This Week in Startups

11x in Trouble and China's AI Acceleration | E2103

55 snips
Mar 27, 2025
The podcast dives into the controversy surrounding a startup accused of using unauthorized logos and misrepresented finances. It also highlights China's rapid advancements in AI and EV technology, including a bold competitor to GPT-4 and a striking Porsche clone. Additionally, the conversation explores revenue recognition challenges in startups, emphasizing the importance of ethical practices and accurate accounting. Finally, a unique framework for scaling businesses is discussed, perfect for founders aiming for rapid growth.
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ANECDOTE

Misuse of Logos

  • 11x allegedly misused customer logos, including ZoomInfo's, for months despite legal threats.
  • This raises concerns about internal organization and transparency.
ADVICE

Avoid Contracted ARR

  • Use clear revenue metrics like actual cash in the bank.
  • Avoid relying solely on contracted ARR, which can be misleading.
ADVICE

Avoid Impropriety

  • Avoid any behavior in business that even just looks wrong.
  • The appearance of impropriety is as bad as the actual act.
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