AI CEO: How to build a $1B Company in 2 days | Amjad Masad @replit — Silicon Valley Girl Podcast

Amjad Masad August 29, 2025 38 MIN
Amjad Masad, Founder and CEO, Replit, interviewed by Marina Mogilko on the Silicon Valley Girl Podcast

About the Guest

Amjad Masad
Founder and CEO, Replit

Amjad Masad is the founder and CEO of Replit, an AI-powered collaborative coding platform valued at approximately $3 billion. Before founding Replit, he worked as an engineer at Facebook and co-created the JavaScript engine infrastructure used at scale. He is a vocal advocate for democratizing entrepreneurship by making software creation accessible to anyone, regardless of technical background.

In this episode of the Silicon Valley Girl Podcast, Marina Mogilko interviews Amjad Masad, Founder and CEO, Replit. Marina Mogilko sits down with Amjad Masad, founder and CEO of Replit, to explore how AI-powered coding platforms are enabling non-technical entrepreneurs to build and launch software businesses without traditional engineering skills. They discuss Replit's growth to $160M ARR and 350,000 active paid apps, live-build an app together on the platform, and debate the future role of software engineers in an AI-driven world. Amjad shares his three-step framework for entrepreneurial success and explains why grit, not ideas, is the defining trait of successful builders.

Key Takeaways

  • Replit has reached approximately $160M ARR with around 350,000 active paid apps on the platform, growing at roughly 25% month over month.
  • A CFO at a VC firm with no engineering background used Replit to build his dream app in 3 months, landed contracts, and is on track to generate $5M in revenue — without hiring a single software engineer.
  • Amjad believes solopreneurs will build billion-dollar companies within the next few years as AI removes the technical bottleneck of creating software.
  • Effective 'vibe coding' requires thinking like an entrepreneur rather than a developer — focusing on the product vision and iterating with the AI agent rather than debugging line by line.
  • Grit matters more than ideas: Amjad argues that execution and persistence are the number-one traits separating successful builders from those who stay stuck at the idea stage.

Marina Mogilko: How far ahead you think is time when a solopreneur is going to build a billion dollar company in the next few years?

Amjad Masad: This is Amjad, founder and CEO of Replit, an AI powered coding platform that turns your ideas into apps. Our mission is not just to make software more accessible, but really make entrepreneurship more accessible because creating a business is really one of the best feelings in the world. But let's be real—can anyone just sit down with AI and build a billion dollar company? It comes down to three simple steps.

Marina Mogilko: Hello everyone and welcome to Silicon Valley Girl. We have an amazing guest today—Jad, the founder of Replit. I've talked about Replit a few times on this channel because I've personally been using it, and I'm just fascinated by your journey. I wanted to start with this question. You said you're going to empower a billion software engineers or programmers in the next couple years, but at the same time I saw you say that in a couple years companies wouldn't need software engineers. Can you explain that?

Amjad Masad: Yeah, I'm mostly talking about entrepreneurs like us. I think that bigger companies will always need software engineers, but people who have an idea—and everyone has an idea. Like, one experiment to do is go on the street and stop people: do you have a business idea? Everyone has an idea. But for the most part, the thing that's stopping them is that they don't have the technical skills or they don't have someone. You know, as a programmer growing up, all my friends were like, "Oh hey, can you program this idea for me?" Well, now you could do it. And so we're getting to a point where you can run a business. It's difficult. The technology still needs to mature, but we have a lot of stories where people have built their dream apps—ideas they've had for like 20 years.

We're talking about a CFO at a VC firm. He's a domain expert. He knows how to manage a VC fund and he never found the right tools for him. He had all these ideas on how to build them, but it's almost always hard to find engineering resources. So he used Replit and in three months he built his dream app. He went out and sold it and got a lot of contracts. I think he's on track to make five million. He quit his job. Now he's an entrepreneur. And he told us every time—he's saying, "Well, at some point I need to onboard a software engineer." Maybe he does, but you know, it's been—he got to five million in revenue and still he didn't have to.

