Hey Product Hunt

I'm Antonio, a solo dev from Spain building and shipping products in public.

Currently working on three things:

Autoreport sends Stripe founders a PDF report every Monday morning. Revenue, payments, new vs returning customers, refunds, and an AI-written narrative connecting the dots. No dashboard, no login. Just open the email with your coffee. autoreport.dev

Update: The Deel Leaderboard will no longer be going ahead today for the Paris event.

We re teaming up with The Pitch by @Deel, a global startup competition where up to 100 winners will receive $50k in funding and up to 10 winners will receive $1M+.

There used to be at least some clear logic behind startup valuation.
You d take:
hours rate MVP cost.
That gave you a rough valuation floor.
Not perfect. But it was an anchor.
That anchor is now gone.
AI made MVPs almost free.
~$300. Two weeks. One person.
And if a product costs almost nothing to build
what is valuation based on now?
The answer is uncomfortable:
your product itself is no longer inherently valuable.
Investors no longer look at:
how long you ve been building
how many developers you have
how much money you ve invested into the product
Because none of that proves anything anymore.
Now there s only one question:
who is paying?
If no one is
then in their eyes, your startup is worth roughly what your MVP cost.
Here s what actually changed:
why pre-seed is now about MRR, not MVP
how investor requirements shifted
why solo founders suddenly became viable
and where moat actually lives when your product can be cloned in two weeks
Full breakdown here

https://substack.com/home/post/p...
And I have a qustion to you:
Did AI kill innovative startups and turn venture into short-term revenue games?
What do you think?