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
The Second Great Awakening - part 2
In the last video, I started discussing the Second Great Awakening, which was this era of increased religious fervor, religious conversion, and religiously inspired social action that happened in the early 19th century of the United States’ history. So ap…
Introduction to residuals and least-squares regression | AP Statistics | Khan Academy
Let’s say we’re trying to understand the relationship between people’s height and their weight. So what we do is we go to 10 different people and we measure each of their heights and each of their weights. And so on. This scatter plot here, each dot repr…
Where does NASA keep the Moon Rocks? - Smarter Every Day 220
[Destin] What is this? Apollo 11, the first mission. [Destin] This is Apollo 11? [Andrea] The first mission, these are the samples, all the samples that were brought back from the Apollo 11 mission. [Destin] Is it still awesome for you? It’s awesome,…
Ecosystems and biomes | Ecology and natural systems | High school biology | Khan Academy
So just as a bit of a review, if we take the members of a certain species that share the same area, we call that a population. Population, all of the organisms in this particular population will be members of the same species. There could be other member…
You Are a Ghost Driving a Meat Covered Skeleton Made Out of Stardust
Consciousness, it’s our awareness, our understanding, our ignorance, our daily. Consciousness leaves out more than it takes in, and due to this, it leaves out important things, things that would help relieve us if we knew them. If we had a higher awarenes…
Sad, Bored, Anxious? Maybe You've Got Weltschmerz
Watching Disney movies when we’re young teaches us that good always prevails and that we all live happily ever after. But when we’re confronted with the real world, we see that this mechanism isn’t always in effect. Looking at all the suffering, the injus…