Comment on AI: Startup vs Incumbent Value (2022)parentComments−Animats3yThat's a different kind of business problem. Each transaction is profitable but profits are not sufficient to grow fast. This is different from each transaction being a loss.−fakedang3yYes, now how many startups today have a profitable transaction in the first place? Certainly not Uber, Twitter, Doordash and possibly even OpenAI.
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That's a different kind of business problem. Each transaction is profitable but profits are not sufficient to grow fast. This is different from each transaction being a loss.
Yes, now how many startups today have a profitable transaction in the first place? Certainly not Uber, Twitter, Doordash and possibly even OpenAI.