Pounce Technologies Inc. V.POI.H

Competitor Visual Recognition Raises $30M USD Equity

[TheFactsAbout]

I have been following the Slyce adventure since 2 years - even invested - and now I am convinced we're going no where. I was motivated into investing when I believe in what I thought was the Business traction - Slyce has been over-communicating about contracts they were signing but none of it turned into big Cash - and eventually this has caught with them with Slyce crazy cash-burn.

Just read that competitor CLARIFAI just raised $30M USD : Now they seem to have a technology when Slyce does not seem to have anything at all. Should really have invested in CLARIFAI instead of Slyce.

CLARIFAI is probably the ones working with the Pinterest, and co. Not Slyce although I had thought so as Muab suggested in this post board - otherwise why would CLARIFAI manage to raise funds when Slyce is only at $3M valuation ? Apparently investors do not believe in our story.... they must somehow be able to compare the cash and client traction between Slyce and the other companies in the Visual recognition space - and are voting Slyce out.

See below the article concerning CLARIFAI recent $30M raise in TechCrunch :

https://techcrunch.com/2016/10/25/clarifai-raises-30m-to-give-developers-visual-search-capabilities/

See below the article concerning the CLARIFAI $30M raise in Venture Beat : 

https://venturebeat.com/2016/10/25/deep-learning-startup-clarifai-raises-30-million/


No mention at all about Slyce. As if Slyce did not even exist for them in this space. And when Slyce is hardling doing small tiny bridge funding. I think we have 1 month left before our Slyce story ends comopletely due to crazy cash burn. Thanks BIG. Thanks C Chell. They are professionals of scam. I am actually really furious when I see what others such as Clarifai have managed to built while Slyce has simply completely failed. Human tagging and nothing else. What could I have expected else ? Lessons learnt.