How to Raise Money for Your AI Startup – with Ben Narasin of Canvas Ventures

In this episode, recorded live at Canvas Ventures in Portola Valley, I speak with Ben Narasin, a partner with Canvas and an avid venture investor in AI and ML companies, some of which we've interviewed (Crowdflower and Mulesoft), along with many others that we haven't (like Siri). Ben doesn't look for AI to invest in; instead, he looks for companies to invest in, a subtle but important difference in a business world increasingly caught up in the explosion of AI and ML technologies. From investments in Nuance to more recent one such as Houzz, Narasin has solid ideas as to what makes an investment interesting when AI is involved, what might actually add value to a model with AI, and what's wholly irrelevant when it comes to overall business model. Besides making important distinctions on where investments can make a return and how to raise money for your AI startup, this interview is also chock full of great analogies (give me golden dragons all day long—anyone?)