<p><strong>Qasar Younis</strong> is the co-founder and CEO of Applied Intuition, a $15 billion AI company that adds intelligence to cars, tractors, planes, submarines, and other vehicles—essentially, Tesla or Waymo without the hardware. He was previously COO of Y Combinator, started his career as an engineer at GM and Bosch, and was born on a farm in Pakistan.</p><p></p><p><strong>We discuss:</strong></p><p>1. Why the biggest AI revolution will play out in mining, farming, construction, and trucking over the next 5 to 10 years, not in software</p><p>2. Why Qasar intentionally stayed under the radar for nearly a decade while building Applied Intuition, and why most founders shouldn’t do that</p><p>3. The truth about China’s AI capabilities and why comparisons to American companies are fundamentally flawed</p><p>4. The company values that drive Applied Intuition: speed above everything, laugh a lot, half the work is follow-up, never disappoint the customer</p><p>5. The biggest lessons from Qasar’s stint as YC’s COO, including that the most successful companies show traction very early</p><p>6. How reading old books is the best way to build taste</p><p>—</p><p><strong>Brought to you by:</strong></p><p><a target="_blank" href="https://omni.co/lenny"><strong>Omni</strong></a>—AI analytics your customers can trust</p><p><a target="_blank" href="https://vanta.com/lenny"><strong>Vanta</strong></a>—Automate compliance. Simplify security.</p><p><a target="_blank" href="https://lovable.dev/"><strong>Lovable</strong></a>—Build apps by simply chatting with AI</p><p>—</p><p><strong>Episode transcript: </strong><a target="_blank" href="https://www.lennysnewsletter.com/p/the-most-successful-ai-company-youve-never-heard-of">https://www.lennysnewsletter.com/p/the-most-successful-ai-company-youve-never-heard-of</a></p><p>—</p><p><strong>Archive of all Lenny's Podcast transcripts: </strong><a target="_blank" href="https://www.dropbox.com/scl/fo/yxi4s2w998p1gvtpu4193/AMdNPR8AOw0lMklwtnC0TrQ?rlkey=j06x0nipoti519e0xgm23zsn9&st=ahz0fj11&dl=0">https://www.dropbox.com/scl/fo/yxi4s2w998p1gvtpu4193/AMdNPR8AOw0lMklwtnC0TrQ?rlkey=j06x0nipoti519e0xgm23zsn9&st=ahz0fj11&dl=0</a></p><p>—</p><p><strong>Where to find Qasar Younis:</strong></p><p>• X: <a target="_blank" href="https://x.com/qasar">https://x.com/qasar</a></p><p>• LinkedIn: <a target="_blank" href="https://www.linkedin.com/in/qasar">https://www.linkedin.com/in/qasar</a></p><p>• Website: <a target="_blank" href="https://qy.co">https://qy.co</a></p><p>• Reading list: <a target="_blank" href="https://qy.co/books">https://qy.co/books</a></p><p>—</p><p><strong>Where to find Lenny:</strong></p><p>• Newsletter: <a target="_blank" href="https://www.lennysnewsletter.com">https://www.lennysnewsletter.com</a></p><p>• X: <a target="_blank" href="https://twitter.com/lennysan">https://twitter.com/lennysan</a></p><p>• LinkedIn: <a target="_blank" href="https://www.linkedin.com/in/lennyrachitsky/">https://www.linkedin.com/in/lennyrachitsky/</a></p><p>—</p><p><strong>In this episode, we cover:</strong></p><p>(00:00) Introduction to Qasar and Applied Intuition</p><p>(04:01) The optimistic vision: How AI will create abundance</p><p>(08:49) Why anxiety about AI comes from misunderstanding—and how to fight fear with knowledge</p><p>(12:58) The market sell-off explained</p><p>(16:31) Self-driving cars: Why 30,000 annual deaths prove we need autonomy