API

also referred to as: apis

6 statements across 6 episodes · 4 bullish · 2 bearish · 6 people on the record · first statement Mar 22, 2017 by Alex Mittal · across every show →

Everything said about API, oldest first

Mar 22, 2017 bullish
Prediction Not checkable as stated
Alex Mittal expects APIs to unlock complex compute power and data for developers
“The other is actually fundamentally, we're seeing the exposing complex, like computing capabilities and data that is inaccessible to most people through APIs. And so like by analogy, if you're at CES, like NVIDIA announced this cloud gaming service, which is n…”
Alex Mittal Mar 22, 2017 ▶ 24:59 20VC: How Every VC Firm Is A Marketplace, Why A Large Amount of Promise in AI Today Is Impossible & Entrepreneurs 3 Main Pain Points of Fundraising with Alex Mittal, Founder & CEO @ Funders Club
May 27, 2021 bullish
Insight
Founders Should Default to APIs Because Companies Rarely Replace Them
“If I was a CEO today, and when I'm in the boardrooms today with CEOs, my advice is where you can plug in APIs and use them for whatever the capability is, do that first. And over time, constantly look at designing it out, but you almost never will.”
Byron Deeter May 27, 2021 ▶ 14:27 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 22, 2023 positive
Disclosure
Wittenborn: PhotoRoom expanded beyond mobile into six-figure enterprise API contracts
“Take photo room. It's a prosumer product. We started on mobile. It's successful, not just in the US, but also in emerging countries. And now we're bringing the same product to web, to teams, and we have an API that people are paying 600 digits for a year.”
Nico Wittenborn May 22, 2023 ▶ 23:45 Nico Wittenborn: Consumer Subscription Apps; Using Evolutionary Biology to Invest; Solo GP's | E1017 · 20VC with Harry Stebbings
Nov 4, 2024 positive
Opinion
Sam Altman: Open source AI models and integrated APIs will coexist
“There's clearly a really important place in the ecosystem for open source models. There's also Really good open source models that now exist. I think there's also a place for, like, nicely offered, well integrated services and APIs, and, you know, I think it's…”
Sam Altman Nov 4, 2024 ▶ 9:05 Sam Altman: What Startups Will be Steamrolled by OpenAI & Where is Opportunity | E1223 · 20VC with Harry Stebbings
Mar 3, 2025 negative
Insight
Krieger: Selling pure API token access is a terminal failure mode
“I think the more you are just, like, maybe it's good inverting that all to see, like, what the failure mode looks like. I think it is resting on your laurels or not retaining your best people. Just believing that making the models incrementally better in every…”
Mike Krieger Mar 3, 2025 ▶ 9:55 Mike Krieger, Instagram CoFounder & Anthropic CPO: Where Will Value Be Created in an AI World?|E1265 · 20VC with Harry Stebbings
Sep 15, 2025 negative
Insight
Selling basic AI APIs is a bad business with low switching costs
“I think model customization is a really exciting opportunity because API will have low switching costs, not much pricing power, it's not a good business and focusing more on model customization is a really exciting opportunity.”
Brendan Foody Sep 15, 2025 ▶ 55:43 Mercor CEO & Co-Founder, Brendan Foody: How They Grew from $1M to $500M in 17 Months · 20VC with Harry Stebbings
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