Latest / AI for Founders with Ryan Estes / He Built 10 AI Companies in 12 Months - With Teams of Five
Transcript
- 0:00Welcome back to AI for Founders. I'm Ryan Estes.
- 0:02There's a problem simmering under the surface of the AI boom
- 0:06that nobody wants to say out loud.
- 0:08The tech is evolving faster than founders can keep up with, and
- 0:11the tools we rely on keep regressing.
- 0:13Back to kindergarten. One month Perplexity is
- 0:16brilliant, the next it's recommending Arby's.
- 0:19One day GPT is your super genius copilot, the next you're bottle
- 0:23feeding. It's simple math and just when
- 0:25you think you finally know which LLM to trust, Gemini 3 launches
- 0:28and it resets this entire scoreboard.
- 0:31Wait, I kind of like Arby's. Is that bad?
- 0:33Today's guest has lived inside the chaos and built a business
- 0:36on top of the turbulence. I'm talking to Brennan, the CEO
- 0:40of Infinity Constellation, the world's first AI holding company
- 0:44that's already deployed 10 plus companies, raised 17,000,000,
- 0:48and pushed multiple ventures past the 1,000,000 ARR in their
- 0:52first year, often with teams of fewer than five people.
- 0:55In this episode, you'll learn why tech mode is collapsing and
- 0:59what replaces it. The new math of good headcount
- 1:01versus bad headcount. How to sell comes instead of
- 1:04tools, why founder LED distribution is more powerful
- 1:07than ever, and what a true AI first service business actually
- 1:12looks like in the wild. This conversation is for
- 1:14founders building right now, especially if you're wondering
- 1:17how to keep your edge while AI moves faster than your ability
- 1:20to form an opinion about it. Now let's get into it.
- 1:23But first, if you like conversations that make your
- 1:25near on Sprint, your worldview expand, and your business road
- 1:29map catch on fire, then you'll want to subscribe to the
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- 1:45That's the newsletter at AI for founders.co.
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- 3:08All right, Brennan, welcome to the show.
- 3:12Thank you for having me. So excited that you're here.
- 3:14You know, I know we're going to have a great conversation.
- 3:17Just to kind of timestamp this for folks, we just had the
- 3:20release of Gemini 3. Have you had a chance to play
- 3:23with it at all? I literally have it sitting in
- 3:26my in my to do task to do tonight.
- 3:29I'm so excited. Yeah, me too.
- 3:31You know, that. I guess it's like resetting all
- 3:33the benchmarks. You know, I spent a couple of
- 3:35hours with it just kind of, you know, testing it on the Estes
- 3:38benchmarks and it seems pretty slick, you know, it, it's it's
- 3:43so interesting that like, you know, well, for one, I'm kind of
- 3:47annoyed how many subscriptions I have to LLMS at this point.
- 3:50But like you just got it feel around for the best one.
- 3:54Like when you're thinking about advantages that certain LLMS
- 3:58have, certainly Google is really positioned to win this kind of
- 4:04race. If there is a LLM race right
- 4:06now, maybe just to open up the conversation, what are what are
- 4:09the LLMS you're using and for what right now?
- 4:13So we use all. I literally use all of them.
- 4:17Yeah. So like I actually love Grok
- 4:20because of all the Twitter data and so socially I use Grok and
- 4:24it has really updated information around news Gemini I
- 4:29I use within my doc ecosystem for Google Docs and board
- 4:33materials because because you can drag and drop Google Sheets
- 4:36and they're really easy. I use clawed across both like
- 4:42personal, like, I don't know. I really love the product
- 4:44experience of Claude, so I use that as well.
- 4:47And then the one that's dropped off in the last month for me has
- 4:49been Perplexity. But I don't like push them out.
- 4:52Yeah. Like, like, honestly, all the
- 4:53other LO Ms. have gotten better search functionality.
- 4:56Yeah. And they actually give me.
- 4:59I've noticed that perplexity has gone more into marketing.
- 5:02It's all asked like, where should I stay?
- 5:04That's like a cool hotel. And it used to give me a really
- 5:06cool response and now it's giving me like at Hilton or like
- 5:09just something that you could just tell there's like SEO in
- 5:11there. And then, yeah, I'm still like,
- 5:15I'm still using GPT. But if Gemini's coming in and
- 5:18knocking this out, their trading data set is, is just so good
- 5:22across documents, e-mail and video that I, I think that
- 5:26they're, you know, and they've got the distribution built in.
- 5:29I think that they're, they're definitely a very a dangerous
- 5:34incumbent in the space. I guess if you could call them
- 5:36that. And then if you look
- 5:37financially, they're the price to earnings multiple of Google
- 5:41is is probably like much better and more stable than you know,
- 5:45you could get for GP TS than open a eyes valuation.
- 5:48So both of those juxtapose. I think that's kind of Sam.
- 5:51There was an e-mail leaked from Sam Altman saying like, Hey,
- 5:54we're in war mode. We got to get after these guys.
- 5:56But I I think Sam's quite the entrepreneur.
- 5:59So I don't think anyone's ever out in this race.
- 6:02Yeah, you can't count them out. It's like I've been looking for,
- 6:05I know there's some products that kind of aggregate and you
- 6:07can just like kind of toggle through because it, it seems
- 6:11like the LLMS to me is like you kind of when I get irritated or
- 6:15frustrated with them, I'll put baby in the corner, you know,
- 6:18and, and usually that's because it feels like if, if you're
- 6:22training them on certain data sets or you're training them on
- 6:24certain tasks, I kind of expect a linear evolution, you know, so
- 6:29it's like you got to take them to kindergarten.
- 6:31And if they're in kindergarten, OK, we're going to take a nap,
- 6:33I'm going to give you a snack. And then you go on to primary
- 6:36school. You're in middle school.
- 6:37Once I get kind of like either as an agent or just an LLM kind
- 6:42of program that's in high school, I'm like, OK, cool,
- 6:44we're here. But when it, it reversed, and
- 6:46that's kind of what I saw with perplexity 2 in the last couple
- 6:48of weeks is it was reverting back to kindergarten.
- 6:51It's like, man, that's so irritating.
- 6:54I think they're trying to monetize like that's why,
- 6:57because it used to be really good because they'll give you
- 6:59these really unique takes and then the data wasn't updated in
- 7:02Open AI to then to give you as good as takes.
- 7:05Now I think between Grok, like all of them sort of have very
- 7:09good access to web data. So yeah, well, I mean, Grok has
- 7:14an unbelievable data set. Google obviously has an
- 7:17unbelievable data set. Everybody else is kind of
- 7:20scraping what they can in real time since everything has kind
- 7:23of been digested, you know, So it's it's fascinating that like,
- 7:27you know, the, the currency for these models is always going to
- 7:30be new fresh content. And of course, you know, podcast
- 7:34is a big part of that. They're all, you know,
- 7:36transcribing podcasts all the time and everything that's
- 7:39coming out. But the volume and the, the
- 7:42history that like Grok and Google have obviously just like
- 7:45such an advantage. I mean, just to the point where
- 7:48it was like, you know, Elon was kind of the butt of a joke for a
- 7:51while for how much he paid for for Twitter.
- 7:54Then of course he came out with like 80% of the traffic, saw
- 7:56bots by his own, you know, So it's like, Oh my gosh, he
- 7:59overpaid. But then now it's like.
- 8:03But Reddit, Reddit kind of messed up doing a deal with open
- 8:06AI. So like most of open A is
- 8:08training data was Reddit data, allegedly.
- 8:10And Alexis Ohanian was talking the other week being like, man,
- 8:13we shouldn't have done this deal because they could have, they
- 8:17could have had their own research lab and studio and and
- 8:21did it. Not only that, but wasn't it
- 8:23like a? It was like almost nothing.
- 8:25It was like I think 60 million or something like that.
- 8:29Yeah. I mean, not that it's nothing,
- 8:31but if you, I mean in comparison, it's yeah, it's
- 8:35interesting. Here's the thing.
- 8:36Here's the thing that I don't think that I didn't really rock,
- 8:40no pun intended, about Elon Musk and XAI is that he has such a
- 8:45competitive advantage with manufacturing and hardware and
- 8:48compute and data centers are such a key component to speed as
- 8:53well as accuracy on the AI models.
