There is an inconvenient truth in early-stage venture: Hyped sectors consistently lead to meager outcomes. Outsized returns on the other hand happen where you least expect them. A brief history of hype Let's examine some examples from the past 20 years.
Thanks for sharing! When a hype is identified, usually the barrier of entry is not high therefore there's no strong moat.
Even now I'm still struggling to see where the moat is in LLM development. However cool is a product I'm building, if I can build it over a weekend, others could too.
Thanks for sharing! When a hype is identified, usually the barrier of entry is not high therefore there's no strong moat.
Even now I'm still struggling to see where the moat is in LLM development. However cool is a product I'm building, if I can build it over a weekend, others could too.
Awesome post. Thanks