Disclosure certainty 3/5 debate potential 2/5

Lee: Smith.ai raised on a SAFE cap near $100M

Aaron Lee · Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month · Aug 28, 2023 · at 16:41

Aaron Lee, co-founder and CEO of Smith.ai, discusses the valuation cap on the company's most recent convertible financing round.

0:00 / 0:05exact quote · 5.8s
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“Oh, it's much higher than that. I think it's higher than that. It was like close to more like a hundred.”

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 Aaron Lee

Opinion
Lee: Private Business Calls Create A Data Moat Against Public LLMs
“ChatGPT, they're using all the public data, public information, but there's so much information that is not public, like all the claws in the chest for the company and for the businesses, they're not. So we have all the advantage.”
Aaron Lee Aug 28, 2023 ▶ 15:20 Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month
Opinion
Lee: Today's AI startups are unproven UI wrappers lacking revenue
“If you look at all the AI companies today, they have a nice, I call the UI wrapper on top of AI or chat GPT, but the revenue is very lacking. It's unproven.”
Aaron Lee Aug 28, 2023 ▶ 17:17 Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month
Assertion Not checkable as stated
Lee: Smith.ai crossed $20M ARR run rate
“We are doing, I think like a few months ago, we crossed twenty million dollar annual rate.”
Aaron Lee Aug 28, 2023 ▶ 11:58 Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month
Assertion Not checkable as stated
Aaron Lee: All 600 Smith.ai employees and agents are in North America
“They're all in North America.”
Aaron Lee Aug 28, 2023 ▶ 14:10 Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month
Assertion Not checkable as stated
Lee: Red Beacon Surpassed $10M Revenue Before Home Depot Acquisition
“Yeah, I think it was some, somewhere like 10 plus around time, but”
Aaron Lee Aug 28, 2023 ▶ 3:46 Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month
Disclosure
Aaron Lee: Smith.ai founders invested hundreds of thousands of personal capital
“Oh, hundreds of thousands of dollars. Yeah. Yeah. It's not, not small amount. It's significant.”
Aaron Lee Aug 28, 2023 ▶ 9:08 Smith AI Breaks $22m ARR Helping Companies Manage Voice, Chat Support, $100m Cap, Burning $300k per Month
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