Zerodha of travel industry
Instead of giving offer then charging it on payment page, they charge no convenience fees. lowest headcount lowest advertisement 40% CAGR 80% repeat customers in-house call center Partnered with local agents
VioletMovie
Midjourney's unique growth/distribution loop!
Midjourney made $200mn in revenue this year. 11 full time team members. Fully self funded. No apis, no enterprise clients; anyone who wants to use Midjourney has to use it via discord.
Their distribution channel is discord. Amazing pod!
10mo ago
VioletMovie
Accenture10mo
This AI wonder rejected every external funding offer that came its way.
“Ever since David Holz founded Midjourney in mid-2021, venture capitalists have been practically begging him to take their money.”
“On top of cold-calling and emailing Holz incessantly, some have asked his inner circle for “warm” introductions. Others have preemptively sent him term sheets. “
^ source https://medium.com/coinmonks/midjourney-generated-200m-in-revenue-with-0-in-investments-2ff6e6c6965e
Indusplateau
Stealth10mo
How is he manging the huge compute cost for training?
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