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Entrepreneurial Thought Leaders (ETL) cover image

Andrew Ng (AI Fund) - The Near Future of AI

Entrepreneurial Thought Leaders (ETL)

NOTE

Build Long-Term Defensible Businesses

Many products, like Lenza and a flashlight app, experienced initial success but could not sustain themselves as they were built on thin software layers over someone else's powerful platforms. In contrast, businesses like Uber, Airbnb, and Tinder, which developed on the smartphone platform, proved to be longer-term and more valuable due to their defensibility.

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