11 Labs

“Those are going to progress, but they're not going to progress with the same level of focus and ambition as the core foundation model that OpenAI is working on. They might progress as beneficiaries of that core work, but it doesn't have the same level of focus…”

“We could have done 11 Labs, which is a three billion dollar company, probably the best company coming out of Europe now. Could have done it at 25.”

“What we're seeing in the London ecosystem is that we're actually building global leaders, not just, like, regional winners of, like, expense management or something like that. Like, you have 11 Labs who are leading in voice. You have us, which is leading in en…”

“The team have used 11 Labs, an AI voice tool, to recreate my voice, and then call my mother, and you will not be able to know any difference”

“For our voices, we also work with 11 labs and they're just amazing models, amazing voices.”

“They've raised two hundred and eighty one million, With their latest round, pricing them at 3.3 billion dollars.”

“11 Labs has this, ChatGPT has this, XAI has this where it's organic customer acquisition or, you know, very low cost sales acquisition, Abridge, Harvey, companies where, like, the market is just absolutely starving for their product.”

“But I, if for my game, if I could do something, attempt the price or a 50th the price that was close to as good, I would have to switch.”

“So my point is 11 Labs ended last year. They just said it. Mahdi is such a great CEO on so many levels, right? So charismatic, so good. Three hundred and thirty million in revenue from nothing.”

“My biggest regret with our Series A fund is not being more elastic, disregarding the Series A mandate, and just saying I'm going to leverage the brand and the access that I have, arrogantly, forgive me for that, to get into super hot companies like your 11 Lab…”

“OpenAI and Anthropic will end up, and Google will end up buying, and 11 Labs will end up buying, like, all of the new foundational model companies that will be popping up and creating research and paying just, like, a few billion here, a few billion there, and…”

“If I'd invest in every founder that I'd met, every founder that I've met, I'd be 17 X more successful. One seven X more successful. I would have had two and a half percent of deal. I would have had two percent of 11 Labs. I'd have a seed check in Flettersport,…”

“The one company that I've really admired and, you know as the kind of like outlier entrepreneurs, we, in my history going back, like you look at the companies that became great, you know, when I was early days of client, there was like, you know Jeff Bezos and…”

“I think 11 Labs is at eight hundred million in revenue. Raising it twenty two billion.”

“11 charges 10, a hundred dollars per million characters. The OpenAI model on the benchmarks cost a 196 dollars per million characters. So ours, when we sell it to other B to B companies now, we just launched our API, Simba, 3.2, it costs 10 dollars per million…”

“11 Labs, huge credit to them, leapfrogged us because they sell to B to B. Well, historically we've only sold to B to C.”

“Now, 11 Labs is an unstoppable machine at this point, to the point where it has government buy-in across All of the large major Western democracies.”

“What I don't know is if it tops out, and that's, I think, the risk for something like 11 Labs, meaning, like, we just get voices good enough, and then you can get it. I can put, you know, open weight models on base 10 and get it, but it just doesn't feel like …”