Oceans

I am excited to announce the “next thing” I have been working on in stealth mode for a while now: Having been through a few M&A events as an investor, operator, and founder, I have always felt a great empathy for the journey of the entrepreneur. I have also developed a great respect and affinity for the Small and Medium Business market (plumbing companies, healthcare clinics, manufacturers etc.) which until recently has been somewhat overlooked by tech. So, I have teamed up with a talented group of tech founders, engineers, investment bankers, and data scientists to form a group dedicated to making the process of selling a business faster, more efficient and with a greater certainty of close. I am also mindful of a burgeoning new generation of business owners who are looking to be a part of the Ownership Economy with real, cash-flowing businesses and who want rich, compelling data and intelligence to help them cross the chasm into ownership. To fuel this engine, I have partnered with Expa, Oceans, and an amazing group of investors to serve this iconic community which represents over 50% of the US GDP. The name Iconic felt befitting in describing these men and women and the companies they have built, and so that has become the name of our company. My Co Founders Naveen Selvadurai, Roberto Sanabria and I will be will be launching our technology platform which we are calling the Iconic Rail™, built around getting a company prepared for market and leading them through an acquisition. Stay tuned for more on this in the coming weeks! Learn more at www.iconic.co #smb #mna #technology #businessowner #retirement

Meet Sohu, the fastest AI chip of all time. With over 500,000 tokens per second in Llama 70B throughput, Sohu lets you build products impossible on GPUs. Sohu is the world’s first specialized chip (ASIC) for transformers (the “T” in ChatGPT). By burning the transformer architecture into our chip, we can’t run most traditional AI models. But for generative AI models, like ChatGPT (text), SD3 (images), and Sora (video), Sohu has unparalleled performance. One Sohu server runs over 500,000 Llama 70B tokens per second: >20x more than an H100 server (23,000 tokens/sec), and >10x more than a B200 server. We recently raised $120M from Primary Venture Partners and Positive Sum, with participation from Two Sigma Ventures, Skybox Datacenters, Hummingbird Ventures, Oceans, Fundomo, Velvet Sea Ventures, Fontinalis Partners, Galaxy, Earthshot Ventures, Max Ventures and Lightscape Partners. We’re grateful for the support of industry leaders, including Peter Thiel, David Siegel, Thomas Dohmke, Jason Warner, Amjad Masad, Kyle Vogt, Stanley Freeman Druckenmiller, and many more. We’re on track for one of the fastest chip launches in history: - Top hardware engineers and AI researchers have left every major AI chip project to join us. - We’ve partnered directly with TSMC on their 4nm process. We’ve secured HBM and server supply from top vendors and can quickly ramp our first year of production. - Our early customers have reserved tens of millions of dollars of our hardware. As we hit the limits of speed, cost, and scale on GPUs, specialized chips are inevitable. If you want to change the future of AI compute, please join us at www.etched.com/careers. (Benchmarks are from running in FP8 without sparsity at 8x model parallelism with 2048 input/128 output lengths. 8xH100s figures are from TensorRT-LLM 0.10.08 (latest version), and 8xB200 figures are estimated. This is the same benchmark NVIDIA and AMD use.)

Here we go! Announcing our oversubscribed seed round led by the incredible team at Oceans! Couldn't be more excited for the new investors joining our journey: Converge, Atman Capital, Alumni Ventures, BDMI, Tenzing Capital Ventures, Leeor Cohen, Jess Cervellon & Zach Goldstein! It's really all about the team and I am SO proud of ours at Hark. We've all worked together from past experiences and have gelled into a hell of a unit that continues to grow together. Wouldn't be here without continued support from a group of existing investors that have been there every step of the way... Lightbank, Everywhere Ventures, RiverPark Ventures, Green Egg Ventures, Gaingels, M13, Hatchet Ventures 🪓, Neil Capel, Stephan Cizmar, Mike MacCombie, Austin Rief, Pierson Krass, Bill Pescatello & Jyothi Vallurupalli!

