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20VC: Scaling to $1BN+ in Revenue with No Funding: Surge AI | The Most Insane Scaling Story in Tech |

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Manage episode 495605677 series 73567
Content provided by The Twenty Minute VC and Harry Stebbings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Twenty Minute VC and Harry Stebbings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Edwin Chen is the Founder and CEO of Surge. Founded in 2020, Surge has scaled to $1BN+ in revenue with zero external funding. At the same time, their competitor, Scale.ai raised over $1.3BN to reach $850M ARR. Today, Surge have the world’s largest model providers as customers and have just 120 employees.

Agenda:

00:00 — “Everyone Else Is Just a Body Shop” — Edwin Calls Out the Whole Industry

01:05 — Why 90% of Big Tech Is Wasting Time on Useless Problems

03:45 — “I Don’t Do 1-on-1s” — How Surge Kills Meetings and Still Moves 10x Faster

05:55 — Will a Single Person Build a $1B Company?

08:10 — 100x Engineers Are Real — Here’s How to Spot Them

12:10 — Why Most PhDs Are Useless in AI Training

14:20 — Built to a Billion With Zero VC — Edwin Explains How and Why

17:00 — “No Sales Team, No PR, No BS” — Why Surge Stays in the Shadows

21:15 — The Real Reason AGI Might Take Until 2040

24:45 — Will Synthetic Data Kill Human Labelling?

29:00 — “Academic Benchmarks Are a Scam”

31:05 — Why the Real Bottleneck in AI Isn’t Compute or Models — It’s THIS

33:00 — What Every AI Company Should Be Asking (But Isn’t)

35:15 — “No, I Wouldn’t Sell Surge for $100B”

39:00 — Is the Application Layer Doomed? Edwin Predicts the Future of AI Startups

46:30 — Have the Leading Foundation Models Already Been Founded?

48:10 — AGI Could Be Dangerous — And Most People Are Ignoring Why

20VC: Scaling to $1BN+ in Revenue with No Funding: Surge AI | The Most Insane Scaling Story in Tech |

  continue reading

1336 episodes

Artwork
iconShare
 
Manage episode 495605677 series 73567
Content provided by The Twenty Minute VC and Harry Stebbings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Twenty Minute VC and Harry Stebbings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Edwin Chen is the Founder and CEO of Surge. Founded in 2020, Surge has scaled to $1BN+ in revenue with zero external funding. At the same time, their competitor, Scale.ai raised over $1.3BN to reach $850M ARR. Today, Surge have the world’s largest model providers as customers and have just 120 employees.

Agenda:

00:00 — “Everyone Else Is Just a Body Shop” — Edwin Calls Out the Whole Industry

01:05 — Why 90% of Big Tech Is Wasting Time on Useless Problems

03:45 — “I Don’t Do 1-on-1s” — How Surge Kills Meetings and Still Moves 10x Faster

05:55 — Will a Single Person Build a $1B Company?

08:10 — 100x Engineers Are Real — Here’s How to Spot Them

12:10 — Why Most PhDs Are Useless in AI Training

14:20 — Built to a Billion With Zero VC — Edwin Explains How and Why

17:00 — “No Sales Team, No PR, No BS” — Why Surge Stays in the Shadows

21:15 — The Real Reason AGI Might Take Until 2040

24:45 — Will Synthetic Data Kill Human Labelling?

29:00 — “Academic Benchmarks Are a Scam”

31:05 — Why the Real Bottleneck in AI Isn’t Compute or Models — It’s THIS

33:00 — What Every AI Company Should Be Asking (But Isn’t)

35:15 — “No, I Wouldn’t Sell Surge for $100B”

39:00 — Is the Application Layer Doomed? Edwin Predicts the Future of AI Startups

46:30 — Have the Leading Foundation Models Already Been Founded?

48:10 — AGI Could Be Dangerous — And Most People Are Ignoring Why

20VC: Scaling to $1BN+ in Revenue with No Funding: Surge AI | The Most Insane Scaling Story in Tech |

  continue reading

1336 episodes

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