yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Better models, better startups.


less than 1m read
·Nov 3, 2024

Um, this can just basically supercharge that and, you know, have one person do the work of 10.

Yeah, we call this episode "Better Models, Better Startups." I think that is literally true for B2B companies, where it's like the underlying models—like B2B software business models—are so much about how do I upsell? Like, how do I make more money per customer next year than I did this year?

And it just—hey!—like every time the model gets better, you can just pass that along as like an upsell, premium feature, or an upgrade to the software, and your end user doesn't care. Right?

Right! Like, they just care about what the function the software can do for them.

And so, I think there's a world where the models keep getting better, you've got your choice of which one to use, and the additional functionality you just charge more to your customers for, and you make more money.

Yeah, that's definitely what we're seeing at YC. I mean, last batch, people were making $6 million a year right at the beginning of the batch, and it ended up being north of $30 million by the end of the batch.

So, that's some really outrageous revenue growth in a very, very short amount of time—three or four months.

More Articles

View All
Net Present Value: What Future Income Is Worth Today
Let’s talk about NPV. NPV is just the net present value of something. It’s when you say that stream of payments I’m gonna get in the future: what is that worth today? So a common example of this is you’re joining a startup company and you’re getting stoc…
How The World’s Richest Man Actually Has Very Little Cash...
As of October the 13th, 2021, the Forbes realtime list of billionaires has Elon Musk at number one with a personal net worth of $26.6 billion. If you want some context, that’s about the same as the gross domestic product of Greece. This means Musk’s fortu…
Warren Buffett: How to Make Money During a Recession
So it seems like pretty much everyone is worried about the economy right now, and for good reason. Inflation is at a multi-generational high. The last time inflation was this high in the United States was in 1981, more than four decades ago. In order to g…
Worked example: Maclaurin polynomial | Series | AP Calculus BC | Khan Academy
We’re told that ( f(x) ) is equal to one over the square root of ( x + 1 ), and what we want to figure out is what is the second degree Maclaurin polynomial of ( f ). And like always, pause this video and see if you could have a go at it. So, let’s remin…
Why was George Washington the first president? | US History | Khan Academy
So in the early debates about the Constitution, there were folks that wanted a strong central leadership and other folks who didn’t because they felt it felt a lot like George III. How did the existence of Washington as a person affect the debate? It’s a…
15 APPS RICH PEOPLE USE
Did you know there is an entirely different universe of apps that rich people use? Let’s get you plugged in. Here are 15 apps rich people use. Welcome to alux.com, the place where future billionaires come to get inspired. Number one: Twitter. You might b…