Andrew Unger

investing and recruiting at the frontier. let’s connect.

[Andrew Unger @unger]

A home and a Country

Do not lose all hope for us
Though faint, some faith I hold
The pages are still numbered
Some truth can still be told

Each day the plot unravels more
The author can’t be sane
At least we stand united that
the other side’s to blame

@PoetrySociety

[Andrew Unger @unger]

@ian_dot_so Very perceptive

[Andrew Unger @unger]

@ian_dot_so @tryramp Great role

[Andrew Unger @unger]

@ScottWu46 Awesome

[Eric Glyman @eglyman]

I grew up in Vegas. You learn to spot a slot machine...

[Scott Wu @ScottWu46]

Measuring someone's productivity by their token usage is a horrible idea. Giving everyone the same fixed token budget isn't much better. So what's the right way to roll out AI across your org?

We built a system to measure how many productive engineering hours every Devin task is worth, validated against a dataset of real engineers’ times estimates. The goal is to answer the fundamental question that companies are grappling with: how much real value are you getting from each of your agent sessions?

On top of that, we're giving an AI productivity guarantee! Now if Devin delivers less engineering value than you're paying for, we fund your usage until it does.

The whole industry needs to move from measuring activity to measuring output. We hope to see more AI companies taking this approach.

[Karim Atiyeh @karimatiyeh]

Most companies slow down at scale.
Ramp is accelerating.
70,000+ businesses now run on Ramp. AI agents are becoming part of the finance team. And @RampLabs is shipping frontier experiments every week.
Today: $ 44B.
The next chapter of finance will be agentic and we’re building it.

[Eric Glyman @eglyman]

Introducing Stack.

The AI operating system that lets accounting firms take on more clients without hiring. Learns your firm's process, runs the close, posts the journals. Fully auditable.

We’re living through the biggest shift in accounting since the spreadsheet.

[Ali Ansari @aliansarinik]

I’m excited to announce micro1 has raised a $35M Series A, valuing us at $500M. This round was led by 01A with @adambain joining our board of directors.

We’re grateful to be partnering with leading AI Labs & fortune 10s, such as Microsoft, to train frontier LLMs.

We’re just getting started building the infrastructure layer for AGI, with the ultimate goal of answering the very fundamental question: “where should humanity spend its time?”

[Conversion Capital @ConversionCap]

Infinite teams, infinite markets. Congratulations @tryramp

[Eric Glyman @eglyman]

Today, @tryramp raised $500M at a $22.5B valuation.

Finance is at an inflection point. How does an industry change?

Gradually, then suddenly. Decades where nothing happens; months where decades happen.

Now, we’re teaching software to think like people. Exciting times ahead.

[Packy McCormick @packyM]

Slope over intercept.

From when Ramp raised at a then-crazy-seeming $1.6B valuation.

[Conversion Capital @ConversionCap]

Last week, @cognition_labs dropped Devin 2.0 last week. This isn’t just dev productivity - it’s the beginning of AI rewriting the core infrastructure of finance, healthcare, government, etc.

“AI is not just a wedge - it’s a chisel for legacy itself.”

Our breakdown of what comes next:
https://t.co/gIg4URQnjR

#fintech #AgenticAI

[Cognition @cognition]

Introducing Devin 2.0: a new agent-native IDE experience.

Generally available today starting at $20. 🧵👇

[Dhruva Rajendra @dkrajendra]

I’ll be speaking at @tectonicdefense tomorrow!

Get there by 2 (link below)

South Congress Hotel, 1603 S Congress Ave, Austin, TX 78704

[Conversion Capital @ConversionCap]

Legacy systems are the enemy of innovation. Vesta is rewriting the mortgage infrastructure playbook, proving that 'the way it’s always been done' isn’t the way forward. Excited to see their LOS push the industry into the future. 🚀 @useVesta #Fintech #MortgageTech

[Eric Glyman @eglyman]

“Investors were most excited when they saw that over half of every dollar that @tryramp puts into payroll goes into R&D.

That's just really different.

It's what drives the experience where customers today feel that every year they use Ramp it's getting dramatically better.

It took us 4 years to save our customers a billion dollars, automate 10M hours of work. We did what took us 4 years earlier in the company within 1, and so it's accelerating.”

Thank you @Kr00ney for the in-depth conversation on Ramp

[Andrew Unger @unger]

@KamalaHarris is murdering @realDonaldTrump. It’s a bloodbath.

[Modal @modal]

Thank you to @Redpoint for recognizing Modal in the 2024 #InfraRed100 list, which recognizes the top private companies in cloud data infrastructure, for the second year in a row! ❤️

Read the full report here: https://t.co/18BE16RJMW

[Eric Glyman @eglyman]

This is going to be an incredibly high quality event — @rauchg and @leeerob and the @vercel team are doing some of the most interesting work in Applied AI right now, and @koblovinamerica and @nzgb are going to share a lot of interesting work coming through at @tryramp. Join us!

[Jacob Wallenberg @JacobWallenberg]

back on my ~annual attempt at writing. Get action

https://t.co/hkZgdBw0u6