The point I maybe did not stress enough on is the relationship aspect is two folds:
- Have ability to gain hard-to-obtain relationships in the beginning
- Have ability to grow the pace at which you gain those over time
It the beginning it will give you the money to play the game long enough (ie: customers and angel investors). In the short term it help tremendously in deal-making, fundraising, enterprise sales, hiring superstar employee. In the long term, you can broker insane deals like OpenAI convincing Microsoft to invest $10B and bet their AI future on you or get acquired.
PS: Microsoft is now backtracking out of that situation, but Altman convincing them to get in bed in the first place is very impressive.
- Have ability to gain hard-to-obtain relationships in the beginning
- Have ability to grow the pace at which you gain those over time
It the beginning it will give you the money to play the game long enough (ie: customers and angel investors). In the short term it help tremendously in deal-making, fundraising, enterprise sales, hiring superstar employee. In the long term, you can broker insane deals like OpenAI convincing Microsoft to invest $10B and bet their AI future on you or get acquired.
PS: Microsoft is now backtracking out of that situation, but Altman convincing them to get in bed in the first place is very impressive.