For those of you interested in undervalued Bittensor
$TAO subnets, this was a post today in Telegram from the founder of
@babelbit SN59.
Make of it what you will for yourself, but when you take into consideration the team level of experience, their business planning and the current price, do you see a misalignment?
Everyone is always looking for opportunities in dTAO, and IMO this is one of the best RR out there (yes i have a bag for transparency).
--------------------------------------
"........ for anyone who is interested in the business side of this space:
I have been involved in several speech tech companies and built a couple of them to a successful exits. I think that my various patents ended up being owned by HP and some Chinese tech companies.
My first speech venture exited with a sale to Autonomy, and was the tech behind Blinkx and other products. I managed a global operation with some direct corporate sales, and a reseller network with some pretty big players (Logica etc). Actually that's how I got to know Nigel Grant from SN44 Score.
At that time, he was running our most successful EMEA reseller. We also worked together a few years later. I was working for Coller Capital as CTO, but also managing a spin-off seed fund, which invested in a network technology business which Nigel founded.
It's an interesting point that very few Bittensor subnets have founders have managed global sales operations, through growth or delivered actual value to shareholders.
Interestingly, the end-to-end value trajectory of subnets has not had time to evolve any orthodoxies, in the way the venture capital has. So we are all making it up as we go. So staying close to Const and others is really important.
However, the core skills are the same, especially having experience of the parallel objectives involved.
I have decades of experience in devising strategies to simultaneously:
- maximise end-user utility in a global market
- while delivering value for investors
Technologically, I have always taken the latest advances and stretched their application into novem use cases, from using NLP in the news industry to stretching the capabilities of ASR to score pronunciation of language learners.
Babelbit is filling a gap, doing something which has literally only become possible since the advent of multi-modal transformer networks, and prior to any miner-based training, we have two models which are ahead of SOTA, converging - actually collapsing - NLP tasks and audio processing tasks into a single model, for miners to work on.
Inspired by and taking advice from the other networks we know personally, who are ahead of us in their development, with clear commercial objectives and experienced founders (like SN44 Score, SN75 Hippius, SN62 Ridges and others), the next phase of our plan is for miners to run with them and start driving performance improvements week on week.
It's an exciting time for us, and we have attracted significant investment, but I can also see that some investors are attracted by revenue-positive businesses, so as we establish a sustainable commercial operation in the coming months, we will probably attract a different profile of stakeholders.
As a team, we have just agreed on a product-release specification, and I am reigniting my contacts who are involved in building internal comms systems for multi-national corporations, and identifying some early adopters.
"