Samay (@samaysham) header
Samay (@samaysham) profile picture

founding team @ThriveHoldings (hiring), prev. engineering @tryramp

NYC
Joined July 2013
Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)Photo by Samay (@samaysham)
Incredibly excited for @ThriveHoldings to bring frontier technology to one of the most essential industries in the world. ADT has spent over 150 years earning the trust of millions of customers and there's so much to build on that foundation. Let's go! 🚀
Today, we are announcing an agreement to acquire ADT. Home security has the qualities we look for in the businesses we own: an essential service built on specialist expertise and earned trust. We see an opportunity to build on that foundation for decades, investing in its people and technology to deliver the best outcomes for customers. Our ambition is to help ADT define the next era of trusted home security. thriveholdings.com/thrive-ho…
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The benefits of abundant intelligence will accrue far outside of San Fransisco. Spent the last year writing about capital, sovereignty, and the coming reordering of economic power. THE COMMANDING HEIGHTS Commanding-Heights.com
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Samay retweeted
What a lede from @TheEconomist
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AI progress becomes economic progress when models can reliably do the work people need done. Today, we’re launching evals built with practitioners on real-world work from the 75+ businesses that are part of @ThriveHoldings. evals.thriveholdings.com
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Our first set of evals map performance, cost, and time across individual tax prep and IT support. For tax, Opus 5.5 leads; GPT-6.1 Sol comes within 2.1 percentage points at ~1/4 of the cost. On IT, GPT-6 Astra leads; GPT-6 Sol comes within 5.8 points at ~70% lower cost.
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We’ll keep expanding these benchmarks to more tasks across the businesses that are part of Holdings. We hope they help the field track model progress on economically valuable work and understand what it takes to put those capabilities to use! 🚀
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Today, Ramp raised $1.85B at a $60B valuation. Seven years ago, Karim and I wrote our mission on a Post-it: “Save companies time and money.” Our mission hasn't changed. It’s just gotten bigger.
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Congrats on the launch @moritz_stephan, @oqbrady, @CarloWillem, & @rakesh_nori! 🚀
Today Hone launches Engines: AI that owns business outcomes. Chatbots give answers. Agents do tasks. Engines deliver outcomes, and we hold them responsible for creating real value, measured in actual dollars instead of tokens or vibes. You point it at a business metric, and the Engine figures out the rest. It onboards itself, builds the necessary agents, skills, and memories, collaborates with the right people, and gets better with experience. From AI leaders to global enterprises, our customers have already used Engines to: • Uncover millions in procurement savings • Optimize product funnels • Manage credit risk • Increase qualified pipeline in new territories • Accelerate implementations and improve account management To scale this impact across the economy, we’ve raised a $60M seed led by Benchmark and Index with participation from Elad Gil, Hanabi, Definition, Diffusion, Lux, SV Angel, and Align. AI’s raw capabilities are far ahead of the value it creates in the real world, and Engines will help close the gap. Here’s how they work…
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Great vibes at @OpenAI Dev Day! Awesome to see the execution velocity across the board! 💪
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Ramp helps you spend less. Now, we’re helping you get paid faster. Today we’re launching @tryramp Accounts Receivable! It’s been our #1 customer request. 100+ businesses are already using it and the early reactions are extraordinary. I think you’re going to love it.
