I got rejected from YC (4x)…. now my side hustle is worth $1.16B
AI Agents, Replit, and a Rickroll into YC - December 11, 2024 (4 months ago) • 01:09:24
Transcript:
Start Time | Speaker | Text |
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Shaan Puri | This is the first ai agent thing that has like been a mind blowing moment for me where I am not a programmer I am not a coder but I can now create software | |
Sam Parr | well that's insane | |
Amjad Masad | there are apps built on replit agent that otherwise would take probably $100,000 of developer time and you can build it like in you know $25 paid to replit it's pretty wild how fast these companies are scaling I don't think in the history of silicon valley we've seen anything like that even in the like web 2.0 era | |
Shaan Puri | so what is like a fast ramp for an ai company what's impressive that kind of broke the frame of what how long things would take | |
Amjad Masad | so I I would say reaching 10,000,000 in 3 to 4 months | |
Shaan Puri | arr oh my god that's wild | |
Sam Parr | can I ask a blunt crude question how can I use your software to become a billionaire | |
Amjad Masad | I would say building | |
Shaan Puri | okay so how do we wanna start this so amjad you you're awesome so you have you're today in a position that I think a lot of people wanna be in you have you're doing the silicon valley dream you got this idea you go through yc you've now raised 100 of 1,000,000 of dollars you're valued at a you know $1,000,000,000 valuation so that's today but then the cool thing about your story is that that didn't seem likely you know 10 years ago it's a very unlikely success story and yeah you went through yc but you were rejected a bunch of times | |
Sam Parr | like yeah | |
Shaan Puri | you're in silicon valley now but you started off coding in an internet cafe in jordan that's what's interesting to me and we asked you beforehand we're like hey what killer stories could you come on the podcast and tell and you go you wrote this I'm gonna read it word for word and then I want you to tell us the story you go rejected 4 times and rickrolling into yc raising tons of money and meeting amazing billionaires let's do the first part rejected 4 times and rickrolling into yc can you tell the story | |
Amjad Masad | yeah so I left my job at at facebook in 2016 and you know replit has been a side project for a while and it's been growing I've been working on it like nights and weekends it grew to a? Where the like server cost was meaningful and I was like okay you know I have to I guess I have to start a company around it and so I went to my manager at facebook and I was like look I have this site project can we make it like somehow a project at facebook and we looked into that I sent zuck an email all the time and he ignored me like okay I guess I have to start a company and so yeah I quit my job applied to yc the first time we did the whole thing we did the form and the video and all of that and we didn't even get a call or anything like that it was just like we got the rejection letter and so I was like okay you know I have this facebook stock some savings I sold the facebook stock I put like half of it in bitcoin and then half of it into the company or like just for us to kind of live and | |
Sam Parr | how much money was that | |
Amjad Masad | it was like 70 ks or something like that | |
Sam Parr | what was the original product of replit | |
Amjad Masad | so it was basically an editor and a console you could type code there and you can run it you can switch a language and that's it | |
Shaan Puri | by the way sam have you ever used replit | |
Sam Parr | I was using it today before this it's magical and also your tweets describing what it is like for example your doctor saying you know he wants me to track my sleep so I just uploaded the pdf that he wanted me to fill up fill out into replit and it made an application so I can upload it much easier yeah it's like pretty magical sean are you able to use it it's definitely out of my league still | |
Shaan Puri | both me and sam have joked around because we both have maybe 5 or 6 times false started of like I'm gonna learn to code this summer it's like a new year's resolution thing where you just keep saying you're gonna do it you you do 20% of it 30% of it and you give up you know we buy the the udemy course learn python the hard way then you start doing it and nothing really ever stuck and one of the biggest problems was that nobody really talks about this do you think learning to code is like learning spanish it's like learning a language you're like okay so how do I need to say the thing but before you could even do that it's like oh I'm supposed to download this program so I need to download an editor and then I need to download all these packages to be able to that's | |
Sam Parr | right stop | |
Shaan Puri | and then you need to and it's like just setting up the environment is so goddamn confusing to a beginner that you don't even get to do the the part where you actually write the code and and be able to run and then it's like oh how do I run the code I gotta host it somewhere now I gotta learn how to do hosting and cert like what is that and so there's all these things around it that were confusing replit solved all of that which was amazing and I actually did your like 100 days of learning to code like it's actually made it really easy you know if I didn't have kids I would just be doing a lot more because it's you you solved that problem for me and I know I'm asking you about the yc rejection I wanna come back to that but to give sam maybe a little more of context I think correct me if I'm wrong maybe I'm making this up I think the reason you wanted to have this kinda like online editor online environment where it's all hosted there was because when you were younger you were living in jordan and it I guess you used to go try to learn to code out of an internet or go try to code out of an internet cafe but that means every time you go you have to set everything up for the first time because it's not your it's not your home base not your home computer where you set it up once and it's there is that true is that why you you felt the problem like 10 x what a normal person would feel | |
Amjad Masad | yeah basically like every time I wanted to do a little homework I have to like spend an hour setting up the environment at the time the web was moving so fast until we had Google docs and we had gmail we had this you know client side javascript application sort of a revolution and I'm like okay you know why can't I type code into the browser and run it and I started looking around and turns out like nobody solved this problem there were some experiments and it was kind of crazy to me because it was almost like you know finding a $100 bill in new york grand central station right like it's like oh I found an idea that nobody's paying attention to and is that true because because it's kind of crazy you know the world is big a lot there's a lot of programmer | |
Sam Parr | that seems like an obvious thing I mean I I'm a total outsider so my question is like were there some technical challenge to that because that seems like I I I guess it's easy to say things that are successful are obvious ideas looking back but like yeah well it seems like there are | |
Shaan Puri | 2 things right there's the technical challenge of being able to make this all work in a browser right that that was that was not obvious but then there's it seems like the second thing was I keep going back to the internet cafe thing because it's sort of like the hardship made the problems like unavoidable to you whereas anybody else who learns to code if you're just doing it at home in america in your in your you might do that setting up once maybe you have a little bit of the problem but you're not running into it face first every day as if you were if you were working out of internet cafe | |
Amjad Masad | yeah absolutely right I mean you know paul graham talks about it all the time it's like you know the best startups are you know solving your own problem and I felt that problem really deeply and I started working on it I discovered why it's hard well it's hard to run different languages in the browser you can run javascript but you can't run python for example so we started writing interpreters writing compilers to run on javascript and then in you know it took us a couple of years had like few languages running it was like pretty rough prototype but people started using it my friends and people at school and I'm like okay this idea has legs and so let me work on it more and then 2011 had a breakthrough and the breakthrough was we were the first to compile python ruby and most of our languages to javascript and run them straight in the into the browser and that went super viral like so we open sourced it we put it up and like on hacker news and that was my first experience of like going viral on venonaut which is I I was like oh my god this is this is like an amazing rush | |
