Title should be “Most VC funded AI startups are doomed”.
I dunno man, levelsio (Pieter) and Danny his friend are making millions as solopreneurs taking existing models, some light training and adding beautiful frontends to it.
You’re right they’re not VC scale but this is what excites me.
AI for indiehackers is a massive multiplier.
One person million dollars net after tax / year is a phenomenal business.
I personally think Statups that raise millions of dollars are doomed. Long live the lean cockroach startups.
Midjourney is 100M+ with 10-ish engineers. That’s a phenomenal business. They raised 0 VC.
Pieter and Danny businesses are not startups, these are "lifestyle" business. They even say that continuously. They see what's trending and feasible, glue some generative APIs with an okish frontend and publish it. Repeat.
I dunno man, levelsio (Pieter) and Danny his friend are making millions as solopreneurs taking existing models, some light training and adding beautiful frontends to it.
You’re right they’re not VC scale but this is what excites me.
AI for indiehackers is a massive multiplier.
One person million dollars net after tax / year is a phenomenal business.
I personally think Statups that raise millions of dollars are doomed. Long live the lean cockroach startups.
Midjourney is 100M+ with 10-ish engineers. That’s a phenomenal business. They raised 0 VC.