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by tikkun 1126 days ago
It'll generally be the same as with other startups.

Using GPT of course isn't a moat in and of itself.

So, it'll be companies that can do the following:

1) Build a product that people love

2) Then, reach those people, eventually at scale

3) Then, monetize those users

4) Then, build some kind of moat to enable pricing power

For now, most AI startups are best focusing on #1. This is where most GPT powered tools fall short.

ChatGPT is popular because it was so good that people had to keep coming back and using more of it, and they had to tell other people about it. ChatGPT's utility was measured against a pre-ChatGPT world.

The bar is now higher, because that means whatever you're building has to meet the same 10x or 100x better than existing alternatives bar, except now your users live in a world where ChatGPT exists.

In short, the GPT startups will thrive are those that can build products that are 10x better than whatever users are doing now.

1 comments

Practical takeaways:

Build deep relationships with your customers, understand their world, and have a high shipping cadence pushing out new versions of your product multiple times a week until you build something so good that they'd be really disappointed if they couldn't use it anymore.