DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Startup Founders Pretend to Be AI, Raise $1B
Startup Founders Pretend to Be AI, Raise $1B

Startup Founders Pretend to Be AI, Raise $1B

Update: 2025-11-25
Share

Description

Two startup founders, Sam Udotong and Krish Ramineni, initially posed as an AI bot named Fred to validate their product idea, manually taking notes for over a hundred meetings. Their unconventional approach, shared on LinkedIn, sparked debate about startup practices. Despite financial struggles, they offered a human-powered note-taking service, hinting at AI but not disclosing it was manual. Now valued at $1 billion, they stopped manual note-taking and developed their AI, securing over $4 million in seed funding. This story highlights the controversial practice of pretotyping in the tech world.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Startup Founders Pretend to Be AI, Raise $1B

Startup Founders Pretend to Be AI, Raise $1B