Sam Parr | and I | |
Amjad Masad | still feel that rush | |
Sam Parr | yeah can you | |
Shaan Puri | put that in context for a non non engineer is the thing you guys did is it on a scale of like 1 to satoshi nakamoto solving the like double spend problem like how hard of an invention was that | |
Sam Parr | that was like the nerdiest analogy you ever could have came up with | |
Shaan Puri | that's what I'm here for so like was it was it genius or was it just that nobody had taken an as much time as it would take to do that like where was that breakthrough what how do you how would you describe that breakthrough | |
Amjad Masad | it it's definitely not on the order of like the double double spend problem where it's like a fundamental invention it was like you know pushing like a huge rock bolt like up a mountain it took so much grit and and just obsession to be able to hack the browser in order to run things that the browser wasn't supposed to run wasn't designed to run and so I would say it is solving hundreds of problems as opposed to solving like you know one one invention which is perfect that was fun yeah | |
Shaan Puri | so you you're working on it as a side project for a number of years | |
Sam Parr | that that's a long time by the way sean can you imagine like having a side project that's a hobby that takes 3 hours a night with little I mean 2 doing that for 2 years is kind of a long time no | |
Shaan Puri | dude the only 2 things I've ever done that with is this podcast and my kids and there's really no way out of the kids' thing so you know | |
Sam Parr | and the podcast was a hit right away | |
Shaan Puri | the podcast yeah gave you results right away so it actually doesn't count you were doing this without the kind of like financial rewards or fame rewards or any other major rewards during that time how many years did you do the side project thing and what kept it going | |
Amjad Masad | you know 2009 was the original idea 2011 was the breakthrough and then you know went viral on hacker news and then on that and I think that was the first time I felt like a little bit of a fame a little bit of return on investment like I remember brendan eich the inventor of javascript and was the cto at mozilla like tweeting about it and I was like wow this is amazing like you know a kid in jordan like made this like fundamental breakthrough in like you know browser tech and like I'm getting this recognition that's pretty cool and also some articles wrote about it it was people talked about it in conferences and so all that was evidence for my 01 visa to come to the states basically my entire adult life I'm working in this which is crazy right like how | |
Sam Parr | old are you now | |
Amjad Masad | I am 36 wow I think and you know I I I well | |
Sam Parr | it's just I mean you've been working on this since you're 2021 I think yeah | |
Amjad Masad | 21 | |
Sam Parr | yeah I mean that's a that's a wow that's your whole life your whole adult life | |
Amjad Masad | and you know it it continued to like you know incrementally improve my life so it wasn't it wasn't this you know working in a in a room for 11 years and and nothing happened so I get this visa to the united states and I go work at codecademy and they use the open source work that we did right and a bunch of companies in the us there was like this boom in like moocs if you remember that udacity coursera whatever and a lot of them used the open source version of replit to create interactive courses right and and suddenly like the the world opened up opened up to me I'm getting job offers all over the place and I and have choices where to go and and so we decided to go to new york | |
Sam Parr | alright so a lot of people watch and listen to the show because they wanna hear us just tell them exactly what to do when it comes to starting or growing a business and really a lot of people who are listening they have a full time job and they wanna start something on the side a side hustle now a lot of people message sean and I and they say alright I wanna start something on the side is this a good idea is that a good idea and again what they're really just saying is just give me the ideas well my friends you're in luck so my old company the hustle they put together a 100 different side hustle ideas and they have appropriately called it the side hustle idea database it's a list of a 100 pretty good ideas frankly I went through them they're awesome and it gives you how to stardom how to grow them things like that it gives you a little bit of inspiration so check it out it's called the side hustle idea database it's in the description below you'll see the link click it check it out let me know in the comments what you think | |
Shaan Puri | naval has this great quote where he says people always ask him about like you know how to build a great network or networking what are your tips for networking and he's like my only tip for networking is do something great and watch your network will appear overnight people will immediately come to you because you've done something great right you didn't go try to get a coffee with brendan eich you build something really cool that the creator of javascript and mozilla browser was like hey that's awesome I wanna reach out and get to know you and I think that's actually how you back to the yc thing I think that's how you ended up getting into yc later was paul graham actually just thought what you were doing was cool but like let's go to the yc part so you you quit that facebook job half the money in bitcoin half the money in your startup apply to yc rejected that was the first rejection what were the other rejections | |
Amjad Masad | vcs kind of wouldn't wouldn't talk to us or you know we we'd get meetings with vcs some of them are like yawning and and I think one of them slept and it it was just like not interesting to them | |
Sam Parr | dude I had that happen one time as well like a guy a guy literally fell it was like he he was literally 80 and it was friday at 4 and it was warm in the office and he like fell asleep mid mid pitch | |
Amjad Masad | like it | |
Sam Parr | was it was warm yeah it was like a cold bay it was warm inside so I was like yeah I mean like put | |
Shaan Puri | it in put it in put it | |
Sam Parr | in the room I was like you I was like you deserve this but dude what what what did they not see in you because like it's so easy to be to look back in the past but like you seem like you got the it factor that seems like such an obvious idea you worked on it for 2 years smart people are talking about it like what were | |
Shaan Puri | you what were you missing what was the case against it | |
Amjad Masad | well I I I think you know silicon valley is like probably the most meritocratic place in the world but it is also status driven at least then it was very status driven like if you look at the white you know people who got into yc like with stanford dropouts and things like that and I think since then yc has improved and you know gets international people and all of that but but you know my background wasn't wasn't really interesting to to them you know I didn't have any fancy colleges or or any of that also being married couple was was somehow like something that that they thought it | |
Shaan Puri | was a disadvantage you you didn't match the patterns you didn't match the stanford pattern you didn't match the cofounder relationship pattern you didn't match the the trend of of what categories have big exits you weren't on trend at that time | |
Sam Parr | right | |
Amjad Masad | yeah and so continue to apply to yc every season of yc we'll send in the application and you know our thesis developed more and we felt like we had started making some money some people started paying for our service we had an api at the time that people paid for a lot of educators and people learning to code started to pay for replit | |
Sam Parr | what was the revenue when you got in | |
Amjad Masad | like maybe $10 a month it was enough to sustain us at that. It was like the ramen profitability but before yc the person who actually the first one to bet on us was roy bahat from bloomberg beta so I knew him from my codecademy days and it was such a the meeting with him was so refreshing like he was like just a straight shooter he would tell me like here's where I think you know the idea or the category is hard you know here is where I think the valuation should be and it was like the first meeting he just gave me everything he was thinking about he didn't obscure anything and I was feeling really good about it and so yeah he gave us 500 $1,000 on a on a 6,000,000 valuation so that was the first check we got | |
