Startup Advice
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Startup Advice
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
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
You need 2 types of people to keep early-stage startups from stagnating:
- someone who’ll shamelessly sell the product before it’s fully ready to be sold
- someone who’s embarrassed by this and will push to improve the product faster
nametwitter.com
The archives of human cleverness are filled with blunders. When read in a good mood, history is a blooper reel. But it should not be lost on us that history never repeats, and modern technology enables ever more leverage. The more technology you can harness to commit an idea, and the faster your idea can spread, the greater the magnitude of... See more
Simon Sarris • Long Distance Thinking
A simple rule of thumb for what makes an idea venture-scale is having a path to $100 million a year in revenue and hitting $1 billion+ valuation , in 10 years . Essentially, can you get big, fast? This is what VCs need to invest in in order to make their fund economics work. Very few ideas can hit this scale, and it’s important that you recognize... See more
Lenny Rachitsky • Your startup idea probably isn’t venture-scale
A unique idea is powerful.
But truly original ideas — if there is such a thing — often struggle to gain traction with people who don’t have any reference point for them.
But truly original ideas — if there is such a thing — often struggle to gain traction with people who don’t have any reference point for them.