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Our first launch geared specifically to support accountants is live, but how did Stack get built? In this episode of Ramptables, Victor Pires spoke with Mike Liu, Krishnan Chandra, and Graeme Mounsey on what went into building the AI operating system for today's top accounting firms.

13,861 次观看 • 2 个月前 •via X (Twitter)

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Nobody wants to be an accountant anymore. Basis CEO Matt Harpe thinks he can help. Founded in 2023 by Harpe and Mitchell Troyanovsky, Basis builds AI agents for accounting firms, automating hours of number crunching and copy-paste into a review process that takes minutes. Basis already works with 25% of the top 150 firms in the U.S. and reached a valuation of $1.15B in February. And far from eliminating jobs, Harpe believes his startup will help human accountants get paid. "It will increase how valuable accountants are, because they will be able to accomplish so much more," he says. On The Upstarts Podcast, Harpe shares: ▪️how Basis can stay ahead of the big labs like Anthropic and OpenAI in its vertical ▪️why outcome-based pricing is nice work, if you can get it ▪️how he pitches top AI talent in New York on building accounting tools, of all things. Plus, he shares his Upstart Moment: resisting calls to chase short-term revenue until his product felt ready for primetime. TIMESTAMPS 00:00 Introduction 01:47 The basis for Basis 07:25 Why no one wants to be an accountant any more 14:37 CEO Matt Harpe's founder journey 19:46 "The home for applied AI talent in New York" 22:58 Winning over skeptical accountants as customers 28:41 A big bet on agents from the start 31:31 Outcome-based pricing and its challenges 35:52 Competing with the big AI labs like OpenAI 41:11 Making human accountants more valuable A big thanks to our season sponsor, Rippling, for supporting founder stories like this 🫡 Enjoy!

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"AI will reduce your bottom line and stablecoins will ultimately increase your top line." kareem saw this coming early. He positioned Entendre to build FOR stablecoin native companies, instead of building one himself. As stablecoins began to solve real problems, the winners would grow into massive businesses onchain with complex books to close. So he built the accounting tooling those companies would need to scale. Before Entendre, he built cash management systems at Workday, then joined WeWork at peak valuation, where 300+ accountants couldn't keep up with the accounting at scale. When ChatGPT launched, he founded Entendre with his brother Omar and designer Andy, and the three of them built AI accounting software for some of the fastest growing organizations in the world. They built agents to automate stablecoin and digital asset accounting for companies like Polygon Labs, Brale, Courtyard, and Babylon Labs. In the last 12 months, their customers have raised over $1 billion in venture capital. Last month MoonPay 🟣 acquired the company to power the financial operations layer of the stablecoin economy. His bet: by 2030 half the accountants will have retired, every dollar moving onchain still has to land in a ledger, and agents are how the books get kept. Kareem's conversation with : 1:30 - Youngest engineer on Workday's financial side 6:44 - Why everyone used to fight over the general ledger 10:11 - WeWork at peak valuation and 300 accountants falling behind 13:05 - How he built Cloud Kitchens' money platform from scratch 19:22 - 3 million CPAs, $100T GDP, and 50% retiring by 2030 21:04 - Why stablecoins grow top line and AI cuts bottom line 23:41 - Three levels of AI adoption and where most people are stuck 29:00 - How ChatGPT's launch led to founding Entendre 31:29 - Customers who've raised over $1 billion in VC 35:37 - Polygon Labs: 32 legal entities on one platform 37:51 - Dual Entry and the $90M AI-native ERP partnership 38:33 - Why MoonPay acquired Entendre 43:17 - First startup, first exit, first time raising capital 52:44 - 10x revenue growth and the 2025 inflection point Episode 0052. Presented to you by Altitude

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22,377 次观看 • 2 个月前