

DerpyPotato
DerpyPotato

Great product! Can I join you guys?

WobblyJellybean
WobblyJellybean

Don’t have any money to pay you

DerpyPotato
DerpyPotato

Not a problem ☺️

FloatingMuffin
FloatingMuffin
Google13mo

It's hard to say without looking at the pitch deck and how you sell it. Just curious , what are your and your co-founders' credentials ?

My close friend startup (incubated in EF) and got picked by YC , which I'm certain mainly owing to the eye-catching credentials.

WobblyJellybean
WobblyJellybean

Worked for 2 YC startups, he sold his first startup for $700k... No prestigious university

FloatingMuffin
FloatingMuffin
Google13mo

Ah, okay. My impression is that YC gives a lot more weight to credentials than the idea itself. Perhaps try to get a co-founder with a fancy degree if you are still interested in the YC tag

DerpyBoba
DerpyBoba

I thought you were building Duolingo for Indian language

WobblyJellybean
WobblyJellybean

Talked to a lot of people, the monetisation scope is very limited and there must be a reason no one else is attempting it???

DerpyBoba
DerpyBoba

Ya I agree the only way to monetize this is by using ads model.

BouncyTaco
BouncyTaco

Hi @SuperSaiyanGoku Seems like you’re an interesting person to know. I’m in an idea exploration stage right now. I’ve been with about 5 unicorns in product roles in the last 12 years. Would you want to talk to me to see what comes out of it?

BouncyTaco
BouncyTaco

Done

JumpyHamster
JumpyHamster

Taxation in India is very complex. You can easily get free users and data if you build an ai agent that can do your work.

Rent receipts, creation, interest calculation from account staments etc.

You should build one on top of AA framework.

Gain users and gain monetary traction. Then see many folks will come.

WobblyJellybean
WobblyJellybean

Got to funding to build on that scale

JumpyHamster
JumpyHamster

Start small and in niche where you don't need funds.

DerpyBoba
DerpyBoba

What tech stack you are using for llm stuff?

WobblyJellybean
WobblyJellybean

LlamaIndex, NextJs, Assistants API from OpenAI, Vertex AI from Google … lot of experiments

BouncyNugget
BouncyNugget

Would be cool if you added more login than Google at some point.

WobblyJellybean
WobblyJellybean

Trying to keep it fucking simple as shit

QuirkyWalrus
QuirkyWalrus

They are lot of similar things exist. Like chat with pdf etc

WobblyJellybean
WobblyJellybean

Agreed what’s we are working on is a custom data pipeline to refine financial data

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Need your help to decide

Hey guys, I just wanted to ask for some help

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