$1.8B Rev company with 2 employees

Same market. Same product. Same customers.
One company: 2,442 employees. $2.4B revenue. 5.5% margin.
Other company: 2 employee. $1.8B projected. 16.2% margin.

Launched 18 months ago. A living room in Los Angeles. $20,000.

Matthew Gallagher ,A self-taught entrepreneur from LA built Medvi, a telehealth startup, essentially alone using AI.

Code. Ads. Customer service. Website.
His brother Elliot is the only employee.

2025: $401 million in sales. 250,000 patients. $65 million profit.
2026: On track for $1.8 billion.

Previous company: 60 employees. Never turned a profit.

Sam Altman predicted this in 2024.
It happened in 9 months.

Here’s the line nobody is writing about.

Matthew wants to hire more people.
Not for capacity.
Because he is lonely.

I’ve backed 30+ startups.
The lean ones always moved faster.
But staying alone too long has its own price.

AI replaced every workflow.
It couldn’t replace the person across the table.

What kind of founder can actually survive this model?

๐—ž๐—ฟ๐—ถ๐˜€๐—ต๐—ป๐—ฎ ๐—Ÿ๐—ฎ๐—ธ๐—ฎ๐—บ๐˜€๐—ฎ๐—ป๐—ถ | ๐—˜๐—ป๐˜๐—ฟ๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐—ป๐—ฒ๐˜‚๐—ฟ ยท ๐—ฉ๐—ฒ๐—ป๐˜๐˜‚๐—ฟ๐—ฒ ๐—ฆ๐˜๐˜‚๐—ฑ๐—ถ๐—ผ ๐—™๐—ผ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ยท ๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ผ๐—ฟ
Writing at the intersection of AI, capital, and the future of the human job market – sharing mylife lessons, reflections, and honest takes from the founder-investor’s seat.

Author: Krishna Lakamsani

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