I’m old enough to remember when doubling down on R&D was the shrewd advice in a bear market, and startups were all about investing in R&D.
It’ll be interesting to see whether sprinkling in AI will be enough for SaaS culture to escape its reckoning. Maybe this time.
If you’re a startup, now is the time to ensure 100% of your effort is going into the highest impact areas of your business. The side projects and low probability bets are for another time, you can’t afford to dilute your efforts now.