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Samay retweeted
Some news: 5 months ago I joined @coreauto, a small research lab focused on new ways for models to learn. I’m also hiring four interns to do something my younger self would've loved. It started with a pretty unusual project. We set up a handful of small online businesses, and put an agent in charge. We gave each business some initial funding and a seed idea, and off they went, trying to sell real things to real customers while we watched. It’s about as open-ended and unforgiving a task as you can probably give to an agent, with countless decisions to make and effects that take time to become clear. Each business got its own bank account, a debit card to pay suppliers, a web browser, an email inbox, a domain name, cloud infrastructure and a schedule. Every few hours, the agent woke up and decided what to do. It might update a landing page, adjust an ad campaign, reply to a customer, and then go back to sleep. The agents built actual storefronts and apps. They bought ads, attracted visitors, and even made some sales. The agents acted as operators that kept a business moving, but we noticed they never really stepped back to strategize about what might move the needle. If people weren’t buying, why? Was the landing page unappealing? Or maybe the offer itself was the problem? One amusing example was the very first order a customer placed. Our supplier had run out of stock. But it’s a dropshipping business, and thankfully tens of other suppliers carried the same product. Instead of trying another supplier, the agent almost immediately sent the customer a polite apology and attempted to issue a refund. Gah! So close! The agents could handle much of the work of getting a business up and running. What they struggled with was deciding what to change when it wasn’t working. That’s what we want to understand. We also want to see what changes when people take the lead. What does a business operator actually do all day when agents can do so much? What new work does this allow them to do? Which decisions can’t be delegated? — So this winter we're hiring 4 interns as Associate General Managers. Associate Product Manager internships are programs that give early career generalists a product to own. We want to try something similar, but with entire businesses. You’ll create and grow businesses, with agents handling the routine work so you can focus on figuring out what matters. Each AGM gets a budget and our agent infrastructure that’s designed for this. Which ideas to try is up to you. Put more money behind what finds customers and keep refining. Where you step in tells us what agents can't do yet. You'll be in our SF office with me and people I’m so fortunate to work with, like @_arohan_, @joannejang, @MillionInt, @marksaroufim and @juliacvillagra We don't care much where you went to school or what your resume looks like. We’re looking for enterprising people with a drive to create, who’ve made money on the internet before and already use AI extensively to enable their ideas. If that sounds like you: coreauto.com/AGM
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Samay retweeted
i gave astra a robot, a paint brush, and a camera then asked it to paint the golden gate bridge in real life! it figured out how to control the robot, and progressively got better throughout its attempts. the timelapse is sick
This is GPT-6 Astra. Anything you can do on a computer, Astra can do for you. Fast.
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Samay retweeted
The world needs far more software than it can build. Cognition exists to change that. We’ve just raised over $2B at a $48B valuation, led by a16z, Accel, Founders Fund, General Catalyst, and Avenir. Since our round in May, run-rate revenue has grown from $492 M to almost $900 M.
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Sashank is one of the most thoughtful engineers I worked with at Ramp. I have been consistently impressed by the product insights that he and the team have uncovered as they built Indent.
Introducing @indent, one coworker for your whole company Indent is a single agent that is built to work with every member of your team, simultaneously. Instead of every one setting up their own agents, use Indent to build one together. Try it at indent.com
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feeling the AGI
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The future belongs to those who embrace it.
In the early 1990s, the accounting firm RRBB owned four computers for a staff of around 30. They called them “lunch boxes”: 30-pound machines that auditors lugged through airports and into client offices. The New Jersey firm was founded more than 65 years ago and has adapted through each new wave of technological transformation, from writing tax returns on green ledger paper to asking software to auto-sort numbers. In 2024, they became the first firm to join our accounting platform, Current. The firm’s history is less a story of computers replacing practitioners than of practitioners repeatedly learning what a computer can’t do on its own. This is the first in a series about the people and firms rethinking professional services around AI. Here is RRBB’s story: thriveholdings.com/the-pione…
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Beyond excited to keep advancing the real economy with $2B of fresh capital behind us. Let’s go! 🚀
We’ve raised over $2B in additional capital from investors including D1 Capital Partners and Altimeter Capital. Holdings now owns and operates 70+ businesses across accounting and IT services, where our engineers build and deploy AI products used every day to serve tens of thousands of customers. We’re also launching a new platform focused on the technical and regulatory work behind physical assets. We want to make it easier to modernize and build America’s infrastructure. thriveholdings.com/thrive-ho…
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Samay retweeted
the bottleneck is increasingly knowing what you want
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