How do investors value an MVP you built in 2 weeks with AI?

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-191962756

And I have a qustion to you:
Did AI kill innovative startups — and turn venture into short-term revenue games?
What do you think? 👇💬