Sam Parr interviews Speaker B about building a billion-dollar company. At FuboTV, he saw how aggregating millions of users and merchants created valuable data. Now he's training a language model that lets people have conversations about any product in the world, turning that data into conversational commerce.
Chapters
You want to start something that can get to a billion in exit value in 5 years. You have a new company now. Is that the one that you think is going to do it?
So when I was at FuboTV, when I left, we were doing about $1 billion a year in revenue. I think about $700 million was the monthly subscriptions to FuboTV and then $300 million was the advertising. So I thought to myself, why are these companies coming to FuboTV? We're big, but we're not massive. So what we've done is we've built this huge infrastructure. We have thousands and thousands of merchants, tens of millions of views that kind of organically come into this dataset. We've trained a language model to understand nothing besides what's in that dataset, and then that can communicate to a user so they can have an ongoing conversation. Think about like not just Neiman Marcus or not just Macy's or not just a retailer who picked a couple hundred brands to carry, but you can essentially communicate back and forth with an inventory of every brand in the world.