- 8:56I don't know if you've used super Grok.
- 8:57I use all the highest levels of all the models because I'm
- 8:59always like testing them. Super Grok right now is so fast
- 9:03for like what you get and and just like the there's like
- 9:05almost no latency where as like OAI, you're like chewing it and
- 9:11it and like, and I think that there's going to start to be a
- 9:13competitive advantage and people who can build and launch these
- 9:17data centers in a really fast order.
- 9:19And I did you see that there was a XAI was suing a guy that left
- 9:25XAI and apparently took their proprietary like methodology of
- 9:29how to build these data centers and then went to open AI.
- 9:32So like that's a whole other like angle behind this thing.
- 9:35Hilarious. I mean, this seems like the
- 9:37defense would be like, well, how many people did you poach from
- 9:39open AI, including Elon, right? I mean, yeah, it's all it.
- 9:47I think it's all circular though.
- 9:48It's like poach and then you poach back and it goes back and
- 9:52told us like the dot coms where they were all like the web
- 9:54browsers were stealing people from each other.
- 9:57Yeah, I know. But now you have like free
- 10:00agency contracts. It's like you're, it's like the
- 10:02NBA. And if you're a senior AI
- 10:05developer. I, I went into the wrong I, I
- 10:09did econometrics and I should have, I should have studied.
- 10:13He went more into mathematics and did advanced AI and then
- 10:17just rode that out until I could get my $100 million deal.
- 10:21Exactly where they just keep you on the bench for 100 million
- 10:24because they're like, God, we don't want to deploy this guy
- 10:26yet. So you're just chilling in Fiji?
- 10:28Well. What's crazy is most of these
- 10:30guys, like, I think there's a real risk to our educational
- 10:34system in the US because a lot of them are from different like
- 10:37countries, right? And that, that have stronger
- 10:39mathematics backgrounds. I I don't know how many are
- 10:43products of the US high school math system, but I think, I
- 10:49think not many. Totally agree.
- 10:51You know, and also you, you think about the States and you
- 10:54know, having two kids in high school during COVID, you know,
- 10:57like just the, the, the really huge set back that was for, I
- 11:00mean, it's like a four year kind of loss, you know, at least in
- 11:05the states. I'm sure it was, it was probably
- 11:08similar, but I don't, I don't think in quite the same way.
- 11:11You know, it's interesting to see, you know, my daughter's a
- 11:13freshman in college and my son's a junior in high school of like
- 11:16how they use these tools. And the problem is, is I, I
- 11:19wouldn't go as far as to say cheating.
- 11:21I don't think they would either. But it, it's more like the
- 11:24educational system isn't built for this right now.
- 11:27There's obviously so much potential to be able to use
- 11:30these two tools to further your education.
- 11:32But it, it, it can be very simplified to like, here's the
- 11:35right answers on, on the test, here's the right answers.
- 11:38So there's not a lot of critical thinking behind it.
- 11:40You know, I think it will catch up and education is going to
- 11:43change radically like everything else.
- 11:45But right now, these kids are kind of lost in the limbo, you
- 11:48know? I also think that it's an
- 11:50incentive structure design problem for from like decades
- 11:55and decades ago. So there's this really cool
- 11:58industrial art or like industrial product museum in
- 12:01Berlin and the guys like from East Berlin.
- 12:05And he compares medical tools and industrial equipment from
- 12:08the Soviet Union compared to the United States.
- 12:11And in the Soviet Union, allegedly, there is not even the
- 12:14concept of an iron lung because only in the US could that have
- 12:18been developed where like so much effort and energy and time
- 12:22went into saving one life versus the technologies.
- 12:25And the center was so much more about the whole collective.
- 12:28And I think that's one thing, you know, popping back that this
- 12:32story made me think a lot about our educational system where I
- 12:35think our incentive system is so much focused on how many
- 12:38students can we advance to the next level.
- 12:40Not does Brennan understand super advanced calculus?
- 12:45And if he doesn't, how can we like teach him that in the
- 12:48correct way? Like even for me, I had
- 12:50different learning disabilities that I didn't figure out about
- 12:52until I was 30 plus. And if, if my educational system
- 12:57would have identified that sooner, I might have been doing
- 13:00like algebra and physics and been a lot better at a lot of
- 13:03the stuff that it took me until I was in my, my late 20s in my
- 13:06grad program to sort of early 20s in my grad program to, to
- 13:11really step in to, to, you know, like black Shoals modeling and
- 13:14different financial modeling that I think it's really fun.
- 13:17And man, if I could have figured that out at 16, I think I would,
- 13:20have, you know, been way more into mathematics.
- 13:22Interesting. Do you think that with that kind
- 13:26of system and that makes sense why, you know, China, India like
- 13:30excel on the edges of the means in these kind of like high level
- 13:35mathematics, largely because it's kind of how statistics
- 13:37work, right? Like if you're plugging in with
- 13:39like a microscope on certain kids and like really investing
- 13:42in them, so you get the, the the extra on the outside, but then
- 13:46it leaves a lot of people in the middle, you know, Whereas in in
- 13:49America, it's like, to your point, it's like a lot of people
- 13:51in the middle are getting a lot of like liberal arts education,
- 13:55maybe appreciation for a lot of different things, more
- 13:57generalist kind of information. But we lack the like the the
- 14:01extremity at the end of the mean, except if you're talking
- 14:04about like sports and things and creative processes, you know,
- 14:08you, you think in like a system like that, you personally would
- 14:10have they would have found you be like, hey, this guy is going
- 14:13to be this. He's going to be, I think, math
- 14:16champion. I think I would have been
- 14:18screwed actually, like because I did.
- 14:21I was very much a late bloomer because I, I'm dyslexic, but
- 14:25didn't identify that. I've got chronic anxiety, didn't
- 14:28identify that until later. And so I think of those systems
- 14:32of anything they're like, not as understanding of those things.
- 14:34And by the way, like I do think liberal arts, like philosophies
- 14:37have like some of the highest index of billionaires, like
- 14:41deals of philosophy degree, like a lot of founders I know who do
- 14:44we have a philosophy company that's, that's an, a plug.
- 14:47We, we basically digitized all the classics that's open source
- 14:51and then put an AI agent that teaches you the classics over
- 14:54it. And it's called the Library of
- 14:55Alexandria and the AI is called Virgil.
- 14:58And you could read like Marcus Aurelius and ask it questions
- 15:01about like the context of, you know, his memoirs.
- 15:04And, and it's really, it's a really neat thing.
- 15:06So I think critical learning and focus and emphasis on learning
- 15:09across any subject is really good.
- 15:11I think where there's probably a couple things that are that our
- 15:15system just is different. And the first is the incentive
- 15:18design where it's like, how many kids can we get to graduate to
- 15:20the next level? And that goes all the way
- 15:22through college. Like look at even at Harvard,
- 15:24their average median grade has gone up and up and up.
- 15:28And so like, how is that competitive?
- 15:30And then the other end is when I was in India, I was there with
- 15:34the Rotary and the Gates Foundation getting polio
- 15:36vaccinations. And we'd go into like classrooms
- 15:39to talk to the kids and every single one of the kids are like,
- 15:41I want to be a doctor, an engineer or it was basically
- 15:46like doctor, engineer. And so I think in other
- 15:48cultures, there's just a, a big emphasis on the parents on
- 15:52certain professions where is like, you know, what do if you,
- 15:56if I, if I went into a classroom in the UI states, they're
- 15:58probably like, I want to be a singer or I would be an
- 16:00entertainer or I want to be a social media.
- 16:02And I think there are kids and people that want to be a
- 16:05scientist or, you know, an astronaut or that type of
- 16:08things. But I think culturally there's
- 16:10not as much of that in the media or is not as much pushing in our
- 16:15society for that. So I think it just creates
- 16:17different outcomes because if you're going to learn that level
- 16:20of mathematics to become an AI researcher, you have to really
- 16:23get after it and then have a propensity to it.
- 16:25And I think that that starts like pretty early.
- 16:28Like, I don't think that's something that I could pick up,
- 16:30even though I, I know pretty advanced statistics.