now</p><p>(20:22) The spectrum of physical AI</p><p>(28:00) How AI is coming just in time</p><p>(33:26) Why comparing Chinese AI companies to American AI companies is a category error</p><p>(39:12) Why Qasar finally joined Twitter after staying silent for a decade</p><p>(45:08) Why successful companies almost always show early signs of traction</p><p>(50:40) Applied Intuition’s core values</p><p>(56:00) Why the company cleans its own office—and never spent a dollar of raised capital</p><p>(58:50) Quasar’s reading philosophy</p><p>(01:06:14) How to operationalize listening to naysayers</p><p>(01:12:53) The importance of decisiveness</p><p>(01:14:55) Removing emotions from decisions</p><p>(01:19:02) Why most Silicon Valley CEOs don’t have great taste—and how to develop it</p><p>—</p><p><strong>Referenced:</strong></p><p>• Applied Intuition: <a target="_blank" href="https://www.appliedintuition.com">https://www.appliedintuition.com</a></p><p>• Marc Andreessen: The real AI boom hasn’t even started yet: <a target="_blank" href="https://www.lennysnewsletter.com/p/marc-andreessen-the-real-ai-boom">https://www.lennysnewsletter.com/p/marc-andreessen-the-real-ai-boom</a></p><p>• Elad Gil’s website: <a target="_blank" href="https://eladgil.com">https://eladgil.com</a></p><p>• Bosch: <a target="_blank" href="https://www.bosch.com">https://www.bosch.com</a></p><p>• Berkshire Hathaway: <a target="_blank" href="https://www.berkshirehathaway.com">https://www.berkshirehathaway.com</a></p><p>• Naval Ravikant on X: <a target="_blank" href="https://x.com/naval">https://x.com/naval</a></p><p>• Y Combinator: <a target="_blank" href="https://www.ycombinator.com">https://www.ycombinator.com</a></p><p>• Waymo: <a target="_blank" href="https://waymo.com/">https://waymo.com/</a></p><p>• Tesla: <a target="_blank" href="https://www.tesla.com">https://www.tesla.com</a></p><p>• DeepSeek: <a target="_blank" href="https://www.deepseek.com">https://www.deepseek.com</a></p><p>• Rivian: <a target="_blank" href="https://rivian.com">https://rivian.com</a></p><p>• Crate & Barrel: <a target="_blank" href="https://www.crateandbarrel.com">https://www.crateandbarrel.com</a></p><p>• OpenClaw: <a target="_blank" href="https://openclaw.ai">https://openclaw.ai</a></p><p>• Sam Altman on X: <a target="_blank" href="https://x.com/sama">https://x.com/sama</a></p><p>• Peter Ludwig on LinkedIn: <a target="_blank" href="https://www.linkedin.com/in/peterwludwig">https://www.linkedin.com/in/peterwludwig</a></p><p>• What Steve Jobs really meant when he said ‘Good artists copy; great artists steal’: <a target="_blank" href="https://www.cnet.com/tech/tech-industry/what-steve-jobs-really-meant-when-he-said-good-artists-copy-great-artists-steal">https://www.cnet.com/tech/tech-industry/what-steve-jobs-really-meant-when-he-said-good-artists-copy-great-artists-steal</a></p><p>• 7 quotes on the power of reading from Charlie Munger: <a target="_blank" href="https://www.neil.blog/articles/7-quotes-power-reading-charlie-munger">https://www.neil.blog/articles/7-quotes-power-reading-charlie-munger</a></p><p>• Andreessen Horowitz: <a target="_blank" href="https://a16z.com">https://a16z.com</a></p><p>• John Doerr on LinkedIn: <a target="_blank" href="https://www.linkedin.com/in/john-doerr-03248211">https://www.linkedin.com/in/john-doerr-03248211</a></p><p>• Gandhi’s quote: <a