The (NOT SO) obvious signs of a successful AI startup
A graveyard of AI portfolio
A successful AI startup need not have:
a super strong defensible long-term tech moat (sorry VCs: most startups will not have a strong defensible tech moat..even OpenAI doesn’t have one)
branding, UX, tech, proprietary LLM as a moat
.AI-led branding strategy (no more shouting ‘We are an AI startup’ from the top of your lungs.
Instead, a successful AI startup will be:
A graveyard of a lot of failure products (translates to iterative mindset).
A full-stack product (own end to end experience/value chain, maximizing the value and hopefully, better LTV)
A portfolio of products - solving the core and the lateral problem statements,
A strong focus on JTBD (jobs to be done) of customers, i.e. focused on solving the problem.
Thoughts?