Fascinating that you apply the sunk cost trap, usually aimed at established companies, to startups.
I would push the question one step earlier. It is not just "what" would you build today with today’s tools and today’s market. It is "why" you would start at all, and whether you still have the right to play in this arena (in this case after six years).
Because once the world changes, the harder question is not whether the old stack, roadmap, or thesis still holds. It is whether this is still a game worth re-entering, given your capabilities, position, timing, and the new competitive logic.
Sometimes the real pivot is not a new solution direction. It is admitting that the original reason to be in the arena no longer holds.
Professor Blank..."The search for Product/Market fit will become the search for AI Agent/Customer Outcome fit." I think these insights are as groundbreaking as when your Lean start-up/business model canvas came out. More importantly, founders are desparately needed to break the oligopoly cartel of big tech. The big tech platforms (and their investors) are engineering a future where they reap 100% of the rewards, while society and workers are saddled with 100% of the costs (and other 'externalities'....to the detriment of our system of democracy, way of life, & natural environment). Like many others, I've become anxious and exhausted with the impending AI job-pocolypse. Maybe Agentic AI can be harnessed as a tool for the underdogs to level the playing field.
As an engineer who's helping early-stage startups...
... most of them are definitely DOA. Lack of judgement or skill or whatever doesn't matter... it's ultimately about the people and if they can't get their shit together, then, everyone dies.
Was wondering what your opinion on AI was - glad you posted this because it confirmed a lot of the hunches we were having on our end.
You're completely right about the funding landscape itself - we're still working on crypto/NFTs at our team and the funding landscape has basically changed entirely over the last few years. (With most of the investment attention going to AI, like you said.)
The Case for "Slow" Social Media (Social Media for People With Attention Spans)
The gist of it is that most investors got bored of crypto stuff years ago and have moved on - but if we want to really see a revival of the industry we need to go *hard* on the decentralization stuff because it's been largely half-assed at this point. It's the antidote and hedge to the centralized-AI, when things in that area inevitably go haywire. That's gonna be our bet this year - largely invisible to most, except when the tides shift yet again.
Fascinating that you apply the sunk cost trap, usually aimed at established companies, to startups.
I would push the question one step earlier. It is not just "what" would you build today with today’s tools and today’s market. It is "why" you would start at all, and whether you still have the right to play in this arena (in this case after six years).
Because once the world changes, the harder question is not whether the old stack, roadmap, or thesis still holds. It is whether this is still a game worth re-entering, given your capabilities, position, timing, and the new competitive logic.
Sometimes the real pivot is not a new solution direction. It is admitting that the original reason to be in the arena no longer holds.
What do you think?
Professor Blank..."The search for Product/Market fit will become the search for AI Agent/Customer Outcome fit." I think these insights are as groundbreaking as when your Lean start-up/business model canvas came out. More importantly, founders are desparately needed to break the oligopoly cartel of big tech. The big tech platforms (and their investors) are engineering a future where they reap 100% of the rewards, while society and workers are saddled with 100% of the costs (and other 'externalities'....to the detriment of our system of democracy, way of life, & natural environment). Like many others, I've become anxious and exhausted with the impending AI job-pocolypse. Maybe Agentic AI can be harnessed as a tool for the underdogs to level the playing field.
As an engineer who's helping early-stage startups...
... most of them are definitely DOA. Lack of judgement or skill or whatever doesn't matter... it's ultimately about the people and if they can't get their shit together, then, everyone dies.
Was wondering what your opinion on AI was - glad you posted this because it confirmed a lot of the hunches we were having on our end.
You're completely right about the funding landscape itself - we're still working on crypto/NFTs at our team and the funding landscape has basically changed entirely over the last few years. (With most of the investment attention going to AI, like you said.)
The Case for "Slow" Social Media (Social Media for People With Attention Spans)
https://teia.art/objkt/878474
The gist of it is that most investors got bored of crypto stuff years ago and have moved on - but if we want to really see a revival of the industry we need to go *hard* on the decentralization stuff because it's been largely half-assed at this point. It's the antidote and hedge to the centralized-AI, when things in that area inevitably go haywire. That's gonna be our bet this year - largely invisible to most, except when the tides shift yet again.