I think the mistake too many entrepreneurs make is they start companies assuming they have scale. We’ve seen no scale, we’ve seen hyperscale, and what we realized was what we have to do is we have to start with that utility and the best networks. I didn’t realize Chris wrote that post, but I should maybe in the back of my mind that’s what I was... See more
In today’s idea machines, an ideology serves as the coordination mechanism for ideas – as foundations once did – making it easier for both sides to find each other. It attracts operators who resonate with its ethos and have ideas for how to bring it into fruition. On the other end, it also attracts (or is even initialized by) funders who want to... See more
Or more specifically, generative AI applications are like water. We've looked at hundreds of AI companies, and much like bottled water, many of them are the exact same under the hood.
This is just the reality: there will be 100 teams trying to do what you are doing, in the same way you are doing it. True tech differentiation in AI... See more
I've been trying to create a "social network for makers" for the last 15 years with different approaches.
I made what was basically WIP multiple times 10+ years ago, but it failed each time. The reason is, that a super early, super small community has different needs from a later stage, larger... See more
Americans are back on their entrepreneurial grind, after a 40-year decline in entrepreneurship.
New business applications by year:
2019 3.5 million
2020 4.3 million
2021 5.4 million
2022 5.1 million