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I just discovered the /founders channel! Thinking about how most startup founders are new, so most are early stage, so most will fail, I asked myself what’s worth reminding the community tackling these high-risk projects. In my journey, we’ve faced multiple “extinction events”—moments when companies either adapt or fail.
In 2017, my first product as a founder—on-device machine learning—was too early, didn't have a market, and needed a whole lot of expertise. Seven years later, the deepest experts in the world launched the solution to a massive market (https://machinelearning.apple.com/research/introducing-apple-foundation-models).
Reflecting on that, I pulled out 5 extinction events has shaped us. Survive, you’re doing it right. https://textile.notion.site/Five-major-startup-extinction-events-warpcast-8d8e6162960b41aca79e823088227aee?pvs=4.
TL;DR
1. Unique insights, talent, or resource
2. Timing
3. Execution & focus
4. Team
5. Network effects
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