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Courts to Code: Big Names Shaping the Future of Startups, Government and Tech

Giannis Goes VC, AI’s Workforce Impact, and the Latest in Voice Tech Innovation

Welcome to Going on a Venture, where the pulse of innovation meets the edge of strategy.

This week, we’re stepping into the worlds of sports stars turned venture capitalists, AI redefining work and ethics, and cutting-edge tech transforming industries.

Whether you’re here to spark your next big idea, stay ahead in a fast-moving world, or simply fuel your curiosity, you’re in the right place. Ready to explore?

Let’s jump in.

NEWS

From the Court to Capital: Giannis Antetokounmpo Takes the VC World by Storm

In a twist that's as exciting as a last-minute buzzer beater, NBA superstar Giannis Antetokounmpo has launched his own venture capital firm, Build Your Legacy Ventures, which will focus on investments in sports and entertainment.

As the general partner, Giannis emphasizes that this initiative is about more than funding; it's about creating partnerships and leveraging his network to help entrepreneurs, particularly those facing barriers, succeed.

He joins a growing roster of sports celebrities like Serena Williams, Kevin Durant, and Stephen Curry, who have also made significant moves into venture capital.

This shift illustrates the increasing participation of celebrities in the VC space, with many using their names and networks to provide valuable support to startups, highlighting a new era where being an investor is becoming a sought-after role for high-profile figures.

Startups to Statesmanship: Venture Capitalists Tackle Government Reform

Silicon Valley venture capitalists, including Marc Andreessen and Joe Lonsdale, are reportedly being considered for prominent roles in Donald Trump’s advisory committees, particularly in initiatives focusing on government efficiency (DOGE).

DOGE, not the meme altcoin, the Department of Government Efficiency, convenient that Elon Musk is running it.

These VCs are being recruited to tackle technical challenges, with Andreessen Horowitz being a notable investor in SpaceX and also aimed at shaping future crypto policies as part of a proposed advisory council.

Lonsdale, a co-founder of 8VC, has a background in government tech investments and was an early supporter of defense tech.

The committees are expected to propose significant reforms, including government cuts and streamlining of programs, while there are plans for a podcast to discuss their initiatives.

Because why not blend tech investment with political strategy while sitting back and giving us your best podcasting voice?

The Double-Edged Sword of AI: Gen Z Embraces AI Amid Career Fears

A recent survey from Google highlights that Gen Z is enthusiastically adopting AI tools like ChatGPT at work, even while they keep one eye on the job displacement lifebuoy.

Among knowledge workers aged 22 to 39, a striking 93% of younger Gen Z employees utilize multiple AI tools weekly for tasks such as note-taking and email drafting, often sharing these experiences with colleagues.

This generation is not just using AI for efficiency but sees it as a means to enhance their leadership skills and focus on strategic endeavours.

However, the survey also reveals a significant concern, with 62% of Gen Z believing that AI could replace their jobs within the next decade, reflecting a brewing tension in the evolving workforce landscape.

As startup founders and investors explore the integration of AI into business operations, understanding these generational attitudes toward technology can inform how they engage with talent and develop strategies in the startup ecosystem.

How Anthropic's MCP is Changing the Conversation

Anthropic has introduced the Model Context Protocol (MCP), an open-source standard designed to enhance the connection between AI chatbots and data sources, aiming to improve the relevance of AI-generated responses.

This protocol allows developers to create two-way integrations between data systems and AI applications, reducing the need for custom connectors and streamlining access to information across different platforms.

Companies like Block and Apollo are already on board, and many development tools are adding MCP support.

While MCP could potentially transform how AI interacts with data, its future adoption is uncertain, especially with competitors like OpenAI pushing their own proprietary solutions.

Founders and investors should keep an eye on how this interaction between open standards and competitive ecosystems evolves, as it could reshape the landscape of AI applications and integrations.

PlayAI Revolutionizing Audio with Cutting-Edge Voice Cloning Tech

PlayAI, co-founded by Hammad Syed and ex-WhatsApp engineer Mahmoud Felfel, originally started as a text-to-speech Chrome extension for Medium articles and has since evolved into a robust platform for generating realistic audio content.

By offering customizable voice cloning and a suite of tools for creating high-quality audio narrations, PlayAI positions itself as a key player in the growing voice AI market, catering to both individuals and businesses.

Recent innovations like PlayNote allow users to transform various file types into engaging audio formats, while their PlayDialog model aims to create more natural conversations.

Despite facing industry criticism over ethical concerns related to voice cloning, PlayAI recently secured $20 million in seed funding to enhance its generative AI capabilities and expand its team.

SUMMARY

  • Giannis Antetokounmpo: Launched Build Your Legacy Ventures to transform the VC landscape with a focus on empowering underrepresented entrepreneurs.

  • Marc Andreessen and Joe Lonsdale: Plans for advisory positions in Trump Committee, mixing tech innovation with governmental strategies for efficiency reforms.

  • Gen Z: Embracing AI in the workplace, with 93% using it weekly while navigating the job security tightrope, innovation meets caution.

  • Anthropic: Debuted the Model Context Protocol (MCP), aiming to bridge AI chatbots and data sources for more meaningful interactions in future conversations.

  • PlayAI: Secured $20M in seed funding to enhance AI-driven audio solutions, catering to users and businesses alike.

Thanks for tuning into today’s issue of Going on a Venture, your backstage pass to the stories and strategies shaping the future.

Innovation waits for no one, and we’ll be back soon to keep you in the know.

Until next time, keep building and dreaming.

H