Keep pulling the thread on Sam Lesson.
Sam Lesson predicts that seed-stage venture capitalists who invest in companies branded as "AI companies" will lose an impossibly large amount of money in the coming years.
Sam Lesson argues that OpenAI is a "terrible seed investment" because even at a $500 billion valuation, seed investors would only achieve a 25x return, which he considers middling for a category-defining company.
Sam Lesson believes that AI companies are poor seed investments because they are too capital-intensive, which severely dilutes early investors.
Sam Lesson believes that while AI is an incredibly powerful tool for existing businesses, it is not a great standalone startup opportunity.
Over 2 million websites have been generated using 10Web's VibeCoding platform in the last three years.
Companies including Dropbox, Booking.com, Adyen, and Intercom use the DX developer intelligence platform to understand the value and impact of AI on engineering productivity.
Sam Lesson believes the prevailing narrative in Silicon Valley has for a long time been that etiquette does not matter and founders should only focus on their product.
According to Sam Lesson, 99.9% of startups do not invent technology so revolutionary, like the next Google, that they can afford to ignore professional etiquette and social norms.
Sam Lesson claims his public criticism of Calendly generated so much internet attention that it meaningfully drove the company's growth for a month, a fact he says was relayed to him by Calendly's board.
Sam Lesson built a personal news aggregator called lettermeme.com, which uses AI to convert newsletters into a daily grid of cartoons.
Sam Lesson's venture firm, Slow Ventures, invests in companies dealing with the cultural implications of AI, such as Sublime Security and Outtake, which address human vs. bot identification.
Sam Lesson posits that if SpaceX achieves a $1.4 trillion public market valuation, late-stage investors will profit greatly from the narrative-driven investment, but it will not be a good outcome for seed investors.