- Mar 23, 2022
- 3,810
- 1,037
A company with less than 100 employees creates a product used by millions daily. And we complain that it is so hard to make money . What do you think they did right which an enterpreneur can learn from the company?
Chatgpt success as a startup
- Thread starter paisawaisa
- Start date
- May 2, 2010
- 8,457
- 13,688
Manage your time better than the day before every day, and have good goals in mind. I bet they were flexible to adjust what they were working on a moment's notice; that's what made them adaptable and be able to bend the market to their superior product.
- Dec 27, 2019
- 3,133
- 825
Persistent determination. It didn't take them a day or few to lunch this product, I'm sure they have tried several times and failed but they never gave up.
The company is new.
- Dec 27, 2019
- 3,133
- 825
They might have been doing some underground work before now
KadePhillips
Registered Member
- Jul 5, 2019
- 71
- 41
What do you mean by They are new? They are in the business since 2015, 8 Years old!
- Sep 10, 2010
- 11,659
- 26,193
People like Elon Musk funded that company in the beginning (there were 5 investors if I remember correctly) according to what I have read.
If you have such investors backing you up, things become a little more straightforward.
That’s not to say that openai isn’t impressive, though, because it is revolutionary.
Just saying that you do need money for experiments.
If I had to take one thing from this, I would try to get a big investor.
- May 30, 2019
- 13,463
- 10,652
Nailed a niche with insane demand
- Sep 10, 2010
- 11,659
- 26,193
That too. Before openai, nobody had a viable ai product if I have not mistaken. They did hit the nail at the right moment.
Ashk881
Elite Member
- Aug 24, 2021
- 1,671
- 2,043
OpenAI ain't some company some group of odd folks can come together and make.
They had billions of funding from the beginning, a network of great ML researchers and a fuckton of money to pay and access to the cheapest Supercomputing resources a company would get. Stuff like that is impossible to get unless you already are a serial entrepreneur and have made a big exit earlier (which exactly is what Sam Altman is)
Didn't give a fuck about ethics or "ethical implications" of their products.
Were always most focused on one tech (LLMs) and devoted their best resources to their most focused product, their researchers were working on LLM tech since 2015 when LLMs weren't really a thing.
And most important of all, knew how to market and convince investors about their product. OpenAI is likely operating at big deficits and that's not possible without huge investor funds.
- Aug 7, 2021
- 4,151
- 2,229
Find something everyone needs and they will pay it, then release or create a new one but with improvements and increase the price, sell the patents or continue investing in your own product, the problem is to get the money to start and then make all the people use your product what makes it different from the others? benefits prices is a little bit complicated but everything requires an effort.
AlexanderTheGreat
Power Member
- Jan 23, 2021
- 726
- 1,351
The biggest difference is that you can't really get rich with SEO / Black Hat in the age of AI's, Machine Learning and even upcoming Quantum Computing.
There are maybe a couple of people like Neil Patel (net worth ridiculous 30M) or Mr. Yoast who generates about $12M annually.
And then thousands of "black hat experts" who barely make any money, lmao.
If you compare Black Hat to the current VC industry, that's a difference in the billions
An early stage AI or SaaS startup can secure $1-10m investments, then scale, secure further investment series and eventually emerge as a unicorn
There are about 40k+ startups in Sillicon Valley alone, and we are talking about billion dollar industry (!)
Worldwide there are about 1,200 unicorns (valuation $1 billion + )
The money is there , but in deep tech , not in low-tech shit like SEO where most struggle even to make a few thousand dollars haha
There are maybe a couple of people like Neil Patel (net worth ridiculous 30M) or Mr. Yoast who generates about $12M annually.
And then thousands of "black hat experts" who barely make any money, lmao.
If you compare Black Hat to the current VC industry, that's a difference in the billions
An early stage AI or SaaS startup can secure $1-10m investments, then scale, secure further investment series and eventually emerge as a unicorn
There are about 40k+ startups in Sillicon Valley alone, and we are talking about billion dollar industry (!)
Worldwide there are about 1,200 unicorns (valuation $1 billion + )
The money is there , but in deep tech , not in low-tech shit like SEO where most struggle even to make a few thousand dollars haha
- Mar 21, 2023
- 661
- 131
I believe they have been working in the background for quite a while. Had multi-million/billion investments if I am not wrong... Not saying similar projects do not go south but they knew what they were doing and really went in 100% with it... Also they made people get free access to their produxt when they wanted to launch for them to have a first hand experience which imo captured the attention of a lot of people... Great contributing factor to their success...
The biggest difference is that you can't really get rich with SEO / Black Hat in the age of AI's, Machine Learning and even upcoming Quantum Computing.
There are maybe a couple of people like Neil Patel (net worth ridiculous 30M) or Mr. Yoast who generates about $12M annually.
And then thousands of "black hat experts" who barely make any money, lmao.
If you compare Black Hat to the current VC industry, that's a difference in the billions
An early stage AI or SaaS startup can secure $1-10m investments, then scale, secure further investment series and eventually emerge as a unicorn
There are about 40k+ startups in Sillicon Valley alone, and we are talking about billion dollar industry (!)
Worldwide there are about 1,200 unicorns (valuation $1 billion + )
The money is there , but in deep tech , not in low-tech shit like SEO where most struggle even to make a few thousand dollars haha
Yes especially with advanced algorithms blackhat is slowly becoming obsolete.
- Mar 23, 2022
- 3,810
- 1,037
Seo sellers will disagree with you. Especially those with multiple bumps daily.The biggest difference is that you can't really get rich with SEO / Black Hat in the age of AI's, Machine Learning and even upcoming Quantum Computing.
There are maybe a couple of people like Neil Patel (net worth ridiculous 30M) or Mr. Yoast who generates about $12M annually.
And then thousands of "black hat experts" who barely make any money, lmao.
If you compare Black Hat to the current VC industry, that's a difference in the billions
An early stage AI or SaaS startup can secure $1-10m investments, then scale, secure further investment series and eventually emerge as a unicorn
There are about 40k+ startups in Sillicon Valley alone, and we are talking about billion dollar industry (!)
Worldwide there are about 1,200 unicorns (valuation $1 billion + )
The money is there , but in deep tech , not in low-tech shit like SEO where most struggle even to make a few thousand dollars haha
bubble1990
BANNED
- Apr 5, 2023
- 316
- 115
It's not just millions of users, ChatGPT has already surpassed 100 million users and is the fastest company in history to reach that number.