Twice, while building startups, competing technology was released that made what we were making obsolete before it was even completed.
What is rarely mentioned is that AI will make most companies obsolete.
A new company would have a nearly impossible time competing in technology.
If I were starting a company today, I would first look for a mission
While AI is making product development faster, it is also reducing the value of software companies.
You must understand the game you are playing before you can win.
While capital markets are like chess, VC investing is most similar to poker.
A good founder's story opens the door to raising funds, closing sales, and improving products.
Your story must give personality to the mission.
The founding team must come together for a mission they believe in.
Ray explains that the economy works like a simple machine.
A few years ago, I built and sold a company based on predicting volatility in capital markets.
