Muhammad ismail

"It's only me doing these posts on 𝕏 and I would recommend for leaders of the world to just literally post your own stuff"

Why are so many startups pitching the same ideas? This is the result of “startup catering”, where founders work on the problems they believe VCs care about, rather than problems they are connected to. It occurs whenever there is a strong and vocal consensus amongst investors on the opportunity of the day. e.g. agents, vertical AI, gaming, etc. Obviously, this is a negative influence on innovation. The purpose of startups is to build novel solutions which others are unable to anticipate. Consequently, the best VCs focus (at most) on broad problem areas rather than solutions. Catering is the cost of the large VC funds building deal flow by amplifying and then exploiting momentum in particular themes. It works for fee-focused firms whose product is venture beta, it sucks for everyone else.

The FDA literally has a 10-second rule. If a company fries something in oil for less than 10 seconds, there's no requirement to add the oil to the ingredient label. Reform can't come soon enough.