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It's an interesting question to ask what Midjourney and OpenAI/Anthropic have that Stability and Google doesn't have. The best answer I can give is "good taste" - specifically the ability to take relatively standard model components/architectures and tune the hell out of them so that a lot of people will enjoy using the end product. Having good taste is a hell of a moat, which is how fashion designers build multi-bil…
> The best answer I can give is "good taste" Midjourney's initial success was a combination of elusive marketing and a unique style. They focused on building a large community and took advantage of constant feedback. > (I am not talking about the old "houses" - those are about the logo, but new brands are different) Have you looked at Hermès' business model? It has never been about their logo. They'll often hide it f…
Re: How Stability AI’s founder tanked his billion-dollar startup
#11I agree with you about Hermes and actually the majority of the lines by most of the houses (not the cheap lines), but when you talk about fashion here, a lot of people think about the branding-focused groups like Gucci, Tiffany, or Louis Vuitton.