20VC: Mercor: From $1M to $500M in 17 Months: The Fastest Growing Company in the World | How to Think About Margins and Revenue Sustainability in AI | Why Evaluation Benchmarks in AI are BS Today with Brendan Foody

20VC: Mercor: From $1M to $500M in 17 Months: The Fastest Growing Company in the World | How to Think About Margins and Revenue Sustainability in AI | Why Evaluation Benchmarks in AI are BS Today with Brendan Foody

Brendan Foody is the Co-Founder and CEO @ Mercor, the fastest growing company in history. The company solves talent allocation in the AI economy and they have scaled from $1M to $500M in revenue in just 17 months. With a rumoured new funding round pricing the company at a whopping $10BN, the company has the likes of Benchmark, Felicis, Emergence, and of course, 20VC, all on their cap table.

AGENDA:

04:34 Why My Mother Thought I Was Selling Drugs as a Kid

07:48 In The Time My Peers Graduated, I Created a $10BN Business; Is College Worth it?

10:27 Scale, Surge, Mercor, Turing: How Do Data Providers Differentiate

20:57 Scaling from $1M to $500M: We Quadrupled Since Scale was Acquired

33:43 Is There Too Much Cash in Private Markets?

34:55 Why Evaluation Benchmarks in AI are Total BS

35:44 Revenue Sustainability in AI Companies

36:48 Should Investors Give a S*** About Margins When Analysing AI Companies

40:46 The Future of AI Model Providers: Who Wins

45:58 You Cannot Create a $10BN Company without 9-9-6 Work Culture

48:56 We Literally Have Too Much Money, We Cannot Spend It…

52:36 Quick Fire Round: OpenAI vs Anthropic, Lessons from Peter Fenton and Jack Dorsey

Episoder(1437)

20 VC 062: Shaking Up London's VC Scene with Fede Pirzio-Biroli, Founder @ Playfair Capital

20 VC 062: Shaking Up London's VC Scene with Fede Pirzio-Biroli, Founder @ Playfair Capital

Fede Pirzio-Biroli is Founder @ Playfair Capital, a leading investor in seed level, technology based startups. Fede founded Playfair Capital from his first investment in December of 2010 and the portf...

12 Aug 201526min

20 VC 061: Roxanne Varza on Pitching A VC in 10 Minutes and Maximising Media Exposure For Your Startup

20 VC 061: Roxanne Varza on Pitching A VC in 10 Minutes and Maximising Media Exposure For Your Startup

Roxanne Varza is currently the startup lead for Microsoft in France, running both Microsoft Ventures Paris and Bizspark. Prior to Microsoft, Roxanne was Editor of TechCrunch France and has been a gues...

10 Aug 201530min

FF 007: Founding Europe's Largest Trading App with Nick Bortot, Founder @ Bux

FF 007: Founding Europe's Largest Trading App with Nick Bortot, Founder @ Bux

Nick Bortot is the Founder & CEO at Bux, Europe's largest mobile trading platform with an incredible 175,000 active users. In his former life he was one of the driving forces behind the Dutch market l...

7 Aug 201522min

20 VC 060: 12 Acquisitions, $1bn In Exits, Mike Jones, Former MySpace CEO on Life At Science Inc.

20 VC 060: 12 Acquisitions, $1bn In Exits, Mike Jones, Former MySpace CEO on Life At Science Inc.

Mike Jones is the Founder and CEO at Science Inc. a disruptive media, marketing and commerce company that creates, invests, acquires and scales successful digital businesses. Their incredible portfoli...

5 Aug 201521min

20 VC 059: How To Approach VCs with Arteen Arabshahi, VC @ Karlin Ventures

20 VC 059: How To Approach VCs with Arteen Arabshahi, VC @ Karlin Ventures

Arteen Arabshahi is a VC at Karlin Ventures, where he specialises in enterprise software, commerce platforms, and marketplaces. Prior to Karlin Ventures, Arteen spearheaded the launch of Built In LA, ...

3 Aug 201529min

FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams

FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams

Matt Williams is Founder and CEO of Pro.com. Prior to Pro.com, Matt served as entrepreneur-in-residence at Andreessen Horowitz, following his time at Digg where he led the complete overhaul of Digg wh...

31 Jul 201522min

20 VC 058: 10 Key Traits To Be A Successful Founder with David Wu, General Partner @ Maveron

20 VC 058: 10 Key Traits To Be A Successful Founder with David Wu, General Partner @ Maveron

David Wu is a General Partner at Maveron, which he joined in 2012 to help identify new investments in Web companies that have the potential to become leading consumer brands. He sourced and led Mavero...

29 Jul 201523min

20 VC 057: The Investor Checklist with Nicolas Wittenborn, VC @ Point Nine Capital

20 VC 057: The Investor Checklist with Nicolas Wittenborn, VC @ Point Nine Capital

Did you know: The name Point Nine Capital originates from the 0.9 version of a product that is early but has great potential. Nicolas Wittenborn is a VC at Point Nine Capital, one of the leading seed ...

27 Jul 201525min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
okonomiamatorene
liberal-halvtime
rss-politisk-preik
rss-markedspuls-2
lederpodden
rss-pa-konto