In 1997, Apple was 90 days away from bankruptcy Everything is possible, as long as you don’t run out of cash

If you have, or, worse, need new year resolutions, you must be doing something inherently wrong in your life and, particularly, lacking in self-knowledge.

Figure 01 has learned to make coffee ☕️ End-to-end AI system, trained in 10 hours, just by watching humans make coffee Our neural networks are taking video in, trajectories out Join us to ship a fleet of AI robots: figure.ai/careers

I know those hot start-ups seem to be lapping you, Growing faster, Raising bigger rounds You should worry But here’s the thing UiPath took 10 years to get to $1m ARR. It’s worth $10B. Procore took 10 years to take off, only once mobile emerged. It’s worth $8B. Etc.

ok this demo is better than apple's actual ads for vision pro 🤯

Think about it: - Meta does ~$130B in revenue. 1.1 TRILLION in market cap. That kind of scale is unfathomable (for context, its 2x revenue of Unilever, one of the physical world's 'great' companies and >100 years old) - He leads 67k employees - The man does not rest. He's in the

Each of these rebrands cost $20-100M in salaries + agency and consultant expenses

you’re based if you know

I feel like we are funding AI startups like there will be 10-20 winners per category

Jensen Huang (co-founder + CEO of NVIDIA) hand delivering the first DGX GPU to Elon Musk and the rest of the OpenAI team (2016)

> Models will become a commodity > OpenAI knows this > Even AGI will be found via multiple architectures, by many people independently > What do you do? Build your moat > Experiences, product, partnerships, legislations, capital It’s really a master class before our eyes

*taps the sign*

Founders, it’s ok to roll your eyes when a VC asks “what’s your technical moat?” My take: technical moats no longer exist in software. It used to be that you could launch a product with a technically capable team and enjoy a two to three-year advantage. But now… there are

VC requirement for SaaS companies to scale to $10M ARR in record time is BS. UiPath: $500K 10 years in. Klaviyo: $1M ARR 3 years in. Lightspeed: $10M ARR 8 years in. It takes time to nail true customer love. Be patient, stay lean, remain super close to your customer.

It's time to update this meme

Being a CEO can be overwhelming. There is so much to do. Let me make it simple. CEO has one job: Don't run out of money. You have three tools - sell something - cut costs - raise capital. Everything else is a distraction.

It might turn out that the GPT wrapper has more of a moat than GPT.