An MVP is a basic early version of a product that looks and feels like a simplified version of the eventual vision. An MVT, on the other hand, does not attempt to look like the eventual product. It’s rather a specific test of an assumption that must be true for the business to succeed. In an MVP, you try to simulate the entire car. In an MVT, you... See more
Banks and investors tend to be uncertain about lending to carbon-removal companies that want to build a facility to test their ideas, Ransohoff said. But with an offtake agreement from Frontier, a carbon-removal start-up can prove to a bank that it will have a customer once the facility is up and running.
Someone once asked me recently if I had any advice on how to predict the future when I wrote about social and technological trends. Sure , I said. My advice is that predicting the future is impossible, so the best thing you can do is try to describe the present accurately . Since most people live in the past, hanging onto stale narratives and... See more
BTW, OpenAI is raising funds at a $90 billion valuation — a threefold increase from earlier this year. It has real revenue and explosive growth. When will it go public? A: When existing shareholders believe there is no additional upside.
What’s easy to overlook is that networks and trust compound like any other asset, and every time you switch jobs or careers you reset the clock to some degree.