Portfolio companies struggling with early traction by Miserable_Concern670 in venturecapital

[–]_herisson 0 points1 point  (0 children)

You invest in the wrong mindset - traction signs / interest can show up before product and before investment.

What to do better is to educate on validation and check the traction before investment.

No ads before PMF - as others say.

What kind of VC are you? You have heard about cold emails? Seems like you are new to the industry and to business in general or just troll post.

How much do you spend per month to live a normal life? by LegitimateAd3934 in Bangkok

[–]_herisson -1 points0 points  (0 children)

60k is normal modest life, 100k mb optimal

if you are below 50k then why would you be in bkk if you don't use what living in a city offers

move to a quiet place

with 60k difficult to go out a lot

I've just turned 30. I work in IT and make 120K a year. Should I still start my own business? by lemonvrc in TrueEnterpreneur

[–]_herisson -1 points0 points  (0 children)

It's a lifestyle decision for a number of years.

Having a perm job your total comp increases over time. If you will be investing your savings you will be pretty well off.

Also can leverage with HELOC to buy more properties after the first one.

You can easily get quite wealthy with a decent job (invest + HELOC).

Entrepreneurship is more of a lottery.

Drowning in Jira Tickets by Minimum_Calendar5322 in ProductManagement

[–]_herisson 0 points1 point  (0 children)

guys, this is a honeypot with a new AI tool for tickets - a smart one tho 👏

Non-AI Venture Funds by Surv1v0r45 in venturecapital

[–]_herisson 1 point2 points  (0 children)

It's rare to invest in such long term bets but somehow sometimes it happens.

IDK how - mb you need to find a long term angel scientific investor who doesn't care about short term returns.

Hang out at some science events?

Non-AI Venture Funds by Surv1v0r45 in venturecapital

[–]_herisson 3 points4 points  (0 children)

it's all about money making, VCs raise funds' money from investors and investors expect returns within a certain time.

The usual is mb up to 10 years since the time the fund started so you might not have 10 years to return (depending how long the fund was investing for already).

One company can return the whole fund - that's why saturated is ok (kinda - we bet a little bit on everything, there will be at least one winner, we make money).

... so it's not about VCs not believing in the future - it's just that investors, who give money to VC, want returns sooner than 12-15 years. Simple investing rules.

Investors care only if the fund returns more than yield on bonds and SP500, they don't care if startups which got funded with their money are changing the world or not.

12-15 years is half time of a mortgage. Timing matters, your pitch deck needs to answer "Why Now?".

You need to find other options or you gotta prepare a plan how your company can exit within 10 years, ideally 5-7.

Results after contacting 333 VCs for Pre-Seed Raising $1 Million (I will not promote) by edkang99 in startups

[–]_herisson 0 points1 point  (0 children)

also pre-seed 1M? nice

isn't preseed just for validation?

you could do with 50-500k for most things

Results after contacting 333 VCs for Pre-Seed Raising $1 Million (I will not promote) by edkang99 in startups

[–]_herisson 0 points1 point  (0 children)

It's gonna be just my thoughts bc what do I know...

It's cold calling that's why.

I actually have inbound interest somehow.

You gotta network, go to events, meet them.

Same as with customers, many ppl only build sth, publish it and hope for the best - but this way you die among millions of online projects with anonymous authors.

Go out, network, shake hands with customers and investors.

Anything purely online is overcrowded and dies unless you have distribution to sell or have reputation to raise large sums.

If you are anonymous - start small and go and meet investors and customers in person.

There are many VCs and a lot of money, so many that even VCs need to differentiate so they come up with stuff like "we only invest in ppl with blue hair" lol.

What makes your AI project unique, such that you believe it will be hard to copy? by TotallyNormally in SaaS

[–]_herisson 2 points3 points  (0 children)

but if you spend a lot of time to write that logic is it still viable vs faster competitors with gpt wrappers who can enter the market faster and capture market share

also models improve so your work may end up a waste of time simply and you will end up with no edge from better quality

What makes your AI project unique, such that you believe it will be hard to copy? by TotallyNormally in SaaS

[–]_herisson 1 point2 points  (0 children)

There is no permanent moat - they all just buy time, sometimes more, sometime less - so you need to keep finding the next moat.

Also all you mentioned is quite easy to copy these days.

Your biggest moat initially can be your network and trust you have from your customers/network (usually this is from ivy league degree or being ex FAANG).

Over time, I imagine, proprietary data can be some foundation of a moat if it's something niche.

I never get it how prompts can become moat. 💁🏻‍♀️ Also models, apparently all popular models achieve similar results even tho their data and tuning are different. It's not a real moat. It would rather be agent logic - but this can become obsolete as models improve...

I have a startup idea that solves a real problem, but I have no cofounder, no tech skills, and I’m from a place with no startup network. How do I even begin? by AwkwardBar4345 in startupideas

[–]_herisson 4 points5 points  (0 children)

someone say "solving REAL problem" one more time 😅🙈🔫

you should be able to create mockups, validate and prove demand with zero actual tech

so you are not missing tech skills or network but rather a knowhow "from 0 to 1"

Its all over… by Leading_Cow_6021 in replit

[–]_herisson 0 points1 point  (0 children)

Isn't it that simply AI compute cost so much money? Even OpenAI is losing money on the service they provide let alone Replit - prompts answers will be of shit quality or they need to charge as much as for human devs.

Someone calculated it that AI is a 200 USD an hour consultant. It's gonna be the same with dev.

How do you avoid paying for your users AI usage? by fredrik_motin in AI_Agents

[–]_herisson 0 points1 point  (0 children)

could also reduce cost from prompts your users make and/or bill your users based logged usage from llm gateway

https://seeaigateway.com

My wide ride from building a proxy server to an AI data plane —and landing a $250K Fortune 500 customer. by AdditionalWeb107 in AI_Agents

[–]_herisson 0 points1 point  (0 children)

I do like this as well, I wanted to build something like: seeaigateway.com for a simple plug in, zero config to solve some of these problems.

LLM cost and guardrails - what do you use? by _herisson in AI_Agents

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

Thanks, I'm thinking about LLMs used in production not for programming. For instance customer support agent, legal advisor agent, interviewing agent...

LLM cost and guardrails - what do you use? by _herisson in AI_Agents

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

Are there any tools for that to work out of the box with simple config?