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Vishu Bheda
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Medial • 5m
Former Google CEO Eric Schmidt explains why Google lost its top spot in AI. Eric Schmidt believes startups succeed because founders and their teams work extremely hard and move fast. He says founders are special—they push people, challenge limits, and focus on winning. Startups lose their edge when they slow down. For example, Google shifted to focusing on work-life balance and flexibility, which, according to Schmidt, made them slower. He shared a story about Elon Musk, who took a late-night flight to attend a midnight meeting at xAI. Why? Because in some businesses, especially those with network effects, speed is critical. The faster you move, the better your chances of winning. The lesson is simple: if you're building something new, time is your greatest asset. Work hard, stay focused, and move fast to stay ahead of the competition. If you like this, then follow for more valuable startup insights.
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