However, there are concerns about Termina handling sensitive data, especially given its ties to Tribe Capital. Sethi dismisses these concerns, stating that Tribe and Termina have different strategies and that he has built a lot of trust over time. Despite these assurances, Tribe Capital, which owns a stake in Termina, is a relatively young firm and has yet to prove itself. Furthermore, Termina's clients are not exclusive and could switch to a better platform. Despite these challenges, Sethi remains confident in Termina's data and product quality.
Key takeaways:
- Arjun Sethi, co-founder of venture firm Tribe Capital, is developing Termina, a subscription-based AI software platform for quantitative diligence that aims to improve results for investors.
- Termina has two main products: a dashboard that helps investors quickly gauge the health of any company by comparing it across the companies in Termina’s dataset, and a tool designed to help investors understand external market forces.
- Termina's biggest starting advantage is transactional data on roughly 1,500 companies that it has fed into more than one large language model, along with an LLM that Termina has created to enhance investors’ benchmarking capabilities.
- Despite concerns about the handling of sensitive data, Sethi dismisses such worries, stating that Tribe and Termina have two very different strategies and that he has built a lot of trust over a long period of time.