Elena Verna: evaluation

Transcript context

…Okay. Absurd. I think people are getting used to these insane numbers, and not long ago is like, okay, if you hit a million ARR in a year, you're doing pretty well. Yeah, yeah. I think still you're doing pretty well if you have a million ARR in one year. This is one of the once in a lifetime type of companies, and the category, the way that it's evolving. So, I want to make sure that people don't all of a sudden set this as a benchmark for success because it should never be. In some categories, it might be even faster as we continue evolving technology, but I don't think that it's realistic to expect it out of your business that you're starting right now. That is such an important point you're making there, it's so discouraging to founders to hear these stories of getting 200 million. And again, this is ARR. There's a lot of companies, especially in the data labeling space, I've had them all on the podcast, that are very fast-growing, but they're not recurring revenue. There's also, they pay out their people to do this data labeling. So, the revenue numbers there don't really equate. Recurring $200 million a year is absurd.…

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