Something new. Prev partner at @Sequoia. Started @PeopleGlassApp. @a16z @Caltech CS. Crypto and AGI maxi.
San Francisco, CA
Joined December 2014
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Introducing ask-web: Rox’s in-house web search agent.
ask-web sits on the cost-per-accuracy pareto frontier of the hyper-parameter grid when compared to frontier labs and commercial search agent providers.
The agent delivers 91.3% accuracy at 1.03 cents per query on real production prompts.
It has been running in production for more than 6 months with continuous evals.
Inference partners: @togethercompute, @baseten, @modal
Commercial Search vendors benchmarked: @perplexity_ai, @ExaAILabs, @p0.
Frontier Search vendors benchmarked: @OpenAI, @AnthropicAI
Exa, OpenAI and Anthropic excel on accuracy. Parallel and Perplexity are cost-efficient.
Here’s the breakdown:
Daniel Chen retweeted
Most AI investing happens downstream of the frontier: a capability emerges, a category gets named, and capital rushes in.
But by the time a category earns a clean box on a market map, the best builders have usually been living in the messy version for months.
Agents. Reasoning. RL environments. World models. AI for Science. Recursive self-improvement.
I call this frontier proximity: the ability to see what is becoming possible before it becomes consensus.
My frontier proximity ladder:
L0 Wrapper: uses today’s models.
L1 Reactor: reacts fast to releases, but roadmap is downstream.
L2 Anticipator: builds for where capabilities are going.
L3 Native: depends on a non-obvious frontier bet.
L4 Shaper: helps move the frontier itself.
The point is not that every company needs to train models.
Apps can have high frontier proximity if they understand what models will make possible next.
Infra can have high frontier proximity if it knows what future agents, multimodal systems, robotics stacks, or scientific workflows will need.
That is why we’re launching MoE Capital.
MoE stands for Mixture of Experts.
The idea is simple: build an AI fund around people closest to the frontier: frontier researchers, technical founders, AI-native builders, and seasoned operators.
We don’t want to be another AI fund with a newsletter-level understanding of the frontier.
We want to build the AI fund closest to the frontier.
More in The Information: theinformation.com/newslette…
Daniel Chen retweeted
Replying to @karpathy
@karpathy's AutoResearch made one thing visible:
the frontier question is no longer whether a model can answer once.
It is whether it can survive the loop.
That is why we built AutoLab.
161 evals | 23 tasks | 7 frontier models | 8,891 trajectories | 633M tokens
If you want to watch agents struggle, double down, pivot, and occasionally break through, come watch the Live Lab:
autolab.moe/live-lab
Daniel Chen retweeted
meta: my chat with Claude got too long while drafting this critique of the RLM paper. Claude couldn't fit the full conversation in context. so it grepped the local transcript file and pulled in relevant sections. context as external variable, examined and retrieved programmatically... wait, my Claude is already doing RLM?
the paper (@a1zhang, @lateinteraction). the core problem is real: models need clean separation between the context they're reasoning over and the intermediate results of exploring that context. tool outputs and sub-call results shouldn't pollute the window you're thinking in. context rot from accumulated junk is a genuine failure mode.
but this divide-and-conquer is already happening at the harness level and useful patterns are being RLed into models. plan mode → external checklist → Ralph Wiggum loops working through tasks one at a time with fresh context. subagents returning distilled results so junk never hits the parent window. context-driven file exploration (check length, grep structure, selectively read)...
do the above well and each sub-task gets a focused window with mostly relevant context. this is where RLM's recursive approach actually costs you — every sub-call is a fresh prefill with no KV cache sharing, plus scaffolding overhead. when context is mostly relevant and fits in window, a warm cache with full cross-context attention wins outright.
the training contribution is clean RL env design: the model can't read long snippets from the prompt, forcing it to learn selective exploration and recursive decomposition. but existing coding tools already impose the same constraint — Claude Code's read tool rejects files over ~25k tokens. models are already learning context decomposition because their harness tooling forces it when being RLed.
for frontier models, the path forward is better divide-and-conquer, better tool use for external context — transcripts, persisted state files, disk artifacts — and better RL for learning when to decompose. not a new paradigm. All these are already underway. some RLM patterns are already there, as the opening makes clear.
Daniel Chen retweeted
Few know what’s going on in el segundo
And we may look back on it as one of the most important things that happened in America this century
Daniel Chen retweeted
I was at the @LayerZero_Core event today
It genuinely felt historic
A gigantic leap forward in blockchain technology
Daniel Chen retweeted
The ticker is $LIT.
nitter.cf/Lighter_xyz/status/200…
Daniel Chen retweeted
We are announcing the Lighter Infrastructure Token (LIT)! Lighter is building infrastructure for the future of finance and the native token is key to aligning incentives. In this thread, we will describe the structure of the token, broader vision, and roadmap of use cases.
Daniel Chen retweeted
We’ve raised 17 million led by @PanteraCapital, with participation from @Sequoia and others.
Fin enables users and businesses to move millions of dollars instantly - whether to other Fin users, directly into bank accounts, or across crypto rails.
If banks and payment products could be rebuilt from the ground up today, they would look like Fin.
Daniel Chen retweeted
we first met w sequoia in May 22. They invested in Dec 23. @shaunmmaguire intro'd us to spacex (and pushed us hard to think bigger), @josephinekchen connected us to some of our first customers, @Alfred_Lin helped us reason through scaling problems ...
If you can meet w sequoia, do it. If you can partner with them, definitely do it. it might take some time.
they very much helped shape bridge
Daniel Chen retweeted
Working with @sequoia as our 1st investor was the best early decision we made in @privy_io's life.
Starting a company is brutal - but some investors bend reality in your favor so you get a toehold to change things!
@shaunmmaguire @josephinekchen definitely did this for us 🙇
Daniel Chen retweeted
Sequoia's Chief Product Officer, @jesskah, won't hire well-rounded people.
She looks for a "spikes" in 1 of 4 traits that predict success:
• EQ: One-on-one people skills
• IQ: Raw intellectual horsepower
• PQ: Ability to navigate politics/systems
• JQ: Judgment on decisions that matter
In this week's episode of The Library of Minds, we went deep on how this framework shaped her journey from Google PM to Polyvore CEO to Sequoia’s Chief Product Officer. Jess explains why velocity is the strongest early predictor of product-market fit, how choosing the wrong business model was her biggest mistake as a founder, and why she now believes AI will spark a new wave of consumer media.
00:00 Intro
1:00 Who is Jess Lee
02:50 The EQ / IQ / PQ / JQ framework
03:44 What early Google taught her
05:35 When ambition becomes a weakness
07:34 Customer discovery vs visionary intuition
09:31 Polyvore: from user → CEO
12:37 Imposter syndrome & finding authentic leadership
15:20 Picking the wrong market
18:24 Firing fast & setting high performance bars
20:12 Building cult-like community and emotional loyalty
22:13 Velocity vs delight in product
24:32 What she looks for in founders (turn-based velocity)
25:59 The business model wake-up call
27:27 Storytelling as a founding superpower
28:26 Hot take: consumer isn’t dead, it’s being reborn
31:50 AI-generated media, fanfic, and the next YouTube
Grateful to be working with her at @withdelphi !
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Daniel Chen retweeted
In 2020, @mansourtarek_ and @luanalopeslara dazzled us at @sequoia with a bold vision: make prediction markets federally compliant and mainstream.
Today, @Kalshi is available in 140+ countries and is one of the fastest-growing companies in the world.
Congrats to Team Kalshi. Proud to be on this journey with you from Series A to Series D and beyond.
Let's go!