Henry’s Best Hits

Henry’s Best Hits

Launching the Official Lean AI Leaderboard 🏆

Officially tracking the road to the first "1-Person" Billion Dollar Company

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Henry Shi
Mar 25, 2025
∙ Paid
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There’s a founder who generates $1B in ARR with just 30 employees. VCs are begging to invest, but he won’t take their money.

No, that is NOT a typo.

He is turning down funding. In 2025.

The Silicon Valley I have known for 10+ years is unrecognizable now.

I spent the last 8 years building a $150M ARR company the traditional way: 200+ employees, raising $200M+ in VC funding, and a constant grind of growth at all costs.

But today, AI has completely changed the traditional startup playbook.

There used to be a time when startups needed hundreds of employees to hit their first $10M ARR. Those days are long gone.

One person can now handle what used to require an entire department, whether it's customer service, marketing, coding, or research.

The economics are so mind-boggling that they sound made up:

• Old world: Burn $1M to generate $1M in revenue
• Today: Generate $1M in revenue on just $200K spend
• Tomorrow: Do it with $100K or less

These new-age lean AI-Native startups are thriving without VC …

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