How We 5X Our Revenue While Others Chase AI Updates | Lindy, Flo Crivello
Flo Crivello built Lindy, the world's easiest no-code AI agent platform, by breaking every conventional startup rule - here's his unconventional playbook. Most AI founders chase the latest models and worry about competition, but Flo took the opposite approach. After his previous startup Team Flow fai
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Intro
- 00:00If you're not embarrassed by your first
- 00:01version, you shipped to late in AI. I
- 00:04would even go as far as to say like if
- 00:05your first version works, you're not
- 00:07thinking big enough. You should build
- 00:10for the future generations of the model
- 00:12so much and the models are improving so
- 00:13rapidly that the current generation of
- 00:16models should barely support your
- 00:17vision. Just barely. If you spend any
- 00:19time on Twitter, you feel like there is
- 00:21so much competition in AI agents. You
- 00:23feel like there is a new a new company
- 00:24coming out every week. And yet when
- 00:26you're out in the market like us, you
- 00:27don't run into competitors that often.
- 00:30So I sometimes compare it to like
- 00:31there's like trillions of trillions of
- 00:33stars in the universe and yet the
- 00:35universe is 99.9% empty space. It's the
- 00:37same, right? There's a lot of us
- 00:39nominally, but somehow it feels empty.
- 00:40And I think because the market is just
- 00:42so enormously huge. These people have
- 00:44gone about their entire life hearing
- 00:47everyone tell them the reason why they
- 00:48couldn't do things. But actually, if you
- 00:50do it, you're going to be very, very
- 00:52successful. You're going to make a lot
- 00:53of money. you're going to build
- 00:54something very impactful with the twof
- 00:55world. It becomes addictive. It's like a
- 00:57ha like tell me you can't I can't do it.
- 00:58I'll show you I can.
- 01:04I'm Flo Killo. I'm the CEO of Lindy
- 01:07which is the world's easiest way to
- 01:09build AI agents with no code. Lindy is a
- 01:12setup of building blocks that you can
- 01:14put together to build your own AI agents
- 01:17and to get them to do anything. One big
- 01:18use case that we have is a customer
- 01:20support. Step one, customer support
- 01:22ticket arrives by email. Step two, you
- 01:24can have a condition building block that
- 01:26basically branches up the agent. So you
- 01:28can be like, hey, is this a customer
- 01:30asking a question or is this a customer
- 01:31asking for a refund? Step three, for
- 01:33example, if they're asking a question,
- 01:35you can use our knowledge base building
- 01:37block, your FAQ, your website, a PDF,
- 01:39your notion, whatever you want. Then you
- 01:41can ask maybe finally step four to
- 01:43answer the support ticket based on the
- 01:46knowledge that it extracted in the
- 01:47knowledge base. We have quintupled uh in
- 01:49revenue over the last 6 months and
- 01:51roughly doubled the size of the team
- 01:52since then.
Focus on What Never Changes
- 01:58I think it's Jeff Bezos who said
- 02:00something like people always comment
- 02:02about how fast everything is always
- 02:03changing like he likes to focus on what
- 02:05doesn't change right in a world thing is
- 02:06always changing it finds these pillars
- 02:08of stability to hang on to and I think
- 02:10what doesn't change is the user and a
- 02:12lot of preferences of the user will just
- 02:14immutable that really surprised us. We
- 02:17released the platform and we started to
- 02:19have quite a few users ask us for HIPPA
- 02:21compliance which is this regulatory
- 02:23standard in the US that allows you to
- 02:25work with sensitive health information.
- 02:27So people started to be like can you be
- 02:29HIPPA compliant? Can you be HIPPA
- 02:30compliant? I want to use legal for
- 02:31healthcare use cases. And we were like
- 02:33why like what do what do you want us to
- 02:34be HIPPA compliant for? And that's when
- 02:36we we understood the use case which is
- 02:38turns out it's huge and it's a big
- 02:39industry today. There's a lot of really
- 02:41big companies dedicated solely to this
- 02:42use case where doctors spend a lot of
- 02:45time taking notes during patient visits.
