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Being early vs late as a founder
Welcome to Startup Strategist by stratup.ai. It's Friday, and we hope today's topics are useful.
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News
1) ‘Microsoft, Nvidia Lead In Investing In AI Startups, But Others Close Behind’ (Crunchbase)
According to the Crunchbase article, Nvidia has participated in 10 VC-backed AI companies, 7 being $100M+, this year.
Being early vs late as a founder
An idea from Startup Archive relates to one of the topics from two editions ago. Here is an excerpt from last Fridays edition of Startup Strategist.
“Many people looking to build a startup are drawn to the current ‘high growth industries’. The news cycle will focus on these. The book Smart Startups, touches on this, and recognizes that “if an industry is already experiencing high growth, you might be late to the table to benefit from that growth.” Small industries can experience high growth for some time and not be close to maturity, of course.”
On the other hand, as quoted in Startup Archive, Marc Andreessen says “great founders almost always feel like they’re too late, and you’re almost always too early.” As for why, Startup Archive writes “Because the idea seems obvious to the founder.”
Resources
1) ‘How not to fail’ - Jessica Livingston (“I don’t know a single case of a startup that felt like they spent too much time talking to users.”)
StratupAI Generated Idea Community Green Energy Crowdfunding Platform
“Transitioning to sustainable energy sources is a critical step in combating climate change, but the high upfront costs of renewable energy installations can present a barrier for many individuals and communities. A unique startup idea that combines crowdfunding with green energy is a platform that enables people to collectively fund green energy projects in their local communities. This platform would allow users to browse and invest in solar panel installations, wind farms, or other renewable energy initiatives, bringing environmentally friendly power sources to neighborhoods while providing investors with a stake in clean energy production. By leveraging crowdfunding for green energy, this startup could accelerate the adoption of sustainable practices, empower communities to take control of their energy sources, and reduce carbon emissions on a local scale.”
Disclaimer: The startup ideas shared in this forum are offered for educational and informational purposes only, and are non-rigorously curated from the stratup.ai idea generator. Individuals utilizing these concepts are encouraged to exercise independent judgment and undertake due diligence per legal and regulatory requirements.
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The startup ideas, strategies, and suggestions shared in this forum are provided for general discussion and informational purposes only. Any individual or entity considering implementing these concepts should exercise independent judgment and conduct thorough due diligence in accordance with legal, regulatory, and industry-specific requirements. Startup Strategist does not guarantee the accuracy, completeness, or suitability of any information shared. It is recommended to consult with legal, financial, and other relevant professionals before proceeding with any business ventures or decisions.