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We argue that building a firm around AI isn't just about the *process* changes (e.g. using Cursor) but also involves a *product* channel whereby firms embed AI into what they sell which then changes how the firm should be organized.
https://twitter.com/profhamel/status/1319722727352090624With @RonnieChatterji @shariqueorg and Solene Delecourt (@HarvardHBS @DukeFuqua @BerkeleyHaas) we have run RCTs looking on whether and when getting advice improves startup growth. Advice helps, especially for entrepreneurs with less training:
1/ First of all, this paper comes out of Stefan’s amazing dissertation work @HarvardHBS.