- 02:47They call it charting because there's
- 02:48like a very specific standard of notes
- 02:50that they call soap notes. Some of them
- 02:52started building Lindy's to help them
- 02:54build get their soap notes. So they use
- 02:56Lindy on a mobile phone and they
- 02:58recorded the conversation using the
- 02:59record feature that we have and then
- 03:01they would prompt Lindy to give them the
- 03:02format of notes. In the case of AI
- 03:04agents, the user wants something that's
- 03:05easy to use. We want something that's
- 03:07effective, something that works,
- 03:08something that's simple to use,
- 03:09something that's affordable, something
- 03:10that's fast. These things are always
- 03:12going to be the case. And the problem
- 03:13that the user is trying to solve is is
- 03:15fairly constant as well.
Build AI That Barely Works
- 03:21LinkedIn's founder Hoffman, who said
- 03:23this famous thing, if you're not
- 03:24embarrassed by your first version, you
- 03:26shipped too late in AI. I would even go
- 03:28as far as to say like if your first
- 03:30version works, you're not thinking big
- 03:32enough. You should build for the future
- 03:34generations of the model. so much and
- 03:36the models are improving so rapidly that
- 03:38the current generation of models should
- 03:40barely support your vision just barely.
- 03:42That was very much our case at Lindy
- 03:44like for a long time the product simply
- 03:46did not work because the models were not
- 03:47good enough. The very first version of
- 03:50the product was just a prompt. So
- 03:53instead of building this AI agent using
- 03:55these building blocks that I mentioned,
- 03:56it was literally just writing text.
- 03:58Because it's just a prompt, you're just
- 03:59trusting this AI model to basically
- 04:02follow your instructions. It may not
- 04:03follow the instructions. You're you're
- 04:05like praying the LM gods. Even to this
- 04:07day, even to the frontier models, like
- 04:09fast forward two or three years, to this
- 04:11day, Claude Opus 4 or OpenAI, I use the
- 04:15very most frontier models right now,
- 04:17even they very often struggle. We are
- 04:19building for the next generation of
- 04:20models. The current product doesn't work
- 04:22and yet we keep building because we
- 04:23expect that the next generation of
- 04:25models will make it work. And the way I
- 04:27characterize it today is it's it's sort
- 04:28of AI in turn. It can perform simple
- 04:31enough tasks. Anything that you can
- 04:32describe in a step-by-step uh fashion is
- 04:35something that that Lindy can do. Over
- 04:36the long term, the vision is to build a
- 04:38full-blown AI employees, an AI agent
- 04:40that can do anything that the human
- 04:42employee can do on a computer. So,
- 04:44that's my piece of advice is like skate
- 04:46for the puck is going to be in in Steve
- 04:47Jobs world and skate for where the the
- 04:49next generation of models is going to be
- 04:51and build with that in mind.
Don't Hesitate to Pivot Hard
- 04:57Don't build a mine until you've you've
- 04:59found gold. I really identified these
- 05:01two different distinct phases in a
- 05:03startup life cycle. One, you prospect.
- 05:05You look for the right mining site where
- 05:07you can find gold. And once you've
- 05:09struck gold, but only then do you build
- 05:11a mine. And building a mine is basically
- 05:13hiring a team and raising money and all
- 05:15of that stuff. It is really hard to move
- 05:17a mine. And so if if you build too large
- 05:19a mine and you haven't found gold, what
- 05:20you need to do is you need to destroy
- 05:21your mine. You need to fire your team.
- 05:25So I started at Uber as a software
- 05:27engineer. I took a six months break
- 05:29after Uber. So COVID breakout, everybody
- 05:31was stuck at home. So I was just on my
- 05:33computer at home and I I read a blog
- 05:35post by John Palmer called the spatial
- 05:37interfaces sort of extolling the virtues
- 05:39of of spatial design. And there's almost
- 05:41a call to action in that blog post
- 05:42that's like I wonder what a special zoom
- 05:44would look like. I was like oh it's a
- 05:45good question like I started like
- 05:46hacking it together and in the span of a
- 05:48couple of hours they just had like a
- 05:50prototype of like a special zoom. It's
- 05:51like you see your video in a bubble. You
- 05:53can move the bubble around on like a two
- 05:54dimensional canvas and you can only hear
- 05:56and be held by people around you. And
- 05:58again, this coincided perfectly with
- 05:59COVID. And so I started hosting virtual
- 06:01happy hours in there with my friends
- 06:02like, "Hey, join me in that space. I I
- 06:03built and I sort of got sucked in little
- 06:05by little. I just kept adding features
- 06:07and I realized it could be like a
- 06:08collaboration space. I added a
- 06:10whiteboard and so forth. And then I
- 06:11realized like oh my god, like
- 06:12everybody's working remotely right now.