I'm sure you know Meta and OpenAI and us—we're always going to need software engineers. But there could be a lot more entrepreneurship in the world, a lot more businesses if that bottleneck that is making software goes away.

Marina Mogilko: Do you have like a screen here where you track your most important metric? What's the most important metric?

Amjad Masad: So every team has a screen—infrastructure metrics, product metrics. It's really depending on the team, and almost every team has a screen.

Marina Mogilko: So what's one universal metric everyone's looking at?

Amjad Masad: ARR—Annual Recurring Revenue. Like everyone's responsibility.

Marina Mogilko: Can you share your recent ARR?

Amjad Masad: Yeah, 160 million.

Marina Mogilko: 160 million? That's amazing. You've been growing like crazy. Like your graph is a dream White Combinator hockey stick. But especially if you plot it from like ten years.

Amjad Masad: Oh yeah, right. And it does that.

Marina Mogilko: That's amazing. And also like it's so encouraging for entrepreneurs who don't see progress right away.

Amjad Masad: That's right. That's right.

Marina Mogilko: How many people are using Replit right now? About 50,000?

Amjad Masad: 50,000 people right here, yeah.

Marina Mogilko: Do you know how many apps built on Replit are actually active and running?

Amjad Masad: Yeah, about 350,000 like paid online apps. That's growing fast—25% month over month.

Marina Mogilko: Do you know how many of them actually generate revenue?

Amjad Masad: We don't. I think those are more anecdotal—the stories that we hear. Pretty soon we're going to be helping you integrate with Stripe and monetize. So we'll be able to track that.

Marina Mogilko: I think I already added my Stripe to Replit.

Amjad Masad: So yeah, the agent knows how to do it. But we're going to make it even more effortless, like one click. Our mission is not just to make software more accessible, but really make entrepreneurship more accessible because that's really the thing I think that changes lives the most. You can make a piece of software—it's fun—but making, creating a business is really one of the best feelings in the world.

Marina Mogilko: So actually, I'm trying to build something with Replit right now. And the thing is, it's something that I'm encountering. Yes, it's building like a beautiful layout, but then sometimes I get a "service unavailable" error. That's the recent bug I got. So it feels like...

Amjad Masad: Oh interesting. Yeah. On the deployment. So you can go to logs here and understand why the service is unavailable. So you can see there's an error. You can copy that error and give it to the agent and tell it, "When I deploy, I get this error."

Marina Mogilko: Okay. But basically what I'm realizing is that it's still a little work, right?

Amjad Masad: It's work. If you have this data, how long does it take to build something that's actually working? Like, what I'm trying to build here is a tool that's going to analyze my videos and let anyone analyze their videos on YouTube and determine videos that have potential if you change their title and thumbnail. You know how it works? Sometimes you repackage a video and it just starts getting all the new views. And I'm trying to build something that's going to help me do that. But I've already spent like six hours and it's a process.

Amjad Masad: Yeah, it is a process. You're still acting kind of like a software developer. You're acting like a software development manager. And so you have this powerful but easily distractable intern, and you need to manage him very well. So for example, you type this prompt—there's like only one sentence. I would have spent maybe another minute or two on it and just say, "When I deploy the site, I'm getting this error, but I'm not getting it in the preview." So communicating in a more precise way is very important. So prompt engineering and prompting is not that different than programming. We just take away the syntax from it, right? Like you don't have to understand the syntax and a lot of the underlying details, but you still have to be very precise. And actually it helps when communicating with developers as well to be able to talk that way. So an app like that will probably take a couple days, whereas previously, even a senior engineer would have taken a couple weeks.

Marina Mogilko: That's like

0,000 to
5,000.

Amjad Masad: Yeah, something like that. It will cost you something like that. But I would spend two, three days on it. I think you'll be able to get it.

Marina Mogilko: How can I learn to be better at prompting?