- 16:33I don't really know if you put if you put one of those advanced
- 16:36mathematics equations in front of me, you know I, I have a
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- 18:42stories. Yeah.
- 18:45Yeah. Well, you know, Asian countries
- 18:47are, you know, very famous for, you know, collective good before
- 18:51individuality, you know, and if you, you just look at the
- 18:54cultural milieu in America the last 10 years, it's been very,
- 18:59very focused on individual attributes of each person as
- 19:04being the defining characteristic, you know, so I
- 19:07guess that's just to say that like America's behind a little
- 19:10bit I. I mean, I think like we're a
- 19:14distributed system. So I think we're always behind
- 19:17until we're in front and we're the great experiment.
- 19:19And so there's some things that we excel at, like we're so good
- 19:22at being entrepreneurs. You look at like how many
- 19:26billion dollar companies have been created in the United
- 19:28States for the last 50 years? We dominate that.
- 19:31I think there's a big reason why AI like really was started here
- 19:35in a huge way and why a lot of people come from those countries
- 19:38to build here. And I think immigration is
- 19:41incredibly important, especially for, you know, just being the
- 19:45great experiment the United States is.
- 19:47And so, you know, I, I think that there's a lot of benefits
- 19:50that we have, but I would say super advanced mathematics does
- 19:53not appear to be, does not appear to be a strike in this
- 19:57moment. And not right now, but this is a
- 19:59good bridge to get to what you're doing in AI.
- 20:02Yeah, you're doing very, very exciting things.
- 20:04And I'll be it. It sounds like you had perhaps
- 20:07some potential setbacks in school.
- 20:08Boy, that hasn't stopped you at all.
- 20:10So thank you. I want to ask about your company
- 20:14because I know it's very novel and it's kind of a new path.
- 20:17So it's described as the first AI holding company.
- 20:21So talk a little bit about Infinity Constellation and what
- 20:24you guys are doing over there. Yeah.
- 20:27So Infinity essentially we created it because we looked at
- 20:30the $6 trillion economy that is the service economy worldwide.
- 20:34And so that's everything from like recruiting companies,
- 20:37design companies like IDO, Accenture, Mackenzie, Deloitte,
- 20:41etcetera. And they all are billion dollar
- 20:44companies that aren't really building their own tech or
- 20:46accruing tech value and they really haven't been disrupted in
- 20:50the last 200 years. And so that is the market.
- 20:54Then there's the other end of this, which is AI allows us for
- 20:57the first time ever to really sell to a customer an outcome
- 21:00rather than a tool. And I think even since the dot
- 21:03coms, we all wanted to buy outcomes from technology, but we
- 21:06sort of were forced to buy tools through SAS.
- 21:08And now with AI you can it's actually sold better as an
- 21:11outcome. And then the third pillar is it
- 21:13doesn't take $100 million to launch a company anymore.
- 21:16I've got 10 companies now under this holding company and many of
- 21:21them have gotten like over half have gotten above 1,000,000 ARR
- 21:26in, in the first year. And they've done that, many of
- 21:31them with less than $1,000,000 of capital.
- 21:34And so that just shows a crazy amount of capital efficiency in
- 21:36the underlying business with AI. So if you believe those three
- 21:39things like there's a huge market that can be disrupted,
- 21:42customers want to buy outcomes and now we don't need hundreds
- 21:44of millions of dollars to create those outcomes.
- 21:46You created the you basically look at what's the best vehicle
- 21:49to do that with. And I love Berkshire Hathaway,
- 21:53they're super long owners. They went out and bought
- 21:55companies like GEICO, they managed them well and they're
- 21:57all about picking the right CE OS and the right thing.
- 21:59So we're the same way, but we create the underlying companies
- 22:01and we find the repeat founder that wants to run them and we
- 22:04pair them with an applied AI person and we build it up from
- 22:06the ground up, basically trying to create challenger models to
- 22:09these old world businesses. So instead of like an idea, we
- 22:12go, we build Radiance, which is our design agency, or we have 0
- 22:16Hiring, which is our recruitment agency or Everest which offers
- 22:20EA support. And the, the secret to what we
- 22:24do is we take all the AI models that we build an orchestration
- 22:27layer, but we also put human and loop so that we can sell a full
- 22:30end outcome to all our customers.
- 22:32And most of our customers. Like we have, we some that are a
- 22:35bakery in Arizona. We have some that are, you know,
- 22:38$500 million reinsurance companies.
- 22:40We have shipping companies like it.
- 22:42It really is. I call it the 80% of the GDP
- 22:45that's not tech like we're really selling to traditional
- 22:48businesses that want that want better services that they
- 22:51haven't been able to have access before.
- 22:53And so our end goal is to keep launching these businesses and
- 22:55chipping away at these, you know, the the Roman Empire of,
- 23:01of professional services. Of it, it's so incredible and
- 23:05you know, the, the investing in founders and then attaching them
- 23:10to AI developers that can start to like, OK, you know, let's
- 23:14provide an outcome as a service. What, what is the kind of the,
- 23:19the bridge you got across there? Is this is this something that's
- 23:22intuitive to the founders you're working with?
- 23:24Are they already halfway there or you know, maybe what is kind
- 23:28of like, how do you convert them?
- 23:33I mean, the, the first step is I think we're so trained to try to
- 23:37build SAS as founders, we focus down on a tool.
- 23:41But you know, you play with a ton of AI, as do I.
- 23:44It's pretty the, the tech boat of all these SAS tools is
- 23:49collapsing. You know, there was a we, there
- 23:52was a company I know that built the marketplace and it took, I
- 23:56had three of the founders with me and we all agreed that normal
- 23:58marketplaces of that size took about two to three years and a
- 24:01team of about 10 to build this company built it with one
- 24:04engineer, 28 days and was carrying some of the similar
- 24:07volume. And so like that's an example I
- 24:08tell with investors because I'm like, I don't think a lot of us
- 24:11realize that actually the tech layer is no longer defensible in
- 24:14the same way that it once was. And so because that's the first
- 24:17thing that that I have to really talk to founders about is like,
- 24:20yeah, you want a tech advantage, but that's through a network
- 24:22effect or that's through a distribution advantage, the tech
- 24:27advantage itself and, and over building on R&D with 10s of
- 24:30millions of dollars before you sell to a client is, is old
- 24:33world and that just doesn't work.
- 24:35The second thing is I think a lot of founders, they we pick
- 24:39founders that have a propensity to sell, but you have to also be
- 24:42really comfortable in our line of work of managing humans and
- 24:46managing technology. And so those two together have
- 24:49to play nice and you have to be able to manage it.
- 24:51And when I start talking to founders, it's essentially like,
- 24:55do you want to build an AI? Yeah.
- 24:57And would you like to have a cash flowing business that you
- 24:59could expand and that your pound for pound more efficient than a
- 25:02billion dollar incumbent? So most start-ups fail because
- 25:05they don't find product market fit.
- 25:07Then the next reason they fail is Co founders.
- 25:09So I know a design agency as product market fit.
- 25:13It's actually not not incredibly hard to get product market fit
- 25:15and services. It's hard to execute the
- 25:17services and that's where we really come in as the natural Co
- 25:20founder with the founder. Credible, you know, there's and
- 25:25I like how you're you're making specific mention of managing
- 25:29technology and people. You know, there has been there
- 25:33was talk of like, hey, we're going to see our first ten man
- 25:35billion or Unicorn. We're going to see our first
- 25:38five person Unicorn. We're going to see a one person
- 25:41Unicorn where, you know, the, the, the weight of that just, I
- 25:46think probably for a lot of founders is there's like a, a
- 25:50brewing anxiety of like, I have too many people.
- 25:53I need to minimize people. But really at the end of the
- 25:56day, like you're going to have to rely on on people to be on
- 26:01your side, if for nothing else, because the robots just have a
- 26:04very, you know, shiny shoulder to cry on.
- 26:07It just doesn't, it doesn't feel good.
- 26:09So how do you like to balance or when you, when you're thinking
- 26:12about like how to balance technology and people, you know,
- 26:15founders that do it well, what do you look for?