Shaan Puri | nice good for him and then how did the how did you eventually get into yc | |
Amjad Masad | so basically you know we're grinding and the product was getting better every week and I started writing articles about what we're solving so we're solving pretty hard problems and so this article kept going in hacker news and hacker news was really excited about what we're doing and paul graham reads hacker news a lot probably still to this day and one day like december 2017 I wake up there's a dm on on my phone and it is sam altman and he's like hey I run yc and we're interested in what you're doing I'm like dude I know who you are you have to tell me you run yc and he's like okay let's meet you know come to this address and it wasn't the yc address I was like a little confused and so I go there and it was the openai office in the mission and so I meet him there and you know we talk a little bit and then he's like he turns his computer around he's like this is this is paul's email he emailed sam and told him this company is very important you should reach out to them and he's like okay talk to pg I'm gonna give you his email talk to him and then maybe you can maybe we can work on something to get you into yc so I started this email relationship with paul which was really fascinating I mean he's a great writer right and so we talked about we talked about replit we talked about the problems of setting up an environment the problems of hosting an application it turns out after he sold via web he started working on something like replit he started working on like an editor you write some lisp of course because he likes these very obscure programming languages and but by the way paul graham is the founder of yc at the time he was starting to retire and sam was running yc and and so you know we had this email relationship where he wrote me essays essentially on the problem we're solving | |
Shaan Puri | by the way were you intimidated you know paul graham writing essays to you privately are you like is that high stakes replies there for you | |
Amjad Masad | yes like I I would spend hours kind of profiting the the emails and and trying to like be as good of a writer as as I can but you know one thing about me is like I was never like nervous about meeting like famous and established people and I think that helped me over time because like you know I can be myself and I like can talk to them at the same level as opposed to like being a fanboy or or you know | |
Shaan Puri | why why was that what what were you just oblivious to it or you just had a different mindset about it what was the reason | |
Amjad Masad | yeah I felt like my life was taking on this trajectory that was not to be too superstitious but like it was this force and I felt like everything's gonna be great and you know it's gonna be hard but you know I'm meeting all these people things are opening up to us and and so when I go and meet people my mindset is like I want to impress them and I want to be able to you know get money from them or like I have a goal and I think having a goal when you're meeting someone actually puts you in a very different mindset than than again like fanboying and and and just being very excited about the meeting | |
Sam Parr | dude have you guys seen that do you guys know the director guy ritchie he's that like british director he's got this great story he was on some podcast with joe rogan and he was like you know I just wanna be the director of of my own life and I wanna live my life like a movie and what you're describing is sort of like that where you're like I just I am destined for greatness and like we are taking on this amazing problem and like we are going to do wonderful things and it will be hard but we will triumph and I think that's a that's actually great that's a great story to tell yourself and I think it's very motivating and it makes life more exciting I think that's really | |
Amjad Masad | cool yeah so I actually wrote a blog post the title is do what makes the best story and the idea is like when you're faced with decisions where there's no obvious answer like a fork in the road where the pros and cons are sort of the same the heuristic I use in my life is like what is a more interesting story and obviously like elon talks about this like the most the most entertaining outcome is most likely yeah I wasn't thinking about it in terms of entertaining but in terms of like what makes the story interesting if if my life was a movie what would what would be exciting about about that story for example when when I was in college I was like coding all the time and I wasn't really going to class and so so I was failing a lot not because I was failing the exam because you know they would bar me for the exam because I wasn't showing up and and I decided to to hack the university to change my grades | |
Shaan Puri | and we're not talking like metaphorically like a lifetime you actually hacked into the servers and changed your grade is that what happened | |
Amjad Masad | yeah I went into the basement I spent like 2 weeks I did the what's his name the famous inventor michelangelo or something like that I did his sleep polyphasic sleep where you work for hours and then you sleep 15 minutes and it was sort of like I was writing on the wall I was like it was like a full on insanity | |
Shaan Puri | were you angry why did you decide to have them | |
Sam Parr | I know so many smart people who work so much harder to cheat or get around the thing than just doing the thing and and there's like a 50% of the time they end up being like losers and then 50% of the time they are in fact like the greatest | |
Shaan Puri | they're on this podcast | |
Amjad Masad | yeah well I think it is like some adhd right like you can sit you can sit in class but if you're interested in something you're gonna like hack and like work on it a ton right and I almost got away with it but the servers at the university crashed and it crashed on my record so one of the administrators there gave me a call and he he said look there's like this there's some anomaly in your in the in the record of your exam in school and it's crashing our databases do you know anything about it and I was like what's the anomaly and he's like you know there's a field in the database that says you're barred from the exam and your grade should be should be 35 that's that's the default grade of failing the exam and instead my grades were like you know 75 90 whatever that's the that's what I entered into there and I didn't understand that there was another field by the way you know that's not good design for a database and so since then I you know I had there was a fork in the road I could lie and I think I could get away with it and you know and just say that's a bug on your side but I was like what's the most interesting story is they catch me and it becomes a story that people talk about and I was like okay I'm just gonna I'm just gonna like come clean and just tell them what I did | |
Shaan Puri | oh so you're like better better than getting the grade would be getting the reputation | |
Sam Parr | yes exactly | |
Shaan Puri | so you tell them and then what happened they kick you out | |
Amjad Masad | no so you know I'm kind of a convincing person so I I go the next day and it's like all the deans there and they're discussing my case and they're like trying to find out what what I did and and they're all computer science deans so I went in there and I changed the subject to technical aspects of the hack and I drew on the whiteboard and showed them what I did and and all of that and they were very impressed | |
Sam Parr | it's like a goodwill hunting moment | |
Amjad Masad | yeah and like my reputation back then is like I'm a loser I'm failing everything right I don't show up to class and it is kind of like goodwill hunting and then you know they say okay you have to go talk to the president because I think he's going to make the final call so I go to the president and and he's a very intellectual person and we talk and I you know I tell him like look you know I have this talent and I feel like it was undiscovered and I feel like I was treated unfairly and I used the university as my sandbox like I didn't like you know I came clean or I didn't you know mean to do anything bad and he gave me the spider man line he's like with great power comes great responsibility and it actually affected me and I was like okay you know I think you know I you know I need to do something in order to to to to kind of pay back and I told them I'm gonna work this summer for free to to make sure I secure your databases and so they they let me off the hook and they're like oh awesome yeah | |
Shaan Puri | what a great story dude that is an amazing story sam by the way would you ever wanna compete with amjad at anything | |
