[jumploops]

> How can we throw away years of work?

This trap has killed many startups, well before AI.

Now that code is cheaper to write, hopefully it becomes less of a problem?

In either case, founders should never fall in love with their solutions.

[grtteee]

It’s easier to view it in terms of DCF - the value of a cash flow generating asset = present value of expected cash flows discounted back at a risk discount adjusted rate. In other words what you’ve invested into your existing assets is irrelevant - the cash flows generated by them and the growth assets through future investment, is what matters.