How to get 1 ChatGPT account to talk exactly the way investors want to be talked to

ChatGPT appears to be the hottest thing right now on the internet. Everyone is talking about it on YouTube, Twitter, and other social media platforms. Anybody can test it, even if it has to do with AI, and feel how powerful it is without having a PhD. In continuation of a previous post about AI and how a random guy with some skills in PHP can create and train a working AI model in 40 minutes, I think timeNough deserves its own post about this next big phenomenon.

As a chat driven by AI, the point is to ask a question and be answered by a machine. There is obviously some language involved here. I wish to focus on one topic in this article: investors’ language, and the language they expect founders to speak, to understand. Since I don’t know a lot of investors in my network, I haven’t spent a lot of time watching videos from investors, reading books or articles from them, I needed a shortcut, a way to get it faster and for free.

A brief introduction to OpenAI’s ChatGPT

ChatGPT is a large language AI model challengeable through an online chat interface, created by OpenAI, a for-profit US-based company OpenAI LP, founded in December 2015 by Sam Altman and Ilya Sutskever. Their previous big achievement was DALL·E 2, a new AI system that can create realistic images and art from a description in natural language. It was released in 2019 with extensive social media and press coverage.

The other major project of the company is called GPT-3, with a breakthrough release in 2020. On November 30th, 2022, they released a new major update called GPT-3.5 release 2022 or ChatGPT, and this time, it was tremendous – the excitement and interest among the internet were and are still much greater this time. Everyone talks about it. In this YouTube video, ColdFusion TV discloses that they received 1 million users within just five days, which speaks volumes about the interest people have in such innovations.

As of the date of this post, chatbots or online AI chat apps are no longer boring, or inconsistent in their interaction, and asking open-ended questions about any topic, and receiving a non-hand-coded response, has a clear market with virtually unlimited potential. Essentially, ChatGPT mimics human writing by learning language from the internet and analyzing massive datasets. GPT-4 is announced for 2023 as the successor of GPT-3, as the first AI that can write convincingly — if not perfectly — like a human, as the best chatbot ever.

How to create an account and start using the online chat

GPT3.5 release 2022 adds human feedback to the training process, which they call “supervised reinforcement learning“: during training, multiple versions of responses by the AI are rated by the humans by quality, and the AI is digitally rewarded for improving. The model is fine-tuned and the process repeated a few times, resulting in a 100x smaller AI language model that performs better than the previous version. The results are simply outstanding.

1. It is very simple to register for an account by clicking on the following link: auth0.openai.com/u/signup/identifier. You’ll just have to indicate an email address, to complete the reCAPTCHA field and to click on Continue. The option of signing up with a Google account or a Microsoft account is also available. A confirmation email will be sent to you shortly thereafter, and that’s it, you now have a free OpenAI account.
2. The second URL I need to provide you is for the landing page once your account has been confirmed and you have logged in: beta.openai.com/overview. You will find four links in the top bar and on the left: Overview, Documentation, Examples, and Playground. To gain a better understanding of what OpenAI does, I recommend you begin by clicking on Examples. An integral list of all the services and tools they made with APIs should be available for you to review. In the search field, if you type “chat”, five services should be listed, including the one of interest for this article: ChatGPT.
   
3. Playground, the fourth link in the top left bar, is a quick way to experience all OpenAI innovations such as ChatGPT, by typing anything into the large field and clicking the green submit button. The list of gauges and adjustment fields on the right can, however, be overwhelming for newcomers and people who don’t want to customize anything, just want to feel the chatbot. In essence, these settings serve only to pilot and configure the AI engine behind the scenes.
4. Once you have authenticated, the fattest way to test ChatGPT is by visiting the following third URL: chat.openai.com/chat. This time there is no configuration field, just a central input that allows you to initiate a conversation with the AI, and if it is a question or an instruction, the AI will answer it. There is no restriction as to what you can ask, but really, anything goes. Using this simple interface, ChatGPT has gone viral, so viral that even most credible content publishers say that ChatGPT can replace jobs as it is…

What types of questions might investors ask founders?

As stated in the beginning of the ColdFusion TV YouTube video, current chatbots are mediocre at best, they are jokes, but ChatGPT will change the game by being a program that can:

Accordingly, all the individuals whose job is described in that non-exhaustive list, even freelancers, are now rendered worthless, and ChatGPT is now replacing them. That’s quite violent for people who are coaches, personal trainers, programmers, growth hackers, scenarists or even ghostwriters!

Imagine what could happen with the coming versions of ChatGPT such as GPT-4 or GPT-5. The predictions made by Elon Musk at the Shanghai World Artificial Intelligence Conference on August 29th, 2019 about AI replacing many existing jobs could be realized. It appears that the replacement process began in 2022…

AI will make jobs kind of pointless […] Probably the last job that will remain will be writing AI software, and then eventually the AI will just write its own software.
Elon Musk

Let’s say the job that is supposed to disappear is the position of: startup advisor, for instance. The person who is supposed to help people like Benjamin and me Arnaud, with any topic and endeavor we may undertake during our venture journey. Starting with building a prototype, getting people to test it, getting visibility online, and talking to investors.