Sam Parr | no this is like this mentality this is it's scary like yeah I would not want to you're like excuse me dean have you heard of the word prodigy you're like trying | |
Shaan Puri | to yeah you're you're like you're like I my talents haven't been used well at this university I accept your apology dude | |
Sam Parr | I like your fault dude it's like why are you failing me yes yes | |
Shaan Puri | that's so good okay so I love the principle do what makes the best story I love the hack story that's that's amazing where we how did we get here we were talking about | |
Amjad Masad | yc yc okay sorry let's get to the story of yc yeah because that's where we started okay so sam's like yeah you should do yc actually the batch starts tomorrow why don't you fill an application it's just a just a you know process you have to do and we can do a later interview tomorrow and I'm like fuck I wanna fill the application again like you made me do it like 4 times like I don't wanna do it again and so you know I I kind of do a bare bones application about about raflat and then there's the video I'm like yeah man I don't wanna I don't wanna do the video so so I pasted a a youtube link and and then we go the next day haya and I by the | |
Shaan Puri | way for people who don't know the yc application is like 1 page it's like 6 or 7 questions but then they say upload a video 2 or 3 minutes you're talking about your startup so that's the video part and then the interview is 10 minutes where there's just rapid fire so you have like 10 minutes and it's like this make or break thing it's less than a lunch you know like it's less than a job interview it's more intense so you're waiting around for that yeah | |
Amjad Masad | I mean my view was they recruited us to yc like why are you making us do do do this stuff right and and so | |
Sam Parr | yeah I was gonna ask that like they're ask they're acting like you know paul graham's like you know maybe I could pull some strings it's like | |
Shaan Puri | I know a guy | |
Sam Parr | yeah like you're the guy so I well I don't understand what they're what they're bullshitting well I don't get it | |
Amjad Masad | well I think they wanted to just like go through the process it's like the process applies to everyone and I respect that so you know they call us to the interview and I walk in and there was jared and adora and all these amazing oic partners and there was michael he was the ceo at the time and I shake their hands and I shake michael's hand and and I felt like his grip was a little too hard I was like okay that's fine and then I go sit down on the chair and and the moment I sit down michael looks at me why did you recall us oh my god and I'm like you know we applied several times and I thought it'd be fun to do and you know I thought this interview was just was just you know formality and he's like that's not how you get into yc and he was he was very very angry well it turns out when we're sitting outside they were getting rickrolled inside right so imagine their mindset looking at the application and and and getting the the the recall song and and then they give us a very tough interview | |
Shaan Puri | in that moment did you it's like and that's when I realized I fucked up like did did you realize like | |
Amjad Masad | yes | |
Shaan Puri | how I'm coming across like what was your mindset there like they must be thinking | |
Amjad Masad | I was nervous I was very nervous and I was regretful immediately yeah | |
Shaan Puri | because you probably it's like oh here's this entitled just another just another tech entitled guy when they don't know you're like immigrant from jordan who's like scraped his way here right they don't yeah reality and how you were coming across weren't connected in that moment | |
Amjad Masad | no they they weren't at all and and so and so I you know we go outside and and I tell haya okay this is done let's let's call an uber and get back to work like we don't have we don't need to get into yc so I call an uber and just before I arrive I I receive a call and and I take the call and it's like hey it's adora you got in come back the kickoff is about to start and I was like what are you sure she's like yeah come back sign sign the paperwork and get started so I was stunned the whole day like it was you know we start we go to the dinner and I'm like you know you know phased out and all but like it was really exciting and you know people who's never been to the yc office and mountain view it's all orange like bright orange and the lights and everything it feels like a cult like environment isn't it like | |
Sam Parr | a I think I've seen the inside doesn't it like a don't they have like a steeple or isn't like one of the rooms like is a triangle like a church almost | |
Amjad Masad | yeah yeah exactly and sound gets up and tells us what what the experience is gonna be it's like this is the hardest time you're gonna work you know you better tell your friends and family that you're gonna go away for 3 months you can't help them move or all of that you just gotta be focused on on work so haiyan and I like took it very seriously okay I was like okay these 3 months are very important for the success of the company and we transformed the product in these 3 months it went from a simple sort of editor output to a place where you can host applications and build real things and all in 3 months and we were working you know 12 hour 13 hour days and it was only 3 of us at the time our first employee actually was sort of a runaway kid he grew up in california little down south and he didn't want to go to school and so he leaves his home he goes to hack reactor and and he becomes a programmer and he was 18 he was looking for a job I knew the guys at hack reactor they used replit and I'm like send me your best programmer and and he's like look this kid is a little awkward but he's the best and so he comes in and he yells on our interview | |
Shaan Puri | music to my ears | |
Amjad Masad | yeah and basically I like him because you know it mirrors kind of my life story a little bit | |
Sam Parr | where is this guy now but we got | |
Amjad Masad | him we got him some liquidity after 6 years of working I felt that's the right thing to do and because he was kind of burnt out and didn't wanna continue so I called my I called my brother in jordan I'm like look you gotta you gotta come out here win nyc you need to and he's a programmer I taught him programming when he was a kid and I was like you gotta you gotta come come help us and he's still with us today and I called my friend from codecademy moody he's still with us today as well I'm like you gotta help us like like you know you could do it remotely and so we assembled like a team of 5 people essentially and so we we go really hard and we were like one of the hottest companies in yc at the time | |
Shaan Puri | and can you give some sense of the scale of it now like you know I invested in it a year ago or so 2 years ago something like that I don't know when but the numbers were off you had user growth first your graph looked like a hockey stick because you zoom out and you you you it ignores all of the little like years where nothing was really going on but you have this crazy growth but the crazy thing about it is that your growth was developers so it's like mhmm you know one developer user is worth I don't know 10 20 times just like a normal internet user | |
Amjad Masad | mhmm | |
Shaan Puri | but you had this crazy hockey stick growth of developers can you talk about can you just say a couple of like permission to brag can you say a couple of brag worthy stats that would impress | |
Amjad Masad | us yeah so so replo was very easy to get started with and so people would start starting using it in college or high school and continue using it for many years and so it was sticky for especially junior developers when they're starting out and and it was spreading on its own like word-of-mouth you know there was a viral component to it people can share a url and then suddenly you're in the same environment as them right like and then we have this like multiplier coding experience and so people were collaborating and and also covid was really great for us because we were I think the only collaborative editor experience on the web at the time and so a lot of people were remote and needed something to work with each other and so replo was adopted at the time and so the growth was off the chart and the servers were going down and the marginal user of any web app is sort of like 0 0 cost but for us it was you know we we try to optimize it a lot but it was still on the order of like 1 to $5 like a month and you know the the growth was off the charts but I I you know I have to admit it was hard to monetize at the time because developers are actually not used to pay for things now they kind of are paying for things because of ai but at the time they weren't they weren't paying and then you know as we added limits and things like that they thought like they can like move on and set up their own developer environment and so it took a lot of you know creative thinking to figure out how to charge for people and ultimately ai was the thing that people are paying for and the reason is like the productivity benefit of ai is like it's like obvious and people are just like okay this saves me time and makes me about a developer and so people are paying for it right now | |
