The Daily Index — Monday, December 11, 2023 · TLDR Index

HEADLINES & TRENDS

TLDR Founders

TLDR Founders

THE DEATH OF A VENTURE FUND

OpenView Venture Partners, a 20 year old fund with $2.4m AUM, recently announced it was closing its doors to much surprise. This article explores the reasons that cause funds to collapse and the often slow death that takes place considering they’re still holders of illiquid assets.

investing1012dot0.substack.com · 8 min

TLDR Founders

7 WAYS THE INTERNET WILL GET WEIRDER

A fascinating teardown of the features on the internet that would seem incredibly odd to previous generations. From online best friends to the future of video, AI is going to play a huge role in how the makeup of our work and play evolves over the coming decade.

digitalnative.tech · 16 min

TLDR Founders

WHAT’S THE NUMBER ONE MISTAKE SALES LEADERS MAKE?

Sales is a people business, and the biggest failure is around recruiting the right people to help you build and run the engine.

saastr.com · 1 min

TLDR Founders

EXPERTISE IS PLENTIFUL OUTSIDE VENTURE FIRMS

An interesting take on entrepreneurship and raising money. Given that venture capital has not had the best year, and the rules are changing in startup financing in general, taking on venture might not mean you have your outcomes aligned. Think twice and know there are plenty of other places to find market expertise.

davidcummings.org · 3 min

TLDR Founders

OVERAGES: THE OVERLOOKED PROBLEM IN USAGE-BASED PRICING AND HOW TO FIX IT

Usage-based pricing is more interesting than ever in the age of AI. A lot of companies and sectors don’t want to commit to SaaS-type upfront pricing as they don’t see the value or it doesn’t align with how they do business. Finding a balance of upfront vs usage-based pricing, as well as leaving room to make sure whatever you put in place isn’t a hindrance, is the key to success.

a16z.com · 4 min

TLDR Founders

AYRAA (PRODUCT)

Your personal search engine for work.

ayraa.io

TLDR Founders

GO INDEX ME! (PRODUCT)

Get indexed and stay indexed by Google.

goindex.me

TLDR Founders

OUTBUNDLY (PRODUCT)

AI-powered cold email outreach.

outboundly.ai

TLDR Founders

THE DEATH OF THE CREATOR ECONOMY

The creator economy was valued at $104 billion in 2021. In 2022, the funding for creator economy startups saw a precipitous drop from a high of over $2.5 billion in 2021 to around $123 million in early 2023. Much like venture, power law exists across the creator economy. A minor subset of creators make up the majority of the value harvested.

contraryresearch.substack.com · 3 min

TLDR Founders

A CONVERSATION WITH CHARLIE MUNGER AND JOHN COLLISON (100 MINUTE PODCAST)

Charlie Munger shares his ingredients for long-term business success and the rise of Berkshire Hathaway over the years in this conversation with Stripe's John Collison recorded last year. Munger passed away in late November, and this is an excellent recount of his wisdom acquired over the years.

joincolossus.com

TLDR Founders

THE WHERE, WHEN, AND HOW OF AI

Leading founders and venture investors talk about what's happening in AI, from the application of LLMs to enterprise innovation. If the pace of “things you should know about AI” is somewhat overwhelming, this is a good quick recap.

saastr.com · 9 min

TLDR Founders

GIG WORKING IS GETTING LESS PROFITABLE

The gig economy is a roughly $1 trillion industry in the US. Gig working provides a flexible way to make money, but it’s increasingly becoming less reliable and the net growth of new gig workers is declining. Valuable insights if you’re building a gig working platform.

businessinsider.com · 6 min

TLDR Founders

TWO TITANS ON THE FUTURE OF AI WITH REID HOFFMAN & VINOD KHOSLA (44 MINUTE PODCAST)

From the Cerebral Valley AI Summit in November, this podcast combins two interviews with tech titans Reid Hoffman & Vinod Khosla, gathering their views on the future of AI and its impact on society.

newcomer.co

TLDR Founders

GOOGLE’S GEMINI MARKETING TRICK

Why did Google, arguably the pioneer of all things generative AI, feel the need to juice its marketing around the launch of Gemini? It boggles the mind and shows just how much is at stake here in the game of winner-takes-all in AI.

bigtechnology.com · 3 min

TLDR Founders

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