The Contrarian Strategy of OpenAI
There are 3 ways to successfully generate outsized returns in venture:
1) Find an obviously great company before anyone else.
2) Compete to win an allocation into an obviously great company.
3) Have a contrarian perspective on a company that everyone else thinks isn't great, and be right.
All of the above can work, but require very different sk... See more
The end of incrementalism: how AI will reward maximalist start-ups
Philip Clarkphilipjclark.substack.com
- How valuable is what I’m doing?
- What makes this hard for others to do?
- Could this get dramatically easier because of what others launch or how the industry evolves?
- If this does get easier, do I have a “Plan B” to create differentiated value?
Note: An early version of this post appeared in my personal blog (still a work in progress). Decided to