“Much has been said about the era of the one-person one-billion-dollar company, and honestly I think we're not too far from it. We've seen and invested in companies that are doing a million plus in ARR per employee, which is a metric that we haven't seen before. We're also just so early — I don't think we've yet seen what the Claude Code for marketers and product people and salespeople looks like.”

$1M+ ARR per employee is the new bar — one-person billion-dollar company isn't a meme

a16z is seeing portfolio companies hit $1M+ ARR per employee — a metric that didn't exist pre-AI. And we're still early: Claude Code shipped for engineers, but the equivalent for marketers, PMs, and sales hasn't yet. Efficiency only goes up from here, freeing humans to do the things only humans can do — generate ideas and spend time with customers.