Accel

UC Berkeley SCET @SutardjaCenter · Oct 29

“Greatness is on the other side of failure.”

Recwntly at SCET Newton Series, Kaizen @thekaizenlabs CEO Nikhil Reddy @bignikhilreddy & Accel @Accel Partner Amit Kumar discuss embracing failure & staying true to your conviction.

Full video: na2.hubs.ly/H08Bljr0

#ucberkeley

View quoted post on X

luba yudasina Verified account @LubaYudasina · Oct 28

New pod drop!! Loved meeting Dylan Fox (@YouveGotFox), founder and CEO of @AssemblyAI. He’s one of the calmest founders I’ve met: nine years in, 100M API calls a day, and he still calls the whole thing “fun.”

@AssemblyAI also just announced AssemblyAI-TTS-1, a text-to-speech model built for voice agents. As someone who prefers talking to writing, I’m really excited for this launch.

We talk about:

Five years without a market → Series A in 2022

-Why the last 10% of an AI product is the whole product

-Target furniture as a risk strategy

-“Everyone’s still just figuring it out”

-180% net dollar retention with zero contracts

-Married to a founder whose company took off while his didn’t

-Why he deleted X in 2023 (I think he’s back tho)

-“I’m just a builder”

and so much more!

Timestamps

(00:00) Trailer
(01:16) Dylan Fox, Founder & CEO, AssemblyAI
(01:46) YC's first AI batch and five years to a Series A
(05:49) Granola, Tolan and the voice agents built on AssemblyAI
(07:27) Why the last 10% of an AI product creates product market fit
(09:43) 180% net dollar retention with zero committed contracts
(14:04) Field sales techs earning $20K more commission with voice AI
(17:47) Voice as the primary interface to all hardware and software
(24:42) Teaching himself to code to build a DoorDash for toiletries
(29:17) Rejected by Twilio, hired by Cisco
(33:07) The Amazon Echo that started AssemblyAI
(40:56) Applying to YC a month late with no co-founder
(45:01) How Daniel Gross got him into YC
(1:01:30) Scaling up too early and resetting go-to-market
(1:07:21) Leaning on Accel, Insight and founders from Synthesia and Pinecone
(1:14:19) Why he quit X
(1:15:10) Outro

View quoted post on X

Legora Verified account @WeAreLegora · Oct 21

We have raised a $550 million Series E at a $8.8B valuation to accelerate our growth in the U.S. and globally, and deepen investment in the Legora aOS, our agentic operating system for legal work.

@Atreidesmgmt leads this round, alongside new investors @BaronCapital, @CapitalGroup, @Fidelity, @GladeBrookCap, and @jpmorgan. Every major existing investor is participating. We’re grateful to have partners who share our ambition and our long-term view.

We build AI together with the people who use it. That’s always been our approach. Our customers help shape what we build, pushing us to go further on the work that matters.

This is the most exciting time in history to be a lawyer, and we’re lucky to be in the middle of it.
Read the full release: legora.com/blog/series-e

View quoted post on X