Brendan Foody

speaker

1,144 appearances 2 recordings 2 series first heard Jun 2026 last heard 1 Jun

Brendan Foody’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 2.

Appearances

newest first · ▶ plays the moment

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 20VC: Mercor CEO on Why Application Layer Companies Have No Defensibility, The Model is the Product | Token Spend Will Exceed Headcount Spend in 5 Years | The True Cost of Hiring AI Researchers in the Valley Today with Brendan Foody · 1 Jun 2026 podcast

And that's the way that most labs have been scaling out their data quite horizontally.

And so for that reason, we are finding that

The labs tend to prefer partnering with a very horizontally capable vendor that is able to flex across all of the different verticals and scale extremely quickly rather than working with a hundred different vendors that they have to train for the same data shape and a hundred different domains.

I think there will.

I think in most markets, when the markets are so frothy and anyone can get funding and run negative margins, of course, there's going to

be this proliferation of companies that pop up.

And when markets come back to earth and there are natural corrections, that's when there's periods of consolidation.

And so we view having over 500 million in cash and a super profitable business as a significant asset and allowing us to be prepared for when there is a market correction to make sure that we consolidate market share.

You're profitable today?

Very profitable.

How long have you been profitable for?

We've never really burnt cash.

We burnt a half a million dollars after our seed round.

And then from there, we've pretty much been profitable ever since.

We have more cash than we've ever raised.

And it's just because the business has grown so quickly that we obviously try to redeploy capital as fast as we can to invest in growth.

But yeah, the business has grown so fast that we haven't been able to redeploy capital commensurate with that.

I can't share the exact revenue number, but it's dramatically higher than whatever has been posted publicly.

So the revenue is between a 30 and 40% gross margin.

But the key distinction and why it's not GMV but is revenue is that the experts are actually only one part of the broader value chain that we deliver to customers.

Showing 141–160 of 1,144 · page 8 of 58