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The Startup Ideas Podcast
THE BIGGEST STARTUP OPPORTUNITIES IN 2024 BY LEAN STARTUP GUY ERIC RIES
Dec 14, 2023
Greg interviews Eric Ries, author of 'The Lean Startup' and founder of The Long Term Stock Exchange. They discuss funding AI companies, the longevity of wrapper AI startups, maintaining company culture after going public, and startup ideas related to religion and AI accountability bots.
46:41
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Quick takeaways
- AI companies are now funded differently with a focus on governance and structure.
- Wrapper AI startups have potential for longevity and value creation.
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The Changing Landscape of AI Funding
The AI industry is experiencing a shift in its funding landscape, with leading AI firms being backed by different investors compared to previous technology waves. Unlike the SaaS and social media eras, many of these AI companies receive funding from corporate venture firms and attract older, more seasoned founders. One reason for this change is the public's growing awareness of the dangers of AI, leading to a greater focus on governance and structure within these companies.
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