founder diasporas can function like powerful alumni networks, why spending time in Silicon Valley can help founders recalibrate around speed and ambition, and how the next generation of global companies may increasingly be built across multiple countries from day one.
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"Anyone who has PMF [product market fit] has it for max six to 12 months, and is required to continuously keep releasing bangers," Ding argues. "Versus before, you could have dominance for three to five years, and rely on that."
Shensi Ding
The biggest misconception in business is that insight is rare and execution is common. In my experience, it's exactly the opposite — workable ideas are everywhere, but people who can execute even a single step beyond the obvious are vanishingly scarce.
Michael Moritz — Interview, Stanford Graduate School of Business
Anthropic's revenue for the second quarter surged to $11.5 billion, up from $787 million a year ago. Nobody grows 14x at this scale, nobody. By the time OpenAI goes IPO, Anthropic won't be a comparable company — it won't have a peer competitor, do you understand what that means?
Michael Spencer