EO23 Sep

He Raised $26M Betting on Probabilities, Not Guesses | Koah Labs, Nic Baird

Nic Baird was on track to become one of the best sailors in the world. He walked away to make a statistical bet on startups, and built Koah Labs, the ad monetization platform for AI tools, raising $26M along the way.In this interview, Nic opens up about:The decision framework he learned from competitive sailing: how to make the biggest bets of your life when you don't have all the informationWhy starting a company is a "high variability, low risk" move, even if you failHow self-doubt loses to your environment, not your willpower, and the community that finally made him believe he could buildWhy he bet on ads when every VC in 2024 was preaching that subscriptions were the only future for AIThe real bottleneck for AI agents: not the technology, but how long human trust takes to catch upWatch to see how a world-class sailor used probability and expected value to walk away from going pro, and bet on building instead.00:00 Intro01:50 How a World-Class Sailor Decides Under Uncertainty05:23 To Become a Builder, Be Around Builders08:34 Subscriptions Killed AI Apps, Ads will Save Them11:36 Can Ads Actually Be a Good Experience?12:54 The Bottleneck is Now Humans, Not TechEO stands for Entrepreneur& Opportunities. As we're looking to feature more inspiring stories of entrepreneurs all over the world, don't hesitate to contact us at partner@eoeoeo.netLinkedIn | @EO STUDIO X | @eostudi0 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(285)

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