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- [00:02]
Jordi
We have some huge news. This is from the OpenAI blog. OpenAI acquires TBPN, accelerating the global conversation about AI. This is not an April Fool's joke. April Fool's was yesterday. We didn't do anything for April Fool's Day. This is real. This is a very interesting deal. I think a lot of people will be interested in this. We're very excited about this. We have a bunch of context and information to share about how this changes things. What changes, what doesn't. I'm sure there's a million questions. We're going to try and get to them all. But then we also have a huge normal show because.
- [00:35]
Ben
Normal show. We got Mark Lore.
- [00:37]
Jordi
That's the first coming on. Not changing. TVPN is not going away. We're going to be live every day, three hours, as long as we want. We have a lot of flexibility. We're going to do a lot of interesting things. If you are calling me right now, I can't pick up because I'm live. And I think, you know, it might
- [00:51]
Ben
be time to turn off the phone.
- [00:52]
Jordi
I think, yes, it might be time to turn off the phones.
- [00:54]
Ben
Yeah. Very, very strange. I think this is maybe the first time in history there's been a deal like this and then two people that are a part of it have to go and talk for three hours straight. But it's technology business as usual over here.
- [01:08]
Jordi
We're very excited about the Artemis 2 mission going successfully. Hopefully you all watched it. It was a lot of fun. We were watching it here on the, on the screen and we were gripped as the rocket took off because, yeah,
- [01:19]
Ben
we were, we were so locked in. We were joking around that it should, it felt like it should have been a pay per view, like, could we turn space into a profit center for the government?
- [01:27]
Jordi
Somebody was saying that it was not entertaining. I was extremely entertained. I don't know. Yeah, maybe, maybe they could do more.
- [01:32]
Ben
But NASA has a decent E commerce business too. We are watching. They were selling like 10,000 patches a minute or something like that.
- [01:39]
Jordi
Yeah, yeah, yeah. I think we were. We were doing the back of the envelope just from the main call to action. At the bottom of the YouTube stream, they were selling a patch for, I don't know, tens of dollars. And they'd sold like hundreds of thousands of them. So as we were watching, they were selling like something like $10 million worth of merch. So maybe go get some for yourself. Anyway, let's go over to Fiji. Semo's post on the OpenAI blog. She shared this message with the company earlier today. She says, I'm excited to share that we've acquired tvpn. This acquisition brings a team with strong editorial instincts, deep audience understanding, and proven ability to convene influential voices across tech, business and culture. That's.
- [02:18]
Ben
I'm still going to be hitting the soundboard.
- [02:20]
Jordi
Yeah. Yeah, you are. TVPM has built something pretty special. It's one of the places where the conversations about AI and builders is actually happening day to day. A lot of you already watch it and rely on it to stay close to what's going on. As I've been thinking about the future of how we communicate in OpenAI, one thing that's become clear is that the standard communications playbook just doesn't apply to us. We're not a typical company. We're driving a really big technological shift and the mission of bringing. And with the mission of bringing AGI to the world comes a responsibility to help create a space for real, constructive conversation about the changes AI creates with builders and people using the technology at the center. And that's exactly what TVPN has built. Which is what I was going to say. This is the next line that is a huge part of the show is making sense of what's going on, how these tools are actually being used, all of the implications. We've gone all over the place and we will continue to go all over the place.
- [03:16]
Ben
Yeah. And over the last year, like, you know, there's just been so much. There's so much uncertainty about AI. I don't think we can change that.
- [03:23]
Jordi
Yeah.
- [03:24]
Ben
But there's also a lot of fear. Just talking through it with the people that are actually helping diffuse AI through the economy across every single industry is something that we've enjoyed a tremendous amount and is exactly what we're going to continue to do. If you want to continue.
- [03:39]
Jordi
Yeah, so she says. So rather than trying to recreate that ourselves, it made a lot of sense just to bring them in, support what they're doing, and help them scale while keeping what makes them special. A core part of this is editorial independence. We can say whatever we want because we're live and we don't need to run anything through anyone.
- [03:58]
Ben
It's not possible.
