Advice for AI startups: sell work, not software.
VC investor Sarah Tavel suggests that LLM-based software companies should avoid selling end-user productivity, and instead sell a complete work output. ~ learn more
VC investor Sarah Tavel suggests that LLM-based software companies should avoid selling end-user productivity, and instead sell a complete work output. ~ learn more
Indie draws parallels between low budget movies and low budget startups. A quote from producer Jason Blum, who generated $193 million in box-office revenue on its $15k budget for Paranormal Activity: “The single biggest reason people don’t replicate the our […]
A bit of publicity almost killed this startup, Bobbie, by drawing the attention of regulators to their pilot. This is the story of how they turned the situation around and capitalized on the moment. A couple years since this article […]
“There is nothing inherently “wrong” with venture capital. Its impact and ability to fund, and rapidly scale, businesses is undeniable and highly valuable. But there is an underlying business model driving behavior that many overlook or ignore until they can’t […]
“The big late-stage pivots tend to look too early from the outside and to feel too late from the inside.” ~ learn more
VC Hunter Walk suggests a wild strategy for those who face a dwindling cash pile and no prospects of a fundraise: announce publicly that you’re for sale. ~ learn more
Carta’s doing some content marketing with their data (which is arguably pretty good). “Total venture capital raised by startups plunged 80% from Q1 2022 to Q1 2023. Venture deal count fell 45% over the same span. Overall, Q1 was the […]
How should a founder process this sort of feedback? Neither by flatly dismissing it, nor by giving up because of it, but by doing the homework to understand why this time is different. “Each generation of founders comes back to […]
Recommended reading for anyone who spends time around early-stage businesses. “Many startups fail despite identifying a real problem and building a product that solves that problem. This explains why, so you can avoid their fate.” ~ learn more
“Taking small checks from angel investors often leads to introductions to other investors, resulting in a multiplicative effect, or the “money multiplier.” These angel investors often work in the tech industry and are keen to help startups grow. As a […]