4.6 • 12 Ratings
🗓️ 24 January 2025
⏱️ 5 minutes
🧾️ Download transcript
The seven-year-old startup took years to figure out its product, which uses AI to filter up better data on sales leads. Now it’s growing fast, with tens of millions in revenue and a valuation that’s doubled in six months.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Click on a timestamp to play from that location
0:00.0 | Here's your Forbes Daily Briefing for Friday, January 24th. Today on Forbes, Clay, a secret weapon for |
0:09.4 | Anthropic and Open AI, boosts valuation to $1.3 billion. When Clay CEO Karim Amin logged |
0:19.0 | off in September 2021 to embark upon a 10-day meditation |
0:22.9 | retreat, he had the future of his business to think about. |
0:27.0 | Four years of work on the New York-based startup had seen Amin tinker on a few ideas in pursuit |
0:31.9 | of a grand vision of making programming more accessible for everyone, developers and |
0:36.7 | non-coderes alike. |
0:38.6 | But Amin felt like he was at a crossroads. |
0:41.6 | Clay had landed on a product that functioned as a no-code internal app builder for anyone |
0:46.8 | in a business, be they an accountant, marketer, or salesperson. |
0:51.3 | A supercharged spreadsheet connected outside data sources for them in one spot. Other software |
0:56.6 | helped them manage workflows. Another allowed them to program in whatever else they wanted. |
1:02.3 | But with users, one unglamorous application for Clay's software was resonating above all. |
1:07.8 | Go-to-market efforts, centered mostly on the spreadsheet part. There, growth teams |
1:13.1 | responsible for filtering up the best leads to their sales colleagues were collecting intel, |
1:18.2 | like what other software tools prospects were already using, who their own clients were, |
1:22.8 | and where potential decision makers used to work. This wasn't the highest-impact use case that Amin could |
1:28.5 | imagine, but it was what customers needed, he realized. Instead of building the biggest possible tool, |
1:34.7 | Clay just needed to build something useful. Amin told Forbes, quote, I had this internal pressure |
1:40.7 | of ambition about the kind of impact we could have in the world, we would |
1:44.3 | switch from one manifestation of the idea to another. Removing that, paradoxically, has allowed us to |
1:50.3 | potentially realize that ambition. Narrowing Clay's aperture from a do-anything horizontal |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forbes, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forbes and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.