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579 points paulpauper | 2 comments | | HN request time: 0s | source
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ohgr ◴[] No.43603901[source]
It’s not even approaching the asymptotic line of promises made at any achievable rate for the amount of cash being thrown at it.

Where’s the business model? Suck investors dry at the start of a financial collapse? Yeah that’s going to end well…

replies(2): >>43604138 #>>43608966 #
maccard ◴[] No.43604138[source]
> where’s the business model?

For who? Nvidia sell GPUs, OpenAI and co sell proprietary models and API access, and the startups resell GPT and Claude with custom prompts. Each one is hoping that the layer above has a breakthrough that makes their current spend viable.

If they do, then you don’t want to be left behind, because _everything_ changes. It probably won’t, but it might.

That’s the business model

replies(2): >>43604216 #>>43604727 #
ohgr ◴[] No.43604727[source]
You missed the end of the supply chain. Paying users. Who magically disappear below market sustaining levels of sales when asked to pay.
replies(2): >>43605065 #>>43605513 #
AstroBen ◴[] No.43605513{3}[source]
> Going from $1M ARR to $100M ARR in 12 months, Cursor is the fastest growing SaaS company of all time

Just because it's not reaching the insane hype being pushed doesn't mean it's totally useless

replies(1): >>43606015 #
ohgr ◴[] No.43606015{4}[source]
I've been here a long time (not this account) and have heard this many times. They all died or became irrelevant.
replies(1): >>43608724 #
1. maccard ◴[] No.43608724{5}[source]
You’re on a startup forum complaining that vc backed startups don’t have a business model when the business model is the same as it has been for almost 15 years - be a unicorn in your space.
replies(1): >>43609015 #
2. ohgr ◴[] No.43609015[source]
This is not a unicorn. It's a donkey with a dildo strapped on its head.