The Tech Is Not The Moat: What 39 Harvard MBAs Taught Me About AI, Startup Building, and 10x Founders

I keep being impressed by the new ways I see people using AI and how these ideas have yet to go mainstream.

Prototyping with AI at HBS

November 2024, Professor Jeff Bussgang, Professor Christina Wallace, and I taught a hands-on workshop in the Launching Technology Ventures (LTV) class at Harvard Business.

The goal was to have students, especially those non-technical, go from -1 to 0 taking a startup idea, building a lean canvas, and launching a first prototype all with AI.

Impact

What I didn’t expect was how much the students would teach us about the changing nature of technical advantage in startups. As one student put it:

"The tech is not the moat!"

A few of my favorite quotes about the impact of the workshop:

"I really wish I had known about these tools when I started working on my startup a few months ago."
"This exercise convinced me that if you're performing ideation and not using AI tools in the process, you're handicapping yourself unnecessarily. AI dramatically improves the process every single step of the way and is an invaluable tool."
"More than ever I'm convinced that even as someone with technical training I either have to learn these tools or perish."

One student was even rickrolled by ChatGPT!

"In the first iteration of my landing page, ChatGPT added the music video for ‘Never Gonna Give You Up’ by Rick Astley under the heading "See Soar in Action"...something you'd definitely want to watch out for."

(I had to double-check her conversation on that one to verify that for myself!)

Takeaways

You can read the detailed takeaways in Professor Bussgang's article here:

How to Teach Using AI to Enable 10x Founders—even non-technical ones—in the Product Market Fit Journey

You can see the student results here:

HBS AI Showcase - Launching Technology Ventures
Harvard Business School AI Showcase of student projects for Launching Technology Ventures Autumn 2024 class. Taught by Jeff Bussgang, Christina Wallace, Jero Beccar, and John Yang-Sammataro.

And if you want to try it out for yourself, here's the open-source version of the exercise:

Prototyping with AI Workshop - Harvard Business School - Launching Technology Ventures - Fall 2024

Next Steps

Professor Bussgang also goes into more detail about how some of the latest AI implications from our class apply to timeless strategies and tactics to finding product market fit in his new book The Experimentation Machine Finding Product-Market Fit in the Age of AI:

The Experimentation Machine: Finding Product-Market Fit in the Age of AI: Bussgang, Jeffrey J: 9781962339087: Amazon.com: Books
The Experimentation Machine: Finding Product-Market Fit in the Age of AI [Bussgang, Jeffrey J] on Amazon.com. *FREE* shipping on qualifying offers. The Experimentation Machine: Finding Product-Market Fit in the Age of AI

We're doing a second iteration of the class workshop in March 2025. AI is moving so quickly. I'm excited to see how tools evolve and how we change the workshop along with them.

If you have questions, comments, or feedback, drop me a line!