Evidence receipt / recommendation
Published · transcript-backedYoussef Rizk: recommendation
20 Sept 2023 Latent Space Heralds of the AI Content Flippening — with Youssef Rizk of Wondercraft.ai
“No, what is your favorite, like, PG advice in building a company, right? I think that my favorite thing is just like, don't spend your money foolishly.”
Source trail
Everything needed to verify it.
- Speaker
- Youssef Rizk
- Attribution
- Verified speaker
- Claim type
- recommendation
- Recorded
- 20 Sept 2023
- Publisher
- Latent Space
Transcript context
…PMF. Ah, that's a nice quote. How strongly do you believe that? GPUs after PMF? Well, I believe, I think this was another question you have, which is like, What is PMF? No, what is your favorite, like, PG advice in building a company, right? I think that my favorite thing is just like, don't spend your money foolishly. Ah, okay. Everyone and their mother is trying to get a GPU at the moment, so I don't think it's... We're definitely substantially reducing our runway by doing that. Obviously you do that when you believe the investment is worth it. And again, you have to pick the time at which you do that. I mean, there's other companies I think this is somewhat consensus. I think the non consensus thing is to spend a shit ton. So like inflection raising a few hundred million dollars and then spending 95 percent of it on GPU. Same with…
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