Sam Parr | well can you give any indication on how many users or how many how much revenue the business has | |
Amjad Masad | you know sign ups we have like more than 30,000,000 I think 35,000,000 users right now in terms of active users it kind of fluctuates but you know 3 you know 2 to 3000000 a month probably a 100000 apps hosted hosted on replit because you can build an app and deploy it all in one environment in terms of revenue I can't share right now but like especially this year it's been like exponential growth | |
Shaan Puri | sam check this out this agent thing I gotta show you this so you you haven't used this right sam no alright so so watch this so yesterday I was like I'm I'm gonna mess around I was doing research for this but I was like I just got like sucked into replit and I started doing that stopped doing research so I go and I I go to replit and it's changed because now when you before when you would go it would be like here's a coding screen with a blinking cursor and it's like write some code and I'd be like oh cool I don't really write code so I don't know how to use this product exactly maybe I could learn to code maybe I could you know pay somebody to to build something on here but whatever I was stuck so now you open up replit and it just it's like chat gpt it just goes so what would you like me to create and so I go on there watch this so I go I'll give you the exact prompt I said build me an app that will text me every morning asking how I ate yesterday let me answer via text message and then track the results on a monthly calendar grid if textings doesn't work you could also use whatsapp or something else okay so basically like on the right here is just like the chat and it just goes absolutely let me propose what we'll build and then it just kinda like explains to me like a project manager it goes I'm gonna help you create a food tracking app through sms messaging with a calendar visualizations we'll start with the sms later we can add whatsapp as an alternative it's like okay okay prioritizing things that's interesting and then it goes the app will send daily message blah blah blah and then it goes how would you like me to proceed and it's like there was like you know add more features change the instructions or like go ahead and build the prototype so I clicked build the initial prototype and then literally I don't know if you can see this but like it starts like autoscrolling as it's writing code like this is all just a code it's generating so like you know like I'm not doing anything I'm literally sitting back with popcorn while this is happening so it's like here's your calendar grid and it's like hey I need I'm gonna use twilio for the sms it decides I'll use twilio for the sms can you go to twilio and give me your account and your phone number so that it'll we like we use twilio for sending sms so I go to twilio I give it my sms and then it's like it's made it literally made the thing exactly how I want everything works now yeah I actually got stuck on the twilio step because twilio has to verify my phone number so it like it hasn't verified it yet but I can go into I in twilio I see it tries to send me the message and it just says awaiting twilio verification to like be able to use this so I'm like a little bit stuck there which is like a common thing with agents I feel it's like almost absolutely incredible and then kind of frustrating at some. | |
Shaan Puri | Where you have to like you know fight through some walls | |
Sam Parr | well I think I'm just treating I think he said I want people to be able to build an app faster than they could just Google the answer to a question | |
Shaan Puri | and that's exactly what happened here | |
Sam Parr | well that's insane | |
Amjad Masad | so this screenshot is the agent looking at the result it's trying to verify this is not the running app if you click run you can | |
Shaan Puri | get the running app at the top took a screenshot and then it shows it to me it's like hey is this how you want it and I was like oh because before it had it where it was like not the right month on top I go oh put the month on top like don't say monthly food tracker right december and then it also said like hey would you like any other style improvements I can make it broader I can change the color scheme and I'm like dude this is literally better than an employee right like first it's instantaneous second I could you know I don't have to pay pay somebody to sit in the desk to sit around waiting for me to do something I had a idea on a whim go to repa and did the thing with the agent this was a like there's been a few like mind blowing moments for me in my like tech career you know like I graduated 2010 so I'll start at that. Where it's like the first time I took an uber I was like holy shit that was amazing I pushed a button a car showed up the guy got in I didn't even have to pay for like it just paid through my phone that was magic and I could see it all I could see him on an app getting closer and closer to the restaurant that was like one of them you know chat gpt for sure was another where I could just you know tell it to make something and it'll write something and it'll write it for me this is another one of them this is the first ai agent thing that has like been a mind blowing moment for me where I am not a programmer I am not a coder but I can now create software | |
Sam Parr | this is like amazing can I ask a blunt crude question how can I use your software to become a billionaire because like I see this and I'm like you you know like the the the ridiculous analogy that I use is I'm like I feel like an artist sometimes where I like I feel like I have the ability to conceptualize certain things but I can't paint it's like I can't fucking paint what I want to paint that's in my head like because I literally don't have that skill set sometimes and so like I'll be working on stuff and I'm like dude I want this to do this but I gotta go talk to this developer and I don't wanna have this conversation and that's just like a pain in the ass and so like you basically are making it so I can finally express myself easily | |
Shaan Puri | I like how you're on the first date you're like how can I get you to take the clothes off what you're like how do I use your thing to get really rich | |
Sam Parr | yeah I mean that's basically like like ed you had on the document you're like here's just here's the opportunities just use replit to do x y and z and I I wanna go through that because this is like amazing this is actually you know there's like there's like the viral clip on youtube or twitter like in a whole bunch of places where it's like the the headline which we probably have used which is like $1,000,000,000 one person companies or something like this you're the closest person to this probably to that question to answer that question | |
Amjad Masad | yeah so there are apps built on replit agent that otherwise would take probably $100,000 of developer time and you can build it like in you know $25 paid to replit I will say that there are limitations right it is not perfect this is like the worst it's going to be it sometimes gets stuck with problems you need to have some skill in prompting to coax it to like figure it out and it sort of like teaches you over time because it tells you what it's doing as it's editing the code and so over time you're learning how to use it you're actually learning how code works you're learning how maybe you're not learning how to exactly type code but you're learning the different components in where things could go wrong you're learning about database we have like database you can go in and look at the tables and look what's happening and so you know the division for this is that that's all you need that's all you need to build an entire startup and you know every day we're inching towards that you know and I talked about like pushing the boulder up the hill and I think that's one of my one of my talents is like okay what are the problems that you can make progress on every day and every week such that you know in a year time you have this exponential progress and the product is so much better the other thing is we're riding this wave of the foundation models getting better so every time they get better we plug in a new foundation model and the product is suddenly better so you're riding this you know 2 exponential curves which is like the engineering we're doing but also the underlying models and infrastructure is getting better so I think in a year's time it's gonna be really mind blowing in a couple years time I think we're gonna see stories like someone getting super rich making an app in replit that sort of goes viral and so we're adding stripe integration right now you can you can already use kind of stripe on on replit but we're adding integration that makes it super easy to start monetizing your app | |
