Jack Altman
Coverage of Jack Altman in the Nexus archive.
- DoorDash CEO Tony Xu once thought his $87 billion company would only make $100 million. He tells founders to be ‘greedy’ and dream bigger
DoorDash CEO Tony Xu advised entrepreneurs to avoid setting low revenue goals, recalling his initial $100 million projection for the company, which is now valued at $87 billion. DoorDash's first-quarter revenue reached $4 billion, and total orders grew 27% to 933 million. Xu and other founders, like Chess.com's Danny Rensch, emphasize the importance of ambitious, unconventional thinking in building successful ventures.
- DoorDash's CEO worried a Taco Bell partnership wouldn't work. Instead, it revealed a truth about food delivery
DoorDash CEO Tony Xu doubted a Taco Bell delivery partnership due to potential extra costs, but the success of the collaboration revealed that customers value convenience despite higher prices. The partnership expanded nationally, showing people's willingness to pay a premium for food delivery.
- A Princeton grad built a $30 million AI detection business. Now he's selling it to Superhuman.
Superhuman is acquiring AI detection startup GPTZero, cofounded by Princeton grad Edward Tian, which generates $30 million in annual recurring revenue and has 19 million users. The acquisition expands Superhuman's focus on AI authenticity tools, including integrating GPTZero into its productivity suite.
- Bill Gurley, Jack Altman back startup Pursuit, which helps companies sell to government
Pursuit, a startup helping companies sell to government agencies, raised a $22 million seed round led by Mike Rosengarten, co-founder of OpenGov, with participation from notable VCs including Bill Gurley and Jack Altman.