Could this AI Founder Replace Investment Bankers? | First Time Founders with Ed Elson

Ed speaks with Gabe Stengel, Co-founder and CEO of Rogo, about the potential for AI to disrupt the banking sector. They also discuss Gabe’s experience pitching his financial services AI company to VCs, the importance of willpower, and how he finds balance between work and his personal life.
Timestamps:
00:00 - Ask Prof G- What would be your advice to founders building in AI right now?
05:01 - Is AI going to replace bankers?
07:39 - What kind of work will bankers be doing?
11:25 - Why use Rogo over ChatGPT?
13:36 - Is AI becoming too powerful?
14:59 - Why did you start Rogo?
17:10 - What did your investors like about you?
23:06 - How do you deal with things going wrong?
24:51 - How do you keep yourself from quitting?
27:49 - What's your management approach?
29:18 - What's been your biggest challenge?
35:34 - What've you learned by starting a company with a friend?
39:10 - What advice would you have given to your younger self?
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Пікірлер: 30

  • @MichaelLaFrance1
    @MichaelLaFrance13 ай бұрын

    Great show, please continue this theme with as much frequency as you can manage, it's quite valuable.

  • @dontdoit6986
    @dontdoit69863 ай бұрын

    Inspiring young founder. Nice work, kid. Great interview.

  • @mindcq

    @mindcq

    3 ай бұрын

    He gets it. I appreciated his comment about businesses being about the people you employ. That altruistic tech bro vibe is played out. He was honest about being a dude thats just trying to figure it out.

  • @concentricvoid
    @concentricvoid3 ай бұрын

    Are you going to interview Gary Stevenson on his economics and his new book?

  • @thomas6502
    @thomas65023 ай бұрын

    Great conversation. Thank you.

  • @test24x7
    @test24x73 ай бұрын

    Hey Gabe, Congrats on your startup. Have you considered expanding your target market to the billions of investors who are not finance professionals but who desperately need the tools you offer to optimize their investment research process? Collectively they offer you the opportunity to vastly expand your TAM while enabling you to make a quantum leap in your social impact. Will PM you to discuss further. - SC

  • @RTC1655
    @RTC16553 ай бұрын

    Another AI fine tuning start-up. Good luck buddy.

  • @jthadcast
    @jthadcast3 ай бұрын

    ai replacing outsourced research with more badder research to pad the value-add chains and zero accountability. what could possibly go wrong?

  • @magalengo
    @magalengo3 ай бұрын

    Basically, the hype is super high. So raise capital from foolish investors and rip them off. Take advantage of fools while you can.

  • @stevechance150

    @stevechance150

    3 ай бұрын

    Fish when the fish are biting.

  • @javierghaemi84

    @javierghaemi84

    3 ай бұрын

    😊😊😊😊😊😊

  • @cqsmooth6681
    @cqsmooth66813 ай бұрын

    How long before investing returns null due to AI. If everyone has a super gun, then what?

  • @tuongle4996

    @tuongle4996

    3 ай бұрын

    People, technology, and essentially everything evolves with it, similar to how life has always managed to adapt its way through time. Long story short, you’ll be fine.

  • @chickenofmann8474

    @chickenofmann8474

    3 ай бұрын

    What's next? I guess you sell bullets. Sincerely, Nvidia

  • @mindcq

    @mindcq

    3 ай бұрын

    @@chickenofmann8474 In short term the next play looks like energy to supplement power consumption of these systems.

  • @kyleolson9636

    @kyleolson9636

    3 ай бұрын

    If AI ever ends up performing perfectly, index funds will be where you go.

  • @benb8336

    @benb8336

    3 ай бұрын

    ​@@mindcq Eaton Corp. is worth a closer look for electrification

  • @smarv8
    @smarv83 ай бұрын

    10:25 isn’t that what created hundreds 10:25 of Billionaires? We could work less if we all worked for non profits, but only work 3 hours less per week because our work is now more thoughtful and is required to push profits higher each year. I imagine AI will do the same for us.

  • @jameschecca7117
    @jameschecca71173 ай бұрын

    I have many questions about the stonk market and AI robots after watching this, but if I had to boil it down to only one thing it would be this: is that guy Gabe Stengel single?

  • @SecretState
    @SecretState3 ай бұрын

    Ai could and does have the potential to rid the world of scarcity, this is what scares people esp those "with"

  • @fundamntal
    @fundamntal3 ай бұрын

    when everybody have AI then nobody have it

  • @stevechance150

    @stevechance150

    3 ай бұрын

    Let's agree to disagree. I'm sure it will be sold in tiers. ChatGPT 3.5 is free for everyone, but if you want access to ChatGPT 4 you have to get a monthly $20 subscription. Eventually the very top tier of access will cost real money, and only the wealthy will be able to afford it.

  • @techronin_
    @techronin_3 ай бұрын

    So essentially it’s a custom GPT for finance…

  • @DankoStojanovic
    @DankoStojanovic3 ай бұрын

    Ed, I would strongly advise against growing your hair any longer. You are already pushing your luck.

  • @eh7599
    @eh75993 ай бұрын

    Why is Ed even on this show? Is he Scott's bf?

  • @maevequinn3914
    @maevequinn39143 ай бұрын

    You guys are both attractive and it’s distracting

  • @andrewhart6200
    @andrewhart62002 ай бұрын

    AI sucks at replacing customer service

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