together with
Gm. Iām happy to say science fiction is officially becoming reality. Todayās issues features a whole lotta robots and metaverse. Let the fun begin.
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POLLS
Yesss ski fam.

āShreddin some gnar pow during ETH Denver this Friday š¤ā Jealous.
āTrees are not to be f*ed withā¦ā Ok we need a story. You canāt leave us hanging like that. Letās hear it.
āNot at the moment because my startup is my priority.ā Respect. But I do recommend the good olā gondola VC pitch. Works every time.
Alright on to todayās poll. I was having a convo with my Dad and he didnāt understand why YouTube premium is a business expense. Wbu?
FRESH POWDER
Looking at three startups that just raised. Congrats!

If you want to get your company in front of 21,000+ founders, investors, and operators, let us know! Contact [email protected] with any questions
TECH
Metaās AR/VR Masterplan

I know Metaās metaverse bet hasnāt paid off yet. You know Metaās metaverse bet hasnāt paid off yet. The American people know Metaās metaverse bet hasnāt paid off yet.
But, that doesnāt mean Metaās Robot-In-Chief Zuck is giving up just yet.
On the contrary, Metaās execs have their AR/VR hardware plans for the next 4 years(!) all mapped out.
The Roadmap
So, whatās on the docket for Metaās mixed reality division?
As it pertains to Metaās flagship Quest VR headset:
The regular Quest is getting an update later this year, and it will be two times thinner, at least twice as powerful, and cost slightly more than the current Quest 2. Unfortunately, it will still not be a full VR experience, as the front-facing cameras still pass through video of the outside world.
A more āaccessibleā headset codenamed Ventura is due for launch in 2024. Basically, itās the headset for us peasants.
The successor to the Meta Quest Pro, codenamed La Jolla, will be released āway out in the futureā.
Meanwhile, VR isnāt all that Meta has cooking in the pot. Zuckerberg is famously obsessed with AR glasses, and Metaās plans reflect this obsession:
The 2nd-generation of Metaās camera-equipped smart glasses is coming this fall.
The 3rd-generation of the smart glasses is due for 2025, decked out with the ability to view incoming text messages, scan QR codes, and translate text to another language in real time.
The much-anticipated full-stack AR glasses will come out in 2027. These are the glasses where youāll be able to project high-quality avatars. Sci-fi as fucā¦.
Innovate, Or Die
Meta was early to the metaverse trend, but they are definitely not alone. Apple is working toward its own VR headset, Sony just released their own well-received VR headset, and pretty much the entirety of Big Tech is striving for AR glasses.
If Meta wants their metaverse bet to ever pay off, they have to continue to innovate, improve, and stay ahead of the pack.
This roadmap is a good start.
HARD TECH
Rise of the Planet of the Robots

Yesterday, Figure came out of stealth in fashion.
Founder Brett Adcock posted a Twitter thread saying āHereās what the future will look like.ā You just know whatever he was gonna say next would be wild.
āOne robot for every human on the planetā
Figure is building autonomous humanoid robots.
This isnāt science fiction folks. This is real life.
āPhysical labor is the largest market on the planet = 50% of GDP (~$40T/yr),ā Adcock wrote. āPredictions indicate 85 million job shortages by 2030. If we want growth, we need more productivity ā and this means more automation.ā
Ok Brett letās just admitted we all want a robot friend named WALL-E.
But forreal, this is amazing.
Adcockās vision is āa future where humanoid robots work alongside us on a global scale.ā And the future seems to be right now.
As Adcock points out, the last 10 years have seen enormous advances in:
Compute and GPU
Energy and Power Density (Batteries, Motors, Power Electronics)
Bipedal Locomotion Control
Autonomy (Perception, Manipulation, SLAM, Prediction)
And itās now the moment all of us sci-fi nerds have been waiting for: robot time.
The Figure 01 Robot
Hereās a shot of the first ācommercially viable autonomous humanoid.ā

Itās fully electromechanical (batteries/motors), designed to work safely alongside humans, and its hardware is capable of doing whatever humans can.
āHumanoids will revolutionize a variety of industries,ā Adcock wrote. A few examples he gave were corporate labor roles, caring for the elderly, consumer housework, and building new worlds in space. Incredible.
Ok, I gotta go grab burritos with my robot. Check out Brettās thread for more.
QUICK HITS
Seed Round

Stat: $0.002: The price of 1000 tokens for ChatGPTās API, 10x cheaper than OpenAIās existing GPT-3.5 model. Not bad.
Story we're watching: Teslaās āMaster Plan 3ā was light on details on new products, but big on Elonās visions for a sustainable Earth. Unfortunately, investors care more about new products than Elonās dreams, and thus, shares are down ~6%. So, the question now on everybodyās mind is: where does Tesla go from here?
Rabbit hole: A Beginner's Guide To Category Design: How To Create A Category For Yourself And Your Business (Category Pirates)
WHAT ELSE IS GOING ON
TikTok is limiting people under 18 to an hour of use a dayā¦that is until they figure out how to change the settings.
New YouTube head Neal Mohan is teasing future generative AI tools.
The Moon might be getting its own time zone soon.
Salesforce is still paying Matthew McConaughey $10 million a year for ācreative helpā. I wish I was famous bro.
GUESSTIMATE
How many startups do you think Y Combinator has funded?
FUNDRAISING FRIDAY
Wise words from OnDeck founder Julian Weisser.
LAYOFFS TRACKER

Notable layoffs this week
Waymo: 209 people (8%)
iFood: 355 people (6.3%)
Thoughtworks: 500 people
FOUNDERS CORNER
The best resources we came across this weekend that will help you become a better founder, builder, or investor.
š¤ Check out Community Powered Marketing for breakdowns and tips on running a community-driven company.
š Hey VC/startup marketing ppl. I wrote up a guide to Y Combinatorās content strategy. See why itās known as the best accelerator in the world.
š„ Are you a 90s baby and too young to remember the dot-com bubble? Same. Thatās why I read Fād Companies: Spectacular Dot-Com Flameouts.
IRL
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Guesstimate answer: 3,500+



