Quote · My First Million
How Replit Agent made $1M on day one (then $250M in a year)
Where this was said
Amjad's business ideas
At 35:55 · chapter starts 33:05
AI has made it possible to build a multimillion-dollar business without venture capital or a big team. The best opportunities aren't hyperscale plays — they're the boring local industries nobody has computerized yet. Ice rink management software in England is already at $100K ARR.
A UK founder building niche SaaS for ice rink management is already at $100K ARR and on track for $1M, illustrating the 'local vertical software' opportunity.
Amjad Masad says we're already inside the technological singularity. AI model releases have compressed from every two years to every few weeks, and the second derivative of progress is itself exponential — meaning we genuinely cannot model what comes next.
