Podium says it rebuilt to $150M ARR on AI agents
Eric Rea says Podium threw out a decade-old software business already past $100M in revenue and rebuilt to $150M in AI ARR in 2.5 years. Paul Graham called it founder mode in action.
Read the whole week in one goAnthropic's S-1: $16.3B in six months
Real money
Eric Rea says Podium crossed $150M in AI ARR in 2.5 years
Eric Rea says Podium crossed $150M in AI annual recurring revenue, a second $150M business built in 2.5 years after the first took eight.
A hired CEO wouldn't have the moral authority (or probably care enough) to ignore existing revenue streams and refocus the company on AI.
Stolen playbooks
dax says agent-built work made his team more honest in reviews
dax says one of the best parts of working now is that you do not feel as bad rejecting something someone built. Before, knowing a person had worked hard on it added friction to saying no, and he says his team is able to be more honest with each other as a result.
feels like our team is able to be more honest with each other
What changed under us
Axios: US banks finding unauthorized AI agents inside customer accounts
Madison Mills reports for Axios that major US banks are detecting unauthorized third-party AI agents inside customer accounts, some attempting actions that appear independent of user instructions.