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The future of search is being reinvented with generative AI

VC Cafe

But two years after Google came to the fore in 1998, Google became the number one search engine and “Googling” has become synonymous with web search. If all that wasn’t enough, you have the problem of model hallucinations, where the conversational UI offers an answer that is well articulated, but completely wrong.

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Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

Rent seekers are individuals or organizations with successful existing business models who use government regulation and lawsuits to keep out new entrants that might threaten their business models. We competed with other technology companies, and, like Bill Gurley, largely ignored whatever was going on in Washington.

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Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. Using this idea to differentiate themselves as the hot new Silicon Valley VCs, some of his former business school students made this phrase their rallying cry. The only problem is that it’s simply not true. Golder and G.

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10 CEOs Who Made Huge Mistakes

Up and Running

While Microsoft introduced MSN Search in 1998, the site purely used an existing search engine, Inktomi, to gather results. If we can learn anything from Gates’ mistake, it’s that you shouldn’t ignore your competitors or an upcoming area in your field, particularly in the technology sector. What can you learn from their mistakes?

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Gaming is Eating the World

VC Cafe

Popular games like the Lineage IP, released by NCSoft in 1998, has generated over $4 Billion in revenue over its lifetime, most of it driven by its mobile version. New technology – games today are by default much more technological & data driven and thus more open to innovation. SensorTower’s top grossing mobile games.

Global 131
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New Rules for the New Internet Bubble

Steve Blank

Rather they understood that a startup is a temporary organization designed to search for a repeatable and scalable business model. Rules for building a company in 2011 are different than they were in 2008 or 1998. Filed under: Technology , Venture Capital. The New Exits. You have to deliver.

Internet 334
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Revenue Development

K9 Ventures

We really were doing the i-thing before Apple came out with its first iMac in 1998. In my mind, there are two main facets to Revenue Development: a) Business model iteration, and, b) Pricing iteration. Very often what a startup’s business model is going to be is unclear. The product worked.

Revenue 72