- 06:14Like you know this could be a virtual
- 06:15office. Like there is a market here." I
- 06:17released it. It got traction. like bunch
- 06:18of users started sagging up, raised some
- 06:20money and then like the company was just
- 06:22after the races. When COVID subsided and
- 06:26when people returned to the office, Team
- 06:28Flow started not going so well and the
- 06:30growth stalled completely. What finally
- 06:33convinced me that there was simply no
- 06:34market anymore was like looking around
- 06:36and seeing all the competitors of which
- 06:38we had many like good teams like really
- 06:41good people and they had raised a lot of
- 06:43money and none of them were taking off.
- 06:44So that's when I just realized like
- 06:46there is no there is no market. That's
- 06:47what I did. It was extremely painful,
- 06:48but I fired twothirds of the team and it
- 06:50coincided with the release of the GPT3
- 06:53API. So, it was before the GPT. It was
- 06:56like mid 2022 and we built a meeting
- 06:59recorder in team flow and we were very
- 07:01interested in the GP3 API and so we were
- 07:04like what can we do with it? So, we we
- 07:06did what now a lot of applications do
- 07:07which is a meeting summarization. And
- 07:10then sales team came to me and they were
- 07:11like flow can this thing also update our
- 07:13sales force after sales calls and we
- 07:15were like sure I don't see why not. And
- 07:16so we basically kept building and kept
- 07:19fleshing out that like Salesforce
- 07:20integration and then HubSpot integration
- 07:22and and that's when it clicked for us
- 07:24like we realized like wait a minute we
- 07:26can get the LLM to not just generate
- 07:28text for us but generate API calls like
- 07:30generate actual actions for us and so
- 07:32that's when we were like wait a minute
- 07:34like this can be like an an entire AI
- 07:36employee basically we got sucked in to
- 07:38that and again it coincided with first
- 07:40team flow stalling out we got excited
- 07:43about this AI thing jp came about in the
- 07:45middle exploded and like oh my god like
- 07:47AI is real it's happening and so we just
- 07:49decided in 2023 to completely fool the
- 07:52team flow and just focus on the AI
- 07:54opportunity and and I I did that very
- 07:56deliberately and it's painful as a
- 07:57founder you need to deliberately
- 07:59mismanage your team you need to let them
- 08:01alone and they're going to hate you like
- 08:03where is our CEO what's he doing all day
- 08:05I'm looking for gold like the mind
- 08:06doesn't matter the mind is so very
- 08:08mismanaged right now and you guys are
- 08:10lost at sea and I decide not to care
- 08:12because I'm going to spend my time
- 08:13digging for gold um that's that's what I
- 08:16Don't don't don't build a mind before
- 08:17you you found the gold.
Stop Avoiding Micromanagement
- 08:24My leadership philosophy is the job of a
- 08:26CEO is to win. And so that that's my
- 08:28guiding light. Epistemologically that is
- 08:30how I will define what is right or
- 08:32wrong. Perhaps I would compare it to
- 08:33gardening. You know it starts with like
- 08:35selecting the seeds. So I really do
- 08:36believe like half the job is just
- 08:38recruiting like getting the right people
- 08:39into the door. Like again I think it's
- 08:41Kra Boy who said the people you hire is
- 08:43the company you build. and I'm reminded
- 08:44every day of how true that is. It's half
- 08:46the job. So just getting the right
- 08:48seeds. If you don't have that, the plant
- 08:49won't be good. And then giving a
- 08:51direction to the team and to the seed
- 08:52like that's the sign. You grow in this
- 08:54direction, you know. So that's that's
- 08:56the second big part of the job is just
- 08:57setting the vision and guiding the plant
- 08:59as it grows, but you can't grow for the
- 09:02plant. Plant won't grow the way you want
- 09:04it to. So you've got to fire people.