target="_blank" href="https://www.azquotes.com/author/5308-Mahatma_Gandhi/tag/truth#google_vignette">https://www.azquotes.com/author/5308-Mahatma_Gandhi/tag/truth#google_vignette</a></p><p>• Steve Ballmer on X: <a target="_blank" href="https://x.com/Steven_Ballmer">https://x.com/Steven_Ballmer</a></p><p>• General Motors: <a target="_blank" href="https://www.gm.com">https://www.gm.com</a></p><p>—</p><p><strong>Recommended books:</strong></p><p>• <em>House of Huawei: The Secret History of China’s Most Powerful Company</em>: <a target="_blank" href="https://www.amazon.com/House-Huawei-History-Powerful-Company/dp/0593544633">https://www.amazon.com/House-Huawei-History-Powerful-Company/dp/0593544633</a></p><p>• <em>Maintenance: Of Everything, Part One</em>: <a target="_blank" href="https://press.stripe.com/maintenance-part-one">https://press.stripe.com/maintenance-part-one</a></p><p>• <em>The Autobiography of Malcolm X: As Told to Alex Haley</em>: <a target="_blank" href="https://www.amazon.com/Autobiography-Malcolm-Told-Alex-Haley/dp/0345350685">https://www.amazon.com/Autobiography-Malcolm-Told-Alex-Haley/dp/0345350685</a></p><p>• <em>High Output Management</em>: <a target="_blank" href="https://www.amazon.com/High-Output-Management-Andrew-Grove/dp/0679762884">https://www.amazon.com/High-Output-Management-Andrew-Grove/dp/0679762884</a></p><p>• <em>The Emperor of All Maladies: A Biography of Cancer</em>: <a target="_blank" href="https://www.amazon.com/Emperor-All-Maladies-Biography-Cancer/dp/1439170916">https://www.amazon.com/Emperor-All-Maladies-Biography-Cancer/dp/1439170916</a></p><p>• <em>Made in America</em>: <a target="_blank" href="https://www.amazon.com/Sam-Walton-Made-America/dp/0553562835">https://www.amazon.com/Sam-Walton-Made-America/dp/0553562835</a></p><p>• <em>My American Journey</em>: <a target="_blank" href="https://www.amazon.com/American-Journey-Autobiography-Colin-Powell/dp/0679432965">https://www.amazon.com/American-Journey-Autobiography-Colin-Powell/dp/0679432965</a></p><p>• <em>Guns, Germs, and Steel: The Fates of Human Societies</em>: <a target="_blank" href="https://www.amazon.com/Guns-Germs-Steel-Fates-Societies/dp/0393317552">https://www.amazon.com/Guns-Germs-Steel-Fates-Societies/dp/0393317552</a></p><p>• <em>Collapse: How Societies Choose to Fail or Succeed</em>: <a target="_blank" href="https://www.amazon.com/Collapse-Societies-Choose-Succeed-Revised/dp/0143117009">https://www.amazon.com/Collapse-Societies-Choose-Succeed-Revised/dp/0143117009</a></p><p>• <em>SPQR: A History of Ancient Rome</em>: <a target="_blank" href="https://www.amazon.com/SPQR-History-Ancient-Mary-Beard/dp/0871404230">https://www.amazon.com/SPQR-History-Ancient-Mary-Beard/dp/0871404230</a></p><p>• <em>A World Appears: A Journey into Consciousness</em>: <a target="_blank" href="https://www.amazon.com/World-Appears-Journey-into-Consciousness/dp/198488199X">https://www.amazon.com/World-Appears-Journey-into-Consciousness/dp/198488199X</a></p><p>—</p><p>Production and marketing by <a target="_blank" href="https://penname.co/">https://penname.co/</a>. For inquiries about sponsoring the podcast, email <a target="_blank" href="mailto:
[email protected]">
[email protected]</a>.</p><p><em>Lenny may be an investor in the companies discussed.</em></p> <br/><br/>To hear more, visit <a href="https://www.lennysnewsletter.com?utm_medium=podcast&utm_campaign=show-notes-no-free-preview-language">www.lennysnewsletter.com</a>