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Llama Fund: Crowdfund AI Models

llama.fund

41–50 of 78 posts

Re: Llama Fund: Crowdfund AI Models

#41

Hey HN, I'm sick and tired of the big labs controlling most of the generative AI landscape. We are launching Llama Fund as a means of democratizing large scale AI model training through crowd funding. Our platform will allow researchers to propose a training pipeline, from data curation to the number of GPUs required. Ideally they will already have a toy model working. From there users can crowdfund the effort based…

What happened to Open Model Initiative?

Re: Llama Fund: Crowdfund AI Models

#42
post #16

I think the name is based on the popular subreddit https://www.reddit.com/r/LocalLLaMA/

The subreddit is named after Meta's LLaMA family of LLMs, though now involves discussion of many other open weight models. This site is confusingly appropriating the name for the funding of other LLMs.

Re: Llama Fund: Crowdfund AI Models

#43

Patrick, it’s really hard to tell if you're serious or legitimate from this made-in-Lovable-in-5-minutes site. If you are serious, I recommend that you ask the admins (hn@ycombinator.com) to delete this post, then spend at least half an hour thinking about a better name, and what readers might need to know before you (1) create a more substantive landing page and (2) re-announce. That would at least give you a chance…

I am building the backend full time for this, I'm serious about it and see it as one of the biggest issues in the ecosystem today. I'm looking to gauge interest in the concept to hopefully raise more to implement it faster. What exactly is wrong about it? I spent a fair amount of time on it and just saying "its bad" isn't really helpful feedback.

To add to the other commenters, in the spirit of providing feedback for the next iteration:

- responsivity, the site does not scale well on portrait screens, specifically the email input is shifted to the left and partially off-screen

- layout, the header is not vertically aligned. The elements are off-center

- design, it looks nice at a first glance but lacks polish. Consider starting with an existing landing page template (there are lots of free ones) and refining with AI, if you are unable to create one yourself or hire/ask someone.

- contact/ TOS, you provide your (presumably) legal name and email address. If this is a real fund you should at least provide some sort of address and name of the fiscal host. A personal gmail address also strongly indicates that this is not a functional fund with proper organization of fiscal resources.

- name, already mentioned by other posters but the llama part is not good. My first thought was "Meta has new fund?" however the site's content directly squashed this (no legal contact -> no proper fiscal host). Even disregarding trademark concerns, you don't focus on llama but on open-source models, so please try to name it appropriately.

Re: Llama Fund: Crowdfund AI Models

#45
post #43

Earlier quoted context omitted.

I am building the backend full time for this, I'm serious about it and see it as one of the biggest issues in the ecosystem today. I'm looking to gauge interest in the concept to hopefully raise more to implement it faster. What exactly is wrong about it? I spent a fair amount of time on it and just saying "its bad" isn't really helpful feedback.

To add to the other commenters, in the spirit of providing feedback for the next iteration: - responsivity, the site does not scale well on portrait screens, specifically the email input is shifted to the left and partially off-screen - layout, the header is not vertically aligned. The elements are off-center - design, it looks nice at a first glance but lacks polish. Consider starting with an existing landing page t…

Thanks for the feedback!

I would also say this is early stages and I don’t think it’s necessary to have every piece of this solved.

This isn’t a fund really it’s crowd funding, and we are looking to gauge interest as we reach out to investors and early clients.

I’m generally surprised by how many people on HN don’t follow their advice. Ship early, get validation

Re: Llama Fund: Crowdfund AI Models

#46

Earlier quoted context omitted.

I am building the backend full time for this, I'm serious about it and see it as one of the biggest issues in the ecosystem today. I'm looking to gauge interest in the concept to hopefully raise more to implement it faster. What exactly is wrong about it? I spent a fair amount of time on it and just saying "its bad" isn't really helpful feedback.

I'll take a stab at providing some specifics: - the black text on fog gray background gradient is... not great looking. - What's with the seemingly arbitrary floating red sun? - the name Llama.fund is a bit odd given this is for general LLM models. Thematically it just feels all over the place.

I’ve gotten very positive feedback from designers on this look, but I guess to each their own

Re: Llama Fund: Crowdfund AI Models

#47

Earlier quoted context omitted.

I am building the backend full time for this, I'm serious about it and see it as one of the biggest issues in the ecosystem today. I'm looking to gauge interest in the concept to hopefully raise more to implement it faster. What exactly is wrong about it? I spent a fair amount of time on it and just saying "its bad" isn't really helpful feedback.

> I spent a fair amount of time on it… That's a red flag for me if true. > …just saying "its bad" isn't really helpful feedback. Not sure if serious, but you can start with these: • Trademark misuse – Legal exposure, identity confusion, invites takedown • Gmail contact address – Unprofessional, lacks credibility, signals amateur status • Anonymous "we" – No trust, no track record, only named person using alt email •…

None of this is actually needed to get validation.

Would me having domain email routing somehow make it more legit? No it wouldn’t, I’ve now gotten validation that people like the idea without doing any of that, which is the exact advice that y combinator gives, yet is never followed in HN comments

Re: Llama Fund: Crowdfund AI Models

#48
post #19

Earlier quoted context omitted.

Gotta start somewhere

For startups in general yes, for aggregating millions of user funds you need a better plan straight off the bat

This is crowdfunding, it’s not that crazy at all. It’s early stages

Re: Llama Fund: Crowdfund AI Models

#49
post #42
post #16

I think the name is based on the popular subreddit https://www.reddit.com/r/LocalLLaMA/

The subreddit is named after Meta's LLaMA family of LLMs, though now involves discussion of many other open weight models. This site is confusingly appropriating the name for the funding of other LLMs.

I think of Llama as a general term in the ecosystem. LlamaIndex, LocalLlama and more are all not meta related just speaking to open source models

Re: Llama Fund: Crowdfund AI Models

#50
post #25

Cool idea but why will people put money into something you release as open source? Generally crowdfunding provides some sort of equity or reward?

Yeah that piece is still being worked out. An easy win here is you get a commercial license, but fractional ownership would be very cool
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