- [03:59]
Jordi
It would be very difficult to have somebody here. Can we say this? I'm about to say a sentence. TPPN will continue to run their programming, choose their own guests and make their own editorial decisions. That's foundational to their credibility. And it's something we're explicitly protecting as part of this agreement. And also we, we were never in the scoop industry. People were kind of asking like, is this journalism? Is it commentary? I think we've always been like, hey, we like to talk to a lot of people, have a conversation, bring in people.
- [04:23]
Ben
Yeah. And even when companies have approached us and said, we'll give you the exclusive, we don't.
- [04:27]
Jordi
Yeah, we'll say give it to somebody else.
- [04:29]
Ben
It's like, hey, you can come on the show. We actually want you to go talk to the Journal or the Times or Bloomberg, wherever. Bloomberg, et cetera, wherever you want to go.
- [04:38]
Jordi
And then come and contextualize it with us and let us dig in and understand more about the strategy. And so TBPN will continue running their programming, choose their guests, and make their own editorial decisions. That's foundational to their credibility and something we're explicitly protecting as part of this agreement. I'm also excited to bring their amazing comms and marketing instincts to the team. We got lots of ideas and we're very excited for this. They've helped many brands market online, and because they have a strong pulse on where the industry is going, their comms and marketing ideas have really impressed you. See, Mail me. I can't wait to leverage their talent outside of the show to innovate on how we bring AI to the world in a way that helps people understand the full impact of this technology on their daily lives. TVPN will sit within our strategy organization reporting to Chris Lehane. Really excited to welcome Jordy, John Dylan and the broader team. And here's a statement from you. Do you want to read this? What did you say?
- [05:30]
Ben
Over the past year, we've had a front row seat not just to OpenAI but to the entire ecosystem, covering the daily news, announcements and launches in real time. While we've been critical of the industry at times, after getting to know Sam, Fiji and the OpenAI team, what stood out the most was their openness to feedback. Feedback and commitment to getting this right. Moving from commentary to real impact and how this technology is distributed and understood globally is incredibly important to us.
- [05:55]
Jordi
I contextualize it a little bit more shared. You know, a lot of people are like, is this an April Fool's joke? I've been saying expect the unexpected. This is a plot twist, I'll give you that. It was unexpected. It was unexpected to me, but I'm really happy about it. And we. When I reflect on my career, I think it makes a lot of sense. And I can walk you through some of my career and my experience with OpenAI and with Sam Altman I've known Sam for maybe 13 years. He invested in my first company in 2013. And then we got in a really serious logjam during a financing and I wrote him an email. I told this story in Bloomberg a couple years ago. I wrote him an email and said, like, hey, like this is getting really rough. I'm a first time founder. I don't know if we're gonna be able to get this done. And he called me and we hopped on the phone for like five minutes and he was able to completely resolve everything. And everyone walked out of the deal feeling pretty good. And so that always left this impression on me that like he was founder friendly. Obviously he didn't. In this particular case, it was to my benefit, not particularly to his benefit, the way the deal like wound out. And he was just a great addition to the, to the negotiation and really.
- [07:03]
Ben
And you were very young at the time, you were just a wee lad.
- [07:06]
Jordi
I was.
- [07:06]
Ben
You were about 23, 24, something like that.
- [07:09]
Jordi
Yeah. And then when I took my second company through yc, he was president at the time. And then when I joined Founders Fund, the very first deal that I saw in motion at Founders Fund was the post ChatGPT round in OpenAI in late 2022, early 2023. And so I sort of had this like front row seat to all of this. And then once we actually started growing tvpn, he was one of the first people that I texted to say, hey, do you want to come on the show? And he was the first lab lead to come on the show. And we're excited to continue having him on the show, hopefully have other lab leads on the show, have other people from all over the industry. And just generally I think that when I was at Founders Fund, I was not particularly in the weeds of intra venture capital fights. I was much more interested in the conversation around technological stagnation, not funding companies, not making great companies happen. I never was in a situation where I was like, oh, like if a different VC firm backs a great company, that's bad, you know? And I think that's the same philosophy that I have always taken forward and will continue to believe in, which is that the American AI industry is the most important thing. And that will continue to be the case. And I'm excited for all the different competition and everything that's happening in the industry to continue and push further. Jordi, did you have anything else to say?
