

How to Sell Picks and Shovels in an AI World
Jun 29, 2023
Emma Lawler, the founder of Velvet, shares her insights on building infrastructure for app authentication in the era of AI. She discusses trends to watch in the post-Web3 landscape and highlights the potential of the picks and shovels approach in this AI revolution. Emma emphasizes the importance of community and collaboration in remote work, revealing how adaptability and strategic networking are crucial for entrepreneurs. She also touches on the evolving relationship between technology and user trust in the digital age.
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Moonlight Acquisition
- Emma Lawler sold her first company, Moonlight, during the pandemic.
- The acquisition process was surprisingly smooth, unlike many deals that fall apart.
TBH Near Shutdown
- Nikita Bier almost shut down TBH before its sale to Facebook.
- He launched it as a last resort, demonstrating the importance of tenacity.
Business Fragility
- Businesses are fragile, regardless of size, as seen with Google's reaction to AI.
- Even large companies can be vulnerable to disruption, highlighting the need for adaptability.