Startups

2 posts

The Misfit's Playbook: How MiniMax Challenges Big AI's Burn Rate with Efficiency

MiniMax, China's AI outlier, reveals a path less traveled: achieving global multi-modal leadership with a fraction of the capital and a fraction of the spend of its peers.

The Misfit’s Playbook: How MiniMax Challenges Big AI’s Burn Rate with Efficiency On China’s crowded large language model chessboard, MiniMax has always been the difficult-to-categorize “misfit.” While its peers raise tens of billions, engage in compute arms races, and spend lavishly on user acquisition, MiniMax’s recent filings dropped a figure that silenced the industry: since its 2022 founding, it has spent a total of approximately $500 million. What does $500 million mean?

AI Era Business Moats: Why Speed and Process Power Trump Traditional Advantages

Discover how business moats are evolving in the AI era, where velocity and operational excellence create stronger barriers than traditional competitive advantages.

AI Era Business Moats: Why Speed and Process Power Trump Traditional Advantages Many entrepreneurs fall into the trap of believing they need to build defensive moats before even starting their ventures. This is a fundamental misunderstanding—moats aren’t prerequisites for starting, but rather emerge as natural byproducts of scaling from 1 to billions of users. The obsession with “not seeing a moat” often prevents promising ideas from ever launching, mistakenly bringing late-stage concerns to the earliest phases.