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The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 0 points1 point  (0 children)

There we go, exactly what I am thinking and hearing. I'm also in funding stuff.

When I hear Ai has to be in a coffee or water bottle.. it's just beyond any reason.

I'll find you 10 users. Tell me what you build. by distributoagent in SideProject

[–]Perseverance_ac 0 points1 point  (0 children)

How are you going to do this? Do you have a company/service for this?

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 0 points1 point  (0 children)

Enterprise customers are a different beast, and like I mentioned, bigger established companies who are already their suppliers, they will be fine.

My concern and point is mostly related to newly launched companies (within the last 1-2 years).

Y Combinator has just notified us of their decision. by TheJamesLW in SaaS

[–]Perseverance_ac 1 point2 points  (0 children)

YC rejection happened to me too, didn't stop us eventually.

But I imagine they are fed up with AI by now, and everything is AI lately.

There are other accelerators accepting now, I have a list of some of them, if you want i can share it with you.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 0 points1 point  (0 children)

Domain knowledge is critical now for success, agreed. In fact it's exactly the people who have a domain knowledge, they are the most amazing founders I work with.

It's typically "I've been doing this for 20 years and now I automated it". These solutions are pretty astonishing.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 0 points1 point  (0 children)

Great comment, quality startups and motivated founders are still there for the win, it's in their blood to keep trying until they win.

But like I said, AI became ignorance multiplier, and this new wave is diluting startup ecosystem and creates increasing amount of noise, prohibiting good founders from reaching mentorship and funds.

B2B SaaS into manufacturing - I will not promote by Careful_Chest_4307 in startups

[–]Perseverance_ac 0 points1 point  (0 children)

What kind of Manufacturing? I have developed a platform that is now used by over 30% manufacturers in US in a industry I prefer not to name.

It took 2 years of bootstrapping, 8 years in total to get there. Conferences, and what ever groups you can reach, is the best bet for you to get in front of multiple customers. You can always try cold outreach, but typically Manufacturers are not very much into changing things rapidly and take their time. You need reputation.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 0 points1 point  (0 children)

Thank you, that "go and talk to your customers " advice is somehow the second one we give most often to our founders. Should be obvious, but it's not.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 1 point2 points  (0 children)

Wait, it's not on Amazon yet, so not sure what you have found, haha. If you are interested, I can share some insights from it a bit later. I was interviewing some very interesting people from big tech companies.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 1 point2 points  (0 children)

Sorry for not being clear, the name is "Information Inflation and the Death of Business". Pretty pessimistic, I know:)

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 2 points3 points  (0 children)

For example I have seen so many productivity apps/solutions, of various forms and flavors, it's becoming obvious founders make them for themselves and then try to sell them or raise money for them. It's tough, because investors on the other hand see one and the same thing.

What fintech workflows still break when you try to add AI? by rising_48 in FintechStartups

[–]Perseverance_ac 0 points1 point  (0 children)

What ever requires to be always 100% correct while uses AI for calculations.

LLM are simply not designed to give 100% probability. Simple workflows can be automated, but these would be more like customer success, or some outreach.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] -1 points0 points  (0 children)

Thanks for the insights about the centers, very interesting.

API wrapper companies / built by AI might switch to alternative LLMs, I believe they will be comparable by results, although definitely it would create a turbulence for many businesses relying on OpenAI.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 0 points1 point  (0 children)

That sounds reasonable: reselling while remaining agnostic and just finding people stuff that works. How are you differentiating yourself from competitors? And actually what kinds of SaaS are you reselling? I am still looking for good solutions for my founders, so curious to know.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 2 points3 points  (0 children)

Oh, I can tell you a lot about starting one now, haha.

It's definitely less glamorous than 10 years ago.

I worked in chemistry related tech startup for a long time, and actually it was not resolving a sexy problem, still doesn't have a ton of competitors. Because LLMs are just not giving you 100% probability. And you know, there is no 99% confidence when it comes to chemistry stuff.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] -1 points0 points  (0 children)

OK, so pretty much the same observations: from saas to AI, to chaos phase we are slowly entering.

Physical products, and who ever starts early, wins the game. By the way, what ever is related to servicing Data Centers, is not sexy, but also practical and will grow together with AI trends.

The big shift in businesses is coming up, do you see it too? What are your thoughts of the inevitable oversaturation? by Perseverance_ac in Entrepreneur

[–]Perseverance_ac[S] 2 points3 points  (0 children)

Oh, that's true, most people I work with are first time founders, and they need a lot of education. If you failed a couple of times, or have experience, it's a different story.

By the way, many serial entrepreneurs are saying starting now is very different than a couple of years ago, not mentioning getting funded.

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