A.I. Helped One Man (and His Brother) Build a $1.8B Company

5 pointsposted 41 minutes ago
by jbredeche

1 Comments

zacharyozer

6 minutes ago

Interesting baseline of how much AI can help with the profitability of a business:

> By the end of last year, Medvi had reached $401 million in annual sales and amassed 250,000 customers. It produced 16.2 percent in net profit, or $65 million, with spending going to the fees for telehealth platforms, marketing and then software. Hims, by contrast, had a net profit of 5.5 percent last year.