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Chronicles

The story behind the story

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Replit raised a $400M Series D led by Georgian Partners at a $9B valuation and says it is on track to hit $1B in annual recurring revenue by the end of 2026

Amjad Masad's Replit allows users to build apps together like they're doodling on a white board.  It also made the Jordanian immigrant a billionaire along the way.

Forbes Richard Nieva

Discussion

  • @amasad Amjad Masad on x
    We've raised $400M at a $9B valuation. Investors include Georgian, G Squared, Prysm, 1789, YC, Coatue, a16z, Craft, and QIA, with strategic investments from Accenture, Databricks, Okta, and Tether. We're also lucky to have incredible individuals backing us, including Shaq and [vi…
  • @tbpn @tbpn on x
    “We're trying to hire as many new grads as we can. We're finding that a lot of young people are agentmaxxing.” - Replit founder @amasad Amjad says that despite the “doom and gloom” around entry-level jobs, this is actually a “golden era” for young people who know how to use AI [v…
  • @spotn00b Rick Delashmit on x
    “We're building the platform for the next generation of creators.” There's no shortage of impressive technology these days, but @Replit is technology that inspires and drives creativity for everyone. It's where you put your ideas to work. $400 Million Series-D today at a $9
  • @replit @replit on x
    We've never been more excited about what's ahead. We're investing in helping millions of builders put their ideas to work.
  • @aakashgupta Aakash Gupta on x
    Everyone's comparing vibe coding tools on speed. Replit is playing a completely different game. Lovable just crossed $400M ARR. Cursor passed $2B. Both optimized for the same variable: how fast can one person ship software alone? Agent 4 is a bet that solo building hits a
  • @habibihashir Hashir Jaffry on x
    > Be like @amasad. > Builds software at 12 yrs old in Visual Basic and sells it to LAN gaming cafes to automate admin work > Makes enough money from it by 14 and takes his school friends out to McDonald's in Jordan (which was really expensive), instantly becoming the cool
  • @justindross JD Ross on x
    Wait... has nobody told anyone in Silicon Valley about Jared Leto? This is just some of what's been publicly accused: https://www.theguardian.com/ ...
  • @mehdirhasan Mehdi Hasan on x
    Wow
  • @adoricko Augustus Doricko on x
    I am glad @amasad is a billionaire
  • @jasonlk @jasonlk on x
    One thing that has inverted venture in Age of AI is that AI leaders are so, so much better as they scale. Replit is literally 100x a better product — at least for folks that want to get products into production — that when it raised at $3B last year. So, so much better. So
  • @amasad Amjad Masad on x
    It's really hard to describe the joy of multitasking over a canvas powered by parallel agents where all your assets are laid out for you to work with. You have to try it! [video]
  • @tmuxvim @tmuxvim on x
    my career in software began in a room with Amjad in NYC, back when he was the first engineer at Codecademy. I was there interviewing for a summer internship while at art school. I got the internship, and that summer I dropped out and turned it into a job I stayed at for 3 years.
  • @aakashgupta Aakash Gupta on x
    Replit just 3x'd its valuation in 4 months. $3B in September, $9B today. The investor list is stacked. Georgian, a16z, Coatue, QIA, Accenture, Databricks. Shaq and Jared Leto for good measure. But the real signal is what Replit is being valued against. Cursor hit $2B ARR this
  • @weswinder Wes Winder on x
    now we know why bro was rage baiting dev twitter
  • @andrewbenson Andrew Benson on x
    he's officially a billionaire now with 11% of the company https://x.com/...