Jun 5 • General 🧚♀️
Builder.ai: Scandal or did they do everything right?
I'm sure most of you have read the news about Builder.ai (https://www.business-standard.com/companies/news/builderai-faked-ai-700-indian-engineers-files-bankruptcy-microsoft-125060401006_1.html)
A company claiming to have an AI that could code, in reality, had 700 Indians in the background.
It is flagged as a scandal in the media and on social networks. However, following the Lean startup approach and everything we discuss here (which makes sense!)
- You don't start by building, you start by validating
- You sell before you build
- You manually deliver, even if you lose money, to find the best delivery concepts
- Then, when you know what you really need, then you start automating and investing in building solutions
- And then you optimize for profit and have a running business
Perhaps Builder.ai only got to step 3/4. They did everything right, by first validating if there is a market and need, delivering "manually" while validating, then trying to rapidly build an AI.
Or?
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Builder.ai: Scandal or did they do everything right?
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