The SaaS Revolution Show

Fireflies.ai's path to $1B valuation: How being "too early" to AI paid off


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Most AI companies launched after ChatGPT went viral in 2022. Fireflies.ai started in 2016 - years before the AI revolution began.
This week, Co-founder and CEO Krish Ramineni shares how he built a unicorn AI company with 80% organic growth.
Krish and Alex discuss:
- How being "too early" to AI became their biggest competitive advantage.
- Why they chose a PLG motion when sales-led was still the norm.
- Building AI products before LLMs existed and the products they can return to now the technology has caught up.
- Scaling to unicorn status with 80% organic growth and creating viral loops.
- The future beyond note-taking: AI teammates that attend meetings for you.
- How Krish manages his time while working seven days a week.
- Advice for founders navigating the AI bubble.
Guest links:
LinkedIn - https://www.linkedin.com/in/krishramineni/
Website - https://fireflies.ai/
References:
SaaStock YouTube - https://www.youtube.com/@SaaStock
 
 
 
Check out the other ways SaaStock is helping SaaS founders move their
business forward: 
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Book tickets: https://saastock-europe.com/tickets/
🇺🇸 SaaStock USA 2025: April 2026 | Austin, Texas
Book tickets: https://saastock-usa.com/
🤝 SaaStock Founder Membership: A private members group of B2B SaaS
founders between $100K - $10M ARR who are committed to growth and
helping others (https://www.saastock.com/founder-membership/)
🌎 SaaStock Local: Monthly meet-ups in cities all around the world,
bringing together SaaS enthusiasts and experts to discuss the most
pressing topics in SaaS (https://local.saastock.com/home)
...more
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The SaaS Revolution ShowBy The SaaS Revolution Show, Alex Theuma

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