- [08:34]
Ben
I just wanted to say some thank yous because a lot of people have been a part of this journey to Date. It's been, I think, something like. Let me do the math here, 496 days. Roughly 16 months since we put out the first episode. Yeah, it was just the two of us and Ben sitting in a room, couple cameras, a couple microphones. And I will just say, I didn't know this special of a business relationship was possible between you and me. Yeah, Like, I think, like, if you look back on that, almost 500 days, we've had disagreements around strategy or approaches or things like that, but we have, like, almost universally stayed perfectly aligned on everything that matters every single day, every step of the way. And I think that's somewhat of a miracle, given that we went into this not really knowing what it would become.
- [09:28]
Jordi
And, yeah, we did, like, one side project together, and it took, like, eight months, and it was, like, not. It was, like, successful, but it was not like, oh, yeah, like, okay, we were. We were working together daily for months, you know. Yeah, it was a lot of just. Just jump in and leap of faith, right?
- [09:44]
Ben
Yeah. And I think we've got this question so many times, like, do you guys get sick of each other? You know, you just have to talk to each other for three hours a day. And like, I've said this before, I'll say it again, and it is actually hilarious. The second that we leave the office, we both get in the car, we call each other, we end up talking for, like, another hour on the way home. And so it's just been. It's been the privilege of a lifetime to just build this business with you and the whole team. The team has been absolutely incredible. You guys are all truly amazing. And this very much is a. This very much is a team. Like a team sport. Like, business is a team sport, but this is like a live team sport. We come in here every single day, and the show doesn't happen if we don't all come in and make it happen. And so the consistency of the team has been just incredible. And watching everyone's individual talents just flourish has been incredible. A lot of people came into this, you know, having done a thing or two in the past, but learning new things. Brandon has been absolutely incredible. Just an absolute rock in the organization. Brandon, if you're not familiar, writes our newsletter every day and is just remarkably consistent and has, like, you know, helped us shape our editorial approach, and it's been incredible. Dylan, who joined us, I guess, technically Q4 of last year, you know, I'd worked with him at my last company, but is truly, truly one of a kind. Remarkable. I never want To. I never want to do business without him. And he has just done such an exceptional job working off air. It's like, you know, challenging when you're building a company and you're also having to put on a live performance for three hours every day.
- [11:44]
Jordi
He wrote the newsletter yesterday, so.
- [11:46]
Ben
That's true. That's true.
- [11:47]
Jordi
I've had. He wrote the op ed Ben.
- [11:49]
Ben
Ben, who's been here since.
- [11:52]
Jordi
Since before TVP, and he was working with me on my YouTube channel. When did we start working?
- [11:57]
Ben
I was here before Jordy.
- [11:58]
Jordi
Yeah. Maybe like, mid 2024, maybe. Something like that.
- [12:04]
Ben
Sounds right.
- [12:05]
Jordi
Yeah. Fun videos. Yeah. Yeah. We traveled a lot. A lot of pelvic cases.
- [12:09]
Ben
No, but it's been absolutely incredible to watch you grow from an extremely talented individual and two very capable and talented manager and building out a team of people that are so hardworking and wonderful. And, you know, Michael Scott Jackson, you guys, you know, are so, you know, such a joy to work with. Even though what we do is not easy and it's changing, you know, day to day to all the guests. Seriously, it's been so much fun. Like, if you went back and rewound to the beginning of the show. We started with no guests. We did something like 50 episodes without any guests. We thought that there was a time that we thought we would just do that forever because that was the only thing that was, you know, really unique about the show.
- [13:07]
Jordi
Like, that's the reason I started creating content in 2020, because it was during COVID There were no events. There were no places to meet other founders, meet other business people. I wasn't thinking of it as, like, a media business. I was thinking of it as, like, a way to just have conversations and meet other people who are building companies. And now we get to do that all day long, which is just a dream come true.
