This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. In February, I picked up a flyer at an anti-AI march in London. I can’t say for sure whether or not its writers meant to riff on South Park’s underpants gnomes. But…
For years, founders have been told to skip the business plan and just start. But the rise of directionless businesses suggests that ditching planning may have created a bigger problem.
The tactics that once drove startup momentum are losing power in saturated markets. What stands out now is not more pressure, but more coherence, restraint and trust.
For years, founders have been told to skip the business plan and just start. But the rise of directionless businesses suggests that ditching planning may have created a bigger problem.
The tactics that once drove startup momentum are losing power in saturated markets. What stands out now is not more pressure, but more coherence, restraint and trust.