Alex Hormozi
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I even, you know, we had a conversation with Amjad, who's Replit's CEO, one of the key, I think they're at $150 million or something, ARR, in a very short time period.
And we had a conversation about people who use Replit to vibe code software.
And interestingly, I think he mentioned one or two examples and they have like lots and lots and lots and lots of customers of like $1 million businesses, $2 million businesses that use the vibe coded software.
And so I think that it is getting better and better.
Is it there yet?
I think it has struggled to have the robustness of I'll just call it manual or human based software But I think that will get fixed in time and probably relatively quickly before right now It still does take time and takes years to make a truly good product that is also scalable So sure, maybe you can sell it to a handful of people but can it support a million users?
Not currently the vibe coding wrong but
It's shaped this way because taking out vibe coding for a moment, once you do have product market fit, the way that Y Combinator describes this is that getting product market fit is like pushing a boulder up the hill.
And once you have it, it's like chasing, getting chased by the boulder on the other way down, right?
Is that you're chasing after this because you have so much more demand than you can even handle and like the wheels come flying off.
So it's shaped this way because it's hard to build a good product.
Engineering is, especially good engineering, is incredibly expensive.
You have to front that capital because you have no income, right?
Think about this.
The rest of these businesses, you can get pretty close to bootstrapping.
SAS, the reason there is such a big venture capital industry is because it costs
money, millions of dollars to get the level of talent required to make great products in engineering.
And you have to front that for like a year, sometimes two years before you even turn a dollar, right?
And definitely not enough dollars to make it profitable.
And so you have this very long, very unprofitable runway.