- 26:18Yeah, I think that there's bad head count and good head count,
- 26:22bad head count and and this happens a lot and like let's
- 26:25call it pre 2023 companies where you go raise $100 million round
- 26:29and that would mostly go to head count and you'd be hiring like
- 26:32content marketing people, whatever.
- 26:34And like and and I remember at one point in time found funds
- 26:37were diligence in you on could you even Ryan, could Ryan even
- 26:41hire 100 people right now? Like do they know that many
- 26:43people in network? And that was a part of
- 26:46diligence. And I think that that's bad head
- 26:48count because it's really hard to raise 100 million and hurdle
- 26:52that to where a fund needs that to be hurdled.
- 26:55And so if you're out there, you're like, I don't know how to
- 26:57sell, but I'm gonna hire a sales person that's like that head
- 27:00count or you're like, I should do growth.
- 27:02So I'm gonna hire a head of growth.
- 27:04Doesn't make sense. Or even worse, my investor just
- 27:07doubled my round. I'm gonna go hire double the
- 27:09people I was going to to do the same thing.
- 27:12Good head count. I think I call it kind of like
- 27:16the elevator operator. So like the elevator worked, but
- 27:19we had elevator operators for a long time.
- 27:21Why? Because there's a trust curve.
- 27:22So even if you believe in AGI and I, I was listening to a
- 27:25really great podcast the other day where there was, you know,
- 27:29an AI safety expert on there and they were talking about what was
- 27:31going to happen by 2026 and 2036 and, and all the stuff with AI
- 27:36and, and they were, you know, they're saying, OK, at this
- 27:38point where like a bunch of us aren't going to have jobs and
- 27:40all this stuff. And I'm like, yeah, like, maybe
- 27:42from a technical perspective, we can keep increasing compute and
- 27:45energy to get this thing smarter and smarter and smarter and the
- 27:48software gets more efficient. But I think there's also this
- 27:51component of like, when is your mom going to go and be like, I
- 27:54completely trust this AI with all my banking info or I
- 27:56completely trust this AI to drives my car.
- 28:01And I think the tech will be there a lot sooner than my mom
- 28:04will trust those businesses. And that's just like any of us
- 28:07running our companies is like, you're going to want that
- 28:10elevator operator for a long time.
- 28:12Right now we're seeing the elevator operators do about 30%
- 28:16of the work, sometimes 10% of the work, but generally that's
- 28:18where they're at. But we're seeing that
- 28:20exponentially decrease. But the, the end, our end
- 28:24customers still want that really great designer.
- 28:27They still want that amazing EA. Like our EA business is not a
- 28:30tech only EA business with some people in the Philippines.
- 28:33It's like actually the best in class E as that we build an Iron
- 28:37Man suit of AI around to build to give you a great product.
- 28:40And so our product is placing that amazing EA with the right
- 28:45technology to deliver something to you.
- 28:47And so I think when there's the best humans involved with the
- 28:50best tech, that's the right headcount when I think it's,
- 28:53hey, let me just add double my my headcount size so I can like
- 28:57get to the next fundraising ground.
- 28:58Like that's really risky in this environment because most of
- 29:02those jobs like do you need a content marketer anymore?
- 29:05Do you need like junior accountants anymore?
- 29:07Like if you're, if you're going out and trying to build an old
- 29:09business pre 2023, I think you're going to have a hard time
- 29:12in the market. Yeah, I agree.
- 29:14I mean, what do they call it? Seed strapping now where?
- 29:17Yeah, you know, it used to be, oh, I raised a $10 million seed.
- 29:20I got to spend that in 18 months.
- 29:22That way I can raise my $25 million round, you know.
- 29:25So like there was, I suppose that was the correction, you
- 29:29know, after the big, you know, spike in hiring during COVID is
- 29:33that companies were like actually we were kind of
- 29:37bloated, honestly. And so they they all kind of
- 29:39paired back and now we're starting to see that that
- 29:41rebound now. But I'm still seeing this
- 29:44though, like I'm seeing people raise like $60 million rounds or
- 29:47$50 million rounds for like companies that are like, we're
- 29:50AI this or that. And I'm like, but then they're
- 29:52like posting all these roles online that for that the AI is
- 29:54supposed to do. And I'm like, I thought you
- 29:56didn't have Ford deployed engineers and then they're like
- 29:58hiring Ford deployed engineers. And I'm like, OK, that's, that's
- 30:02interesting to me. So like that's that's why for me
- 30:04and affinity, one of my key things is headcount pills
- 30:08because of I am promising my end customers AI first, we need to
- 30:13be AI 1st. And then I need that make that
- 30:15promise for investors. And I think investors are going
- 30:17to start getting really savvy to this in the next like 6 to 12
- 30:20months because I just don't think that that old playbook
- 30:23works. Yeah, Well, it's like a whole
- 30:25new playbook is emerging. You know, I mean, Sam Altman
- 30:27talks about that like this is the time for creators and idea
- 30:30people and, you know, for founders, you know, the
- 30:32listeners of this show, you know, it, it does become like,
- 30:35OK, if if my technology isn't defensible, what is?
- 30:39Well, it's me, you know, And it's like ultimately, like the
- 30:41personal distribution you have and your reputation becomes more
- 30:45powerful than ever. Or Joe, if you watch The Office,
- 30:49Michael Scott's like I could create 5 Michael Scott paper
- 30:52companies. I can create the next Michael
- 30:54Scott paper company. And that's always a joke I have
- 30:55with my wife who's a founder too.
- 30:56And I'm like, I'd create another bread and paper company like
- 30:59that's five. And I think if we can get to a
- 31:02point where we have, I'm even talking to some founders about
- 31:04building autonomous CE OS, where now think about this like you
- 31:09could be a founder managing a portfolio of autonomous CE OS
- 31:12and thinking about launching ideas and curating ideas.
- 31:15And so for me, I'm very optimistic about the future
- 31:18because as long as you can see an angle or see a problem and
- 31:22help design a solution to solve it, there's gonna be better and
- 31:25better ways to execute and manage that to degrees that
- 31:27we've never had before in our lives.
- 31:29Yeah, yeah, very, it's, it's interesting.
- 31:33Like as fast as things are, are getting faster, as fast things
- 31:37are getting faster. You know, there's a lot of
- 31:40friction and there's a lot of things slowing it down.
- 31:42So, you know, all the anxiety about like, oh, you know, AI is
- 31:48not going to take your jobs. Somebody who knows AI is going
- 31:50to take your jobs, which just means that they can go through
- 31:53like 17 points, A2 factor authentication to get the right
- 31:56apps connected just so that they can create a an agent to talk to
- 32:01the other agent. I mean, I, I don't know about
- 32:04you, but it I don't know if I've ever been more frustrated with
- 32:07tools right now, you know, we're we're yeah, go ahead.
- 32:11So I I. Mean I I think that that I share
- 32:13the same sentiment, but I think we need to have perspective on
- 32:16how early it is in in the game. Sure.
- 32:19And if like I was a little young, I still got my AOLCDS and
- 32:24got online and I was using the Internet then, but like the
- 32:27Internet now is so much different than the Internet
- 32:29then, but the promise stayed, stayed the same.
- 32:32And I think, you know, like think about APIs and, and all of
- 32:35that. And now we're just in this
- 32:37really early inning. And I think where we're going to
- 32:39get is really a different user experience.
- 32:42And so we're still building in some ways, even as, as
- 32:45entrepreneurs and builders in AI, we're building with an old
- 32:48user experience where in the future, I love watching like
- 32:51levels on Twitter, like vibe code or, you know, I think he
- 32:54was like building a video game. And I was like, this is
- 32:56incredible. And, and I think that like we're
- 32:58kind of got to get to that point where I'll just be able to be
- 33:00like at the gym and be like, Hey, give me like Minecraft, but
- 33:04with some guns like that sounds cool.
- 33:06And then it'll be and do it. And, and so I think the UX is
- 33:10actually changing. So like we're, we're frustrated.
- 33:12I aspire that like the the underlying US is in a shift and
- 33:17and my general sentiment is like, yeah, I feel the same way.
