His startup powers OpenAI's Voice Mode. Last month, they became a unicorn. | Russ d’Sa, Co-Founder of LiveKit
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Russ d'Sa shares LiveKit's journey from near-failure to unicorn status, including a pivotal moment when a tech giant threatened to crush them before OpenAI revealed they were secretly using LiveKit's infrastructure for ChatGPT's voice mode. The episode explores strategic fundraising tactics, acquisition dynamics, and how LiveKit became essential infrastructure for multimodal AI applications.
Best moment
LiveKit's cofounders used good cop bad cop to negotiate with investors
And so it just felt wrong. And the way we play this was good cop, bad cop. Deezy, my cofounder, would basically talk to the investors and, like, negotiate with them and then say, like, you know what? Russ is just not willing to do this. You know, this term, Russ is not willing to. I I can't get him to like, can we talk to Russ? He's like, no. He doesn't wanna talk to you guys. Once
they kind of, like, you know, he torched me a little bit, but, like, we planned that that's how it was gonna work. I'm like, alright. I'll just be the bad guy here. You need that. I mean, the the only other bad guy that sometimes solo founders have to use is just the the acquirer. Right? It's like, listen. The acquirer doesn't give a shit about you guys. Like, they only they wanna buy us. Yeah. So transferring
“First time ever, the previous four, I've always been trying to start a company, trying to be like my dad, and, they never worked out.”
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