YouSaid · the spoken record

Andrew Bialecki

lines on the record: 52
first: 2024-06-26
most recent: 2024-06-26
sittings or episodes: 1
sources: podcast

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“Man, what an interesting question. So when we started, my co-founder, Ed and I, we wanted to build something that wasn't just kind of a feature or a small app. We wanted to dream big. So I think we kind of had this North Star of, well, gosh, wouldn't it be really cool if you could take a person? You know, like the essence of you or me, take kind of our surrogate. Now we talk about AI. It's like your agent. And what if you can hook that up to the internet? So, you know, instead of just the internet being these fiber optic network, we can pass around images or text or video, what if it's like you could pass around me? So we knew that that's what we wanted to build. And then it was a little bit of a work backwards. My co-founder Ed is very pragmatic on like, okay, Andrew, but like what's valuable to somebody today right here, right now? It kind of pulls me out of the clouds. Yeah. And so, I mean, we started out and we said, okay, well, you know, if you're going to connect somebody to the internet, then you probably build something that represents their brain. And so that's where we came up with this concept of like, what's a database? And, you know, brains are good at both like deep intellectual thinking.”
2024-06-26 · The Twenty Minute VC · 20VC: Klaviyo's Andrew Bialecki on Going Public in an IPO Winter, Is Klaviyo Under-Priced in Public Markets and Why, Why Every VC Turned Klaviyo Down in the Early Days & How Shopify's Partnership Changed the Game · IDENTIFIED FROM THE TRANSCRIPT · source
“In year one we got to a couple thousand dollars in MRRs. In year two, we got to a quarter of a million dollars in RR. And then it was until the end of year three that we got to a million dollars. When we were building Clefio, we'd applied to all these, you know, some of these venture firms had these kind of, you know, we'll give you $20,000. And it's like, you know, no strings attached, no equity. We applied to two or three of these and not one accepted us. I remember going to Ed and saying, let's just try to do this ourselves. This is 20 VC with me, Harry Stebbings, and I am a vertical saturn. And that means I am one of the biggest fans of Clavio.”
2024-06-26 · The Twenty Minute VC · 20VC: Klaviyo's Andrew Bialecki on Going Public in an IPO Winter, Is Klaviyo Under-Priced in Public Markets and Why, Why Every VC Turned Klaviyo Down in the Early Days & How Shopify's Partnership Changed the Game · IDENTIFIED FROM THE TRANSCRIPT · source