“Dumbest idea I’ve heard” to $100M ARR: Inside the rise of Gamma | Grant Lee (CEO)

“Dumbest idea I’ve heard” to $100M ARR: Inside the rise of Gamma | Grant Lee (CEO)

Published on Nov 13
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Lenny's Podcast: Product | Career | Growth
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<p><strong>Grant Lee</strong> is the co-founder of Gamma, the AI-powered presentation tool that’s one of the hottest and most interesting AI startups in the world right now. They’re valued at over $2 billion, and they hit $100 million ARR in just over two years, with a lean team of just around 30 people. Unlike many fast-growing AI startups, Gamma has been profitable for most of its history, has not raised significant funding, and they built a massive business in a category most investors dismissed. In fact, one investor told Grant his idea was “the dumbest idea he had ever heard.”</p><p><strong>We discuss:</strong></p><p>• How Gamma found product-market fit by rethinking their onboarding</p><p>• Their process for building a “word-of-mouth machine”</p><p>• How they leveraged more than 1,000 micro-influencers instead of big names</p><p>• Why focusing on the “first 30 seconds” transformed their business</p><p>• Their approach to pricing that led to profitability within months</p><p>• How...