The next billion dollar startup...
It's an AI startup...
Long story short, this newsletter, allows you to discover ideas related to marketing, business & technology. I’d also be sharing my experiences building Discovery AI.
Looking to transcribe customer calls, capture and centralize insights easily, sign up at usediscovery.ai.
In startups, days can be like years and a month like a decade. But with AI, years are being compressed into mere hours. Every minute, someone is shipping something new.
A Personal Anecdote
I experienced this firsthand, recently. Two years ago, I launched a personal finance product that gained traction quickly, earning a top 5 spot on Product Hunt's product-of-the-day list within just an hour of launch. Fast forward to this week, I launched another product that received more upvotes (more popular) but didn't come close to the front page.
The New Normal: Rapid Launch Cycles
New products are being launched at a pace never seen before. Spending three months to launch an MVP for a software product is like using a Chrome browser on a Windows 10 - it’s too slow. The bar has been raised, and innovation is happening at an incredible speed.
Another example is Perplexity, a Google Search-like AI startup founded barely less than two years ago. It has less than 50 employees and more than 50 million users. And it’s worth more than a billion dollars.
Long story short: With the abundance of no-code and AI tools, you can move faster and do more with less.
The loudest AI hackathon (online + IRL) - Build AI 2024! (Vancouver, London & Virtual)
So, are you ready to build the next billion-dollar startup in 3 days? Beeloud, a Vancouver-based accelerator, wants to help you achieve just that.
From May 10-12, go from 1 idea to MVP to user.
You can join with your own idea or come build with others. Whether you’re a developer (including low/no-code developers), startup founder, creative designer, data scientist, or marketer, you can participate with any relevant skill or idea.
Register early for free (registration closes in a few days). You can join physically in Vancouver or virtually.
With so many tools available to build products rapidly, it means competition is more fierce and founders have to get even more intense and creative with:
finding their first set of users,
building a differentiated product value and messaging.
It's no longer just about building a great product - it's about standing out from the crowd and building products that your target audience wants.
I’ll be sharing in the coming weeks how we’re going about getting our first set of users.
If you’re building a product or a product manager at an early-stage startup with less than 100 employees, I’d love to speak with you about tools you currently use for user discovery research. Please reply to this email, thank you.
That’s it for this week. Until the next.