Modern growth tech is 80% perception, 20% reality.
Because with the capital that good perception affords, you can build a different reality.
Ergo, Altman seems to be spending more effort on managing perception than reality.
Because with the capital that good perception affords, you can build a different reality.
Ergo, Altman seems to be spending more effort on managing perception than reality.
Because with capital, you can hire (mercenary) engineers.
As in using money, to pay engineers, to solve the problems you have.
There are fine lines between "fraud", "fake it till you make it", and "projecting confidence".