Shaan Puri | so so sam said how do I get rich and you're like disclaimer it's not fully there yet but now you still have to answer the question | |
Amjad Masad | I mean the question is like what kind of applications it's like what are the ideas what kind of applications you can build I would say ai applications are are growing really fast like the revenue ramp in some of those ai applications is kinda crazy | |
Shaan Puri | can you can you tell the story of magic school I thought this was really interesting | |
Amjad Masad | yeah so magic school is like an ai application for educators it's it's basically like helping them use foundation models and llms to do their work to do assignments for kids to have an interactive like ai experience and so it's like a full suite of ai for educators | |
Shaan Puri | the guy who created it is a was a teacher right | |
Amjad Masad | the guy who created it was a teacher he took some time during covid to learn how to code and he started using replit and him and and I think and another person built the initial thing totally on replit and because you can go from an idea all the way to deployment and and it immediately started growing like you know people these ai apps like when when the adoption starts happening it goes super viral you don't need a ton of marketing and the revenue ramp was was one of the craziest ones I've seen especially for education | |
Shaan Puri | yeah it was like a known thing it was like hardest thing you could do sell into schools into teachers they're overworked they're underpaid they they don't have the time to like figure out your new tool but this thing is great so if you if you go to it it's basically like because teachers spends a lot of their time not in the classroom it's after after school is done they have to grade papers they have to create the lesson plan for the next day they have to create the quizzes or the multiple choice tests and they have to like so they have to constantly do these and there was these platforms like teacher pay teachers where I could just if I don't wanna make it myself because I'm tired after the school day I might be able to go buy one for $9 from another teacher who teaches 5th grade science in some other state and I would take that and I would I would buy it that way what magic school did was was like cool generate a you just say like I wanna I teach you know 5th grade biology I wanna do a pop quiz about you know how this how mitosis works and then it'll basically create either a lesson plan or a quiz or you know a a a student like interactive like you know workbook that they need to create or whatever and so it lets a teacher not have to spend you know 4 hours a night creating the materials that they need just to teach class because ai can do it for them and this thing looks I I don't know these guys I don't know anything about them but it says you know over 4,000,000 educators are using this which over 4,000,000 educators and their students which I don't I don't know if they're counting 1 | |
Amjad Masad | well if | |
Sam Parr | you go on similarweb they have millions of monthly uniques so that's like a really | |
Shaan Puri | I think they raised like $20,000,000 too obviously | |
Sam Parr | yeah I mean that's like a pretty huge signal | |
Amjad Masad | so they they launched in like I wanna say july 2023 so then like a little over over a year and do you know that these like saas metrics are like how long to get to whatever like 100,000,000 or whatever the ai apps and I would say magic school is on that trajectory is like just like that you know the the curve is like you know all the way straight up | |
Sam Parr | this is kinda weird but maybe this is like a feature of yours that you helped this company become potentially one of the faster growing companies of all time and you only earned $20 a month from that | |
Amjad Masad | yeah so so so replit had you know always a problem of of value capture partly that's why like vcs struggled with it for a long time so that there's some logic for why it is hard to monetize these things and like capture some of the value I will say you know I invested in magic school so there's some of that and with ai I think we're going to be able to capture at least a little bit more of that value if people are monetizing these apps on replit via the agent there's a way I think where we can potentially take a cut out of that especially if we make it like super simple to start monetizing an app and also like if once we reach scale you know it is like chajibouti like you don't need a lot of skill to to do that and it's gonna get easier and easier once we reach scale and you have you know millions of people paying for this and it's not just like $20 you're gonna pay incremental after you finish your credits so we give you a credit monthly credits and then afterwards if you wanna continue you can like buy more credits | |
Shaan Puri | are there other companies like magic school like cool companies like that you've seen that maybe we haven't heard of that are using ai | |
Amjad Masad | yes so you know I'm very excited about agents right now and you know I think I predicted earlier this year on a podcast that you know this is going to be the year where like agents are born and next year is like where agents are going to scale so there's this company called 11x and 11x creates ai sdrs and so basically you don't need to hire sdrs like there are some companies that feel like they you know they can they can bootstrap their sales without sdr you can have like 1 ae and that ae account executive is like running these like tens of ai sdrs and the revenue ramp on 11x was also crazy it's pretty wild how fast these companies are scaling I don't think in the history of silicon valley we've seen anything like that even in the | |
Shaan Puri | like web 2.0 era so what is like a fast ramp for ai for an maybe not 11x specifically but just for an ai company what's like what's imp what's impressive that kinda broke the frame of what how long things would take but you've seen it now | |
Amjad Masad | yeah so I I would say reaching 10,000,000 in 3 to 4 months | |
Shaan Puri | arr oh my god that's wild yeah we I invested in jasper which was like one of the early | |
Sam Parr | kind | |
Shaan Puri | of chat gpt wrapper type of companies where there was like hey like marketing you know you need to write a blog post you need to write a description for a product or whatever and so you could use it for writing any kind of marketing copy and their graph was I'd never seen it it was like in 10 months or 11 months they scaled to like 50,000,000 in annual recurring revenue it was it was like I've never seen anything even remotely close to that it was it brought up a question like is this sustainable is this like what what is happening here like this is I've just it doesn't compute but it definitely broke my frame of what is possible because I've been working you know in silicon valley since you know 2011 11 12 and that just that wasn't a thing you you would never see a graph like that | |
Sam Parr | what are some other companies that have gotten to that like 10 ish or 10 ish million or similar trajectory in 3 month type of businesses | |