Assuming that ChatGPT is supposed to make this job obsolete, let’s start by asking the chatbot a question that I might ask this person, to see if the answer would convince us that it is worth considering in our fundraising efforts, to see if we can prepare meetings with investors by simply using ChatGPT.

As you can see right away in this YouTube video of the timeNough channel, I decided to type in the central field an instruction, rather than a question. I need the chatbot to provide me with some information, advice that a startup advisor would provide to me. It is imperative that I prepare myself for the questions an investor may ask me at a first meeting, and if possible, I should be able to provide credible responses in return. As a result, let’s type:

Come up with short answers to the 10 most common questions an investor would ask. The answers should be detailed and quantitative.

In less than 5 seconds after I clicked on the sending icon, ChatGPT replied to me with a comprehensive list of 10 possible questions. The amount requested was understood by him, and as you can see above, I intentionally added another sentence to my instructions to the AI. I asked him to provide detailed and quantitative information in his response.

I recommend you to do the same in similar cases, by always indicating two parts: a main instruction followed by a second precision with a specific tone, such as if you require a clarification of the main instruction. You should not be afraid to be demanding and strict, like a captain or a boss who has high expectations for his employees.

Please ChatGPT can you prepare me a cold email to investors?

Naturally, I will not request it in that manner. There is no need to beg or to include a please in this field. In most cases, you just need to state directly what you want, right down to the TODO by starting with the action you require. I now know what language to use when I am in front of investors and how to be understood by them, so let’s proceed to the next step: writing a cold email to investors, in order to get a meeting.

Create a cold email that I can send to a prospective investor that summarizes the investment opportunity for timeNough. Make it very arrogant so that the reader will feel a fear of missing out if they don't invest. The tone of the email should be degrading.

Let’s be more aggressive, arrogant, and cocky this time, as well as being aware of a phenomenon that is largely ignored by founders about investors: the Fear of Missing Out. Of course, a cold email might be a great challenge for triggering the FOMO of an investor, however let’s ask ChatGPT if, based on the massive amount of data he has been trained with, he is able to demonstrate to me the elegant way in which this topic can be mentioned in an e-mail.

As shown in the screenshot above, where you can view the answer from ChatGPT, my main instruction is complete by 2 others: one indicating how the action should be performed, in order to elicit a particular reaction from the investor, the FOMO and the feeling that if he/she does not invest he will regret it, and another indicating the tone of the communication: degrading.

Dear Prospective Investor,

You have the opportunity to invest in a revolutionary startup called timeNough, but let me warn you, this opportunity will not be available for long. We are currently seeking only the most elite and successful investors to join our ranks and help us change the world.

As a timeNough investor, you will have the chance to be a part of something truly special. Our team is made up of the most talented and ambitious individuals in the industry, and we are determined to succeed at all costs.

Our technology is unparalleled, and we have already seen huge success in the market. Our competitors are struggling to keep up with our innovation and growth.

If you want to be a part of something truly special, and if you want to reap the rewards of investing in a startup that is destined for greatness, then I urge you to invest in timeNough. But don’t delay, as I mentioned before, this opportunity will not be available for long.

Sincerely,
[Your Name]
Founder and CEO of timeNough

ChatGPT’s answer

The reason? I suppose, as a founder, that a lot of founders speak in this manner: demeaning, and maybe investors do as well, maybe they like that. Since it is a program and not a real person who could decide to discontinue offering his advisory services because of my way to speak, I can just play around here. Let’s have a little fun with it. Furthermore, it is free of charge.

Final thoughts and perspectives

To me? After testing ChatGPT for the purpose of gaining a sense of how investors might like to be spoken to, it is evident that it is a significant advancement for the AI world as a whole, chatbots included. However, it is not the viewpoint of everyone online today. I found this blog post on the first page of Google when I searched for “best AI content writer“.

According to the author, there are 21 tools he suggests for 2023, and the only tool that surpasses each other in terms of language and generated content, and the only tool that is completely free, rather than the other tools that require subscriptions, is ChatGPT by OpenAI. And he put it at the last place of his rank. In my opinion, this makes no sense, so maybe he will update his publication. He deserves credit for indicating the price of the subscriptions.

Having personally tested Jasper AI, Grammarly and Wordtune, as well as paid for them, I can attest that there is a significant gap between ChatGPT and them. You can get far more results and for free, than paying for just a tool that will correct your speech or suggest alternatives. As well as doing the same, ChatGPT does so more efficiently.

Musk predicted that all jobs invented by humans would be replaced, but there is no doubt that in the first phase, a lot of the startups proposing the listed software (sometime their names end with AI) have something to fear, and may be replaced or rendered ineffective. Even if most of them raised millions of dollars from venture capitalists, ChatGPT can clearly cause them trouble on any level, including losing active users if they do not catch their late. One release and that’s it.

Finally, and this is more for people with an interest in programming and coding, OpenAI proposes and maintains an API, just as we do at timeNough here and there, and these providers may not inform you, but behind the scenes they are maybe using the OpenAI API, charging you for something you may not know the reason for, we do not know…

In light of this, it is evident that we will consider developing our prototype with both an organic AI model trained locally and the OpenAI API within the engine in the future, as explained in this post. As ChatGPT is based on an already-trained model, combining it with the model of a client company can provide extraordinary results in terms of Workforce Behavior Prediction.