- [13:27]
Ben
Yeah. So many guests have turned into dear friends, you know, the Joe Weisenthals, the Dylan Patels. There's really too many to list, but we will have you all back on the show, and I can't wait. To everybody that's tuned in, whether you've watched the RSS feed, the live show, the clips the newsletter laughed at, Card, you know, we've strived to create the right product regardless of how much time you have. If you have two minutes a day to read the newsletter, great. If you've got five minutes to watch some clips, if you want to watch the entire podcast, if you want to watch diet tbpn, the Daily Cut Down. Thank you. Thank you for tuning in. And fortunately, pretty much everything is going to stay exactly the same to our one and only Tyler. Tyler, you are truly, truly incredible. One of the brightest young people I've ever worked with. And you have such a bright future. You know, we always knew that. I felt from the very beginning that you would go on to start your own company. And we cherish every single minute that we have with you, and we're going to do our very best to retain you for decades. But thank you for everything you've brought to the show, everything you've built. Tyler, if you're just tuning in now, has built all of the internal software that we use to run the show.
- [14:59]
Jordi
It's insane stuff.
- [15:01]
Ben
It is a fully custom content management system, CRM. It helps us edit all of our videos. It is the backbone of the show. It's a. It's a tool that the entire team uses on a daily basis. And truly, the show would not be possible without it. And, yeah, your contributions on air as well. It's so much fun to be able to cut over to you. And so it is with great honor that I give you this soundboard. And our sponsors. Yeah, we can start with the Ramp team. Eric, Eric, Karim and the whole team over there has just been incredible. They allowed us, you know, at the beginning, sorry, the end of 2024, when we had started doing the show, we really loved it. They committed to sponsoring the show for a year and that allowed us to do. To do so much in terms of investing in all the equipment that we use, hiring people. They made it possible and have been truly, truly exceptional partners. And watching Ramp's growth over the last couple years has just been phenomenal and they deserve all the success. And every other sponsor that has been a part of this is truly. Shout Out Nick as well.
- [16:33]
Jordi
Oh, did he not get one?
- [16:34]
Ben
Oh, we gotta get a direct shout out for Nick.
- [16:36]
Jordi
We gotta get a direct shout out for Nick.
- [16:38]
Ben
We don't know what to call Nick. He's.
- [16:39]
Jordi
We can't give his name on air because he'll get ten times more emails. The lineup every day is crafted by Nick. He is our liaison to 99% of the guests that come on the show. Sometimes it starts with an interaction over X or a text message or there's other intermediaries involved. There's a lot that goes into actually getting someone into the waiting room, into the show, making sure that they understand how the show will work. It's sort of like you're hot. Dropping into this live show that's new for a lot of people. And Nick does a great job communicating and parsing all the noise to understand what the best news of the day is, how we can contextualize it best with the optimal guests. And he's done a fantastic job. And we'll continue.
- [17:28]
Ben
It's an honor. David Senra.
- [17:31]
Jordi
Yeah.
- [17:32]
Ben
One of a kind.
- [17:33]
Jordi
He literally inspired.
- [17:35]
Ben
Yeah. David was our very first listener that I'm aware of. He gets sent a lot of.
- [17:41]
Jordi
We send him a link in a
- [17:42]
Ben
Google Drive and he listened. And from that first episode, even though it was very scrappy, he said, take this, Take this, you know, 100 times more seriously than you are right now. And we did. And it's the best advice that I've ever gotten. And he has been.
- [18:01]
Jordi
And we have a picture of.
- [18:01]
Ben
We have a picture, picture of him here.
- [18:03]
Jordi
We couldn't print it full size and it appears that it was printed on a black and white photo printer, but it's a black and white photo and he's a black and white brand. So thank you to David Senra, who's been the podcast Godfather, truly and the gong. The chat is asking us to hit the gong. We have to. We have to oblige.
- [18:27]
Ben
The gong will remain.
