Elliot Comite

If you work in startups, the most imminent threat right now is “concentration” All LP and VC prevailing wisdom is about “more concentration” (Always beware of prevailing wisdom…it tends to reflect the past and not the future) Concentration = LPs demand only being in the current big names = VCs go big name hunting only (and SPV grifting) = less surface area for company building = less diversity of thought or approach = more brain rot

If you work in startups, the most imminent threat right now is “concentration” All LP and VC prevailing wisdom is about “more concentration” (Always beware of prevailing wisdom…it tends to reflect the past and not the future) Concentration = LPs demand only being in the current big names = VCs go big name hunting only (and SPV grifting) = less surface area for company building = less diversity of thought or approach = more brain rot

OpenAI and Uber are alike in a specific way: their products are so magical that, once used, it’s a life changing experience. That is also the bar for pursuing a “land grab / scorched earth” capital raising & incineration strategy. Product is so good that the dominant strategy is get it everywhere, as fast as possible.

The most interesting part of the Dorsey essay on management TL;DR - Remote companies have an advantage in the AI era because they can only thrive with rigorous documentation, which is perfectly repurposed as context for AI

Amazing.

OpenAI and Uber are alike in a specific way: their products are so magical that, once used, it’s a life changing experience. That is also the bar for pursuing a “land grab / scorched earth” capital raising & incineration strategy. Product is so good that the dominant strategy is get it everywhere, as fast as possible.

This reminds me of when you could get a 30 min uber in nyc for like $10/$15, and now it costs $50 to get 5 blocks. We’re going to look book at this time and wish the vc’s would subsidize our compute again.

OpenAI and Uber are alike in a specific way: their products are so magical that, once used, it’s a life changing experience. That is also the bar for pursuing a “land grab / scorched earth” capital raising & incineration strategy. Product is so good that the dominant strategy is get it everywhere, as fast as possible.

Cursor internal analysis shows how hard Anthropic is subsidizing Claude Code. Last year, a $200 monthly subscription could use $2,000 in compute. Now, the same $200 monthly plan can consume $5,000 in compute (2.5x increase).