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Startup Stories - Mixergy

#2297 Elad Gil backed 40 unicorns. This is next

Startup Stories - Mixergy

Andrew Warner

Motivation, Business, Startups, Improvement, Entrepreneur, Mix, Society & Culture, Education, Tips, Management & Marketing, Ambition, Synergy, Energy, Growth, 581719, Money

4.5591 Ratings

🗓️ 24 February 2026

⏱️ 45 minutes

🧾️ Download transcript

Summary

Elad Gil was an early investor in 40 unicorns, including major AI companies like Perplexity. I asked him what’s next for software companies now that AI can code better than humans, and what he’d invest in after AI.

Elad Gil is the Founder & Investor at Gil Capital, his private investment firm. He has backed some of the most iconic technology companies of the past two decades, including Airbnb, Stripe, Coinbase, Instacart, OpenAI, and SpaceX. A former executive at Twitter and Google, Elad is known for identifying major technology waves early — from social to SaaS to AI — and helping founders build category-defining companies.

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Transcript

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0:00.0

People always say, oh, when's the first billion dollar single person company?

0:02.8

That was Minecraft. That was over a decade ago. You invested in everything from Notion, Open Door, PagerDuty, Andril, Airbnb. Basically everything software is AI. It's going to put the power of building things in the hands of millions of people who couldn't do it before. It's already doing that. What are you seeing today that's exciting for the future?

0:21.5

I got with me, Elad Gill, the guy with two first names and an incredible fricking track record.

0:32.0

Presented by Zapier, the AI Automation Company.

0:35.4

What are some of the big ones in your arsenal?

0:38.5

Yeah, let's see. Definitely Andrewle, Airbnb, Coinbase, Instacart, Stripe, Square, a little bit of SpaceX,

0:50.3

Open AI, perplexity, a couple other things, cognition.

0:55.0

Yeah.

0:56.0

By the way, we could keep going on and on and on.

0:59.0

We could do the whole thing with just us listing this.

1:01.0

And when I asked you before we got started, can you give me a moment when you knew you made it?

1:05.0

Can you tell people what you said to me?

1:07.0

I hadn't felt like I made it yet.

1:09.0

Why not?

1:10.0

It's a couple of things. One is, it depends on even if I made it, right? Like I feel like I'm at a point in my career where I can finally start doing interesting things because there's enough leverage to do it. But I think fundamentally, Mata could mean what's the impact you're having on the world. It could mean what have you built or done that's important or relevant. It could mean financial success.

1:30.7

It could mean familial success. It could mean all sorts of things. And I think part of it is I feel

1:35.0

like there's a lot of stuff to do and there's so much ahead that has to happen. So I definitely

1:40.1

don't feel like I've made it from all those perspectives. And then, you know, it's interesting. You look at somebody like Elon Musk and you're like, what an inspiring figure. And look at all the stuff he's done. And I know founders who are very successful who look at him and they're like, I've done nothing compared to this guy. I have to keep going. And so I think it's all kind of relative, right? Like a lot of my friends have done extremely well. They've built major companies. Because you're surrounded by people who've done so much, you feel like I haven't done enough? Yeah. Well, I've always, I've never felt like I've done enough. So I remember I was like 16 and I was having like an existential crisis of like,'m 16 I haven't done anything yet what's going on

2:18.3

I've ruined my life you know and so I think it's a personality trait partially and then partially

2:23.4

as you see these really cool things that people are doing and you're like I want to do more right like

2:27.0

Patrick from stripe started arc a biology institute like one of the first new major biology

2:31.5

institutions in decades it's doing really interesting things, right?

...

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