5 years into the 10 year overnight success

Meet Ram Jayaraman. He is co-founder of Plate IQ. He’s helping restaurants actually understand how much money they’re spending on their food bills. This is an $860 billion market that has no pricing transparency until now. Plate IQ is used by 3% of restaurants in major cities today, and just getting started. A lot of companies claim to use AI to automate manual tasks, but Plate IQ has done it. They process now over 1M invoices per month. They took an unprofitable process and scaled it with pure software, and in the process are building something that gives pricing transparency that never existed before. Full transcript here: https://blog.garrytan.com/how-to-doub... I’m Garry Tan, venture capitalist and cofounder at Initialized Capital. We were earliest investors in billion dollar startups like Coinbase and Instacart, and we’re spending time with some of our best founders to learn the secrets of their success and see the future they’re building. I’m doing my own run-and-gun one man YouTube channel with no staff or crew — we're going for raw and unfiltered, not perfect. Please like this video and subscribe to my channel if you want to see more videos like this! Learn more about Plate IQ at https://plateiq.com Learn more about the companies we fund, and how we work with them at https://initialized.com