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What does it take to build world class AI companies out of Australia, and why does San Francisco still move 6 to 9 months faster? In this episode, Brendan Hill sits down with 3 of Australia’s most ambitious AI founders: Pasha Rayan (A1Base), Anshul Jain (Everlab) and Jacky Koh (Relevance AI). They break down the rise of agentic AI, how engineering culture in SF accelerates innovation, and why the next generation of founders need to think in $100b outcomes. They dive into why the best founders and engineers are "addicts" who get lost in time building things they love, building autonomous healthcare, and why AI companies should stay pre-revenue longer to ensure they are building real "magic" before scaling. They also unpack what Australia must do to stay competitive, how to build teams that love hard problems, and why ambition, pace and hands-on founders matter more than ever. It’s a rare inside look at the operators defining the next era of AI infrastructure, agent orchestration and primary healthcare. Time Stamps 00:00 Intro and Founder Backgrounds 02:25 SF vs Australia: The 6 to 9 Month AI Gap 05:00 The 10 to 20 Times Engineering Productivity Unlock 08:20 How Founders Use AI Agents Inside Their Companies 10:54 What Twilio for AI Agents Really Means 12:39 Making AI Agents Relatable for Everyday People 15:45 Culture, Ambition and the Australian Mindset 19:37 Autonomous Healthcare: What AI Doctors Actually Look Like 22:18 The $100B Ambition Mindset 31:33 Why Hard Problems Create Real Moats 33:32 Inside Everlab’s US$10m Seed Round 36:57 The Craziest AI Pitches Right Now 40:51 Predicting the Next Big Wave in AI and Agents 45:46 Inside Relevance AI’s Series B with Bessemer 48:24 Should AI Startups stay Pre-revenue? 52:10 How A1 Base Is Building the Future of AI Communication 55:14 How Everlab Scales Doctors and Real World Ops 59:55 Going Global: Cracking the US Market 01:06:41 Should Aussie Founders Move to the US Earlier? 01:10:55 The Next Agentic Trends You Haven’t Heard Yet 01:14:48 What AI Adoption Will Look Like in the Next Year 01:16:53 Why Engineers Should Join These Startups 01:21:00 Closing + Cliff from Canva on next episode of Oversubscribed? Oversubscribed is proudly supported by our sponsor Vanta 🦙 Vanta is the all-in-one solution for startups to become compliant quickly and build a security foundation with ease. Startup customers get $1000 off Vanta at vanta.com/oversubscribed The Day One Network Oversubscribed is part of Day One, the podcast network dedicated to founders, operators & investors. Guest Founders: Everlab: everlab.com.au Connect with Anshul: / anshuljain32 Relevance AI: relevanceai.com Connect with Jacky: / jacky-koh A1 Base: https://www.a1zap.com/ Connect with Pasha: / pasharayan Stay Updated: Listen to the Oversubscribed Podcast on Spotify: https://open.spotify.com/show/6rZ9Saj... Listen to the Oversubscribed Podcast on Apple Podcasts: https://podcasts.apple.com/us/podcast... Please note that the content here is for informational purposes only; should NOT be taken as legal, business, or investment advice or be used to evaluate any investment or financial product. Brendan Hill is an investor in Everlab, Relevance AI and A1Base. About the Host: Brendan Hill is a Venture Partner at TEN13 and an angel investor in Australia’s fastest-growing startups, including Everlab, Heidi Health, Relevance AI and Instant. If you are interested in finding out more about angel investing, connect with Brendan on LinkedIn: / itsbrendanhill