Prediction: In the AI age, taste will become even more important. When anyone can make anything, the big differentiator is what you choose to make. paulgraham.com/taste.html↗

Valuation matters far, far less than the decision of whether to invest or not. The spread between bargain and outrageous startup valuations can't be more than 5x, in a world where the best investments can return 1000x.↗

The reason most founders are surprised by the difficulty of fundraising is that they're learning something about themselves, not something about fundraising. They know fundraising is hard for startups that don't seem appealing to investors. They just didn't realize they had one.↗

@tinvaan I would raise maybe $500k, keep the company small for the first year, work closely with users to make something amazing, and otherwise stay off SV's radar. In other words, be the opposite of a scenester.↗