I think the core of business is about users, and specifically
providing users what
they want.
One of my earliest mistakes was overtly focusing on technology
and less on the
core of business. However, recently my mistake
was overtly focusing on
the business ideas and less on understanding the technology.
I think both are important. Ideally, I want the roadmap of
business development
to align with the trajectory of technology
development. This is what I think surfing
the wave of technology
means.
A simple example is that we know predictably that LLMs will get
smarter, more
agentic, and cheaper. So it would be nice if my
business logic relies on this
technology assumption, i.e., my
business will get better as this technology
trajectory furthers.
I think technology fundamentally enables new and much better ways
to do
business and serve customers. And this is why new companies
and small
players emerge all the time in the tech space.