Keep pulling the thread on Elad Gil.
Branko raised a $30 million Series A round co-led by Elad Gil's fund and Jared Kushner's fund, Affinity.
Angel investors in Branko's Series A include the CEOs of Databricks, Perplexity, Coinbase, and Together AI, as well as Andrej Karpathy, Patrick Collison, Reid Hoffman, and Naval Ravikant.
The company Branko was founded by Elad Gil, Jared Kushner, and Eric Wu to provide large-scale enterprises and governments with an easy way to adopt AI.
According to an MIT study, 63% of internally created AI pilots are successful, despite a broader perception that 95% of all AI pilots fail.
Some large companies still run core services, such as payment processing, on COBOL installations that have not been updated in 40 years.
Costco and Home Depot are identified as consistent early adopters of new HR software and employee benefits, often adopting new technologies before smaller or younger companies.
Elad Gil invested in the first funding round of Rippling, founded by Parker Conrad, as a vote of confidence in the founder.
Elad Gil invested in the first funding round of Anduril, founded by Palmer Luckey.
According to an anecdote from a friend who worked with Steve Jobs, his key skill was not a "reality distortion field" but rather an ability to see reality with extreme clarity and articulate it concisely to motivate action.
Elad Gil believes that "winning" is the single most important factor in creating a good company culture, more so than perks or motivational speeches.
Elad Gil predicts there is a high probability, around 80%, that a humanoid robot will walk on Mars before a human does.
Elad Gil asserts that many technology markets consolidate into oligopolies with a few large players, such as the payments market, rather than forming natural monopolies.