Podcast Episode

$39B founder says his company could 100x in 5 years

Who’s talking

4 speakers
Brett Adcock43 min · 70%
Sam Parr9 min · 16%
Shaan Puri8 min · 14%
Speaker 318 sec · 1%

Transcript

266 turns · 1 hr 2 min
SP
Sam Parr0:00

I think if you Google Brett Adcock net worth, according to Fortune, you're worth nineteen billion dollars. So that's, like, a pretty good swing. How does that make you feel?

BA
Brett Adcock0:07

I don't care about that at all.

SP
Sam Parr0:09

[laughs]

BA
Brett Adcock0:10

Give, like, zero shits about that.

Speaker 30:12

[singing] I feel like I could rule the world. I know I could be what I want to. Uh, I put my all in it like no days off. On the road less traveled, never looking back.

SP
Sam Parr0:21

Okay, so you, uh, Brett Adcock, the, the short of it is that you were raised in a rural area of Illinois. You started a company called Vettery, which you sold for over a hundred million dollars. Then you took a company public called Archer, which is, like, unmanned, uh, flying planes, I guess, helicopters. And then now you have a company called Figure, which is worth I don't know how much, forty-something, thirty-something, fifty-something billion dollars. You have another thing called Cover, which stops, uh, or aims to stop school shootings. And then now you have a new thing called Hark, which you've raised money at, in the billions of dollars, and you seem worn out.

BA
Brett Adcock0:54

Feeling great. Feels, like, busy, man. [laughs]

SP
Sam Parr0:56

[laughs] So you've been on... This is your third time on. I think you, I think you've been on one time each year the last three years. You said, uh, you were telling a story about how, I think it was right when Figure started, you basically said, like, "I had... I was worth I don't know how much, tens of millions of dollars. I put almost all of it into Figure to get started," and at one point you were like, "I have a mortgage on my house, and the rest of my money is in Figure, and some of the money's in Archer, and that's not doing so great right now." And since then, I think if you Google Brett Adcock net worth, according to Fortune, you're worth nineteen billion dollars. So that's, like, a pretty good swing. How does that make you feel?

BA
Brett Adcock1:32

I don't care about that at all. Give, like, zero shits about that. [laughs]

SP
Sam Parr1:36

You're a super competitive guy. I think you said something like, "I just wanna w-" You said, like, "win" a bunch of times the last time we hung out. It was like, "I wanna win for these reasons. I, I'm, I, I'm very competitive. I w- I wanna kick ass." I think that, like, you definitely have to care about this a little bit, and you actually have to... I think you, uh, care a lot about Figure being the biggest company in the world. You talk about, like, you definitely have this, like, Napoleon energy of like, "I wanna be the best. I wanna conquer."

BA
Brett Adcock2:01

I think, you know, the way I would characterize it is, like, we're just, the, like, we're just now, like, these companies of mine are just now hitting the inflection point, and they're really early. Like, they can be, like, really big. So if it works, this will, like, a hundred x, thousand x from here. So most of my energy is, like, "How do I make sure that works?" There is no flat line here. It's either, like, it goes down or it goes up, right? Either, like, it's binary. Either the robots go out of scale or they don't go out of scale. So in, like, five years' time, it's either gonna be a bi- very big thing or very bad. And so all my energy's going into making this, like, a

Episode notes

Sam's database on how long it takes to become a millionaire: https://clickhubspot.com/elft

Episode 851: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Brett Adcock ( https://x.com/adcock_brett ), the founder of Figure.ai.

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Show Notes:

(0:00) Intro

(3:29) Hark, a human in a box

(8:00) zero constraints

(17:32) rapid prototyping

(21:38) What are the robots doing?

(23:45) what about the hype is real?

(27:54) finding the best people

(30:14) $20M dollar salaries for engineers

(32:03) How Zuck is buying his way into AI

(35:44) Auditing Brett's 2026 predictions

(42:33) reducing your buckets

(44:00) show us your home screen

(46:17) hitting rock bottom 3x

(57:22) who inspires Brett

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Links:

• Hark - https://hark.com/ 

• Cover - https://www.cover.ai/ 

• Figure - https://www.figure.ai/ 

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Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

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Check Out Shaan's Stuff:

• Shaan's weekly email -

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