Amjad Masad: We have a YouTube channel. We have a great developer relations person who creates a lot of content. His name is Matt. And so we try to train people on prompting and the underlying systems. So Replit has a DNA of education. So when we were talking about a billion developers, these billion developers need to learn. It's not going to come for free. So there's a learning curve associated with it. And you need to be resourceful. So you need to go to YouTube, search like "how to prompt." You need to spend a lot of time and practice by building, changing your style. Some people go to OpenAI for example and pick O1 or right now it's GPT-5 with thinking, and give it the idea and tell it, "Hey, I want you to structure it into a really great prompt for me," something like that.

Marina Mogilko: Yeah. So I think Paul Graham, the founder of Y Combinator—you know, the best accelerator in the world—wrote this essay about being resourceful. He talks about the qualities of founders, and one quality is being relentlessly resourceful. So they're able to find resources to unblock themselves and not hit a wall. Because I think a lot of what entrepreneurship is is finding all these walls and really driving through them.

Amjad Masad: And the way to do that is—think of it like a video game. In a video game, especially open world video games, you're often running into these problems where you don't know how to get to the next level. A lot is creative thinking, kind of moving around and finding the clues. And I think entrepreneurship and building software is similar to that.

Marina Mogilko: Can you tell me what changed when you decided to start your company? What was this thought that was like, "I need to build this"?

Amjad Masad: So there's starting the project versus starting the company. Starting the project was so obvious to me—programming is hard. We need to make programming easier. That's like a very technical sort of view on things. Starting the business was less obvious because I had worked at startups. I knew how painful they are. Like, I worked at Codecademy for example when I first came to the states. It was based on the open source version of Replit. But I saw how difficult it was and it was really painful—a lot of hard work. So Replit was still a side project and started growing. And we really—I didn't want to start it into a business because I actually tried to sell it to Facebook where I was working back then. I wanted to stay there. I was very comfortable and happy there. It's a scary feeling to leave your job and go heads down.

But it was kind of de-risked because we had a platform that people really loved. We had 100,000 users plus a month. So after a lot of deliberation and really trying to think what matters to you, what creates meaning in your life, and serving our customers and really achieving our mission—helping people create businesses and all of that—felt very important. So I think it's about meaning partly.

Marina Mogilko: It feels like with this tool there are two problems in entrepreneurship used to be three—like coming up with idea, building product, and marketing. Now you're left with coming up with ideas and marketing, right?

Amjad Masad: What do you think is going to happen when everyone's building an app?

Marina Mogilko: Yeah. So when everyone's building an app—when that is—it's still a skill, right? It's still like we talked about. It's still a skill that you can develop. And I think grit is very important. So resourcefulness, grit, like not quitting, like not quitting after six hours, like spending another day or two on it at least. I think domain knowledge is very important. So if you have excellent domain knowledge on YouTube, you need to imbue that. You need to give that domain knowledge into the agent. You need to prompt in a certain way so that you're downloading your domain knowledge, and that is your competitive advantage. But at the same time, what OpenAI models are training on, they're so much better at defining what a good YouTube video is.

Marina Mogilko: I think you still have tacit knowledge that is not necessarily expressed in all your videos and all the content out there. That CFO at the VC firm has a lot of knowledge and skills he built up over the years that he can make into an app that you can't find on blogs and you can't find online. And so I think every one of us as we go through life, we build up a lot of experiences that LLMs do not get to experience because they're not embodied. But do you think there will ever be a time when AI sees the problem, comes up with a solution, codes the app, and doesn't need a human?

Amjad Masad: You know, I might be a bit different in the Silicon Valley context in that I am quite skeptical about the AGI vision. I think we can build extremely competent agents, but you would always need the human as a driver because I think that the way large language models work is they train on the entire corpus of texts on the internet—text and books, all of that stuff that is text of the past, of what has happened, right? What people have put in. But can it come up with novel ideas, creative ideas, ideas based on what's changing in the world right now? Because they're not always learning. They're not continuously learning. They're within this closed box that is their training corpus, right? It's almost like a library in a way. It is a library. A library has a lot of ideas and it can remix and mix and match ideas. But a net new idea is something that I think still humans have a special place.

