The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Scaling to $1BN+ in Revenue with No Funding: Surge AI | The Most Insane Scaling Story in Tech |


Listen Later

Edwin Chen is the Founder and CEO of Surge. Founded in 2020, Surge has scaled to $1BN+ in revenue with zero external funding. At the same time, their competitor, Scale.ai raised over $1.3BN to reach $850M ARR. Today, Surge have the world's largest model providers as customers and have just 120 employees.

Agenda:

00:00 — "Everyone Else Is Just a Body Shop" — Edwin Calls Out the Whole Industry

01:05 — Why 90% of Big Tech Is Wasting Time on Useless Problems

03:45 — "I Don't Do 1-on-1s" — How Surge Kills Meetings and Still Moves 10x Faster

05:55 — Will a Single Person Build a $1B Company?

08:10 — 100x Engineers Are Real — Here's How to Spot Them

12:10 — Why Most PhDs Are Useless in AI Training

14:20 — Built to a Billion With Zero VC — Edwin Explains How and Why

17:00 — "No Sales Team, No PR, No BS" — Why Surge Stays in the Shadows

21:15 — The Real Reason AGI Might Take Until 2040

24:45 — Will Synthetic Data Kill Human Labelling?

29:00 — "Academic Benchmarks Are a Scam"

31:05 — Why the Real Bottleneck in AI Isn't Compute or Models — It's THIS

33:00 — What Every AI Company Should Be Asking (But Isn't)

35:15 — "No, I Wouldn't Sell Surge for $100B"

39:00 — Is the Application Layer Doomed? Edwin Predicts the Future of AI Startups

46:30 — Have the Leading Foundation Models Already Been Founded?

48:10 — AGI Could Be Dangerous — And Most People Are Ignoring Why

20VC: Scaling to $1BN+ in Revenue with No Funding: Surge AI | The Most Insane Scaling Story in Tech |

...more
View all episodesView all episodes
Download on the App Store

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The PitchBy Harry Stebbings

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

490 ratings


More shows like The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,290 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

171 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,101 Listeners

Founders by David Senra

Founders

2,128 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

236 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,897 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

133 Listeners

The Ben & Marc Show by Marc Andreessen, Ben Horowitz

The Ben & Marc Show

118 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

516 Listeners

AI + a16z by a16z

AI + a16z

35 Listeners

Lightcone Podcast by Y Combinator

Lightcone Podcast

22 Listeners

Training Data by Sequoia Capital

Training Data

37 Listeners

Uncapped with Jack Altman by Alt Capital

Uncapped with Jack Altman

41 Listeners

Sourcery by Sourcery with Molly O'Shea

Sourcery

1 Listeners

Cheeky Pint by Stripe

Cheeky Pint

44 Listeners