Assertion Not checkable as stated
Hudack: Gradient AI dramatically outperforms Intercom across all shared customers
“These guys are dramatically outperforming Intercom in all of the, with all the customers that they have.”
Assertion Not checkable as stated
Hudack: Meta has one of the largest permissioned training datasets globally
“Facebook has one of the largest permissioned training sets in the world.”
Insight
Hudack: Founders must build consumer products to create a $100B company
“You're also probably not going to create like a hundred billion dollar company in doing that, you know? If you want to do that, you got to go consumer, I think.”
Insight
Hudack: Founders should replicate common product primitives instead of inventing everything
“I think there are just certain primitives or certain ideas that become commonplace and, like, should be replicated by everyone. And you have to be, like, you know, it's, like, impossible that you're gonna come up with all of those yourself.”
Opinion
Hudack: Targeted Facebook ads no longer work well for acquiring early adopters
“I think that there was probably a golden age in which the answer would have been like,
You know, target exactly the right message at exactly the right people on Facebook.
Find the, like, 3400 people who are your early adopters and just, like, get it in front o…”
Insight
Hudack: Price AI by heavily discounting total labor and emotional damage saved
“With an AI company, it feels really clear to me that you look at the number, the amount of human input that you're saving, And the cost of that human input, and I mean total cost, I mean salary, emotional damage that you have to sustain in doing the work, you …”
Insight
Hudack: Startups can raise prices later on products that customers truly love
“If you build a thing, which is like, Beautiful and people love and has a place in their lives. You can charge more for it later. And you know, that goes against conventional wisdom. And I think if you have that knowledge it's a secret weapon because it's easie…”
Opinion
Hudack: Meta's open-source strategy smartly commoditizes competitors' closed AI models
“I think that the strategy that they have right now of like open sourcing a bunch of models, you know, makes a ton of sense. It's like the right strategic move. If you're in their position you're kind of like salting the earth in a pretty meaningful way, you kn…”
Disclosure
Hudack invested in YC AI debt collection startup despite initial skepticism
“There's another one I invested in recently.
It's a YC company that is doing debt, AI debt collection, which I would have thought was like a terrible idea.
I can't think of the name off the top of my head, but the way the guy explained it, which I thought was r…”
Insight
Hudack: Organic distribution requires adopting platform-native communication formats
“If you want to target like techie people, you probably want to do it on Twitter X. If you want to target
Sales people, you probably want to do it on LinkedIn.
You know, like, it just, you know, and there's a format, and there's a way of thinking, and a way of …”
Assertion Supported
Hudack: Monzo's top pre-COVID revenue stream was overseas debit interchange fees
“Our number one revenue stream was actually people using their debit cards overseas, and the interchange you get from that, and that went away overnight, and we were totally screwed.”
Disclosure
Hudack: Sling Money went viral in Kenya after 2.5 years of building
“We're trying to build like WhatsApp for money or a global Venmo. You know, we've been building for two and a half years. It's super difficult. You know, you iterate, you keep building, and then, you know, maybe you have a moment. We had a moment last week. We …”