- [18:29]
Jordi
The gong will remain. Will Menidis has already chimed in with his take. He says many people are saying we're in the deal, Guy Yuga. Many are saying, and it means a lot that Will Menaitis the only. He is the only guest who has co hosted a full show from start to finish with us. And if you want to go back in the archives, you can watch that episode. It's a wild one. It was in a hotel room. We had yet to figure out the remote shows fully. The team worked really hard to make that one happen and it was a good time. Very chaotic. Is there anything else to say about OpenAI? I mean, of course we'll be in conversation with you forever. You know, anytime on the show, you're welcome to leave a comment or chat in. The chat is asking, where's Will Menidis right now? I don't know. Probably sailing a boat.
- [19:17]
Ben
I don't know. And yeah, it's an honor to partner with OpenAI and every single person on the team that we've had the pleasure of meeting, we've been impressed by. They are ridiculously talented and every single person is committed to getting, getting this AI thing right. So we're incredibly excited.
- [19:39]
Jordi
Great. Well, let's move on to the Artemis 2 pictures and images and news. Very, very exciting. It made the front of the Wall Street Journal NASA aims to orbit moon for first. For first time since 72 to boldly
- [19:54]
Ben
go the crew of Chad is asking. Is that three Diet Cokes? Yes. You got, you got to thank. You got to thank Diet Coke.
- [20:00]
Jordi
Thank you to the Coca Cola Corporation for making this possible.
- [20:04]
Ben
Thank you to the the human team for the mate yerba mates. The podcast in a can.
- [20:10]
Jordi
Yes.
- [20:11]
Ben
Wouldn't be possible without you guys.
- [20:13]
Jordi
And thank you to tailors and suit makers. There's a lot of people that make this possible. The horse, the prop department. There's a million things here. It's been a great time. So the crew of NASA Artemis 2 head to Cape Canaveral launch when launch pad Wednesday for the first human space flight to the moon in half a century. John Kraus hosted a incredible photo. Is he, is he someone who actually.
- [20:40]
Ben
Yeah, he special comms assistant.
- [20:43]
Jordi
Special comms assistant. He actually goes to the launches and brings special photography gear to get the best possible photos and man, did he deliver with this one. What an incredible moment. We talked about a little bit. There's an article on the watches NASA Artemis too.
- [21:00]
Ben
John, we have to thank our lovely wives.
- [21:03]
Jordi
Of course.
- [21:04]
Ben
How could we not our families.
- [21:06]
Jordi
Did you get a text maybe?
- [21:10]
Ben
We, we. We don't talk about them a lot on the show. This is a show about technology and business but they have been, they are the back. They're the truly the backbone so of the show and have put up with I think like a lot of travel nights, a lot of phone calls, incredible hours.
- [21:26]
Jordi
Early mornings.
- [21:28]
Ben
A lot of early mornings. I think out of the last, out of every single day that we've done the show, I haven't, I've left the house past 6am Maybe twice. Right. It's been a long, it's been a long road and the good news ladies is it's nothing's gonna change. So no thank you to both of you for supporting us and allowing us to do what we do.
- [21:56]
Jordi
Can we pull up this picture? Ben, in the production chat of the first episode that we recorded in the Jonathan Club in downtown showing a little bit.
- [22:04]
Ben
Yeah, I put it up earlier.
- [22:05]
Jordi
Oh you did? Yeah. Behind the scenes this is. Yeah. Such a, such a wild time. Remember that? Yeah, remember that?
- [22:11]
Ben
Jordan? Suitless.
- [22:12]
Jordi
Suitless.
- [22:13]
Ben
We had the flag.
- [22:14]
Jordi
Yeah.
- [22:15]
Ben
But no suits.
- [22:17]
Jordi
It looked pretty good on camera. I was happy with the way it came out. But yesterday the long awaited Artemis 2 mission took to the stars en route to the moon for the first such manned mission since 1972. Its members of Wired.
- [22:35]
Ben
The chat asked for a Flashbang.
- [22:37]
Jordi
We had to apply flash out. Okay, that's good. Yes, the flashbang has been a highlight for sure. Both literally.
- [22:44]
Ben
Yeah, the sound, the soundboard, it's truly, it's truly a character on the show.
