小庞同学

Last week I returned to China and traveled to 5 cities, held two parties, and met with 5-6 founders and investors individually every day on average. After chatting with many friends, I summarized my thoughts and experiences:

1. Doing AI must be short-term and fast. It is indispensable to tell long-term sentiments and stories, but to seize AI opportunities, we must be short-term and fast. AI is indeed the most explosive trend in recent years, but the long-termism established at the top of the industry will most likely be crushed to death. For ordinary founders, don’t blindly work on AI projects for more than 8 months. 8-12 months is enough technology to innovate a new generation. Make money first before you can step on the next wave. Be careful of being trampled to death by giants.

Sam, the founder of OpenAI, founded the location service provider Loopt in 2005 when he was 19 years old. In 2012, it was acquired at a valuation of US$43 million. He became the president of YCombinator in 2014. In 2019, he officially took over the position of OpenAI, which he co-founded with Musk. It was this year that he wrote a blog - how to Be Successful / How to be successful. I compiled his 13 points and my thoughts:

1/ Choose non-linear growth Compound yourself Sam believes that outstanding people or companies should start a business that allows them to grow with compound interest, so that their growth becomes faster and faster, and their advantages become greater and greater. Linear life is scary, you can predict where you will be and what you will be doing 30 years from now. The challenges in the early stage of life may be very small, but you will encounter leaping opportunities (wind outlets/noble people), and you will persist in making yourself grow exponentially.