The Ledger
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Tom Blomfield says software startups are reaching revenue milestones faster than ever
“So getting to a 1,000,010 million, a hundred million of revenue with a software idea had is just happening faster and faster than ever.”
Monzo scaled to 500k users with unit economics of -£30 to -£40
“In the early days of Monzo, we were at -30 or -40 pounds per customer per year, and we scaled to half a million customers before we fixed them.”
Blomfield: YC startup Den is building a 'Cursor for knowledge work'
“There's a company in the current batch called Den, basically building cursor for knowledge work. That's trying to chain together all of these different MCP servers, which basically a way to call tools for agents.”
Blomfield: Major AI coding tools will soon auto-ingest error logs
“It's so powerful that pretty soon I actually expect all the major coding tools to be able to ingest these errors
Without humans having to copy paste.
If you think about it, our value being the copy paste machine is, is kind of weird, right?
We're like, we're l…”
Blomfield: Monzo Reached 1M Customers Before Spending on Direct Marketing
“We got to a million customers at Monzo before we spent any money on direct marketing or advertising.”