Eric Simons: prediction

Transcript context

…Let's just share some numbers about the scale of what you're building. The rate you're growing is absurd. You're kind in this cohort of companies that are just growing at rates that we've never seen in the history of startups, and you guys are at the edge of that. Share some numbers about how things went when you launched, and where they're at today. Yeah, when we launched, the company was on the verge of going under when we launched Bolt, our company StackBlitz. We'd been around for seven years building web-based development, environment stuff. And so when we launched this we were like, "This would be amazing if this added a 100K of ARR over the next couple of months. " And what ended up happening is, in the first two months, we went from zero to 20 million of ARR. And I think we're on month four, or four and a half or something like that at this point, and we've already crossed 30 million of ARR, and we're on the verge of crossing 40. By the time this comes out, it appears that we're going to be at 40 million ARR. So it's just, the scale of the growth of the revenue has been nuts. And of course, that correlates with insane user growth, as well. We've added three million registered users just in the past few months here, and monthly active users is around a million, I think at this point, per month. So it's just been... I've never seen anything, I've been doing startups for 15 years, I've never seen anything like this. Everyone I've talked to, our investors, or et cetera, there's not a lot of corollaries to what's going on here. And it's kind of extraordinary, because our company wasn't doing AI stuff six months ago. We had no AI products, and just out of nowhere we, from almost death of the company to being the number one buy traffic revenue, et cetera, like AI Cogen app, that's totally web-based, in the world. I think the only other startup ahead of us is for Cogen, just in general, would be Cursor, and the option revenue at this point. And so anyways, it's been a heck of a ride. And our team's like 15, 20 people, so it's just dealing with, we're going to be closing on 100,000 customers, and our support team's like three people. So we're trying to scale as fast as we can. So it's just kind of mind-boggling, just the scale of the demand, and how we've had to turn things around to match the demand as best as we can. Mind-boggling is an excellent way to describe what you just shared. A million monthly active users, you're at 40 million annual recurring revenue, five months into the business. Is that right?…

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