- 33:20But but the thing that I feel that I'm more scared about is
- 33:23let's say these things keep getting really smarter at an
- 33:25exponential rate. My total aggregate knowledge
- 33:28like let's say I'm 100% good at pythons, you know like or IA
- 33:33100% know cloud computing or I know I know mobile app
- 33:35development that the the evolution of those underlying
- 33:39technologies is like something we can comprehend now think
- 33:42about it's like if all the models themselves start driving
- 33:44new innovation and what's happening now is we have all
- 33:46these labs all over the world that are launching new
- 33:48frameworks new models. I just heard of a new one in
- 33:50China I need to check out. I don't know if you heard about
- 33:53like Kimi, like Kimi, but like, but like I need to check that
- 33:58out. And now I'm like, OK, my, my
- 33:59gross percentage knowledge of like what is most effective in
- 34:02AI is decreased because until I go and like figure that thing
- 34:05out. And so what's going to happen is
- 34:06I think exponentially that will just keep going down.
- 34:09And so like we kind of like on a percent total, like no less and
- 34:12less. Yeah, right.
- 34:16Yeah, you know, and I want to, I want to ask you about UI too,
- 34:20UIUX. Yeah, because you're seeing a
- 34:22lot of products. You're people are demoing stuff.
- 34:24You're, you're in the thick of it.
- 34:26I have this intuition right now for, for AI products that like
- 34:32typing sucks. I don't want to type.
- 34:35I want one button, 1 button to solve my problem, whatever it
- 34:38may be. And I just want the AI to run in
- 34:40the background like magic. I don't want it to slap me in
- 34:42the face. You know what I mean?
- 34:45What, what are you seeing that's like super effective and and
- 34:48maybe kind of like great for go to market, just great for
- 34:50getting like the users just hooked immediately as far as UI
- 34:55goes. So one of the one of my
- 34:58companies, I will say which one just so I can go more detail.
- 35:03They're they're targeting mid market businesses that don't
- 35:07really have full like dev teams, but they want access to AI and
- 35:13they want access to their data and knowledge.
- 35:15And the primary medium that the CEOs and the boards of these
- 35:18companies, and these are like pretty big businesses are is
- 35:21phone. So they'll call it up and it'll
- 35:23be like, hi, I'm Ryan. I am your, your CRO, your
- 35:28virtual CRO. What would you like to know?
- 35:31It's like, oh, like, hey, Ryan, like tell me about like, what
- 35:33are some deals on the pipeline? It's like, OK, these are, we
- 35:36have Burger King, Taco Bell and McDonald's in the pipeline.
- 35:39And by the way, like, OK, is there any problems?
- 35:41Oh, yeah, Taco Bell like didn't sign it's agreement.
- 35:44The team's having trouble with it.
- 35:45Oh, that sounds bad. Yeah.
- 35:47But like the team looks like they're on it because they just
- 35:49did this, this and this. And like we're seeing people
- 35:51interact that way like you would almost with like an actual
- 35:54employee. And that is what the thesis of
- 35:57one of our companies is. It's like we're actually
- 35:59targeting a whole different UX layer because we actually think
- 36:02like being on the computer and being on your mobile phone is,
- 36:05is probably an outdated modal to some degree.
- 36:09And so like that's one area of UX that I've seen that I'm
- 36:13seeing a lot of traction with. And then for me personally, I
- 36:17find myself like vibe coding over audio or not vibe coding,
- 36:20but like vibe prompting over audio to like Grok and everybody
- 36:25else because it's like, I'm like, OK, this is that this
- 36:27doesn't quite work or like change this, change that.
- 36:31I agree. You know, I invoice, I, I kind
- 36:33of toggle back and forth because usually I'm kind of embarrassed
- 36:37about what I'm like doing online.
- 36:40Not that it's like salacious or anything, but it's usually
- 36:43pretty weird, you know, like it like how much is a what was I
- 36:47looking up? Where can I buy 5 gallons of
- 36:50porcupine quills? You know what I mean?
- 36:52So like it's not something you want to say out loud
- 36:53necessarily. Like what the heck are you
- 36:55doing? Be like, I don't want to explain
- 36:56it, but you know, so I I'm really curious too, like how,
- 37:01you know, devices and things will start to be able to kind of
- 37:05hack short codes. You know, I just feel like
- 37:08there's something better than typing flat into a glowing
- 37:11rectangle. And like, you know, chat
- 37:13obviously was like the way to use LLMSI mean obviously,
- 37:17because openly I nailed it, but as it moves forward, it's like,
- 37:21OK, I can talk to it. Those are great.
- 37:22We've had several people that are utilizing kind of vote voice
- 37:27AI agents. We had, you know, VAPI was on
- 37:29the show and you know, so like that that really works,
- 37:32especially it when it's like a method that you're accustomed to
- 37:36is like using the phone or being on slack or like all the the
- 37:39have you. Seen what?
- 37:40Have you seen what, like Zuck? Zuck was on a podcast or doing
- 37:44an interview and he had the new Ray Bans on.
- 37:46But they have a neural basically like a neural strap.
- 37:50And you can like text like that. Yeah.
- 37:54And I, I like actually Raymans don't look good on me.
- 37:56So it's like, I wasn't planning on getting in, but I saw that
- 37:58and I was like, OK, I want to get that because it's like, I'm
- 38:01going to just be sitting here being like, like, I think that
- 38:04could be, that could be a very like interesting modal modality
- 38:08of like UIUX. And I, I think a lot of people
- 38:10in the ultra hype circles are, are going to be like, OK, you're
- 38:13going to get to a point. You're going to have like some
- 38:14sort of interface that just like you're to think it and it's
- 38:17going to go. And I'm like, that'd be cool.
- 38:19But you know, I think more practically voice or you know,
- 38:23that type of that type of thing. Yeah, exactly.
- 38:25Well the the inner Estes voice needs to be tempered by what I'm
- 38:29actually signaling it to do and go completely nuts.
- 38:33Would like order like a bag of Spears or something weird or
- 38:37like 10 lbs of marbles and be like brain yet you let me down
- 38:40again. You of course we really want all
- 38:44these marbles, but what are you going to do with these?
- 38:46Yeah, it's very interesting, so. I'm more curious about like
- 38:49where you can start to work as you exchanges, you know, like
- 38:53we're so like, think about like 1020 years ago, we were so into
- 38:58like cubicles and like at the office and whatever.
- 39:00And then like COVID happened and now we're like more Zoom culture
- 39:03at home and we're hybrid at home.
- 39:05And then I think like, the next wave will be, you know, imagine
- 39:08if you didn't need this desk or computer more than like once a
- 39:10week. You might be able to just like,
- 39:12be out with your child or like at the gym doing what you need
- 39:16to do or like on a walk, meditating and writing a memo,
- 39:19you know? And that well, and that's kind
- 39:21of the promise of these these agent swarms, right?
- 39:25It's the human in the loop becomes less and less like
- 39:29prescient and like it also because, you know, as you know,
- 39:33maybe the the best LL Ms. we got now are in high school and they
- 39:35still regress back to kindergarten.
- 39:38But once they're in college and once they, they got their pH DS
- 39:41and once they're definitely way smarter than me and I've got 100
- 39:44of them, you know, at my fingertips and they're
- 39:47preemptively understanding what the outcomes I'm going to want
- 39:50are that you, you get to more and more solutions like that
- 39:54where you're kind of just like you're in science fiction land,
- 39:57you know, but it, it's really interesting because right now
- 40:00that's being defined, you know, of like what, what are people
- 40:03willing to do? And like how, how can you
- 40:05control it? Not even the Internet, but like,
- 40:07you know, AI in a way that like is maybe more conducive
- 40:11ergonomically to your point. I mean, I, I think that like as
- 40:14like kind of. Pastoral apes, what we should be
- 40:17doing is probably walking about 5 or 6 miles a day and just kind
- 40:21of laying around, you know? I mean, I think where our
- 40:24highest value too is think of the network effect of your in
- 40:28person network. So that's like another company
- 40:30we have, but like it's another thesis that I'm I'm into, which
- 40:35is essentially it's like I'm focused on expanding my personal
- 40:38network. So just like social media for
- 40:39your private life, there's nothing that that like expands
- 40:42into your professional network to like LinkedIn, like didn't
- 40:45actually, if anything like erodes that because it's like
- 40:47all this like not great stuff on there.
