Andrius Sutas

Lessons Learned from AimBrain Acquisition sut.as/lessons-learne…

@marcfelske @automaticafair I see your Spot and raise you Sir Killalot

@marcfelske However, I think they could be great for troubleshooting / ideation (that would still be required to be undertaken by experts)

LLMs are the best bet for industrials to solve the looming knowledge transfer crisis 🏭🧑‍🔧🧠. A 🧵

@marcfelske 100% agree with the problem statement. My worry is that LLMs (even the ones trained on internal knowledge base) are prone to hallucination. I think that current state of LLMs require an expert supervision to be useful, which negates the point of training someone new.

@therealishmatt Reddit?

Startup idea: A platform for people to randomly meet and start projects together. Members pitch their ideas and people jump in to collaborate. Once an idea fills, a kick off meeting happens and it auto generate tickets to get started Its trello meets social

@Samirkaji Totally agree that downrounds can be just a normal company lifecycle, however, they do tend to wipe out common stock shareholder value (founders and employee options mostly) and early investor value.

On down rounds or valuation cuts: 1/Common perception of down rounds and valuations being cut is a negative signal for the company and that sets it on an irrecoverable path toward being a large, durable company. It's not.

What to Expect After You Exit Everyone talks about scaling and exits, but nobody talks about what life is like AFTER the fact. So, here's what to expect if you cash out:

@MarcCSloan +"keep it short" 😉

Product management made easy with Chat GPT # 3 Asking for advice on email performance metrics and getting insights for different market segments 📈🤖 #ProductManagement #AI #ChatGPT

@marcfelske @documenso @raycastapp @calcom Same here. Natural progression tends to be reddit.com/r/selfhosted/

My tech stack is going increasingly towards open source. If @documenso turns out to be as good as @raycastapp or @calcom, I'll swap another product. Also, open source software was previously easy to spot: whenever a website looked like it got little attention. That's certainly not true anymore 🤩!

@peternixey Had exactly this discussion with one of the EU-leading ML experts the other day. We came to a conclusion that it will have to be a societal-level approach and it's not clear what v5...v10 will bring. Industrial revolution vs automation. Exponential growth is scary.

With AI, fewer people will be able to accomplish much more. And the efficiency may compound because of the (N^2) reduced overhead in team comms. That said I am at a loss as to who will employ the rest of the team…

@cgledhill @foundingadvisor CBDCs are being pushed heavily. That has some interesting implications in terms of transparency/tracking and control down the line

@foundingadvisor i don't think so

What is a good thing that’ll come out of the current banking crisis?

@Alicebentinck @join_ef @zoejerv @raccrompton @matthewclifford The OG EF! Amazing times :)

The @join_ef team circa 2013. Ten years on the debate continues as to whether @zoejerv or @raccrompton can claim they were our first employee...

@Maren_Bannon Personally I think that root cause is usually not doing enough / proper business development early on, which then leads to wrong product, unclear GTM, wrong product, burnout etc... As my mentor has said "sales solve most of the problems" :)

What are the biggest reasons startups fail? From what I've seen: -founder burnout -cofounder breakups So take care of your mental health and your relationships 🤗

@kittymayo Love it! I think "curious" is spot on - during my first startup a lot of people said that "we definitely need to start something together once you're done with this company", yet, when I spoke to them starting my 2nd startup I heard only excuses for why NOT now

@camizattar @foundersfactory Who gets chairs and who gets the sofas?

@martinvars Except when you get long-covid, destroying your health and your company's productivity ft.com/content/33444f…

Covid is endemic, manageable among the vaccinated. Time to move on.

True that. And many people said the Internet is just a passing fad. Keep executing.

@startupstella 100%

Hey founders, startups are a shitshow most of the time. If you’re looking around and thinking other people have it figured out, they don’t.

I forced a bot to watch over 1,000 hours of startup pitch meetings and then asked it to re-create a startup pitch meeting of its own. Here is the first page.

@cgledhill I wonder how much can be attribute to brexit vs startup funding / scene being all time high everywhere. Irrespective, just imagine the numbers if we didn't have the brexit... piie.com/publications/w…

So #brexit wasn’t all that bad after all! 😏