Some of them are selling to equity firms do be cannibalized and advanced/destroyed, or weirder, radically rebranded. For example:
- Be eco-friendly, online shoe company
- Overextend like crazy by buying brick and mortar stores
- Go broke and sell for pennies on the dollar
- Be different company
- Buy failed shoe company
- Change name completely
- Pivot to AI computing leases
- Somehow buy billions in already wait listed technology for inflated prices
- ???
I want to point out to other Lemmy users that this example it is not generic but it’s a real life example (allbirds)
Yeah I forgot to mention that part, thanks.
I can’t imagine an AI trained primarily on the communications of failed startups will be particularly effective.
As opposed to what it is now, right?
Just do the complete opposite of what they did and you should be fine.
My start up didn’t have a rich CEO with rich parents to save them when they fail.
Step 1: already be rich.
I want to found literally anything.
Step 1: already be rich.
Now that this is settled, startups (or any company for that matter) require significant up-front capital. The gate is creating a company and not the point where a company fails. Most of the time lots of funds or not companies going to the dogs will just be liquidated instead of resuscitated.
I mean… It’s definitely a solid first step
“synergize”
So AI will help you to fail your own company
Now I can disappoint my parents in less than 10 seconds. Just like my girlfriends.
Why do your girlfriends disappoint your parents in less than 10 seconds?
Lol are they trying to train an LLM to sound like a disgruntled worker at a failing company?
This feels like theft. Maybe not technically legally but the people who did the chatting aren’t getting the money. Capitalist hellscape
The employer owns everything you produce at work. Documents, code, emails, everything.
The people doing the chatting already got a paycheck for the chatting (among others).
Yes that is the legal justification. I am not interested in the legal justification. Laws are not inherently good. They were clearly paid less than their worth if there’s six figure payouts to be had here.
This is the fundamental injustice of capitalism. The owner pays you a small amount and keeps all the profits. A child would recognize that as unfair.
My great startup idea is workable at last! Monetize your spam!!
Now AI will participate in workplace theater for you!
