🤖 As we know by now, AI is already having a transformative effect on how people work. With tools like ChatGPT and Midjourney, founders can validate ideas, raise funds, and go to market faster than ever.
But what does that mean for founders? At Outlier, we believe AI is leading to a "cambrian explosion" in startup possibilities. Our CEO and Founder Jamie Burke's concept of the "100x" founder, the concept that AI will allow founders to supercharge their output, is one that deeply cuts into everything we do.
If you're a founder interested in taking your startup to the next level, this is a must-read 👇
Founding a startup is tough, but AI is changing the game. With tools like ChatGPT and Midjourney, founders can validate ideas, raise funds, and go to market faster than ever.
Move over, 10x developer! AI is creating the 100x founder. It automates tasks, reduces costs, and requires no coding skills.
AI is a game-changer for startups:
1️⃣ Automates tasks, frees up time
2️⃣ Helps create compelling pitch decks
3️⃣ Streamlines branding and content
4️⃣ Generates boilerplate templates
5️⃣ Accelerates scalability and provides insights
By embracing AI and adopting the mindset of the 100x founder, entrepreneurs can navigate the complexities of starting a business with unprecedented efficiency, intelligence, and accessibility
Together, let's harness the transformative power of AI and unlock the limitless possibilities it holds for founders worldwide.
Having worked closely with dozens of startups, ZK Program Manager Elliot Leimer shares his advice for founders
Take stock. what are your assets, besides cash? This could be IP in the form of code, a community or talent you’ve convinced to join you. These are the weapons for your upcoming battle, use them wisely.
Identify the quickest path to revenue. How can you use your assets to generate cash flow. It doesn’t need to be scalable or sexy. One of the startups I worked at couldn’t make payroll. The next month, we signed 3 consulting gigs that gave us an extra 4 months of runway.
Alternative funding. I always encourage founders to apply for grants, wether it be ecosystem funds, research grants or even government incentives programs, you’d be surprised at what you can find.
Iterate, fast. The sooner you take feedback and iterate on your value prop, the easier it will be to convince someone to pay you for your services and eventually find product market fit.
Change the narrative. Sometimes it’s just a question of positioning. Your solution might be perfectly suited to a different customer base than you initially envisioned.
Be honest. Not just with your staff, but with yourself. The founders that have inspired me to stay on when they couldn’t make payroll were the ones that were honest, with a plan.
Meet our Latest IPFS Open Mevaterse Base Camp Cohort!
This 12-week program will accelerate teams leveraging IPFS, Filecoin & FVM, paving the way forwards in the open data economy.
Meet the teams 👇
Leather (US) - Leather is a protocol that rewards streaming subscribers across all services (Netflix, Disney, etc.) for their viewing and engagement data in **real-time** while also delivering analytics, insights and content opportunities to partners, creators and rights-holders.
Filswan (CA) - FilSwan is a cross-chain infrastructure for Web3 DApps. FilSwan offers a complete solution that enables web3 developers to integrate decentralized storage, edge computing, and payment across multiple chains with ease
STFIL (CN) - STFIL Protocol is a decentralised liquidity staking protocol. It helps lenders earn stable yields and offer storage providers undercollateralized loans for leveraged farming positions.
METAGEO (US) - METAGEO is a 3D map hosting, visualization and management platform for architects, engineers, construction businesses, governments and others who want a mixture between Dropbox and Google Earth that supports a variety of formats and where they can share and collaborate.
In this episode of The Metaverse Podcast, we talk to Nils Pihl, founder at Auki Labs, with the mission to create a protocol for collaborative spatial computing to allow for social AR shared experiences.
Nils is joined by our host and CEO, Jamie Burke, having a thought-provoking conversation about social AR experiences. This episode is a must-listen for tech pioneers, investors, and AR enthusiasts.
Tune in to:
Find out why GPS limitations hinder AR and how Auki is building a decentralized protocol for spatial computing;
Understand why positioning is important - information in its right place;
Learn what a posemesh is;
Explore why AR is useful for physical retail;
Uncover why augmented reality must be a shared experience for it to succeed, even with advanced AR glasses.
