"My mental model for you on how the competitive landscape looks like is: OpenAI is in a corner and every Big Tech company has a bazooka pointed at them to try to take them down,"
"Because none of those Big Tech companies want a new Big Tech company."
"We should want it to be a competitive fair fight for a new company to break into Mag Seven,"
"There isn't a risk-adjusted better return than OpenAI, and therefore if we're given a decision, we should do it,"
OpenAI faces coordinated competitive pressure from major tech firms that view it as a potential new Big Tech rival. Thrive Capital is a significant investor in OpenAI and highlights the company's attractive risk-adjusted returns while also emphasizing the need for diversified portfolio risk-taking. Recent OpenAI moves, including adding apps inside ChatGPT and reaching large weekly user counts, have positioned the company closer to established incumbents. The entrenched 'Mag Seven'—Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, and Nvidia—represent dominant competitors that may resist a new entrant challenging their market positions.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]