How I Went from $30K Debt to Raising $130M for My Speech AI Platform | AssemblyAI, Dylan Fox

How I Went from $30K Debt to Raising $130M for My Speech AI Platform | AssemblyAI, Dylan Fox

September 13, 2025 • 14m 12s View Original ↗EO ↗

Dylan Fox is the founder and CEO of AssemblyAI, where he's built one of the most accurate and developer-friendly speech AI platforms in the industry. Under his leadership, the company has raised over $130 million from top-tier investors including Accel, Insight Partners, and former Salesforce co-CEO Keith Block. ✨EO Partner Highlight: EO x Lovable✨ 📍Promo code: EO20YT - Provides users with a 20% discount on their first purchase of the Lovable Pro plan - Valid until September 30, 2025 Dylan's entrepreneurial journey started unconventionally—after a failed college startup, he spent two years accumulating $30,000 in credit card debt while teaching himself programming and machine learning. This dedication helped him discover the massive gap in accessible speech AI technology and eventually get into Y Combinator despite having no product or traction. In this video, Dylan shares why founder instinct matters more than market validation, and what it takes to identify a massive market opportunity before others see it and build technology that developers actually love using. 00:00 Intro 00:58 One Bowl of Pasta, Seven Days of Code 03:23 Why I Became Interested in Voice AI 05:12 No Product, No Customer, Still Got into YC 07:16 EO Partner Highlight 08:19 How a Startup Wins with Deep Subject Matter Expertise 10:07 Just Start with a Website 11:32 Focus on Ours, Not Theirs EO stands for Entrepreneur& Opportunities. As we're looking to feature more inspiring stories of entrepreneurs all over the world, don't hesitate to contact us at partner@eoeoeo.net LinkedIn | @EO STUDIO X | @eostudi0

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