How Replit Agent made $1M on day one (then $250M in a year)
5/7/20261 hr 20 min
Want to build an AI side hustle? Get the free AI Side Hustle Crash Course: https://clickhubspot.com/lkb Episode 821: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Replit founder Amjad Masad ( https://x.com/amasad ) about growing 100x in one year. — Show Notes: (0:00) 2.5M to 250M in 1 year (10:28) the darkest hour (17:00) pivot, pivot, pivot, until it hits (28:19) companies exploding with Replit (33:05) Amjad's business ideas (38:44) "we are in the singularity" (51:24) best business biography (53:23) getting on Joe Rogan (57:00) slowing down under pressure (1:11:08) Vercel scandal (1:13:35) lifestyle upgrades of being a billionaire — Links: • Replit - https://replit.com/ — Check Out Sam's Stuff: • Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /
Clips
Transcript preview
First 90 secondsAmjad Masad· Guest0:00
We went from 2.5 to $250 million in one year.
Sam Parr· Host0:04
Did you say 2.5 to what?
Amjad Masad· Guest0:06
To 250.
Shaan Puri· Host0:07
In one year.
Sam Parr· Host0:08
Did you get audited?
Shaan Puri· Host0:08
The first time you came on this podcast, Replit's revenue was, like, $3 million. I feel like I've heard that you guys are close to 500 million in annual revenue now.
Amjad Masad· Guest0:18
We're on our way to a billion this year, I'll just say that.
Shaan Puri· Host0:20
He was deadlifting before it's cool. He likes sales before it's cool. You're... Y- he's got range. My guy's got range.
Amjad Masad· Guest0:27
The idea of, like, losing to some kind of [beep] competitor [laughs] is, like, the worst feeling in the world. I'll [beep] call, I'll show up to their office, we'll do whatever we need, and we rarely lose deals.
Sam Parr· Host0:37
Are there any interesting trends that you're seeing in AI and on the Replit platform?
Amjad Masad· Guest0:42
I think for the first time, because the making software is cheaper, you can actually create a multimillion-dollar business and not have to raise venture, not have to grow the team a whole lot.
Sam Parr· Host0:51
Do you think that we are, like, 12 months or something like that away from, like, the world changing dramatically?
Amjad Masad· Guest0:57
I think we are in the singularity.
Sam Parr· Host0:59
I just Googled it, how many billionaires are under the age of 40. There's only 71.
Amjad Masad· Guest1:03
Really?
Sam Parr· Host1:04
Of all the people under 40, you are probably in the top 1,000 richest ever.
Shaan Puri· Host1:07
You just made his day. Look at that smile.
Amjad Masad· Guest1:09
I'm having mixed feelings, Sean.
Speaker 4· Soundbite1:11
Yeah. I feel like I could rule the world. I know I could be what I want to. Uh. I put my all in it, like no days off. On the road less traveled, never looking back.
Shaan Puri· Host1:21
Dude, so the first time you came on this podcast, I'm pretty sure Replit's revenue was, like, $3 million or $5 million.