
Clips by Clipit
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Clips by Clipit
@ClipitClips
Clips page for @clipitdev This page is a library of clips created with our agent skills plugin. Optimize your X content today (link in bio)



ElevenLabs reached $600 million in revenue with 600 employees, and every member of its original 10-person team is still at the company. “We started the company in 2022. The first year was all about building the research and the product to really kick-start the work.” “We built the first text-to-speech model that finally could sound human and released it at the beginning of 2023. Then it took us roughly 20 months to get to the first $100 million in ARR, roughly 10 months to get to $200 million, five months to get to $300 million, and that’s how we closed the end of last year. Now we are at $600 million.” “We have 600 people today, so also very quick growth on the people side. As a company, we combine research and product. We are building a communication platform for AI.” “On the research side, this includes everything across audio: generating speech, transcribing speech, and orchestrating speech for interactions.” “On the product side, this is how we can complete the entirety of the customer journey, from marketing, creating assets, and localizing them internationally, through customer support with voice agents, to how voice agents can help in operations, training, and sales.” “From the first 10 people, we had zero attrition. Everybody is still at the company from that core research and engineering talent.” FT @ElevenLabs @theallinpod @Jason @mati


A $1 million startup replaced its corporate lawyer with ChatGPT. The bigger story is AI coming for legal’s $1 trillion services market. “They had closed multiple rounds of funding, had a couple dozen employees, and they didn’t have a corporate lawyer.” “I said, ‘Somebody should review the contracts.’ They were like, ‘ChatGPT, bruh.’” “What about the cap table? ‘ChatGPT, bruh.’ And HR? ‘Same thing, bruh.’” “Legal services is a trillion dollars every year. Software spending in legal technology is about $40 billion. That means it’s 4% software and 96% services, which is bananas.” “We acquired four businesses so far this year. We did the diligence in-house with our own tool, and the fastest transaction was 12 days from LOI to closing.” “Your incentive is to close it as quickly as possible. Their incentive, even if they don’t say it explicitly, is to drag it out.” FT @theallinpod @Jason @MaxJunestrand @WeAreLegora








On the play that led to England's equalizer, the ball hit the FIFA sky cam before the goal.



The @RiskOnPod thinks solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump could reunite Solana’s entire attention economy. “I have actually taken money out of my bank account and allocated it to crypto for the first time in a really long time. I wired even more money yesterday. All I’m doing is buying Ansem.” “I feel like this is a free trade. There are too many people with too much at stake for it not to work.” “It’s bringing the gang back together who bull-posted BONK and WIF. It’s bringing the WIF money, the BONK money and the Solana OG money together in one place.” “No matter what your feelings are about Ansem, if you believe in Solana, you should want this token to do well.” FT @SolSwizzle @notanicecat69 @satsdats @fomo @blknoiz06



Jason Calacanis thinks OpenAI keeps turning potential partners into enemies. Elon, Apple, The New York Times: he argues each lawsuit could have been avoided with a better deal. “In all of those cases, those could have been partnerships.” “He could have had a partnership with The New York Times. All he has to do is say, ‘We want you to be our primary partnership.’” “We’ll give you $1 billion in equity, and we’ll do a 10-year deal for $100 million a year.” “Just buy your way out of it and tell The New York Times they’ll be the only one getting this deal.” “As part of getting this deal, we just want you to encourage other people to license their content to us.” “Let’s just assume that you’re going to win the lawsuit, and you’re going to win a couple hundred million.” “Let’s cut to the chase. How do we win together?” FT @Jason @twistartups @Lons


Ansem thinks managing your own money will become unavoidable over the next decade. “I think the process of managing your own money is going to shift way, way, way more back to the individual, rather than pushing that onto other people to do for you.” “One reason is because people are going to be forced to. It’s like, ‘How do I become more efficient at scaling up my savings?’” “The other reason is that we’re shifting away from trusting these big corporate institutions and back toward the individual.” “You can see it in how marketing works now. Content creators with large online followings do much better with marketing than big companies do with their regular advertisements.” “The individual is a big narrative shift that’s happening.” FT @blknoiz06


Credible found product-market fit by turning its trade-finance infrastructure into a Stripe for unconventional cross-border payments. “While we were still looking for the Eureka moment, the primary use case for the platform, the product-market fit, we came across a remittance app based out of San Francisco.” “They asked if we could help them doing payment financing and also do settlement in Asia.” “That’s when we actually made our first product pivot where we said, instead of trade finance, we can do payment financing, which is shorter, maximum three days credit. And also, we can do off-ramp for them.” “We onboarded another four remittance apps, then a couple of MTOs, and then we thought, why don’t we just become a full-blown PSP and not just focus on being remittance infrastructure?” “Right now, we have a customer base which is pretty diverse. Forty percent is remittance, thirty percent is creator payout, and fifteen percent is entertainment and gaming.” “Credible is more like Stripe, but we are focused on unconventional use cases and cross-border use cases.” “You want to collect payment from someone in Asia or emerging markets, or you want to pay someone in emerging markets, we make it happen.” “Not just make it happen, we make it happen in seconds because we front the liquidity. We underwrite the risk.” “Now we use that underwriting module to underwrite the transaction-level risk and front the liquidity from the DeFi pool to settle it instantly with the merchants.” FT @crediblefin @ownershipfm @8bitpenis @NiceGuyShri

Ownership Podcast S1 E11: Shrii (@Crediblefin) "From trade finance to the open payments stack" 00:00 Intro 00:51 Shri's background: 14 years in payments 05:24 The pivot to payment financing 07:56 Why raise on MetaDAO 11:04 Futarchy and decision markets 12:53 What Credible does 16:24 Why Stripe can't build this 19:56 The open payment stack 26:30 Compliance and the CeDeFi structure 30:16 Creator payments and micropayments Hosted by @8bitpenis Produced by @BlockformerLLC Powered by @MetaDAOProject & @UmbraPrivacy

