Hamdi: Brick bills by robot via unlimited or per-minute pricing
“The way we do it is by robot. Generally it's unlimited transactions, actions, and automation minutes. We do have a consumption based model that's getting more popular where it's actually automation minutes. So the number of minutes that they, you know, basical…”
Hamdi: Brick customers pay $2,000 to $5,000 monthly per robot
“Between two and 5000 a month.”
Hamdi: Brick serves about 600 customers
“Yeah, we're about 600 customers now.”
Hamdi: Brick reached cash-flow break-even last year
“Obviously we lived through those roaring twenties and, you know, had to get to cash flow break even, which we did. At the end of last year.”
Hamdi: Brick's revenue run rate is approaching $20 million
“No, we're less than that in run rate. Our, you know, our ASP is still a little bit lower than what our current average robot price is, but you're in the right ballpark.”
Hamdi: Brick burned $1M monthly while growing 150% in 2021
“We were about a million a million a month. So we're, you know, we're in there burning a million a month. And you go to every board meeting to like grow fast. We're also growing like a 150%.”
Hamdi confirms Brick's January 2024 funding round was at flat valuation
“Yeah, it was flat. It was flat. There were obviously some, you know, sprinkling in of some kickers and every founder knows that you have to do some kickers here and there, but yeah, it was flat.”
Hamdi: Brick generates more revenue today with one-third the headcount
“And I think we're doing more in revenue than we did with a third the number of employees, right?”
Hamdi: Brick aims to double revenue in three years with flat headcount
“I'd like to double the size of the company in the next three years with that, with the same headcount. That is our goal.”
Hamdi: Brick has 80% automation on its BDR team
“Right now we have 80% automation in the BDR side.”
Hamdi: Brick raised its seed round before writing any code
“Seed round closed before we wrote our first line of code. It was back in the good old days. So we closed our seed round and then started writing. We closed it on an idea and a dollar and a dream. ENIAC and Metaprop were the two great seed VCs.”
Sam Parr uses 'The Brick' daily until noon to block phone distractions
“Every morning when I'm getting ready to go to the gym, I walk by my door and I brick my phone, which means it's completely unusable other than making phone calls. So my wife can call me for an emergency Spotify and my workout app. And so I will keep it like th…”
Parr: Addictive technology inevitably creates demand for anti-distraction products
“What's interesting is that we build all this technology to like get, we want new, we want more convenient, we want better. And then after a while you get used to this life and it gets better and more efficient and more addicting and you want to create Things n…”
Courtney: Huge market for a digital detox brand paired with hardware
“I think there's a huge space in the market for a company to come along and be essentially the digital, you know, like the product zero for fasting, something like zero. But paired with something like Brick.”
Lynn: Brick is the worst material to build with
“But no, like brick, which you think of as a natural good material, is the worst thing you can build with, because you have to fire it with all this energy, you have to truck it, it's heavy.”