A Product Market Fit Show | Startup Podcast for Founders

He hit $1M ARR with just 2 people. 2 years later, he's worth $1.5B. | Ashwin Sreenivas, Co-Founder of Decagon

10 snips
Jan 12, 2026
Ashwin Sreenivas, Co-founder of Decagon, built a $1.5B AI startup in just two years with a lean team. He emphasizes the importance of engaging with over 100 potential buyers to identify significant pain points and validate high-value contracts early on. Ashwin shares his strategy of delaying hiring until hitting $1M ARR and how avoiding over-complicated strategies fueled his rapid growth. He also discusses the importance of delivering tailored solutions and using real customer feedback to pivot successfully in the competitive AI landscape.
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ADVICE

Talk To Customers Before Designing Strategy

  • Do stop over-intellectualizing your startup strategy and talk to customers instead.
  • Ashwin says customer conversations reveal real priorities and competitive differentiation quickly.
INSIGHT

Enterprise Support Was A Blank Space

  • Enterprise customer support was a surprisingly open space despite many chatbots.
  • Ashwin found complex, multi-system workflows created a unique enterprise pull.
ADVICE

Use A Real Price To Validate Demand

  • Test willingness to pay by asking buyers to pre-commit to a meaningful price.
  • Ashwin used a $150k/year pre-signed commitment to validate strong demand.
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