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Simon Last: belief

15 Apr 2026 Latent Space Notion’s Token Town: 5 Rebuilds, 100+ Tools, MCP vs CLIs and the Software Factory Future — Simon Last & Sarah Sachs of Notion

“There’s something there. I think that’s, that’s really important. So it’s, we’re trying to sort of.”

— Simon Last

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Everything needed to verify it.

Speaker
Simon Last
Attribution
Verified speaker
Claim type
belief
Recorded
15 Apr 2026
Publisher
Latent Space

Transcript context

…right, and like back to, you know, organization design, which I probably care about more than Simon, but like the people that built this are three engineers from three different teams. Because we’re like, we need to launch this and we need to fix this. And then we’ve just built a company where then we just put people on it and no one complains, the manager doesn’t complain. And we were able to unblock and just ship it. Alsesio: Yeah, yeah. But being in a failure chat and asking it to just fix yourself is amazing. Versus I gotta copy this and put in the settings chat. Mm-hmm. Mm-hmm. To do it. So yeah. Interesting. Like a trade off in there that, that we’re trying to explore, which is, you know, we wanna be like a business enterprise safe agent where you can delegate something and, and trust that it’s gonna work. But also we want to get some of that sort of bootstrapping power that, that you feel like when you’re coding it is making a browser, like for itself, right. There’s something there. I think that’s, that’s really important. So it’s, we’re trying to sort of. Navigate that, that, that trade off and try to get you both. Alsesio: Now it’s free, it’s amazing. Uh, I’m worried about when I have to start paying. How do you think about, so you have notion credits as a payment for this, which is like separate from the usual tokens, uh, that the model generates. How do you design pricing, value-based pricing based on the task and things like that. So they are, um, the credits and payment structures associated with the token usage. The reason that we had to make it not just throughput of tokens is that it’s not always priced that way. Like our, um, fine tuned and open source models are served on GPUs, right? Web search is priced differently. You know, if we were to host sandboxes, those are priced differently. So we had to think of an abstraction above tokens. And it’s also not just tokens, it’s the token model. Um, and serving tier trade off, right? Mm-hmm. Because we can have priority tier processing, we can have asynchronous processing. The cash rate could be different, um, depending on who uses it when, right? And so we wanted to, um, from the get go commit to making sure that customers were getting the fair deal. Not necessarily that we were making a ton of money off of it, but that customers were paying for what was reasonable. That’s the fundamental of where we started. And also, you know, we’re selling enterprise sa, so if we sell credit packs and you get discounts if you’re an enterprise and you buy a certain amount of credit packs and things like that. So it also just helped the sales motion, um, work a little bit easier. So that’s the answer on the abstraction of credits to dollars. Now was the question how we decide how to price it or? Alsesio: Yeah, like, I mean, I think there’s, all tokens are not made equal, but yeah, we obviously get charged mostly equal. Like you can ask, uh, codex to create you a dumb tool for like, I created one for our StarCraft two land for people to like find a game. Uh, but then people create it to build features and like billion dollar companies. But the token price is the same. Yeah. Alsesio: Like for you, I can ask this to update my favorite recipes doc. I’ll do it, but I could ask it to like respond to an email from an investor and like the value is like very different, you know, and you could charge more, but you’re not necessarily doing it. So I’m curious if there was any discussion.…

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