Fathom

“Frankly, I look at this as like, we're happy to give away the data because we're always upstream from any use case there. And so like over time, there's always things we can first party in.”

“We were losing like, 50 dollars a user per month in the first, you know, couple years of fathom.”

“So we're actually gonna have first-class direct integrations with Claude and chat GPT, an MCP server for anything else you might use.”

“The first ten million we raised up until our seed round. Like I said, we did it over, like, seven, eight different rounds or tranches, if you will. Like, we did it all on safe notes for the most part. One part was price. And we did it from a lot of people. We …”

“We gave equity to, like, our first hundred users. Actually, I think it'd be like, 202 50. Like, borrowing kind of a page out of some of the crypto playbooks, it was like, if you were an early power user, we gave you a small bit of equity and fathom.”

“If transcription engines or like whisper and things come out a year later, we're probably dead.”

“We basically went zero to one to 10, and 10 to 30 in the first three years of Monetization.”

“We're one of the top three people by usage in this space, but we're not even, I think in the top five or 10 by fundraising amount.”

“I think a lot of our competitors have now raised a lot of money. And I think it's forcing them to monetize at the individual level.”

“We never had more than 12 months of runway for the first two, three years of the company.”

“I'm a big fan of kind of like attacking metrics in order of risk. I think a lot of people are like they launch and they're trying to monetize and get acquisition and prove retention. And I'm a big fan of like, okay, let's take those five kind of metrics and ta…”

“The average user is about 25 dollars. If you'll get across all our plans, but 25 dollars per seat. And then we probably average, I think around eight to 10 seats is our average.”

“Yeah, I think you could, you know, Hundreds of thousands of daily users.”