Marina Mogilko: I love your answer. But so the fear inside me wants to push back by saying that, you know, all the ideas already exist in the world. Like when we're talking about new movies or new books, they take a pre-existing idea but change characters, change circumstances.

Amjad Masad: There's always a novel idea. So think about Bitcoin. Bitcoin was based on a history of 20 years of people trying to build digital cash. And in the references it's referencing hash, proof of work was existing. Proof of work—the idea that the machine is solving these cryptographic problems in order to secure the Bitcoin network—was actually originally invented to fight spam. So there was the spam problem of emails. We didn't have spam filters or AI. And so when I'm sending you an email, I solve a cryptographic problem that is expensive to show you that I'm not a spam agent, right? So Satoshi Nakamoto took all these ideas—and you're right, existing ideas—and put them in a new package. But he added a novel idea, which is how to solve the double spend problem. And this is the blockchain, right? So I think it's easy to think that there's nothing new under the sun. I think that's the expression. But I think if you look carefully—if you look at what Einstein did, right, with his theories—there's always one novel insight, one really strong novel insight. It's almost like there's divine intervention. There's something spiritual about having a really novel idea. And I'm sure you've experienced it in the past. I think that is fundamentally human. I don't know where it comes from.

Marina Mogilko: Yeah. And also this feeling that you're the one to bring it to the world. I feel like AI lacks that. Okay, let's see. Let's see what's going on here. Should I go to overview and try again? No.

Amjad Masad: So I hit redeploy. It's asking you to redeploy. So it'll take a second to deploy. I'd be curious. So fixed session decentralization problem. Okay, while it's deploying—you said the gap between a Replit user and a senior Google engineer will disappear in two years. Should people still learn how to code, or what's going to happen to the engineering job?

Marina Mogilko: I think the engineering job will continue to exist, especially in very domain-specific areas. That's basically what we're talking about. There are a lot of things that are not very well represented in the data. If you're a platform engineer at Google dealing with a billion users, there are knowledge and things that you understand and have learned on the job that LLMs do not know because no one's written them anywhere. It's this tacit knowledge.

And so I think those engineers will continue to exist. If you're an engineer at NASA and you're building fault tolerant systems, if you're building provable systems—I don't want my Tesla autopilot to be vibe coded, right? Like there are a lot of life and death systems that we want engineers that are very low-level and very almost mathematical about it to exist. So there's a lot of situations in which engineers will continue to exist.

But if you're a product builder, I would say just go ahead and build the product. Like don't wait. If you need to learn coding along the way, learn it. But your mission is to build the thing. So I would start by building and, like we said, being resourceful along the way goes a long way.

Amjad Masad: So what should engineers who are building apps like this do now?

Marina Mogilko: Um, let's see. Where is it? There we go. Oh, there we go. Okay, sign in. Okay. We had a new issue, and it's like Google authentication, but that's how software engineers work. Okay, this is this iteration. Got it. So you think we'll solve a problem, and then get a new problem? But do you think it will ever get to the stage where I don't have to do this?

Amjad Masad: Yes. Because it could actually run everything and test everything. Yes, so we're working on that. Is there something you can talk about it, or not yet?

Marina Mogilko: Usually not yet. But let me give you some hints. Okay. Every vibe coding platform today automates generation of code and all of that stuff, which is great, but leaves a job for you that is actually very routine and uncreative and annoying, which is quality assurance and testing.

Amjad Masad: Exactly. QA.

Marina Mogilko: So we're solving that.

Amjad Masad: Okay. All right. You're launching something right? Is there a lot of pressure on the team? How are they handling?

