Affordable Methods for Testing Early-stage Product Ideas with Generative AI
Published in
5 min readJun 10, 2023
Entrepreneurs and product managers are prone to overconfidence bias. When we correlate the success rate of one out of ten start-ups with the average angel investment size of $75,000, it becomes apparent that the startup scene’s burn rate of $2.5 billion annually (considering roughly 100 new products published per day on ProductHunt) is an understatement.