Solivan: AI startups today require significantly more capital to launch
Leah Solivan · Taskrabbit: From scale to sale in 10 years (with founder Leah Solivan) | Masters of Scale · Aug 15, 2024 · at 5:22
Leah Solivan, founder of TaskRabbit and General Partner at Fuel Capital, compares the infrastructure costs of founding a company in 2008 to launching an AI startup today.
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“Technologies like AI, it's a big game changing technology, but the costs are still so high to launch something. I think startups, you know, need to raise a lot more money to get started right now today. Than I did. I mean, I started with 250 K from angel investors, right? And that got me pretty far.”
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