Hamdi: Y Combinator AI startups are often 'fugazi' ChatGPT wrappers
Bassem Hamdi · He Makes $20m/Yr Selling Digital Robots to Companies · Jul 29, 2025 · at 13:24
Bassem Hamdi, founder and CEO of Brick, discusses how older enterprise automation companies contrast with newly formed generative AI startups.
0:00 / 0:08exact quote · 8.6s
720p mp4 · rendered on demand · StarZero watermark
“I think AI right now has a lot of like Y Combinator kind of fugazi with a couple of people and, you know, a chat GPT wrapper.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Bassem Hamdi
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 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…”