Founders should take some money off the table.
I read someone saying take 10% every round. That’s too much imo.
It should be enough that you don’t need the company to pay for your life but not so much that you’ve mentally cashed out.
If you're bullish on your company, even a small % seems like an opportunity cost.
I got X Money access and honestly didn’t think I’d really use it. But I use it all the time. It’s such a good place to throw fun money and spend/send money off budget.
@beaniemaxi honestly ive only ever made money off beanie hard shills.. some I bought early some I bought late.. but never been in a position where I thought "fuck this guy just scammed me"
If you don't wanna gamble but wanna consistently squeeze money off this market, chose one of the oil fields and stick to it, be the raider that raids gold miners, be the oil drilling machine on people's greed&mistakes.
SemiAnalysis founder Dylan Patel explains why some companies will make far more money from AI than the labs building the models:
“Most of the value that these models generate does not get given to OpenAI and Anthropic.”
Jane Street turns the models into trading profits.
Meta uses them to improve its ads and increase engagement time by 5%.
“They’re making way more money off of using these models than Anthropic is.”
the biggest business opportunity is connecting models to workflows where even small improvements are worth millions.