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    Home » 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

    webmasterBy webmasterSeptember 13, 2025 All Videos 2 Mins Read
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    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✨
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    – 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

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