Amjad Masad | yeah so this is I I wanted to kind of give a you know sort of a disclaimer about this which is the big question in the investor community right now is like the the moats question and that that started around the time that chia chi pty kind of came out and there was these gpt rappers sort of this condescending way of looking at a lot of these companies it's like ah if you can create a gpt wrapper you know in a month then a lot of other people will create gpt wrappers in a month and you're gonna be competing on price and the margins go down and yes the arr is great but your but anthropic is capturing or or openai is capturing most of the arr not you you're kind of a you're kind of like a middleman and you're gonna have like a hard time having having margins and I think it's totally a valid question now I think you know modes develop over time through strategy and technical excellence so I mean some of these companies can go down pretty fast and there are examples of that right now but but I think if you you know you can have you can start building technical like with replit again this like idea of like pushing a bullet off a hill you know we have this runtime environment we have like this infrastructure we have the deployment we have databases we have all these integrations I mean it's the only one in the world that is like an end to end environment to make software and like to catch up with that it's gonna take years right but technical advantage is also not a long term moat and so again it's a big question I don't think it's answered yet you know there there's strategic things you could do if you reach scale if the switching costs are high you know that that may be like a way to to to have sustainable moats but but it is definitely a big question | |
Sam Parr | you know what's crazy sean like for the long I I hate using the d word democratize I think that's like such an overused like silicon valley | |
Shaan Puri | do it don't do it | |
Sam Parr | but this is actually one of those fuse few examples where like for the longest time building a website or a web app like you just literally couldn't and so now you are making the technology that everyone can do it and so what I think is like guys like sean and me or people like us who have an audience it's like why don't we just why aren't we like constantly launching like companies using this technology because like our ability to get users because we just get on the microphone and talk about it that's like actually a competitive advantage whereas being technical is no longer it's still an advantage but it's not as much as before it's like getting customers now is actually the only hard part which is still hard but it's way easier if you're popular | |
Amjad Masad | yeah so so you know the the playbook I would use is like I would go into some inefficient market or industry so a deal from from magic school went into this hugely inefficient industry which is schools and education and by the way another product is synthesis tutor which is also going viral right now and they have also this revenue ramp that's kind of crazy | |
Sam Parr | both sean and I invested in that company | |
Shaan Puri | I think all 3 of us did | |
Amjad Masad | yeah yeah and for a while they had like this thing where like you know they had educators on the payroll and whatever they replaced all of that with ai now like you know the kids sit in front of the ipad and they're talking to the ai and like learning really fast and it's much better than the previous product | |
Shaan Puri | right | |
Amjad Masad | so basically like find an industry where you're familiar with and just like build a dpg wrapper to like automate some of the work there and like you you could do it like a 100 times and one of them will take off | |
Shaan Puri | yeah it's the era of the idea guy now it's our turn it's our turn to shine right because now the limits and the the kind of the the value creation is do you understand a problem well enough to know how to take this really powerful magic wand and? It at that problem and be able to make that more efficient and then of course do all of the other hard things go get customers make it sustainable build a good team you know like do all the the normal entrepreneurship stuff but it seems like more than ever having a great idea is the kinda like key unlock to doing these things because building has become easier and I'll give you kind of my my personal epiphany that I had while I was doing this | |
Sam Parr | so I invested in | |
Shaan Puri | replit mostly when I just thought you seemed really smart and I saw a growth curve of developers using it and I thought oh cool like I've experienced this problem before like a one stop place where I can come in write the code host it all all the all the stuff you talked about like don't have to download java don't have to do any of that shit that that that appealed to be at the time I think actually in the same way that synthesis like took ai and actually almost like really like 10 x the value prop of the business I think you guys are doing the same so here's my my quick pitch which is now that I think of replit as like basically what shopify was for creating you know like online stores I think replit is that for creating software so to me you guys | |
Sam Parr | are dude his eyes | |
Shaan Puri | just brightened when you you're shopify for software so like I'll give you my example I recently celebrated a milestone that was both I was proud of it and really embarrassed also so a few years ago I started a ecommerce brand and we just crossed 50,000,000 in revenue like kinda like cumulative lifetime revenue half of it was like you know this year but but 50,000,000 total and I was like wow like 50,000,000 that's great like that's I had never created a business that had done 50,000,000 in revenue so that was like a personal pride. At the same time I was telling it to to to a friend of mine who's not an entrepreneur he's like yeah man I would love to learn how to you know like make websites and like make products with manufacturing and I was like oh I don't know how to do any of that like I was I was like this this brand that is on 50,000,000 in revenue for me I don't I just stacked alibaba times shopify I've never manufactured a product in my life still don't know how to and I've never made a website that's like you know actually used by customers still don't know how to but I was able to I was able to skip all the work and get to the brand part like do the thing where we created a product that people liked and you know it's a successful company now and I thought wow replit's gonna do that for the software space and I was like it used to be that the job was software engineer and now it's gonna be software creator it's like I can be a creator of software without being a programmer myself that little shift is a big shift because the way I think about it I don't know how many developers there are I think github has like a 100,000,000 or 200,000,000 accounts so I'll just use that like there's 200,000,000 let's say developer you know software engineers in the world well now there's gonna be 200 2,000,000,000 people that can create software because if you got the internet you got your phone you can create software now you just tell the agent make me an app that does this make a tool that does this and so you 10 x the number of people that can create software in the same way that shopify and alibaba 10 x or more the number of people who could create products and go sell them like hard goods that's how I see what you're doing | |
Amjad Masad | yeah so so you know even at the start of repled you know there's our initial seed deck and the deck it kind of has this elon musk style like you know master plan | |
Shaan Puri | master plan | |
Amjad Masad | and it was like we build a platform we grow it and then ai is going to make the thing a lot more accessible because our mission was make programming accessible then we updated our mission it was create a 1,000,000,000 programmers and then so the moment that you know even gpt-three came out I was like this is a thing and I wrote this thread on twitter about how ai agents will just change how programmers work | |
Shaan Puri | this is the deck 2015 this is I don't even know if openai was a research lab at that time maybe definitely you know there was no chat gpt but this was your master planned deck so we're gonna grow by building tools for teachers and students we're gonna build a simple network and ai assisted interface that blurs the distinction between learning and building evolve into a platform where people can learn build explore and host applications like talking about ai back in 2015 in your in your actual pitch deck | |
Sam Parr | dude it's also clear how codecademy was highly influential to you because I remember years ago sean said everyone tries to learn how to code I used codecademy and it was a pretty cool interface and it's very similar to what you're describing | |