- 40:50And so for me, I think this time we'll open up like you and I
- 40:53meeting and talking about stuff or like us getting a coffee or
- 40:57having dinner or like like that's where the creativity is
- 41:00going to happen and that's where there's going to be this huge
- 41:02network effect. And so I think that that more in
- 41:05person and more connectivity is actually like human to human
- 41:09connectivity is going to get more and more important.
- 41:11I totally agree. I think that actually like is, I
- 41:14mean, we are communal apes, you know, we should be kind of like
- 41:17picking bugs off each other and wrestling a little bit and
- 41:20stuff, you know, so for the best to, to bring out the best and
- 41:24what we're capable of from a production that just makes
- 41:27humans happier, you know, I mean, I'm very interested in
- 41:30that too. You know, I built a career in
- 41:32like, you know, founder LED marketing because, you know,
- 41:35one, I'm adamant that like, if you're really a founder CEO, you
- 41:39have to put the the the company on your back, otherwise you
- 41:42should give that title to somebody else.
- 41:44But I also think that like holistically it is, it's best
- 41:47for you, you know? And by the way, as a fun fact to
- 41:51that, every single one of our companies mirrors sort of like
- 41:56we saw what was happening with Alex Karp and Palantir and Alex
- 41:59Karp, if, if you're listers don't know, they handle, he
- 42:01handles 80% of Palantir steals. Still like used to get beat up
- 42:05for that as a founder being like, oh, you don't have this
- 42:07big giant sales team that's doing the thing we're seeing
- 42:10across all of our companies. It's almost the exact same thing
- 42:12with AI is that instead of bidding and expanding into a big
- 42:15sales team, founder LED sales can go like much further down
- 42:18the line. And so I wanted to like, as
- 42:20you're mentioning that I, it just got me being like, yeah,
- 42:23like that it would make sense too from the connectivity
- 42:26perspective of that getting more important.
- 42:28So cool, OK, I love what you're doing.
- 42:31I'm so interested in this. I, you know, for all the
- 42:33founders that are listening, let's say that they have an idea
- 42:37or let's say even better yet, they're exiting a company.
- 42:39They've got 6 ideas. You know, what's a good entry
- 42:42point to come speak with your team?
- 42:44What does the process look like to becoming involved?
- 42:47Like what does that look like? Onboarding.
- 42:50Basically either hit me up on Twitter or e-mail me or go to
- 42:54our site. We have, we have an open general
- 42:56founder role that we're always looking for.
- 42:57And then we also have specific companies we're looking to find
- 43:00founders for that we have like strong thesises on.
- 43:03And then essentially like it starts with just a blank page
- 43:05and it's like, OK, right, write the memo.
- 43:07It's like you're, I've invested in 10 or 20 of these.
- 43:10Like you're going to be the one behind it.
- 43:12Write the memo. And then we start seeing how we
- 43:14work together. And I help write that memo.
- 43:17Francis Pedraza, who's my Co founder and our chairman, he
- 43:20helps write that like he bounces that off of you as well.
- 43:23And and then from there, like you meet the other CE OS, they
- 43:26do the same process. And we, you know, for us, like,
- 43:28just like you're talking a lot about the communal apes, like
- 43:32being an entrepreneur, like building together rather than
- 43:34building separate is also powerful.
- 43:36And so like our other CE OS will meet with you and you'll get
- 43:39ideas from them, their businesses, you'll figure out if
- 43:42our culture works for you. And then ultimately it goes to
- 43:44my board who we, we have our own IC of sorts, but we started
- 43:48companies for meeting people like we usually, it usually
- 43:52takes about 60 to 90 days for both sides to get comfortable
- 43:56and like learn about it. But we've done it faster.
- 43:58And then they're, some have gone longer, but that's, that's how
- 44:00to get in touch with us. And we're always loving to like,
- 44:02meet founders. Yeah, it's great.
- 44:05And as far as like what are kind of attributes that maybe thread
- 44:08the founders all together that make some kind of like Infinity
- 44:12stock? I actually there.
- 44:15So they're all very different. Like we have technical founders
- 44:17I love, I've sales oriented founders, I've designed like
- 44:20more design oriented founders. I've remote, I've in person, but
- 44:25really like we're we're all willing to be very, we're all
- 44:30willing to be wrong. So we're heavily Socratic.
- 44:33Even at the board level, we're very scrappy.
- 44:37So our first move isn't to come in and burn through 10 million
- 44:40bucks. Our first move is to go and get
- 44:41a customer, figure out the problem and build some cool
- 44:43technology. And then, you know, like all of
- 44:48us like to have a lot of fun. And so, you know, for us, like
- 44:52being an entrepreneur is fun and we like playing the game
- 44:55together. And, and so people who you know,
- 44:57it's for us entrepreneurship. It's a multiplayer game, not a
- 45:02solo game. So nobody else gets to pick up
- 45:04controller #2? Yeah, yeah, play some, play some
- 45:088 on 8 Halo I. Think that's what it feels like?
- 45:12Infinity right there yeah, yeah, yeah.
- 45:13I mean that's that's the move. But you know, I didn't realize
- 45:16this until we made Infinity, but I was like, man, like
- 45:19multiplayer Halo, like single player Halo is fun and you could
- 45:22like speed run it, but multiplayer Halo, like people
- 45:25driving to warthogs shooting missiles like this is gonna get
- 45:27fun. And we're, we're basically, you
- 45:29know, doubling the size of the portfolio and our biggest rate
- 45:32limiting factor is amazing people who can come build with
- 45:34us. So that's why I like, I love
- 45:37meeting people like you, Ryan, because you're such a good
- 45:39community around you that, you know, I can get them get the
- 45:42word out there to be like, talk to me, talk to me about your
- 45:45idea. You can also have no idea.
- 45:47Like I actually love it when people have no idea.
- 45:48They're just like, wait, the services thing plus AI sounds
- 45:50sick. Let's go talk.
- 45:52That's the best, actually. I totally agree.
- 45:55And founders are, I don't know, I, I, it was an easy transition
- 45:59for me because I came from the music business and making,
- 46:01making music and things like that.
- 46:03And that same kind of spark of creativity exists with the
- 46:06founder community. And now more than ever, it's
- 46:08like you're really rewarded for out-of-the-box thinking and for
- 46:13maybe being a little philosophical, maybe, you know,
- 46:15betting on some like true core values, you know, and just being
- 46:20like, hey, man, I mean, I, I spent all weekend thinking about
- 46:22my grandpa, just a little bit anecdotal about me and just what
- 46:26an absolutely remarkable man he was.
- 46:28He was a Major General in the Marine Corps.
- 46:32And he was, he, I mean, he looked like the prototypical
- 46:36Marine, tall, handsome, you know, you could shave with his
- 46:39jawline. He was that guy.
- 46:41But he was also just the, when you spoke to him, he made you
- 46:45feel like you're the most important person on planet
- 46:48Earth. He was just incredible.
- 46:49And so I really was just focusing in on like, how, how
- 46:52can I bring that energy to people?
- 46:54Because I love that feeling when you build somebody up, you build
- 46:57up your team and they something remarkable happens.
- 47:00It's a magical moment that AI can't reproduce yet.
- 47:05But but maybe you can. So again, off off target, but.
- 47:10So now I want to ask all these questions about I.
- 47:11I love military history, so now I want to ask all these
- 47:14questions about your grandfather, but.
- 47:15He's incredible man. Rest in peace, love to death.
- 47:18But I want to talk about you. This is about you, you.
- 47:20I know you have your own podcast which please plug.
- 47:25Yeah, come check out not another pod.
- 47:27That's my that's my podcast. And we essentially go through
- 47:31it's, it's all these epic founders and how they've built
- 47:33companies because I think so you'll tell the the upside of
- 47:38the story of the numbers and the cool products and all the stuff.
- 47:41But we we kind of get into the founder therapy of it.
- 47:44And so I've had some really cool guests on.
- 47:46We just launched the season. So come check it out.
- 47:49It's on all the platforms notanotherpodcast.co.
- 47:52Cool. And you're working with Jake
- 47:53Hurwitz on that, isn't that right?
