Capturing Market Share in the Era of Artificial Intelligence: Key Strategies for Businesses

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6 VCs Explain How Startups Can Capture and Defend Market Share in the AI Era

We recently conducted a survey of six investors who are placing bets on AI. Our goal was to gain insights into how startups can begin building tools for AI, whether startup-focused AI work is defensible, and how tech companies think about monetization. Building an LLM (Large Language Model) is certainly not cheap.

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Table of Contents

What Our Investors Had to Say

We spoke with six prominent investors who shared their thoughts on the AI market:

Rick Grinnell, Founder and Managing Partner, Glasswing Ventures: "Startups should focus on building tools that can be integrated into existing workflows, making it easier for companies to adopt AI."
Lisa Calhoun, Founding Managing Partner, Valor VC: "AI work is not necessarily defensible; what’s more important is the value proposition and how you can make a significant impact on the business."
Edward Tsai, Managing Partner, Alumni Ventures: "Monetization in AI is still an open question. We’re seeing various approaches, from subscription-based models to transactional fees."
Wei Lien Dang, General Partner, Unusual Ventures: "Startups should focus on building tools that can be used across multiple industries, rather than just one specific sector."
Rak Garg, Principal, Bain Capital Ventures: "AI work is defensible if you can demonstrate a clear value proposition and a strong go-to-market strategy."
Sandeep Bakshi, Head of Europe Investments, Prosus Ventures: "Monetization in AI will likely come from a combination of subscription-based models and transactional fees."

Tips for Founders

While building an LLM may not be cheap, our investors shared some valuable insights on how to make your deep tech startup more credible:

Maureen Haverty, Seraphim Space: "Explain how your product works in simple terms. Avoid using jargon or technical terms that might confuse potential investors."
"Highlight the value proposition of your product and demonstrate its impact on the business."
"Showcase case studies or pilot projects that demonstrate the effectiveness of your solution."

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African Startups See Their Fundraising Prospects Dry Up as Capital Availability Falls Yet Again in Q3

Last quarter didn’t look so hot for African startups, with funding trends falling back to what we’re calling "pre-COVID norms." However, there’s still hope on the horizon. Our article explores the challenges faced by African startups and potential solutions:

Challenges Faced by African Startups

Increased competition: With more startups emerging in Africa, the competition for funding has increased.
Limited access to capital: Many African startups struggle to access capital due to a lack of funding options.
Regulatory hurdles: African countries have different regulatory environments that can make it difficult for startups to operate.

Potential Solutions

Alternative funding sources: African startups are turning to alternative funding sources, such as crowdfunding and bootstrapping.
Government support: Governments in Africa are starting to provide more support for startups through initiatives like incubators and accelerators.
Increased collaboration: There’s a growing trend of collaboration between African startups, governments, and investors.

How to Delete Facebook, Instagram, and Threads

Maxwell Zeff shares his tips on how to delete your Facebook, Instagram, and Threads accounts:

Why Delete Your Accounts?

Data protection: By deleting your accounts, you’ll be protecting your personal data from being used for targeted advertising.
Mental health: Deleting social media can help reduce feelings of anxiety and depression.
Increased productivity: With less time spent on social media, you can focus on more productive activities.

How to Delete Your Accounts

Facebook: Go to Settings > Account Settings > Security > Deactivate Account. Confirm your password and follow the prompts.
Instagram: Tap on the three horizontal lines in the top right corner > Settings > Help > Delete My Account.
Threads: Tap on the three horizontal lines in the top left corner > Settings > Accounts > Delete Account.

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