Darren LI

4. NFTs are also the fastest-growing on-chain fee-paying segment. Up from ~5% a year back to 25% on Ethereum now.

1. Nearly every company in the Sequoia network is building language models into their products.

This is a challenging task even for today's state-of-the-art LLMs such as GPT-4, largely due to their inability to generate accurate input arguments and their tendency to hallucinate the wrong usage of an API call

The ability to manufacture quality, trend-responsive clothing quickly and sell it at low prices feeds into the front-end of the business, where Shein’s user experience kicks in to create addictiveness.Building an addictive fashion mobile ecommerce experience comes down to four things:

• Low prices


• Great pictures


• Lots and lots of reviews, with pictures

... See more

Extension authors gain creative freedom because they don’t need to use application-specific APIs that reflect the original developers’ view of how people might want to extend their application.

We now believe the market is entering “Act 2”—which will be from the customer-back . Act 2 will solve human problems end-to-end. These applications are different in nature than the first apps out of the gate. They tend to use foundation models as a piece of a more comprehensive solution rather than the entire solution. They introduce new editing... See more