alt Hacker News> How can we throw away years of work?
This trap has killed many startups, well before AI.
Now that code is cheaper to write, hopefully it becomes less of a problem?
In either case, founders should never fall in love with their solutions.
> How can we throw away years of work?
This trap has killed many startups, well before AI.
Now that code is cheaper to write, hopefully it becomes less of a problem?
In either case, founders should never fall in love with their solutions.
It’s easier to view it in terms of DCF - the value of a cash flow generating asset = present value of expected cash flows discounted back at a risk discount adjusted rate. In other words what you’ve invested into your existing assets is irrelevant - the cash flows generated by them and the growth assets through future investment, is what matters.