Rabbit co-founder and CEO Jesse Lyu isn’t afraid of death… the death of the company, at least. Rabbit’s r1, the pocket AI assistant that attracted considerable hype after its debut at CES, is certainly an original proposal. “We immediately tried using super-prompts to get this language model to do things, and the result was very miserable,” he recalled. “I mean, the first lesson I ever learned from Y Combinator two years ago, is that 99% of startups will die. I think it’s good to have this level of competition that’s only going to help us grow faster, or die faster, which is the nature of startups.
We’re announcing an exciting addition to our speaker lineup for StrictlyVC Los Angeles on February 29. Lyu is an entrepreneur renowned for his work in human-machine interaction. With rabbit, he leads a team dedicated to crafting intuitive experiences that redefine the way we interact with technology. Faraz Fatemi, partner at Lightspeed Venture PartnersFaraz joined Lightspeed as a Partner in 2022 and is focused on investments in consumer platforms. If you’re interested in learning how your brand can partner with StrictlyVC, head to our sponsorship form and someone from the team will respond shortly.
In a sea of AI-enabled gadgets at CES, the rabbit r1 (all lowercase, they insist) stands out not just for its high-vis paint job and unique form factor, but because of its dedication to the bit. “The phone is an entertainment device, but if you’re trying to get something done it’s not the highest efficiency machine. After all, that’s what our so-called “AI assistants” have supposedly been doing for the last five or six years. Even so, even if the rabbit r1 is better or cuter, people prefer simplicity and convenience. Why would they pay money to carry a second device when their first one does most of those tasks?