Marina Mogilko: Yeah. So we have an offsite next week where we're going to LA on the beach. At least that's like a sort of relaxing environment and we're going to be going really deep and working really hard. And then the week after that we're going to be coming here. It's called sprint week and we do it before every launch. And people typically work 14-hour days non-stop.

Amjad Masad: You too?

Marina Mogilko: Yeah.

Amjad Masad: Your wife too?

Marina Mogilko: Yes. Yes.

Amjad Masad: Who takes care of the kids?

Marina Mogilko: Okay. There's a question coming from all the entrepreneurs who have kids: how do you balance this? So we talk about work-life balance. We talk about work-life harmony or work-life integration. And so, for example, we'll have the nanny bring the kids to the office. So they can vibe code. They can vibe code. I sometimes sit down with my kid and do a little bit of coding. But so we can see them, right? And next week for the trip, everyone here could bring their families as well. So we try to create that integration.

Amjad Masad: Do you think it works honestly, or do you feel like you're missing out on your kids?

Marina Mogilko: I don't feel like I'm missing out. Like, honestly, I don't feel like I'm missing out. So just having a bit of freedom in your schedule. I spend like mornings with them. I wake up at 7, 8, and I get to the office by 10:00, right? But I stay late here. We have dinners here. But I have these two hours in the morning at least. Sometimes I'm there for dinner as well. And on the weekend, I'll work a little bit—like Sunday afternoon. I'm always on my phone working obviously and responding and taking phone calls and things like that, but I feel like I'm present.

Amjad Masad: What about your wife? Similar schedule?

Marina Mogilko: I think, yeah, no, she has a less intense schedule. I think the CEO schedule is a little more intense. And I think this is probably something you can relate to. I think being a mom there's like a more sense of guilt that I don't really feel all the time because they're back from school right now, right? But I also would love to do this. Yeah. But I also feel like all things considered, we feel fairly involved in their lives.

Amjad Masad: That's good. Talk to me about your mindset. Like you're coming up with all these new things, but at the same time we have Lovable, Cursor. We have all of these tools. We're going to let you do the same thing. How do you see yourself being different? And how do you survive mentally as an entrepreneur?

Marina Mogilko: So we're going to be the first to do what I just talked about, and it's launching in September. Yep. And last year we're the first agent on the market. And so we're always three to six months ahead. I think this feature that we're building is probably going to be a year ahead of anyone else. And that's because it's built on 10 years of innovation, infrastructure innovation. Like every app that you're building, every workspace is backed by a cloud virtual machine built on a file system that we innovated. We even patched the Linux kernel to make things work for Replit. And so all that infrastructure allows us to always be ahead.

We'll come up with an idea. Sometimes it takes two three months to build. If you want to build the idea from scratch, it'll take you two three years to build. And so I think Replit will actually start to diverge pretty soon. All these applications kind of look the same because they all generate a website. But when you talk to developers that are using Replit, often people moved from the other platforms, and they're saying that, yeah, I mean these tools got me a pretty website pretty quickly, but you know, a month in I'm just blocked. I can't manage my database. I want a place to do storage for my files. Replit ships with a database, has an object storage component, has authentication component. Like I know you're trying to set up Google authentication, but you can also ask the agent to implement Replit authentication. We have a built-in authentication system. We built up this massive amount of infrastructure, and within the next 6 months to 12 months I think it'll be really obvious how Replit differentiates.

Marina Mogilko: Have you seen any big mistakes that people make when building something with Replit? Because I know a lot of entrepreneurs are looking and they're probably like, okay, I'll build an app, but what's next? Like, any tips for marketing or any lessons that you've seen along the way? First of all, what we talked about with prompting—overcommunicate. Overcommunicate. Be resourceful. The Replit environment gives you a lot of tools like the logs and things like that. Try to overcommunicate with the agent. I think that's the first tip that I would give, even if you don't want to learn prompt engineering, just be overcommunicative.

Amjad Masad: And then on marketing, I think that's the next big bottleneck for entrepreneurs, right? Let's say building a product becomes easier and easier and easier. How do you go get it to market and communicate your value proposition? All of that.

