Tim Suzman @TimSuzman
Managing Partner of Pioneer Fund. We are 500+ Y Combinator alumni investing in the top YC startups. YC S11. pioneerfund.vc San Francisco, CA Joined June 2015-
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10x a year for 3 years? I've seen a lot of growth, and that is truly exceptional. It's not unusual for startups to grow 10x in a year, but to keep it up for 3 years is close to unheard of. That's 1000x.
Exa just passed $100m in annualized revenue. We've grown almost exactly 10x per year for 3 years. We now handle 2 billion requests a month from 200k+ teams. And it’s still so early: We predict agents will search 1000x more than humans by 2030. Agents don't search like humans.
@TheIshanGoswami @WilliamBryk Absolutely wild.
This is insane. Exa grew 10x to $100M in revenue. svpost.com/articles/exa-1…
Exa just passed $100m in annualized revenue. We've grown almost exactly 10x per year for 3 years. We now handle 2 billion requests a month from 200k+ teams. And it’s still so early: We predict agents will search 1000x more than humans by 2030. Agents don't search like humans.
@jfudem Making new accounts, especially ones where I don’t want to use my primary emails.
@saranormous @mvernal Predicted this 3.5 years ago. x.com/timsuzman/stat…
Amazon won retail with One-Click Checkout. Amazon will lose retail to Zero-Click Checkout. Zero-Click Checkout: Tell the AI what you want. It shows you the best options, you choose, it orders it for you from the cheapest/fastest store.
@AshRust Hey opus can you make one of these tile things but with the pioneer logo and physically based sound? (More or less)
@HarryStebbings Investors love telling founders to raise less money at lower valuations.
@paulg @ycombinator And because they are growing so fast, the absolute y-axis on these startups is also very impressive.
@vivianmshen @bosmeny @ycombinator Congratulations @vivianmshen!
@lizwessel Robotics is here for the early stage!
@joshu True, some of the big lead funds get pushy.
Most of the replies are saying this is ok/normal behavior. They are all wrong. I’ve made over 1,000 investments and this behavior is totally unacceptable.
Someone introduced me to an investor that they thought I would connect with. After the meeting and the investor was really intersted, the person that connected us called me and said he wants 5% of the raise as an intro fee. That's insane, right?
@joshu I think they would invite you anyway!
@alexmedick There are tons of comments saying this is ok. They are all wrong. I’ve made over 1,000 investments and this is unacceptable.
@alexmedick Yes insane. This would be totally unacceptable behavior in the YC ecosystem.
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