descriptive claim
Modal's monthly revenue increased from about $100 in November 2022 to $2,000 in December 2022 and $30,000 in January 2023.
Unresolved speaker · Why AI Compute Comes in Rectangles — Erik Bernhardsson, Modal CEO · 22 Oct 2026
In their words
The transcript segments this claim was taken from
“in, in our case, uh, wa- was the main thing that sort. So, so we went from like, you know, hundred dollars a month in like, I think like November twenty twenty-two, and the next month we did like two thousand dollars a month, and then like January twenty twenty-three, we did like thirty thousand all of a sudden. And, you know, so, so finally I felt this like massive just like anxiety thing off my chest. I'm like, maybe this is actually like we're onto something.”8:33Report a misattribution
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