There's a lot of doom and gloom around the big tech layoffs right now. But as we saw from '01 and '08, generally the biggest new startups will come out of these times. What's the trend like in VC right now?
Safe bets. Experienced teams starting something in a field they know well, promising to gradually improve something and make decent returns.
Essentially the opposite of the frothy bubble startup, where Stanford dropouts with zero experience promise to completely revolutionize an industry where they've never worked.
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[ 3.2 ms ] story [ 15.8 ms ] threadSaw this recently - Chatbot Character.ai valued at $1bn in Andreessen-led funding round https://www.ft.com/content/b230eb4c-ed53-45ff-8b64-c286a4b98...
But I strongly feel, its GPT powered native apps that will drive the market forward. We will definitely see lot of adoptions coming forward.
Essentially the opposite of the frothy bubble startup, where Stanford dropouts with zero experience promise to completely revolutionize an industry where they've never worked.