20VC: $1BN ARR in 18 Months; The Untold Story of Higgsfield | Spending $4M Per Month on Models | Why Moats in AI are BS | Scaling a Content Team to 150 People with Alex Mashrabov

Alex Mashrabov, founder and CEO of Higgsfield, joins Harry Stebbings to discuss the company's meteoric rise to $1 billion in annual recurring revenue within 18 months—making it the third-fastest company to that milestone. He reveals the $10 million pivot that saved the business, explains why they burn $4 million a month on AI models, and argues that AI moats are overblown. The conversation also covers the personal toll of such extreme growth, including spending only one full day with his son in three months, along with quickfire takes on Snap's future and HubSpot's vulnerability.