Startup Advice
sari and
Startup Advice
Airbnb cofounder: "I thought of a way to make a few bucks"
September 22, 2007 https://t.co/mPPTqLO04z
Don't Just Throw Together a Webinar — The Virtual Events Crash Course You Need
First Round Capitalreview.firstround.com.jpg)
- The 7 sources of power:
- Brand: Your unique brand identity attracts and retains a significant number of customers.
- Process power: You can produce something more efficiently than competitors, and the competitors can’t easily copy the method.
- Cornered resource: You have exclusive access to a vital resource, such as the only rights to a patent.
Business strategy with Hamilton Helmer (author of 7 Powers)
Time to Value is a metric that considers the amount of time required after starting to use a product for the user/customer/buyer to begin experiencing meaningful results.
For example, if you buy a car and drive it off the lot, the TTV value — let’s call it a TTV ratio — is basically 1:1. You buy the car, you start driving to where you want to go,... See more
For example, if you buy a car and drive it off the lot, the TTV value — let’s call it a TTV ratio — is basically 1:1. You buy the car, you start driving to where you want to go,... See more
A Powerful New Metric for Evaluating a Startup’s Potential for Success
My philosophy re startup speed has completely changed over the last few years.
I grew up at Uber, professionally, which held speed as the absolute, ultimate goal.
Now, I still value speed, but hold quality as the binding constraint.
Flo Crivellotwitter.comagree w/this point. speed gets less important the more competitive your market is. when the market is already full of crap you really need to rise above the rest
- To create a product that grows organically, you need to “surprise and delight” your customers. You can’t do that by simply meeting a user’s expectations, you have to surpass them. And doing that takes time. (h/t Scott Belsky)
Things I'm thinking about
So, what exactly has OpenAI done differently? Expanding on Altman’s comments and adding a few others.
- Going to market with a consumer and an enterprise product. ChatGPT Enterprise just launched. There’s ChatGPT Plus for $20/month for consumers. Is ChatGPT just product-led growth for the enterprise product, or will OpenAI run two playbooks: one to
Matt Rickard • The Contrarian Strategy of OpenAI
Something I told 9 yo: If you're a maker, resist being told what to do by people who aren't.
Paul Grahamx.com