TLDR Founders

TLDR FOUNDERS 2023-12-11

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02STRATEGIES & TACTICS

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.org3 min read

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.com4 min read

03TOOLS & RESOURCES

04MISCELLANEOUS

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.com3 min read

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

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.com9 min read