- [22:48]
Jordi
And I have some too. Now, its members all had Omega Speedmaster X33 models strapped to their flight suits. Danny Milton just wrote a full article on the site now detailing the watches worn on the wrists of the four astronauts throughout their time as part of this mission. Watches have a long standing history with spaceflight, most notably through the Omega Speedmaster Moonwatch. But there are countless others that have cemented their place in the cosmos.
- [23:14]
Ben
And so we can pull up this video now of the astronauts working on what looks like some type of tablet. So here he is typing in most
- [23:25]
Jordi
secure password known to man. What is that, 9393 or something? 3009.
- [23:30]
Ben
3939.
- [23:31]
Jordi
9393.
- [23:32]
Ben
Powerful. Powerful.
- [23:33]
Jordi
We're going back to the moon. Apparently that video we played yesterday was a little bit of fake news. The young man, the adolescent who swears and says, we're going to the F and moon, he was. He. The. The real line, I believe in the community note is that he says, we're going to the frickin.
- [23:53]
Ben
Yeah, yeah, yeah. And.
- [23:54]
Jordi
And it had been altered to add the actual F word. But the, but the, the sentiment is still the same. Yeah, it's very exciting.
- [24:01]
Ben
Very inspirational. Jared Isaacman on launch day says, oh, this kid is definitely getting it back in NASA gear.
- [24:06]
Jordi
That's great.
- [24:07]
Ben
Very cool.
- [24:08]
Jordi
There is some. There are some wrinkles with the launch, fortunately, nothing like disastrous or catastrophic or anything. But the good news is that we're on our way back to the moon. The bad news is that the toilet's broken apparently. And I believe this is from the live blog from the New York Times. The NASA associate administer said there is a controller issue with a toilet on the Orion capsule and it would take a few hours to troubleshoot. We're just getting started, he said when addressing that and some other glitches with the space spacecraft. The spirit of Apollo 10 lives on. They said 135. They told us that. Here's another. It seems like this is not the first time that this has happened, but we're hoping for the best here.
- [24:45]
Ben
Sounds like there were some other issues with Outlook as well. We can pull up this video from Tom Warren.
- [25:00]
Jordi
Yeah, go for it. And then I also see that I have two Microsoft Outlooks and neither one of those are working. If you want to remote in and check two. Why do you have two? Like web and desktop? Or you think it's like two separate desktop installations? Join in on your PCD and we'll
- [25:13]
Ben
let you know when we're done. Honestly, this is the best possible failure scenario is Outlook and not the rocket itself.
- [25:21]
Jordi
Can they vibrate?
- [25:21]
Ben
I think it's a good outcome. There were so many amazing images coming out yesterday. Peyton Alexander says this is the real reward for Artemis. This is who we are actually doing this for. They will grow up knowing they can one day work in their country's bases on the moon and Mars. We are not just abstractly hoping for a better world for them. We are going there. And two kids here watching the launch from Orlando. Just beautiful.
- [25:46]
Jordi
Yeah, my five year old said it was boring, which is not what you want to hear, but we'll have to give some more context to him about how big of a deal it is. He was like, yeah, I don't know, maybe he wants more flashing lights on the screen.
- [25:59]
Ben
We were driving for the actual launch and it was so funny listening to the audio feed and sitting in traffic and just looking out at everyone and realizing that it felt like the majority of the world still wasn't paying attention or didn't care.
- [26:15]
Jordi
Yeah, I mean rockets do launch like every day now.
- [26:19]
Ben
I know SpaceX has normalized it to such a degree.
- [26:23]
Jordi
Isn't there some sort of subplot on the Apollo missions that by the third or fourth Apollo mission there was no. Like the actual viewership had dropped off and like the American population had gotten
- [26:34]
Ben
to 2.6 says put subway surfers on it on the NASA feed.
