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John Carmack's new AGI company, Keen Technologies, has raised a $20M round

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Re: John Carmack's new AGI company, Keen Technologies, has raised a $20M round

#24

Interesting to see how he's progressed with this. When he first announced he was getting into AI it sounded almost like a semi retirement thing: something that interested him that he could do for fun and solo, without the expectation that it would go anywhere. But now he seems truly serious about it. Wonder if he's started hiring yet.

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Re: John Carmack's new AGI company, Keen Technologies, has raised a $20M round

#25
post #3

> This is explicitly a focusing effort for me. I could write a $20M check myself, but knowing that other people's money is on the line engenders a greater sense of discipline and determination. Dude doesn't even need the money...

Using VCs as an accountability partner is interesting. He should have taken investments from not already rich supporters, to feel even more motivated not to let them down.

IIRC Medium was similarly funded with VC, and founders specifically decided not to fund it themselves and treated external capital as an accountability mechanism.

Re: John Carmack's new AGI company, Keen Technologies, has raised a $20M round

#29
post #3

> This is explicitly a focusing effort for me. I could write a $20M check myself, but knowing that other people's money is on the line engenders a greater sense of discipline and determination. Dude doesn't even need the money...

Using VCs as an accountability partner is interesting. He should have taken investments from not already rich supporters, to feel even more motivated not to let them down.

Well if company still failed it would be case of not already rich to poorer than before people who supported this endeavor.
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