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The secret lever Replit pulled to scale ahead of its competition | Amjad Masad (Co-founder and CEO)

The secret lever Replit pulled to scale ahead of its competition | Amjad Masad (Co-founder and CEO)

FromIn Depth


The secret lever Replit pulled to scale ahead of its competition | Amjad Masad (Co-founder and CEO)

FromIn Depth

ratings:
Length:
54 minutes
Released:
Feb 15, 2024
Format:
Podcast episode

Description

Amjad Masad is the co-founder and CEO of Replit, an online platform designed for collaborative coding in multiple programming languages. Replit boasts over 30m users, has secured $200M in venture funding, and was recently valued at $1.2B. Before Replit, Amjad was a Software Engineer at Facebook, and a Founding Engineer at Codecademy.

In today’s episode, we discuss:

How AI is reshaping the software landscape

Bridging the gap between ideas and software

Why YC almost rejected Replit four times

Replit’s fundraising difficulties, and how Paul Graham helped

The secret lever Replit pulled to scale ahead of its competition

Replit’s impressive distribution engine


Referenced:

7 Powers: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319/


Codecademy: https://www.codecademy.com/


Hacker News: https://news.ycombinator.com/


I Am a Strange Loop: https://www.amazon.com/Am-Strange-Loop-Douglas-Hofstadter/dp/0465030793


Mythical Man-Month: https://www.amazon.com/Mythical-Man-Month-Software-Engineering-Anniversary/dp/0201835959


On the Naturalness of Software: https://people.inf.ethz.ch/suz/publications/natural.pdf


OpenAI: https://openai.com/


Paul Graham: https://twitter.com/paulg


Python: https://www.python.org/


Read Write Own: https://www.amazon.com/Read-Write-Own-Building-Internet/dp/0593731387/


Replit: https://replit.com/


Roy Bahat: https://www.linkedin.com/in/roybahat/


Sam Altman: https://twitter.com/sama


The Innovator’s Dilemma: https://www.amazon.com/Innovators-Dilemma-Technologies-Management-Innovation/dp/1633691780/


The Little Schemer: https://www.amazon.com/Little-Schemer-Daniel-P-Friedman/dp/0262560992/


Y Combinator: https://www.ycombinator.com/



Where to find Amjad Masad:

LinkedIn: https://www.linkedin.com/in/amjadmasad


Twitter/X: https://twitter.com/amasad



Where to find Todd Jackson:

LinkedIn: https://www.linkedin.com/in/toddj0/


Twitter/X: https://twitter.com/tjack



Where to find First Round Capital:

Website: https://firstround.com/


First Round Review: https://review.firstround.com/


Twitter: https://twitter.com/firstround


YouTube: https://www.youtube.com/@FirstRoundCapital


This podcast on all platforms: https://review.firstround.com/podcast



Timestamps:
(00:00) Introduction
(02:31) Replit’s origin story
(08:24) Starting Facebook’s JavaScript infrastructure team
(10:36) Amjad’s unique path to entrepreneurship
(16:04) How Replit got its early users
(17:00) Replit’s fundraising difficulties
(17:54) Why YC almost rejected Replit four times
(20:23) Building Replit’s distribution engine
(22:08) Drivers of Replit’s growth
(27:41) What Silicon Valley gets wrong
(30:09) Replit’s monetization strategy
(32:29) Integrating AI into the platform
(36:18) The impact of AI on software engineering
(39:40) Defining the new “software creator” role
(41:43) How to keep up with developments in AI
(46:24) Replit’s goals for 2024
(48:11) Advice for founders: defy conventional wisdom
(51:12) Amjad’s 4 favorite books
Released:
Feb 15, 2024
Format:
Podcast episode

Titles in the series (100)

Welcome to In Depth, a new podcast from First Round Review that’s dedicated to surfacing the tactical advice founders and startup leaders need to grow their teams, their companies and themselves. Hosted by Brett Berson, a partner at First Round, In Depth will cover a lot of ground and a wide range of topics, from hiring executives and becoming a better manager, to the importance of storytelling inside of your organization. But every interview will hit the level of tactical depth where the very best advice is found. We hope you’ll join us. Subscribe to “In Depth” now and learn more at firstround.com