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Startup Research: Oxymoron or Key to Success? | Perceiving Systems Blog

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I used to have a mantra: "startups shouldn't do research". My argument was that research burns someone else's money and your equity while you try to figure out your problem. Times have changed and so has my thinking. My old thinking went like this: academic spin-offs have a big advantage that many people don't realize. Academic funding is a "fixed-dilution" investment. Your technology licensing office is going to take a percentage of your company when you spin out. But it doesn't matter whether you spent 1 year, or 5, or 10, developing the technology. They'll still want the same amount. So stay "spun in" as long as necessary to de-risk the technology. Spin-out only when you know it works and are ready to commercialize it. While the above is still true for many fields, the crazy pace of AI has changed my thinking. Whatever technology you're working on in the lab today is likely to be outdated in 6-12 months. So what an AI startup needs is a team that can quickly absorb and take advantag

Startup Research: Oxymoron or Key to Success? | Perceiving Systems Blog --> Startup Research: Oxymoron or Key to Success? Should AI startups do research? 26 April 2024 Blog Post --> Michael J. Black 7 minute read Michael J. Black I used to have a mantra: "startups shouldn't do research". My argument was that research burns someone else's money and your equity while you try to figure out your problem. Times have changed and so has my thinking. My old thinking went like this: academic spin-offs have a big advantage that many people don't realize. Academic funding is a "fixed-dilution" investment

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