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Figure AI

also referred to as: figure · figure.ai

18 statements across 3 episodes · 8 bullish · 3 bearish · 2 people on the record · first statement Sep 26, 2023 by Brett Adcock · said 56 times in 9 episodes since 2023 · across every show →

Mentions by year

brought up most by Sam Parr (35), Brett Adcock (13), Shaan Puri (4), Anthony Pompliano (4)

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0052.5105202320242025episodesmentions per episode
2025 1 mention in 1 episode
2024 27 mentions in 5 episodes 5 per episode
2023 28 mentions in 3 episodes 9 per episode

every mention, scene by scene, with the transcript →

Everything said about Figure AI, oldest first

Sep 26, 2023 bullish
Prediction Not checkable as stated
Adcock predicts Figure will be valued higher than Cruise and Waymo
“I happen to think this business is probably valued bigger than Cruise and Waymo, which are like, these are a thirty billion dollar free revenue companies.”
Brett Adcock Sep 26, 2023 ▶ 44:36 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 bearish
Opinion
Adcock: If I Only Wanted Money, I Would Stay in Software
“Like, I think if it was just about money, I think I'd be basically probably back in software. So I think going and doing these projects I'm working on now are just probably the surest path to losing everything.”
Brett Adcock Sep 26, 2023 ▶ 14:46 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 bullish
Prediction Open · timeframe Sep 2038
Adcock: The biggest company in 10-15 years will make AI humanoids
“So here at figure what's so, so at a high level, the biggest company, the next 1015 years in the world will be human, like AI powered humanoids. That like, that's for sure going to happen.”
Brett Adcock Sep 26, 2023 ▶ 35:00 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 bullish
Prediction Held up
Adcock: Figure will deploy commercial robots with major brands within 24 months
“And I think we can do these over the next like 24 months. We'll have robots in commercial. Applications with like some of the world's biggest brands.”
Brett Adcock Sep 26, 2023 ▶ 44:43 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023
Assertion Not checkable as stated
Adcock: Figure hit a seven-figure monthly burn within six months
“We were like, we were within six months, we were at a seven figure a month burn. Half figure.”
Brett Adcock Sep 26, 2023 ▶ 17:41 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023
Disclosure
Adcock: I took out a second mortgage to fund Figure
“I think it's even worse. Like we, I had a second mortgage on my house to go through it.”
Brett Adcock Sep 26, 2023 ▶ 19:57 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 neutral
Assertion Not checkable as stated
Adcock: Warehouses face 15% daily absenteeism and up to 150% annual turnover
“So we walk into these warehouses, manufacturing, retail, whatever, and we walk in and they're telling us that 15% of employees don't show up every day to work. They're saying they have two to three percent weekly attrition, 50 to 150% annual turnover.”
Brett Adcock Sep 26, 2023 ▶ 38:37 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 bullish
Prediction Not checkable as stated
Adcock: Humanoid home robots will eventually cost several hundred dollars monthly
“We're seeing here is we're seeing the ability to get these robots over time with a high enough volumes cheaper than like a mid price card. And then if that robot can last four or five years before it's fully depreciated the cost should be pretty affordable for…”
Brett Adcock Sep 26, 2023 ▶ 36:39 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 bullish
Opinion
Adcock: Enterprise demand for functional humanoid robots is almost unbounded
“I I've never seen a business like this where we walk in and they're like, we'll buy a million of them if you could do this. And so the demand is like, I would think almost unbounded.”
Brett Adcock Sep 26, 2023 ▶ 39:32 This $3B Founder Is The Next Elon Musk (#499)
Sep 26, 2023 negative
Disclosure
Adcock nearly went personally bankrupt funding Figure in 2022
“I basically almost went personally bankrupt the last year of figure.”
Brett Adcock Sep 26, 2023 ▶ 15:27 This $3B Founder Is The Next Elon Musk (#499)
Mar 8, 2024
Assertion Partly supported
Sam Parr: Figure raised $600M at a $2.5B–$3B valuation
“I think they raised six hundred million dollars at a two and a half or three billion dollar valuation, I think.”
Sam Parr Mar 8, 2024 ▶ 2:09 Elon Musk SUES Sam Altman
Mar 8, 2024 bullish
Disclosure
Sam Parr discloses investing in Figure AI's first and latest rounds
“I was in the first, I was in on the first round. I doubled down and did on this round.”
Sam Parr Mar 8, 2024 ▶ 2:18 Elon Musk SUES Sam Altman
Jun 17, 2024 positive
Assertion Not checkable as stated
Adcock: Figure employs 120 engineers and zero program managers
“We're a 120 engineers here. We have zero program managers.”
Brett Adcock Jun 17, 2024 ▶ 27:33 EXCLUSIVE: $3B Founder Reveals His Next Big Idea | Brett Adcock Interview
Jun 17, 2024 negative
Disclosure
Adcock: Multidisciplinary engineering teams must ban acronyms and internal jargon
“We try not to use acronyms and a software-purpose person that writes firmware, an electromagnetics person that builds, like, a rotor stator for electric motor, like, Those folks don't understand those other disciplines. Generally. So they need to communicate w…”
Brett Adcock Jun 17, 2024 ▶ 33:16 EXCLUSIVE: $3B Founder Reveals His Next Big Idea | Brett Adcock Interview
Jun 17, 2024 bullish
Disclosure
Adcock: Figure deploys in industrial settings to prepare for consumer homes
“We're going to BMW, we're going to these industrial settings, but we want to be in the home. Like, if we could be in the home today, like, home robots, we would do that. We are using the commercialization, industrialization industry as a way to get us ready an…”
Brett Adcock Jun 17, 2024 ▶ 25:20 EXCLUSIVE: $3B Founder Reveals His Next Big Idea | Brett Adcock Interview
Jun 17, 2024 neutral
Prediction Not checkable as stated
Adcock: Shipping high-quality humanoid robots will take Figure several more years
“We need to go out now and like prove that we can actually ship really high quality product, which is going to take us, you know, several more years from here.”
Brett Adcock Jun 17, 2024 ▶ 35:14 EXCLUSIVE: $3B Founder Reveals His Next Big Idea | Brett Adcock Interview
Jun 17, 2024
Disclosure
Adcock paid $100,000 for the figure.ai domain
“We bought figure.ai for a hundred grand, and then we bought cover for a few tens of thousands of dollars.”
Brett Adcock Jun 17, 2024 ▶ 15:43 EXCLUSIVE: $3B Founder Reveals His Next Big Idea | Brett Adcock Interview
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