Marina Mogilko: Exactly. And like, why would someone buy something like this if they can just go to Replit and vibe code the same thing, right?

Amjad Masad: Yeah. There's definitely marketing is a big part of the answer. But also, like I said, domain knowledge that you have. Like just think about the things that you know, deep in your heart of hearts, that not many people in the world know. And the other thing is, like I said, grit. Like, just not quitting after six hours is very differentiating, actually. Most people just quit. And so just keep going and not quit. Like, I've been building this business for 10 years. Before that, back in Jordan, I had this idea when I was 22 and I started working on it. Actually, there was an open source project called Replit back in 2010, and I just didn't quit. I knew this was kind of big. I still know it's going to be a trillion dollar company at some point in the future. Right now we're like a

billion company, which is still huge.

Marina Mogilko: It's amazing. Yeah. Congratulations.

Amjad Masad: Thank you. But it's just not quitting. I think a big part of it—I mean, you know, people talk about it all the time. Just show up every day.

Marina Mogilko: Yeah.

Amjad Masad: Just showing up is a big differentiator. Most people don't. You know, it's things are hard and life is full of easy things. Like, you know, you can spend four hours on TikTok and be endlessly entertained, right? So on marketing, there are a few things I could say. One is launch, launch, launch. Just keep launching. Go launch. Iterate. Or even the same product, make another tweak. Another tweak. Show it in a different way. Iterate on your messaging. Do another video. Try to reach out to influencers to partner with them.

Marina Mogilko: Podcast. I launched it three or four different times with different messaging and different things.

Amjad Masad: Interesting. So the first three times didn't work?

Marina Mogilko: The first few times it didn't work. I think when we got on Hacker News the first time, it was when I said you can try all these different languages and I listed the languages. Try Python, Ruby. That was before AI. And that was a hit because of the title change. And so again, it's grit, relentless resourcefulness, and just iteration, iteration, iteration.

Amjad Masad: Okay. What are your top three favorite AI apps?

Marina Mogilko: Of course...

Amjad Masad: Yeah, we'll leave that aside. Perplexity. You know, I just like going to Google and spending five minutes clicking on links. I can just get it really fast with Perplexity. I like to do deep research with Perplexity. So that's something I can't live without. ChatGPT. I go to Perplexity when it's like more research. I want something from the web. ChatGPT when I'm brainstorming and Claude and the other ones too. Let's see.

Marina Mogilko: Give me something specific. Like, I know for a specific problem, if you use anything maybe build your own AI agents? Like naming, naming products.

Amjad Masad: Nameless or what do you use?

Marina Mogilko: No, I use ChatGPT. Oh, are you using I like to prompt, right? I like to kind of start differently.

Amjad Masad: This is how you build differently because you like prompting. So you just use ChatGPT for basically anything because you can prompt it.

Marina Mogilko: No, I sometimes build Replit apps as well for certain things.

Amjad Masad: Oh, what did you build for yourself?

Marina Mogilko: Well, recently, do you know Kindle Scribe?

Amjad Masad: So you know Amazon's new notebook thing? It has a web browser. And sometimes I don't want to use my phone. My phone's somewhere else. I'm on my Kindle reading. I want to look something up. I try to open ChatGPT. It actually doesn't render because the e-ink browser kind of is like a very old school browser. So I built a ChatGPT that doesn't have any JavaScript. That's very cool. And it took like an hour with Replit to build. So I'm often spinning up these small tools. Anytime I find a problem, that's the thing about Replit—it becomes addictive once you know that you can make certain pieces of software. You'll immediately see a problem. It's like, "Oh, that's shaped like a problem I could solve."

Marina Mogilko: Yeah. You mentioned hard moments. Talk to me about the hardest moment building this.

