@GergelyOrosz: From a Head of Engineering who spent a week in SF, meeting a bunch of AI startups: "When I was back, I wrote a memo abo…

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A Head of Engineering shares impressions from meeting AI startups in SF, warning that many lack a business model, and advises established companies to be cautious in copying their practices.

From a Head of Engineering who spent a week in SF, meeting a bunch of AI startups: "When I was back, I wrote a memo about my impressions. The #1 was how these amazing startups I met: they mostly did not have a business. But we do. So be VERY careful in copying what they do. It's easy to act all confident that doing X or Y is "the" way to do things, when your business is spending more money every month than what you generate, as you are searching for what your business will actually be. It's a different game when you have a business like us, and we're searching for how we can make it either bigger, or more efficient."
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From a Head of Engineering who spent a week in SF, meeting a bunch of AI startups:

“When I was back, I wrote a memo about my impressions. The #1 was how these amazing startups I met: they mostly did not have a business. But we do.

So be VERY careful in copying what they do. It’s easy to act all confident that doing X or Y is “the” way to do things, when your business is spending more money every month than what you generate, as you are searching for what your business will actually be.

It’s a different game when you have a business like us, and we’re searching for how we can make it either bigger, or more efficient.“

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