Amjad Masad | you know at some. I kind of lost hope in in courses because like you know we have a 100 days of code we're telling users that to use our application you need to you need to invest a 100 days and that's kind of crazy like there there isn't any like successful company in the world who you need a 100 days to learn it and and so that's when I kind of changed my mindset and I said okay it needs to be chatty bitty like it needs to be just a prompt and we started building that earlier this year and now that's all we're focused on we want to create new programmers you know existing developers great they have a lot of tools but we want to go after the citizen developer right everyone is a developer and I think that's you know that's what you're talking about you go from like a 100,000,000 developers of the world well I think it overstates the numbers probably more 30,000,000 and then you 10x that and so what does the world look like when anyone with an idea could make something and one of my favorite books is the sovereign individual the thing I really was excited about is this idea of ideas become wealth and so you no longer have the bottleneck of making something that's where we're headed and this is what you're talking about sean is like the the it's the time for idea guy and like maybe that's you know tongue in cheek and like maybe the way to to talk about it in more precise terms is that people who can find these gaps in in markets people who have expertise in certain areas that they can tell there's inefficiency and they can like create a ai application that can immediately pluck that | |
Sam Parr | like I saw this video on twitter the other day it was of a snake that got its head chopped off and it like floated around and bit the bit like the tail of its own body and then like the body like reacted your employees are they thinking that this they're sort of doing that to themselves where they're like like when you make jokes | |
Shaan Puri | dark | |
Sam Parr | or like when you're when you like talk about like you don't like you don't need to hire all these programmers to do all this stuff are they like sitting there with their hands in their pocket like like does that mean us | |
Amjad Masad | you know I I always wanted the company to be super lean and so for a long time we're like 10 people but like now we're like 70 people | |
Sam Parr | that's still nothing | |
Amjad Masad | yeah so so I'd rather not hire a lot more people because I think that again the efficiency for programmers so look citizen developers are gonna go from 0 to like say 10x but also existing software engineers are gonna go from 10x to a 100x right and so and so they're gonna be become more and more productive the moment we we automate all of software engineering I think that's sort of like the moment of agi so I think it's like a little far away and the reason I say this is because once you automate software then the agents can rebuild themselves and you go into this into this loop of you know increased intelligence every version builds its next version builds its next version and so this is what they call intelligence explosion that would lead to the singularity right so it's like a pretty crazy time when we automate all of software engineering and so I think I think it's coming I don't know if it's 10 years or 15 years but I think that's the time where the world really radically changes | |
Shaan Puri | have you met anybody in kind of the tech industry that blew you away either personally or maybe you read about them maybe you met a friend of a friend told you a story because I saw a picture of you with jensen you know you've met paul graham I know that you're like connected in the ai circles you met sam altman in addition to building the tech I love the characters and I love the stories it's why every you know elon's snippet of how he runs his companies goes viral and shit like that what are your favorite kind of inspiring stories or crazy stories that you'd you've either experienced directly or or read | |
Amjad Masad | yeah one of the craziest story when we're raising from a 16 z mark invites me to to breakfast at like 10 am at his house and so I go there and I expect like I'm gonna talk about the business and so we spend like 2 or 3 hours talking about politics and the world and like all sorts of things that are interesting to him and I thought like this guy is like is like more than just a technologist he's like a philosopher and so right now he's he's going out and he's talking about this stuff like his jorog interview went super viral and he's been always have like these interesting ideas about about the world and the interesting thing about a16z is his partner ben is is sort of like the executor sort of the executive right he wrote the hard thing about hard things where like he teaches you like about what it means to run a company it's painful it's hard and what it means to hire executives or what it means to scale a company and so so you have this duo of like the doer and the like the philosopher and I think I think that's really amazing and I think they're they have really big plans and they're most just getting started | |
Shaan Puri | I would just hate the philosopher I'd be like are you gonna do anything what are you what are you talking about politics for right now it's gotta be the worst to be | |
Sam Parr | the doer and the doer philosopher relationship | |
Amjad Masad | right you know I I think I think sam is is it was interesting to to meet him talk to him because he's very effective like he like the first time I met him or like maybe not the first time but like he was on his computer as I'm talking and so I'm talking it was like yeah we're fundraising I went to to talk to you know a16z I'm like really big fan of of marc and he was typing on his computer okay I introduced you to marc and and and then you know when you send sam emails it's like pretty quickly replies with like a you know a couple of words or like a couple of sentences so I saw how effective and fast you can be and that I'm not like that you know I'm trying to be more like that but I'm someone who really values the quietness like to think about ideas and to think about strategy and things like that so I'm not always on top of communication it actually makes me like a little you know it's overwhelming but I think seeing these people at least you know inspired me to be a little more like that | |
Shaan Puri | you tweeted out the story that I loved about you said the most gangster story in silicon valley is steve jobs buying pixar for 5,000,000 investing 50,000,000 and operating at a loss for a decade so much so that he had to cut personal checks to make payroll and somehow turning it around to a 7,000,000,000 dollars b 000 000 000 exit why why did you like that story | |
Amjad Masad | you know I I there are people who are overrated in silicon valley and I think there'll be people who are underrated like I think people think about steve jobs in terms of like yeah the flashy things the iphone the ipad you know coming in stage and doing that the thing I like about the steve jobs story is when he was lost in the desert for 10 years so he left he was fired from apple and then he created 2 companies that were failing the whole time like next computing next computers and pixar were literally failing like they didn't do anything you know they weren't selling he was just like investing more and more of his money like I think he was gonna go broke but he kept going for 10 years like how do you do that and I you know I'm a person who like we talked about in my story where I want to be able to go the distance I think going the distance is an advantage for entrepreneurs and pixar became this hugely valuable company and it goes from making no revenue to making 1,000,000,000 of dollars and going public over a couple of years and next computers saved apple apple was having a problem with os like intel you know they had the chip before I don't know they made it internally or something like that and then everyone was moving to intel and intel was the best computing chip and they wanted their computers to be fast and so they needed a new operating system and they tried to buy they went to the market they tried to acquire companies they couldn't find a great operating system and next computing had a great operating system and that became macos so they bought | |
Sam Parr | oh wow | |
Shaan Puri | I didn't know that I thought next was just a failure I didn't even realize it actually I thought they just bought steve back acquihire but it wasn't just acquihire | |
Amjad Masad | no I mean objective c for example you know next computing was really obsessed with this idea of object oriented programming and they innovated a lot on what that means and you know it is based on unix but it has a lot of interesting features on top of that so app they it saved apple because apple was otherwise not gonna be competitive without these new chips | |
Shaan Puri | right well dude I know we kept you half an hour over I apologize for that but this was amazing this was one of my favorite episodes in a long time and I'm not just saying that you can go check all the other episodes I don't say that at the end so this was awesome thanks so much for coming on where should people twitter is the best place to follow you | |
Amjad Masad | yeah twitter aim assad on twitter and and the replit handle on twitter as well just just repl | |
Sam Parr | dude thank you very much you're the best | |
Amjad Masad | of course of course my my pleasure |