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Correction: 99% of all startups are not providing real customer value. They would all die. The other 1% however, bring real customer value and go on to become a
by jryle70 2y ago
Correction: 99% of all startups are not providing real customer value. They would all die. The other 1% however, bring real customer value and go on to become a success. AI startups included.
> do not deserve to get funding on merit
What is the criteria to decide here? If you know please. I want to drop everything and invest in them.
- Lionga 2y agoCriteria is providing real customer value. Now go drop everything and figure out who is doing that.
- herbst 2y agoMany do. The question is can I recreate their exact business with a few lines of code?
- meiraleal 2y agoNo, you can't create a business with a few lines of code. Developing and marketing an app is so difficult that it is called "fullstack" and most people that call themselves fullstack developers aren't capable of doing the full stack.
- herbst 2y agoI've seen a obvious ChatGPT wrapper being funded on a local variant of Shark Tank just because it was actually a nice idea. We've gone way to far already.