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> Of course a certain level of disclosure is required by the SEC if you want to be traded publicly… This is what I find confusing, there isn’t some magic switc

> Of course a certain level of disclosure is required by the SEC if you want to be traded publicly… This is what I find confusing, there isn’t some magic switch that gets pulled when you are required to disclose financials which protects you from the downsides to being open. If your product can be trivially copied, like an AI email writer, I’m going to guess the problem wasn’t how open you were during the development process. Everyone has come out with their own “Do X with AI” at this point with zero hope to monetize beyond charging for compute time as the market is fully saturated.

crabmusket 4y ago
Exactly. Competition is a fact of business, and while the example in the article was pretty egregious (launch tweet was identical down to the placement of emojis), it's going to be hard to succeed if you can't take those lemons and turn them into product differentiation lemonade.
mst 4y ago
"Do X with AI" is obviously going to be something where competition should be expected. Cloning the UI and the launch tweet was still a bit much, though.