Sam Altman and peers speculate on the rise of one-person billion-dollar companies, facilitated by AI. CEO Birk Jernström's startup, Polar, aims to support this trend by providing easy-to-implement payment infrastructure for developers. They handle billing and taxes, allowing AI-first businesses to scale globally from inception. With a $10 million seed investment led by Accel and a successful track record from his previous company Tictail, Jernström believes the tech landscape is shifting towards enabling small, agile entrepreneurs to thrive.
"In 2011, we started Tictail with the mission of empowering anyone to start an online store... we were home to 100,000+ merchants on the platform, very much on the long tail."
"There is a new generation of AI-native, early-stage businesses that want to grow without distractions," partner Andrei Brasoveanu said.
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