- 47:54Yeah, yeah, yeah, yeah. This makes my producer.
- 47:57Yeah, and you know, it's, it's interesting synergy because I, I
- 48:01heard you on Code Story and Noah's a buddy of mine and Jake
- 48:04Hurwitz is a buddy of mine from another world.
- 48:06It's like all the world's converging.
- 48:08But I wanted to mention your podcast largely because you're a
- 48:10podcast to talk. And what happens is when you get
- 48:12a podcast, you don't end up talking, you just interview
- 48:14anybody. So I want to make sure you have
- 48:16your. That's why I was excited to be
- 48:19on here. I was like, I've I've been
- 48:20interviewing, yeah. Totally.
- 48:22OK. So so founder comes on board,
- 48:25they're they're nestled in with the community, they build a
- 48:28product, we're feeling good about it.
- 48:30How are you bringing products to market now?
- 48:33What does go to market look like for for your portfolio at this
- 48:35point? I mean it, it really is founder
- 48:39by founder dependent. So we hire CE OS, not general
- 48:42managers. So like that's where I'm like,
- 48:43OK, like if you, Ryan, you were my CEO, I'd be like, how do you
- 48:46do it? And that's part of your memo.
- 48:47But generally speaking, most of our companies, they go and they
- 48:51find an existing client. And, and so we typically start
- 48:54with clients that are in tough spots.
- 48:56So rather than going to like super, super high and hiring,
- 49:00we'll go to someone in the retail space that's having a
- 49:03hard time to hire during the holidays.
- 49:05And then we can go and be like, actually, we can use AI and
- 49:07we'll give you a better price or we'll give you a better quality.
- 49:10I like quality better the price, but we'll give you a better
- 49:12quality and speed than you're getting from your existing
- 49:14recruiting agency. Why don't you give us a shot and
- 49:17we'll be we'll have you be a design partner.
- 49:19So we are able to close a really large retail chain to do that
- 49:23staffing for them. And now that's expanded that
- 49:26contracts expanded really far. And so like usually that's what
- 49:31we do or like Labyrinth are permitting approval company.
- 49:35It actually was founded by Stuart Lacy and he's an
- 49:39incredible repeat founder. But he his first customer was
- 49:42deep vision, a small format nuclear power reactor as because
- 49:45he could build an AI process platform to help manage their
- 49:49permitting and be aligned with them on the outcome rather than
- 49:52build them hours and hours and hours like a normal consultant
- 49:55would. And so our top founders and
- 50:00actually all of our companies go and find design partners 1st and
- 50:02then essentially that services you wanna go get the data as
- 50:06fast as you can cuz then you get the data, you get the money, you
- 50:09get the cash flow, and then you can start iterating and
- 50:11building. The biggest mistake I see people
- 50:13make is like, I raise money or like my whole product is raising
- 50:16money. And then I've got now I've got
- 50:18the money. So now I have to build the
- 50:19perfect software. And then someday I'll close some
- 50:22clients and make some money on the thing.
- 50:23And I think in this in this world, you'll just get blown by
- 50:26because so many people are going really fast.
- 50:28Yeah, that, that does seem like kind of the, the real
- 50:31performance enhancing drug, so to speak, is, is the having the
- 50:36right design partner. So when you have founders with,
- 50:39you know, experience, a lot of times they're bringing those
- 50:42relationships aboard with them, but they're like, hey, we have
- 50:45these two 3 enterprise clients that are willing to come on
- 50:48board as design partners because we can 2X3X the value at the
- 50:52same price potentially. And then So what, you know, once
- 50:55you're ready to throw the switch, boom, you got two or
- 50:58three big clients, you got the logos fresh on the, on the
- 51:01website that seems to be really helpful.
- 51:02Are are are folks having a success kind of just cold
- 51:06calling design partners? I would say so cold colleagues.
- 51:11Ever since the last iOS ship shipment, cold colleagues like
- 51:15basically dead. Like I've like literally turned
- 51:18it off on my phone and I used to be like a beast of a cold
- 51:20caller. How did you do that?
- 51:22How do I turn it off? So there's a new setting, so
- 51:26update to the latest setting in Apple.
- 51:30And then there is a new like call screening setting where
- 51:32they'll have like an AI basically screen your call for
- 51:35you if it's not in your phone book really.
- 51:38And then it and then it transcribes to you.
- 51:41It'll be like, I'm Ryan, I'm calling and I can like, oh, it's
- 51:43Ryan pick up. Cool, I'm definitely trying that
- 51:47out. Even if my phone was like almost
- 51:48unusable because like once you start doing all this stuff, it's
- 51:51just everyone starts and I'm like, I scrub myself from
- 51:53everything. So, so step one, that's like
- 51:56cold calling. I love the grit of cold calling
- 51:59and Glengarry Glen Ross kind of situations.
- 52:02But I, I think that that's basically like DOA.
- 52:05The next is like outbound e-mail.
- 52:07People are still doing that a ton, but essentially all the big
- 52:10emailing e-mail companies are using AI now to screen and, and
- 52:14do spam. So response rates now have
- 52:16dropped by 50% from where they were a couple years ago.
- 52:19I think they're, they're like 1 1/2% now and they used to be
- 52:21like 3%. And so that's that's also a
- 52:24really tough channel. SEO is also incredibly tough.
- 52:28And so where we're seeing traction in the smile of being
- 52:31on this podcast and find founders is telling our story in
- 52:34real, authentic ways. Short form video that works,
- 52:37long form podcast actually amazing.
- 52:40We do events and we do interactive events where we
- 52:42bring our engineers and build people real things in real life.
- 52:45So like we, we sponsor Abundance 360, which is Peter Diamitis
- 52:50conference and we'll build AIH is there and that's what we're
- 52:53doing this year. And then we also one of our
- 52:58company's ascendancy and basically comes in and maps your
- 53:03whole Business Network and then finds you investors, people to
- 53:06recruit and sales leads essentially from warm
- 53:10introductions from the whole network.
- 53:12So like, we essentially built a network effect company that goes
- 53:15and drives, leads and drives, like, and, and we built a real
- 53:18community behind or we'll do dinners and all sorts of other
- 53:21things. But that's, that's typically how
- 53:23we go and find other clients. And what I'll also say is like,
- 53:25it doesn't have to just be the repeat founder that knows the
- 53:27three enterprises. And like, that's how you're in
- 53:29like, as long as you're empathetic and you're willing to
- 53:32get yourself out there and build really good product.
- 53:35I've seen like a lot of people close really great design
- 53:39clients without an existing relationship.
- 53:42You know, you just have to, like, meet people where they're
- 53:44at and, like, be authentic and not be scammy.
- 53:47Yeah. And it's like, hard, like, I
- 53:49don't know. I feel like right now everybody
- 53:50with AI is like leaning into the scammy thing.
- 53:53Like, scammy emails, scammy calls.
- 53:55It's like, how about just like not doing that?
- 53:57Yeah, totally. I was, I was, I was like, man,
- 53:59can I just get AAI Avatar to do something about this face?
- 54:03Like now I'm stuck with it. I'm still stuck with it.
- 54:05So here we go. You got a beautiful face, Ryan.
- 54:08You're too sweet. OK, we got a couple minutes left
- 54:11here. We got time for the lightning
- 54:12round. Are you ready?
- 54:13Let's do it. What's that?
- 54:15OK, so you're creating AI services and you're challenging
- 54:21the the the massive iconic tech brands out there, which is
- 54:25amazing. What are some services you come
- 54:27up against that maybe shouldn't you be using AI at all?
- 54:33Oof. I mean, you're a doctor.
- 54:39Like I, I like, like I think there's a lot of good copilot
- 54:42stuff around this stuff, but I think like you still want like
- 54:45your doctor because AI should not replace your doctor.
- 54:48They're working on that. If you think the intuition in
- 54:51the experience of a doctor still like Trump's, the because the
- 54:55because. They can see like I think, I
- 54:57think that's like a perfect copilot example.
- 55:01But like, yeah, there's definitely like our hospital
- 55:03network has an AI copilot that can ask for knowledge work.
- 55:06But I think I still like, I'm still at a point where I want
- 55:10like a real doctor, not like a full AI doctor.