Yesterday, Oceans, Blindspot and I hosted one of the LARGEST dinners of Tech Week with NYC tech legends at Lumos House. Fireside chat speakers included: • Dennis Crowley (Co-Founder of Foursquare) • Brian Distelburger (Co-Founder of Yext) • Ian Sigalow (Co-Founder and Managing Partner of Greycroft) • Jonah Goodhart (Co-Founder of Moat) • Kass Lazerow (Co-Founder of Buddy Media, Co-Founder of Velvet Sea Ventures) • Kevin Ryan (Founder and CEO of AlleyCorp, Founder of MongoDB, Founder of Business Insider, CEO of Doubleclick) • Lonne Jaffe (Managing Director at Insight Partners) • Michael Lazerow (Co-Founder of Buddy Media, Co-Founder of Velvet Sea Ventures) • Rick Heitzmann (Founder and Managing Director of FirstMark) • Steven Rosenblatt (Co-founder & General Partner at Oceans) • Joshua Rahn (Co-founder & Managing Partner at Oceans) What an incredible lineup of legendary NYC entrepreneurs! A HUGE thank you to our sponsors for partnering with us: Cal.com, Inc., EY, Gunderson Dettmer, VeUP and Rho. Massive gratitude to everyone involved - from event production and entertainment, to F&B and event design. cc: Jacob Solano, Bogdan Savonea, Matei Psatta, Bailey Pumfleet, Sasha Levyn

Tembo Health is excited to expand its #dementiacare services in #Massachusetts, serving WellSense Health Plan's seniors and caregivers. Thank you Massachusetts Technology Collaborative, UMass Chan Medical School, University of Massachusetts Lowell, and WellSense Health Plan. #seniorcare #dementia #medicare #medicareadvantage #DH100 #agetech AgeTech Collaborative™ from AARP AARP Alzheimer's Association® CareFirst BlueCross BlueShield LifeBridge Health 1501 Health Nashville Health Care Council Healthworx Digital Health New York Benjamin Rose Family Caregiver Alliance / National Center on Caregiving www.tembo.health https://lnkd.in/ggeGurS4

Pumped to share that Hark was recognized as part of The Lead's Leading 100 List! Honored to be mentioned along such incredible founders and start-ups. A huge shout out to the entire Hark team who work so hard to push forward innovation around the use of Customer Generated Content (CGC), our customers who work with us so closely, and our supporters who believe in our vision! Let me know if you'll be at the event in July! #Leading100

I’m hosting an event with Steven Rosenblatt (ex-president at Foursquare, GP at Oceans) and Blindspot at Lumos House next month for tech execs, investors, and established founders and C-suite leaders. In attendance we will have founders of $1B+ companies, C-suite and VP level folks at FAANG and big tech companies, and notable media personalities. We have room for ONE more sponsor to get involved. Please DM me “JUNE” if interested.

Joshua Rahn, Co-Founder and Managing Partner at Oceans, will be on the NYC 2034 VC Time Capsule panel discussing the future of VC and tech in NYC and beyond. Only at TechDay on May 10 at the Javits Center can you hear from today's top VC voices and experience tomorrow's amazing tech. Register today! #techday #techdayexpo2024 #oceans #joshrahn #tech #technology #startups #newyorktech #nyctech #nycevents #nyc #nyctechevents #gadgets #newtech #VC #venturecapital #investor #innovation #earlystage #seedstage #entrepreneur #entrepreneurship #startup #techstartup #networking #productdemo #panel #VCpanel

B.F.D. alert! 📣 The new version of Exer Scan w/ upgraded AI assessments is now available in clinics across the country and in the app store. 🚀 Clinical teams that are understaffed & overworked can now provide more expanded and efficient care for patients w/ the help of the Exer AI platform. 🏥 #NoStraps #NoWearables Thanks to our clinical champions / key opinion leaders, like Ramo Naidu MD at MarinHealth / UCSF, for partnering with us to accelerate innovation inside health systems. 👏 https://lnkd.in/drXecBDV #digitalhealth #AI #healthtech #innovation #ExerScan #ExerAI #ExerHealth #artificialintelligence #msk #orthopedics #neurology #pain #spine #geriatrics #seniorcare #seniorliving #functionaloutcomes #therapy #neurosurgery #gait #stenosis