Matt B
@b4bendetta
Followers
924
Following
14K
Media
860
Statuses
17K
Music, sports, startups, and the rest of my life. Proud #Cal alum // Enjoyer of #padrestwitter // co-founder @peerspace. Ex @EA. Book time with me in Intro
Encinitas by way of SF
Joined February 2009
š¤
Huge news: Weāre changing our company name from @Grammarly to Superhuman and launching a new product! The Grammarly brand isnāt going anywhere, but weāre evolving into a multi-product company that includes Grammarly, Coda, Superhuman Mail, and a new AI assistant called
0
0
0
Itās over. Andrej Karpathy popped the AI bubble. Itās time to rotate out of AI stocks and focus on investing in food, water, shelter, and guns. AI is fake, the internet is overhyped, computers are pretty much useless, even the steam engine is mid. Weāre going back to sticks and
156
85
2K
Best to hope not to have to raise again.
NEW from Anduril cofounder and Founders Fund partner @traestephens: āI regularly see startups chasing what Iāve come to call a āKamikazeā funding round: an early, enormous check tagging the company with a valuation vastly outpacing its current status in the market.ā This
0
0
0
So $500 annual ārev run rateā and $1m payout per day implies 23% NR - COGS ~2-5% for payments, supply subsidies, insurance, etc. Guessing true ARR is $135M (not too shabby) and GP around $115M. CEO might not tweet that # when momentum is the story, but thatās the best practice.
Mercor (@mercor_ai) scaled from $1-500M in revenue run rate in the last 17 months, making us the fastest growing company of all time. Our growth is accelerating. We averaged 11% week over week growth in July, 18% WoW growth in August, and 19% WoW growth in September. One trend
0
0
0
Exactly. New founders donāt seem to get this fact.
The best startups have always worked late into the night and on weekends. They just donāt talk about it nonstop publically. Itās hard to see all the 996-maxing as anything other than performative. Doth protest too much.
0
0
0
Every early stage marketplace I encounter is using GMV/GSV as an ARR multiplier. Somehow this qualifies as hype. Why didnāt I do this in the past!? Oh yeah, because itās not real enterprise value. I also wonder what happens to growth when the research labs cut back on spend.
AI labor marketplaces are having a moment. The headline number is probably gross service value with ~10-20% take rate. Still great growth but definitely not ARR.
2
0
2
This guy gets it. @karrisaarinen
Having been an employee at a startup in the past, I found the 90-day option exercise window very unfair. There was rarely guidance on early exercise, or it wasn't allowed, tenders weren't including past employees and there wasn't much transparency on the business overall. With
0
0
0
One of the telltale signs of inauthenticity.
The mark of the beast: Itās not x ā itās y.
0
0
0
Me x Marketplaces
Founder/market fit doesnāt mean you love the space. It means the space keeps dragging you back in, even when you try to leave.
0
0
1
Crisis management in marketing doesnāt get better than this.
0
0
1
AI is having a profound impact on marketplaces. @b4bendetta joined us for a guest blog post to share how marketplaces can rethink solving for disintermediation in the new age of AI. https://t.co/W6HF1L0ItE
everythingmarketplaces.com
Matt Bendett shares a guest blog post on how to prevent marketplace disintermediation with AI.
0
3
5
Here's the article, looking forward to your thoughts and insights. https://t.co/adrygnQWOx
nofixedpath.com
Fighting Circumvention with AI Today, and Preparing for Agentic Commerce Tomorrow
0
0
1
Marketplaces have always struggled with disintermediation. AI might finally offer some real defenses. I wrote about how platforms are using LLMs and agentic systems to fight leakage today and what happens when agents start doing the deal-making themselves.
1
0
2
The brand is willing itself towards ideals of trust and humanity but it still needs to earn it or it falls flat.
0
0
0
Big time unlock if you live in @NotionHQ like me.
Could we save you from writing docs from scratch? Introducing ā Enterprise Search + Research Mode in @NotionHQ. Turn your scattered knowledge from @SlackHQ @googledrive @Jira @Zendesk... and PDFs + web into instant drafts for sales preps, research reports, products spec (Or,
0
1
0
Time is absolutely a precious resource. Everyone is in love with automating away the mundane. I wonder how much discipline weāll all have to know where to spend our time? Society is reciprocal. So how much agency will everyone ultimately have?
0
0
0
I wonder how many things weād like to have someone else do today become the things we wish we were still able to do tomorrow?
For many of us, AI's "killer app" will be teaching a computer how to do things that we don't like doing so that we can spend our time on things we do.
1
0
0