Positioning a Machine Learning Company

The classic guide for entrepreneurs preparing a pitch is Sequoia's Business Plan Template. This post aims to be a mere addendum to that in the age of machine learning. Why do investors spend so much time focusing on'differentiation'? The job of an investor is to allocate money to its best use. Investors shouldn't allocate money to a company unless it is crystal clear that the company is the best one to solve a particularly valuable problem.