My jaw literally dropped today.I had a conversation with the CEO of a startup that just blew me away.
He told me how just two people — himself and his co-founder (yes, they’re both incredibly talented, but still...) — managed to raise a SEED round two months ago. And within a month, they already have a working product in production, partnering with major U.S. suppliers, in a traditional industry that’s heavily regulated and full of complex risk management requirements.
I was stunned by the pace and speed. It’s rare — almost unheard of.
Naturally, I asked how many people they’ve hired to develop such a complex product — risk management systems, POCs, marketing, sales, customer management... it sounded like a serious undertaking.
His answer? Zero. Just agents. AI agents.
And what surprised me even more was his claim that if they had 10 people on the team, they wouldn’t have…
That is sickening which makes it hard for Good Companies to raise fund. This happens even in The USA. With all the rules. It is time to bring harsh penalties.