takklz

This is actually super interesting use case for AI.

It’s no secret that corporate litigation take a significant amount of time and money in lawyers fees (corporate attorneys are expensive obviously). But if you can navigate a case Pro Se via a AI does the cost burden on the corporation effectively turn the tables on the ROI calculation.

I remember where I wanted an intel pentium 4 back in the day so bad!

Same thought I had. Almost everything piece of technology that I use is broken in some way. UI bugs, connection issues, missing obvious features, missing non obvious features that might be specific to me, terrible UI, etc etc.

If AI is so useful that it can fully replace engineers or other humans, why aren’t products next level amazing?

If the barrier to entry for these high margin tech companies becomes so low that they no longer even need employees, isn’t the next step to compete on quality?

Geeeeeze

The rank and file equity pitch is quickly falling apart…

Isn’t the 409a valuation FMV? I thought that the whole point of the 409a valuation was to find FMV? Do you mean par value?

You don’t keep the shares?

Sorry, you’re right. There should be a third option

3) You keep the shares and hope for the best outcome. (If they don’t want you to then go back to 1 or 2)z

Ahhh yes same thing

My two cents…

1) They buyout the shares. If they don’t want to do that then…

2) Sell the company.

If either of these can’t happen the company is dead and everyone parts ways. It’s as simple as that. No free rides here.

This is a joke right? Seed investors will get 10-30% of a company for under a million dollars which will be blown through in less than a year. That’s means they’re a drag on the cap table right?

The juice has to be worth the squeeze. No sense in fighting against fiduciary duty, minority shareholder oppression, etc., etc. unless there is some sort of value there. This usually means a successful exit before taking action.

I've listened to so many CEOs in various industries (not just tech) salivating at the potential ability to cutout the software engineering middle man to make their ideas come to life (from PMs, to Engineers, to Managers, etc.). They truly believe the AI revolution is going to make them god's gift to the world.

I on the other hand, see the exact opposite happening. AI is going to make people even more useful, with significant productivity gains, in actuality creating MORE WORK for humans and machines alike to do.

Leaders who embrace this approach are going to be the winners. Leaders who continue to follow the hype will be the losers, although there will probably be some scam artists who are winners in the short term who are riding the hype cycle just like crypto.