Amjad Masad: Oh man. I mean, there's a bit of recency bias to this, but last year we did a layoff. And Replit culture—you'll get it from walking around—is very positive. People really like each other here. You ask a lot of people why you're here. Some will tell you the technology, the mission. A lot of people will tell you the people. They really enjoy working with the people. And so it was very heartbreaking to have to cut the team because the business wasn't doing well before we launched Replit agents. We were in this very awkward place—that's a marketing observation—where we weren't good enough for the senior engineer, and we weren't good enough for people like you. It wasn't easy enough. We're in the middle. So you learn how to code, use Replit, but then you graduate off of it. And so we had to add more platform features like all the databases and things we added, but also we had to make it easier so we can have access to a larger group of people such as yourself.

But at the time we had 130 employees and were burning money like crazy. And we had to lay off the team. And we had just actually come to this office, and this office is huge because I was so optimistic about our future. I knew that AI is going to be really big. I knew we're building the right thing, but we came here, we were burning all this money, and then we just had to do the layoff. And we cut 30, 40% of the team.

Marina Mogilko: But then a lot of people started leaving because well, the office is like empty. It was like really dark place.

Amjad Masad: Was that when you were making like 2 million a year revenue? 2024. Last year?

Marina Mogilko: Last year. And you walk around here, it's very gloomy. No, no one's really happy. I used to come here. I was like, I can't wait to go home.

Amjad Masad: Wow.

Marina Mogilko: And I think anyone, most people in our place at the time would just call it quits and try to sell a company and do something like that. But instead, the people that are working on agents—we motivated them. We told them, "This is what we think is going to work." And we told them, "Look, if this doesn't work, there's no future, and we have to make this work." And so the core team that was working on an agent—everyone stayed and worked 12, 14 hour days.

Amjad Masad: And you got to 144 million.

Marina Mogilko: Yes. In less than a year.

Amjad Masad: I heard this story that Peter Thiel passed on investing, but then you sent him your graph. Did he ever reply?

Marina Mogilko: He didn't reply. Never. Peter Thiel invested in our Series B round in 2021. But then I went to pitch him in 2022 or 2023, just before ChatGPT. I was trying to tell him, "Hey, AI is very important. It's going to change the nature of coding and programming." And he said, you know, Peter is very skeptical of buzzwords. He's known to be a contrarian. So he doesn't like anything that's popular. And so he was like, "When you're saying AI, it's meaningless. It's almost like saying computers." You know, "Don't come here with these buzzwords," and he basically said I was just engaging in hype. You know, we had raised at a big valuation. I'm trying to justify that valuation. And the entire meeting, I'm trying to tell him, "Hey, just look at the demo," and he wouldn't look at the demo. And then I remember four months later I saw him on TV talking about ChatGPT and saying, "Oh, it's actually a fundamental innovation." I was like, "I tried to tell you."

Amjad Masad: You told him.

Marina Mogilko: And you know, to his credit, he changed his opinion. And they—in Founders Fund—invested a big amount in Cognition, which is another agent coding company. But I did send him an email saying, after they invested in Cognition, and told him, "Well, you know, I have a lot of respect for you, and that conversation was actually very hard to take in because I felt like I was doing something wrong." But I hope you can see that at that moment I saw the future of where things were headed.

Amjad Masad: And I'm glad you pushed further and built whatever you built, right? Because it's so demotivating to hear things like that from people who are super respected and super smart.

Marina Mogilko: Exactly. It's both demotivating but can be motivating. It's about how you frame it, right? I've become one where I'm actually more motivated to prove people, doubters, wrong. Haters, doubters...

Amjad Masad: Transform that energy into changing the world.

Marina Mogilko: It's like there's nothing better than having a lot of doubters and people naysayers and actually proving them wrong. It's a great feeling, and I recommend it to everyone. I wish for all the entrepreneurs—I wish that you're going to have a lot of doubters because then when you succeed, that's when the feeling comes in.

Amjad Masad: Yes. I mean, if you talk to a lot of entrepreneurs and you say, "What is meaningful about your life?" What do they say? The money is cool. You