Garry Tan: coding-agent startups hit $3-10M ARR on seed rounds, leap to growth rounds
garrytan · x · 2026-10-30
Y Combinator president Garry Tan retweeted confirmation that a striking number of software startups are taking single-digit-million seed rounds, reaching $3-10M+ ARR, and jumping straight into back-to-back growth rounds.
The quoted Greptile founder argues this is a golden era for underdogs:
- With coding agents, small teams punch far above their headcount while AI labs keep lowering prices
- Large software companies are painstakingly refactoring their engineering orgs in response
- Like the best tech disruptions, this shifts power from incumbents to upstarts
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