“We were charging $100 a month for an AI that was actually just two guys eating pizza,” says the co-founder of a company now valued at $1 billion

AI note-taking startup Fireflies received a $1 billion valuation earlier this year after launching its AI meeting companion app Talk to Fireflies. That’s an impressive feat for a company founded by “two broke guys” – especially since one of its co-founders recently revealed that its AI transcription service was originally powered by both founders typing notes by hand.

“We charged $100 a month for an AI that was actually just two guys eating pizza,” Firefly co-founder Sam Udotong proudly explained in a LinkedIn post earlier this week (via Futurism).