- 55:13I, I would say litigation law, so not corporate law, but like
- 55:18when you're actually in a lawsuit, you want like a real
- 55:21lawyer from judgement perspective.
- 55:23And so, so think like one step down.
- 55:25Like let's say you've gotten a like lawsuit, you want like a
- 55:27real lawyer, like litigating that and like consulting with
- 55:30you on that. I, I think really like the way
- 55:33to process map this. That's where in the lightning
- 55:35round is anything that is a high trust judgement based, that's
- 55:42more experience reinforced. That's typically where you want
- 55:45the human to be. And then obviously, like in my
- 55:49world, you augment those with with AI.
- 55:51Totally love it. OK, if you were to join Infinity
- 55:55as a founder, do you have an idea of knocking around that
- 55:58you'd like to bring to Infinity as an operator?
- 56:03We're working on an AI general counsel company.
- 56:06Cool. And so I really want an awesome
- 56:09founder from the legal space to come build that.
- 56:12I also would love to do something, my last business was
- 56:16in the insurance space. I would love to do something in
- 56:18the insurance space because I think there's a lot, there's a
- 56:21lot of companies right, for disruption in the brokerage area
- 56:24of that. And then I love technical
- 56:29founders. So information security and like
- 56:33device hardening, I think that that's incredibly important.
- 56:37And I think it's somewhat of a tech product, but it's also a
- 56:39managed service. And so any and all technical
- 56:43founders in any space, I like love because I think not enough
- 56:46tech services get the credit for it.
- 56:48So like one of our new companies is called Sanctum and it's just
- 56:52launching and it's an IT services company that's
- 56:55predominantly using AI and people to manage your IT.
- 57:00Well, let's just put the APB out like you're looking for founders
- 57:02in specific areas. What any other categories that
- 57:05would be helpful for you? Supply chain, we have a cold
- 57:12action on our site that's coming out.
- 57:14So if everyone should keep keep eyes out for that when this
- 57:17podcast launched. But supply chain and finance,
- 57:22different, different aspects of finance and accounting.
- 57:26I think PR, we're really looking to do something in the public
- 57:30relations and COM space and data technology, information
- 57:35security. Amazing.
- 57:38You heard it here, folks. Come hit up Brennan.
- 57:40He's he's got openings. Amazing.
- 57:43Yeah, let's go. OK.
- 57:44I got two more quick ones for you.
- 57:46Is there ACEO or another entrepreneur that you're
- 57:49following or you really admire? I I admire levels just cuz he's
- 57:54like the ultimate like builder. I also I love Mark Cuban.
- 58:02I think he's quite the entrepreneur and like like epic
- 58:06billionaire guy. You've got to respect Elon Musk
- 58:09and and the supply chains and the hardware that he builds.
- 58:14Farmer lucky. I think what he's done with
- 58:16Andrew and Oculus is epic and and those are both things that
- 58:21it's like who who would pick up and be like, I'm going to go
- 58:22build a defense prime and actually kick ass at it.
- 58:26I think that that's incredible. And then yeah, like, like a lot
- 58:32of those probably like since we're in the AI space too, I'll
- 58:37also say like suck. And I know like he's getting
- 58:42like beat up in these moments right now with different things,
- 58:46but with like Llama. But I would never bet against
- 58:49suck in my life. And I think he's just for, for
- 58:51being able to like run the company the way he runs it.
- 58:54He he runs it like a SEAL team. And I think it's really hard to
- 58:58compete with him. And so I I always, I always have
- 59:02a lot of respect there. So yeah.
- 59:04Doctor Zuck. Plus he's a jiu jitsu guy now so
- 59:06he's a fellow brother. Yeah, I'm not.
- 59:10I have bad knees so I'm not allowed to jiu jitsu.
- 59:13Yeah, that is why I, I stopped a few years ago.
- 59:17I'm a yoga guy now, so. I just weight lift a ton, you
- 59:22know, That's, that's my move. Nice.
- 59:24OK. And and lastly, I know you
- 59:26mentioned Rotary and in particular you know we like to
- 59:30give shout outs to charitable organizations.
- 59:33Can you talk a little bit about the work you did with Rotary?
- 59:37Yeah. So it actually is something that
- 59:40got me into tech is I, when I was in banking, I went and went
- 59:44to India and with Rotary. And then I think the Gates
- 59:47Foundation, we are part of the Polio Plus initiative, which is
- 59:50a vaccine initiative to eradicate polio, which they did
- 59:53in India, which is incredible. And so I want to just give a big
- 59:57shout out to them as well as like the Gates Foundation and
- 1:00:00doctors with like doctors within Borders, because I think going
- 1:00:05out and providing medical benefits and different
- 1:00:07communities is such a important thing.
- 1:00:10And it also, you know, just directly translates to to lives
- 1:00:15and GDP because we're all connected.
- 1:00:17You know, like you can get on a plane and fly from anywhere
- 1:00:19anymore and like, don't you want those people having healthcare
- 1:00:23and having safety And you know, like we're all like a part of
- 1:00:26one world. And I think going out and doing
- 1:00:28things like that's really important.
- 1:00:30So that's that's like my shout out.
- 1:00:32Totally agree. You know, polio's a interesting
- 1:00:34one too, because it was kind of like as the world became cleaner
- 1:00:36and more sanitized, that's when the polio comes out because
- 1:00:39they're not exposed to like these viruses.
- 1:00:41So you have that big outbreak. And of course, polio was, was
- 1:00:45knocked down to a 99.9% degree in the States.
- 1:00:49But it's worth mentioning because there's a lot of like,
- 1:00:52you know, vaccine skepticism now and maybe for rightful means.
- 1:00:55I mean, I, I don't know everything, but you can
- 1:00:57definitely point to like polio and certain vaccines
- 1:01:01historically that have been such a net positive on planet Earth.
- 1:01:05It's undeniable. Yeah, yeah.
- 1:01:07It's a super stable vaccine that's been around I think since
- 1:01:10the 40s or 50s. And then the cool thing I about
- 1:01:13the polio vaccine and I'm just get the Fact Check me on here,
- 1:01:17but I believe the creator gave it away.
- 1:01:19And so rather than monetizing it, they gave it away.
- 1:01:22And so I think that like, yeah, you can, we can have we can hold
- 1:01:25our medical system to account, but I think on and on there's a
- 1:01:29lot of things out there that make make the world a better
- 1:01:32place. And for me, the, the polio
- 1:01:35vaccine and, and eradicating polio and the work they're doing
- 1:01:38to eradicate malaria and these other things like make a lot of
- 1:01:40difference in people's lives. And so, you know, that's, that's
- 1:01:45something I think that these organizations need a lot of
- 1:01:47support. Totally agree.
- 1:01:48You know, and just, you know, as far as AI goes, this is probably
- 1:01:51going to be the biggest net positive is I believe the
- 1:01:54insulin, the creator of insulin also gave it away for free
- 1:01:57before it was, you know, appropriated the the patent.
- 1:02:00But you know, what we're going to see is a lot more
- 1:02:03medications, a lot more opportunities.
- 1:02:05With that comes, you know, a certain amount of compliance and
- 1:02:07we want to make sure it's all checked out.
- 1:02:08But I'm really excited for like all those health benefits as
- 1:02:11well. Brennan, this has been awesome.
- 1:02:15I appreciate it. It's Infinity. constellation.com
- 1:02:18is the website. Where can people connect with
- 1:02:20you best online? I'm on Twitter, Brennan Pathetus
- 1:02:26like you can, you can find me. I'm working on my new, I'm
- 1:02:30working on a new handle. So I won't, I won't shout that
- 1:02:32out until it gets confirmed, but yeah, you can.
- 1:02:35And then the the you can see all my stuff on nonanotherpodcast.co
- 1:02:40and get get connected with me on on its indieconstellation.com
- 1:02:44so. Notanotherpodcast.co.
- 1:02:47Fantastic show. I'm super enjoying it.
- 1:02:49It's a new podcast too, so everyone can kind of get in and
- 1:02:52have some new listening of a great new show.
- 1:02:55Brendan, this has been awesome. Thanks so much.
- 1:02:57Yeah, thanks for having me. All right, all right, coffee is
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