Make Revenue On the Way

• Meta invested a lot of money on Metaverse and in the end it only had 25 users. [No credible source]
• The approach at Telsa however is to make money on the way too. This make the employees motivated.

From Andrej Karpathy's talk: [https://www.youtube.com/watch?v=cdiD-9MMpb0&t=6910s]

Transcribed & Paraphrased:

• The way you want to structure the development is:
  • You need to say it's going to take a long time,
  • How can I set up the product development roadmap so that I'm making Revenue along the way
  • Don't set up for a zero one loss function where it doesn't work until it works.
• You want to make it useful almost immediately and
  • then you want to slowly deploy it and at scale
  • and and you want to improve the product over time.
• Revenue along the way is extremely important because otherwise you cannot build these these large undertakings. They don't make sense economically.
• Also from the point of view of the team working on it they need the dopamine along the way. They're not just going to make a promise about this being useful, this is going to change the world in 10 years when it works. i.e. Team needs to be motivated.