- [26:39]
Jordi
Crazy. You actually need to maybe need to do this. How AI helped one man and his brother build a $1.8 billion company who needs more than two employees that when artificial intelligence can do so many corporate tasks, it's super efficient and a little bit lonely. So Aaron Griffith tells the story of Matthew Gallagher, who took just two months, $20,000 and more than a dozen artificial intelligence tools to get his startup off the ground. From his house In Los Angeles, Mr. Gallagher, 41, used AI to write the code for the software that powers his company, produce the website, copy generate the images and videos for ads, and handle customer service. He created AI systems to analyze his business's performance. And he outsourced the other stuff he couldn't do himself. His startup, Medv, a telehealth provider of GLP1 weight loss drugs, got 300 customers in its first month. In its second month, it gained more than 1,000 more. In 2025, Medv's first year in business, the company generated or the first full year in business, the company generated $401 million in sales. Mr. Gallagher then hired only.
- [27:41]
Ben
This is absolutely insane because as GLP1s were starting to take off, I remember distinctly talking with somebody that was like, I want to start a telehealth company for GLP1s. And at that time I was like, okay, there's a lot of telehealth companies that are at scale. They're all going to be well aware of this. They will immediately introduce this product and other similar products to their customer base. And it's going to be incredibly difficult to be competitive. And it turns out there's just such overwhelming demand for these products that you could come in as a new company
- [28:16]
Jordi
and scale like one year in, maybe. He hires his only employee, his younger brother Elliot. This year they're on Track to do $1.8 billion in sales. A $1.8 billion company with just two employees in the age of AI, it's increasingly possible, says Aaron Griffith in the New York Times. Sam Altman, the chief executive OpenAI predicted the rise of a new breed of super efficient company in 2024. A one person business worth $1 billion would have been unimaginable without AI, he said on a podcast. And now it will happen. Now, as AI tools spread, entrepreneurs are harnessing the technology to expand their startups to an enormous scale at breathtaking speed with very few humans. Big companies, especially in tech, are getting in on this disruption too. Pinterest, Block and others have cut thousands of workers in recent months, citing efficiencies enabled by AI.
- [29:04]
Ben
Does this count yet, though? Like, I feel like to be the one person $1 billion company, you gotta be able to log into your payroll tool and you're the only person in there.
- [29:13]
Jordi
Oh, so.
- [29:15]
Ben
And he's got his brother in there.
- [29:16]
Jordi
Sorry, bro. Take a walk.
- [29:19]
Ben
The startup, which has not raised outside funding, also has no official valuation. But many highly valued tech companies can only dream of hitting 1 billion in revenue. With so few workers. Medvy is also profitable. That is great and important if you're bootstrapped, can't get very.
- [29:34]
Jordi
Is this a wrapper company? It's like a GLP1 wrapper, but it's AI enabled, but it's not wrapping the AI foundation model. It's like know you using the tool to wrap another industry and just create the efficiency between the manufacturer and the actual distribution. It really is remarkable that they were able to hoover up so much revenue in such a competitive space because you would assume that the other telehealth providers would have significant ad operations and that the margins on customer acquisition would be very, very tricky to crack. But he must have found some unique insight into how to distribute the product, get actual people to the website, because the AI certainly can build the website and write the copy, but it can't necessarily get people to show up and actually put down their hard earned cash for the product.
- [30:26]
Ben
I texted my dad the news. He said congratulations. That's so exciting. Thanks for letting me know. Talk to you soon. Have a great day. Thank you. Thank you, dad.
- [30:40]
Jordi
Oh, it's amazing. Well, if you've texted me or you've called me in the last three hours, there's a good chance that I might respond to you in the next couple hours. Leave us 5 stars in Apple Podcasts and Spotify. Subscribe to our newsletter tvpn.com everything is the same. We will see you on Monday next
- [30:58]
Ben
week, five shows, 15 hours. Let's be honest, it'll probably be more like 17 or 18 or 19. We'll see.
- [31:06]
Jordi
Who knows? The world is our oyster. And thank you for being with us along the journey. We appreciate.
- [31:11]
Ben
Let's get one more Gong hit, John.
- [31:13]
Jordi
One more Gong hit and we will
- [31:15]
Ben
say it's been an honor.
- [31:16]
Jordi
A gong hit. Goodbye everyone.
- [31:22]
Ben
See you soon.
- [31:23]
Jordi
We'll see you tomorrow.