Re:Google Invests Almost $400M in ChatGPT Rival Anthropic
by neilv on Sunday February 05, 2023 @09:22AM
(#34665095)
I might take that 80% deal, for the right killer IP that I knew how to apply in a marketable way, and a couple years of sufficient GCP credits.
I might bootstrap revenue without much hiring, so that business success means the team does better financially than the sure-thing FIRE if they'd just taken a FAANG job and grinded promotions.
This business giving away 80% equity would lean on the value of IP, and on knowing how to be very effective with solo/small teams -- not 'scale' in the sense of trying to herd hundreds of software and product and business people. (This is another thing that big orgs can have trouble doing, and so sometimes do insulated spinoffs/units instead, just to unburden people.)
I might bootstrap revenue without much hiring, so that business success means the team does better financially than the sure-thing FIRE if they'd just taken a FAANG job and grinded promotions.
This business giving away 80% equity would lean on the value of IP, and on knowing how to be very effective with solo/small teams -- not 'scale' in the sense of trying to herd hundreds of software and product and business people. (This is another thing that big orgs can have trouble doing, and so sometimes do insulated spinoffs/units instead, just to unburden people.)