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Jaeden Schafer

πŸ‘€ Speaker
3150 total appearances
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AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

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AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

Let's get into the episode.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

Resolve AI just reached a $1 billion valuation.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

This is a startup that is building an autonomous site reliability engineer, or an SRE.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

Essentially, it automatically maintains software systems.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

This is their Series A that they've just raised, and it was led by Lightspeed Venture Partners.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

There's a bunch of people that are looking at this deal that have kind of been putting off these...

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

hints and tips on what's happening.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

But obviously, Lightspeed Ventures is a major VC firm.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

So it's kind of top tier what's going on.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

One thing that's interesting in this deal, according to a bunch of people that are kind of insiders, is that like technically the headline valuation is that it's a $1 billion valuation.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

But there's actually a bunch of different, um,

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

levels to this round.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

So there's kind of a multi-traunched structure.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

And under that, many of the investors bought in at a lower valuation than a billion dollars.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

But the kind of final investors that came in bought in at a billion dollars.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

There's actually a lot of rounds, a lot of like fundraising that will do that.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

They're like, hey, you know, for our first hundred million dollars, we'll do this valuation for the next hundred million dollars.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

It increases or, you know, a hundred thousand for smaller companies.

AI HR
Unpacking Resolve AI's $1B/$4M ARR Unicorn Journey

And it kind of the people that get in later are getting at a