Can a pivot to AI actually save a company? In the case of Gamma, it did that and more. In this episode of Generative Now, host Michael Mignano, partner at Lightspeed, talks with Jon Noronha, the co-founder of Gamma, an AI-powered platform that helps users create interactive and engaging presentations, websites, and social media assets.
Nearly four decades since the creation of PowerPoint, they talk about how Gamma is treading new ground in the presentation space. Jon discusses how Gamma almost failed until they made the bold decision to pivot to AI in 2023, and how that move brought them millions of new users around the world. They get into the company's initial struggle for product-market fit, the impact of generative AI models like ChatGPT and Stable Diffusion, and the strategic moves they made to adapt and thrive. Jon also shares where he thinks Gamma might go next.
Episode Chapters:
(00:00) Welcome and Introduction
(00:41) Founding Gamma and Initial Vision
(04:00) Challenges and Pivot to AI
(07:04) AI Integration and Breakthrough
(08:38) Expanding Beyond Presentations
(15:45) User Experience and Prompt Engineering
(20:11) Building Value Beyond AI
(21:14) Competing with Industry Giants
(25:03) The Future of AI Interfaces
(29:43) Voice Interaction and AI
(34:35) Gamma's Growth and Team Dynamics
(36:47) Anticipating AI Model Innovations
(39:05) Conclusion
Stay in touch:
LinkedIn: https://www.linkedin.com/company/lightspeed-venture-partners/
Instagram: https://www.instagram.com/lightspeedventurepartners/
Subscribe on your favorite podcast app: generativenow.co
Email: generativenow@lsvp.com
The content here does not constitute tax, legal, business or investment advice or an offer to provide such advice, should not be construed as advocating the purchase or sale of any security or investment or a recommendation of any company, and is not an offer, or solicitation of an offer, for the purchase or sale of any security or investment product. For more details please see lsvp.com/legal.
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