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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Is More Compute the Answer to Model Performance | Why OpenAI Abandons Products, The Biggest Opportunities They Have Not Taken & Analysing Their Race for AGI | What Companies, AI Labs and Startups Get Wrong About AI with Ethan Mollick

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Innovate Boldly, Not Incrementally

Startups often suffer from a lack of ambition in the face of rapidly evolving technologies like AI. They tend to focus on incremental innovation, seeking product-market fit through established lean methods, which prioritize immediate market needs over breakthrough innovation. This approach, driven by a funding environment that emphasizes quick financial returns, stifles creativity and imaginative thinking. As a result, startups may lag behind more innovative competitors, as they are incentivized to solve current problems rather than envision transformative solutions.

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