- 09:05There's this amazing book by Bill Walsh
- 09:07called The School Takes of Itself,
- 09:08right? And so the philosophy of Bill
- 09:10Walsh is like success consists of just
- 09:12two things. one, identifying the right
- 09:14inputs that lead to success. And two,
- 09:16nailing each and every one of these
- 09:17inputs perfectly, right? If you do these
- 09:19two things, you will win. If you don't
- 09:20win, it means you either don't
- 09:21understand what it takes to win or
- 09:22you're not doing what it takes to win.
- 09:24That's just one of these two things. And
- 09:25so, it's actually funny. We on boarded a
- 09:27new employee this morning. He's the
- 09:29first one of his function. And I spent
- 09:30the day yesterday, Sunday, like
- 09:32literally seven plus hours just writing
- 09:34an 18 pages long document about this is
- 09:37precisely exactly we we call it a
- 09:39standard of excellence. Step by step by
- 09:40step. This is the job. Again, that's the
- 09:43plan. It's like if you if you see them
- 09:44doing something wrong, it's like no.
- 09:45It's like your guard is like, "No, this
- 09:46is not what you this is not what this is
- 09:48what you do." And you just keep putting
- 09:49these guardrails and you refer back to
- 09:50the dock that you wrote. Absolutely, you
- 09:52should micromanage. The reason why you
- 09:53are in a position of of of authority is
- 09:55because someone with capital most likely
- 09:58trusted you and your taste. So you you
- 10:00are entitled, you are in fact obligated
- 10:02to micromanage. That that's why you're
- 10:03in your seat. You exercise your taste.
- 10:04You exercise your judgment. You exercise
- 10:06your your knowledge about your business,
- 10:07your industry, your user, your product,
- 10:09and you guide the plant. That's my
- 10:10philosophy.
Be a Definite Optimist
- 10:17I view building a company as a way to
- 10:20bring an ambitious bold vision to
- 10:23reality. I don't think the Lin startup
- 10:26model leads you there. I'm a huge fan of
- 10:29Peter Thiel's thinking on this. He calls
- 10:31it definite optimism. It's like a 2x2.
- 10:33You've got a definite and indefinite and
- 10:34optimism and pessimism. And so definite
- 10:36or indefinite is like do you know or do
- 10:38you not know? There's a lot of
- 10:39indefinite optimists in tech. I view
- 10:42crypto as the the eternal indefinite
- 10:44optimist industry. It's like we don't
- 10:46know what's going to happen. We don't
- 10:47know why things are going to go well,
- 10:48but wag me, we're all going to make it.
- 10:50You know, everything's going to go so
- 10:51well, but we we can't exactly tell you
- 10:53half. Instead, Peter Tiel pushes for
- 10:55this vision of a definite optimism.
- 10:57Like, you must have a crisp opinion, a
- 11:00well-defined opinion of what the world
- 11:02will look like in the future, what it
- 11:03should look like, what it must look
- 11:05like, and bring that vision to life.
- 11:07What percent of your time did you spend
- 11:08in 2022 speaking to an AI? It was 0%.
- 11:11Today in 2025, it's it's a lot more than
- 11:13that. And I think the trend is going to
- 11:14continue and continue and continue. AI
- 11:16agents are basically in the short term
- 11:18going to turn us all into managers.
- 11:20Instead of doing individual contributor
- 11:22work, you're going to manage a swoop of
- 11:24AI agents doing your work. I sometimes
- 11:27describe it as like imagine if any
- 11:30random 25year-old could have the same
- 11:32impact in the world as Google. And so I
- 11:35I think that AI agents are going to do
- 11:37to the world of business at large what
- 11:39the internet has done to media. It's
- 11:41going to be a very powerful leveling of
- 11:44the playing field. It's going to unlock
- 11:46opportunity to for everyone regardless
- 11:48of their network or their capital or
- 11:50their access or their geography. It's
- 11:53just really going to come down to their
- 11:55vision and the ideas they have and their
- 11:57ability to leverage AI agents.