BEAMSTART Logo

HomePeopleProfile

Sam Damashek

Founder, Olive Legal 


Join Date

October 2024

Gender

Not Specified

Age

Not Specified


About Sam Damashek

Sam is the co-founder and CTO of Olive.

He worked for three years at Jane Street on the options trading desk writing algorithmic strategies using applied ML, for two years in NYC and then one year in Hong Kong, where he built out a satellite dev team for the Asia options markets.

He graduated with a BS in Computer Science from CMU, where for some reason he led a fledging constitutional law debate team, never to victory though frequently to Ohio.

Companies & Work

Olive Legal

Olive Legal

Historically, quantitative models are domain specific. Brilliant people spend their best years testing features, tuning hyperparameters, and iterating architectures within a narrow domain. But scale is the panacea: large models will find patterns people, and specialized models, could not.

Forecasting generalizes. Zoa trains cross-domain event forecasting engines.

*Automating Iteration*

LLMs—embedded in multi-agent optimization loops and evaluated against fixed policies—can automate the build-test-improve modeling cycle. Think AlphaEvolve for forecasting problems.

*Sample-Efficient General Models*

Today’s forecasting models are narrowly crafted with deep human priors. But larger models will outperform state-of-the-art specialized models.

Unlike existing event models, our models leverage data from across contexts and rely less on human intuition. And compared to LLMs, our models are built with more inductive priors and rely more heavily on inference-time compute—improving sample efficiency.

*Why It Matters*

In the real economy, our models could be useful for forecasting supply chain volatility, energy supply and demand, even earthquake risk.

Science is, Ian Hacking writes, the taming of chance. It is the process of iteratively updating priors (something like: identify uncertainty, conceive experiment to reduce uncertainty, execute, update). If science is uncertainty-reduction, forecasting is a critical measure of progress.

Better forecasting improves our ability to select interesting experiments (roughly those with greatest expected uncertainty reduction) and update priors. Our models will be used by labs and academics in data-heavy domains.

Sam's ex-girlfriend introduced him to Greg back at Carnegie Mellon in 2017, and while that relationship didn't last, their friendship has. After college, Greg went to Harvard Law School, while Sam worked for three years at Jane Street on their Options desk, building & leading a satellite dev team.

Share This Profile

Featured Members from United States

George Cheng

Founder, Code Four

Wyatt Lansford

Co-founder & CTO, Pally

Jason Spector

Founder, Lucite

Riyan Moussaoui

Founder, FutureClinic

Rachel Lee

Founder, Scritch

Aditya Sood

Founder, Contrario

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.