All Quotes

# efficiency31 quotes

EFFICIENCY

Our cost to serve a customer is 85% lower than a traditional bank. When your competitor has 4,000 branches and you have zero, the math is on your side.

cost-advantagedigitalDavid Vélez, investor presentation

Our AI chatbot does the work of 700 customer service agents. That's not a talking point — that's our actual headcount reduction.

aidisruptionSebastian Siemiatkowski, earnings call

The average company wastes 5% of their spending on duplicate subscriptions, overpriced contracts, and inefficient processes. We find it and kill it.

aiefficiencyEric Glyman, product launch

The key to making tunnels affordable is making them smaller. A car is about 6 feet wide. Why are we boring 28-foot tunnels?

efficiencyengineeringElon Musk, TED Talk 2017

When you hire someone in Rippling, they get their payroll, benefits, laptop, software access, and corporate card in one click. Try doing that with five different vendors.

efficiencyintegrationRippling product demo, widely cited

The best sales tool is the one that saves you time. If I can find a verified phone number in 3 seconds instead of 30 minutes, that's 10x more calls per day.

efficiencyproductivitySeamless.AI product messaging, 2023

Getting credentialed with insurance used to take a therapist 6-12 months of forms and phone calls. We do it in weeks. That's the difference between a therapist accepting insurance and going cash-only.

efficiencyhealthcareAndrew Adams, podcast 2023

We credential therapists in weeks. The old way took six to twelve months. That's not innovation — that's just doing the obvious thing that no one bothered to fix.

credentialingefficiencyJake Cooper, Forbes interview, 2023

In Spain, you get a home equity loan in a week. In Brazil, it took six months of paperwork. We brought it down to days. Technology didn't change the product — it changed the speed.

efficiencyfintechSifted Interview, 2022

OpenAI has 1,500 employees. Stability AI had 300. We have 40. Forty people generating $200 million in revenue. That's not a company — that's a leverage ratio.

efficiencyprofitabilityTechCrunch Interview, 2023

Our models are smaller and faster than GPT-4 for most tasks. Bigger is not always better. Efficiency is the real breakthrough — not throwing more GPUs at the problem.

aiefficiencyTechCrunch Interview, 2024

Every company we buy, the first thing we do is look at the P&L and ask: where is the waste? Software companies are shockingly wasteful before PE ownership.

Eighty percent of internal tools look the same. A table some forms and a few buttons. Why is everyone rebuilding this from scratch.

The role of business is to create products and services that make people's lives better while using fewer resources.

We had 55 employees when Facebook bought us for 19 billion dollars. That is 345 million per employee. Keep your teams small.

We made 6.2 billion dollars in profit in the first half of 2024. With fewer than 100 employees. Find me a more efficient business.

You do not need to have a 100-person company to develop that idea. It might take five people.

The best acquisition is one where the customer base stays and the costs go.

The corporate headquarters should be small enough that everyone knows everyone. Fifty people can run a $3 billion company.

An AI avatar doesn't call in sick, doesn't need makeup, and speaks 130 languages. That's hard to compete with.

We're not replacing human creativity. We're replacing the expensive, boring parts of video production.

Blockchain in finance isn't hype if it actually reduces costs. Provenance reduces costs.

80% of data science is repetitive work. We automated it.

100 satellites tracking every ship, plane, and weather pattern on Earth. From space. For less than a traditional weather station costs.

I had 12 employees and $360 million in revenue. People say I'm not self-made. I say: show me another 12-person company doing $360 million.

efficiencyentrepreneurshipForbes interview, 2019

We had 13 employees and 30 million users when Facebook bought us. That ratio tells you everything about how software should work.

WhatsApp had 450 million users and 55 employees. That ratio told me everything I needed to know.

efficiencyinvestingSequoia blog post, 2014

The secret to business is to find out what your customer really needs and cut everything else.

Due diligence used to take weeks. Our platform does it in hours. The accuracy is the same or better.

A tomato that costs the farmer 5 rupees sells to the restaurant at 40 rupees. Five middlemen take their cut. We cut four of them out.

Discovery has always punched above its weight. We do more with less than anyone in this industry.

cultureefficiencyDiscovery Communications Annual Meeting, 2019