Live data from Hacker News

Sierra Raises $950M at $15B Valuation

sierra.ai

71–80 of 168 posts

Re: Sierra Raises $950M at $15B Valuation

#71

If you (like me) are hearing about this for the first time, Bret Taylor is the co-founder. > Bret is Co-Founder of Sierra. Most recently, he served as Co-CEO of Salesforce. Prior to Salesforce, Bret founded Quip and was CTO of Facebook. He started his career at Google, where he co-created Google Maps. Bret serves on the board of OpenAI.

can't believe Bret's bio doesn't mention friendfeed!

Re: Sierra Raises $950M at $15B Valuation

#73
post #46
post #37

I remember waiting for uber next to him in SF one night 10+ years ago. This dude must be the son of some mafia boss or some shit and have some crazy blackmail to raise billions for companies that are copies of products where he’s the 12th company doing the same thing.. never turning a profit or anything and yet raising ever more money. doesn’t make sense otherwise

hes board chair of openai and is ex co-ceo of salesforce, ex cto of facebook, can get a meeting with any exec in F500... their moat is distribution

Is that really a moat though or something like a firehose of gasoline?

Re: Sierra Raises $950M at $15B Valuation

#74
post #48

Earlier quoted context omitted.

Their secret is that they have hoards of fake AI Customers who will call into their client's AI Customer Support and respond to surveys saying they were extremely happy with the support, so the client has to pay for perfect simulated outcomes.

ai skeptic fanfic evolves in fascinating ways every day

This isn’t specific to AI this is just the dark arts startup valuation playbook. AI extension of gaming the metric “what is the ratio of “active” accounts to validated human daus”

Re: Sierra Raises $950M at $15B Valuation

#75

This is sad. These jobs should go to someone in a poor town in the Midwest.

maybe in an ironic unforeseen twist they are....to people running datacenters there?

how many jobs does a data center provide compared to a call center? It's gotta be like 10-50 per DC I would think, for locals anyway

Re: Sierra Raises $950M at $15B Valuation

#76
post #68

I don't get this for several reasons: 1. There are already apps/websites as an alternative for CSAs. Most of the time I have to call someone its because I couldn't do what I wanted through those portals, so adding an AI agent to the chain is unlikely to prevent an immediate escalation to a human. 2. How much money are you really going to save this way? CSAs aren't high salary employees. Sure you might need a bunch of…

This doesn't matter. Another comment cuts to the quick of it: "If you (like me) are hearing about this for the first time, Bret Taylor is the co-founder.".

This is funding for established tech businessmen; what the business claims to do doesn't matter beyond having "AI" in it.

Re: Sierra Raises $950M at $15B Valuation

#77

I think this is generally a good product because businesses that previously had zero phone support can now afford to have something. However, the hard work of actually building out the various workflows and decision trees is not automatic. Previously, a call center employee would receive abuse from a caller for being unempowered to make a decision. Instead, an LLM will perform the same role. Ideally, businesses will…

As a tech literate customer, my willingness to entertain AI chatbot decision trees is rock bottom. I have no patience to try to find the correct incantation to actually fix something (or the, “before I transfer you to a person, let me try to help you first”). For myself - and admittedly maybe I’m just far out on the long tail of customers - I think these need to be treated like self driving cars, where 98% of the way…

An AI chatbot is orders of magnitude better to get the answer "you cannot be helped" than wading through every possibility in a phone tree.

Re: Sierra Raises $950M at $15B Valuation

#78

If you (like me) are hearing about this for the first time, Bret Taylor is the co-founder. > Bret is Co-Founder of Sierra. Most recently, he served as Co-CEO of Salesforce. Prior to Salesforce, Bret founded Quip and was CTO of Facebook. He started his career at Google, where he co-created Google Maps. Bret serves on the board of OpenAI.

[dead]

Re: Sierra Raises $950M at $15B Valuation

#80
post #68

I don't get this for several reasons: 1. There are already apps/websites as an alternative for CSAs. Most of the time I have to call someone its because I couldn't do what I wanted through those portals, so adding an AI agent to the chain is unlikely to prevent an immediate escalation to a human. 2. How much money are you really going to save this way? CSAs aren't high salary employees. Sure you might need a bunch of…

This doesn't matter. Another comment cuts to the quick of it: "If you (like me) are hearing about this for the first time, Bret Taylor is the co-founder.". This is funding for established tech businessmen; what the business claims to do doesn't matter beyond having "AI" in it.

They seem to have no shortage of big name customers.
Post reply on HN