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Brothers Chaz and Arnie Englander started Model ML after building and selling two YC companies. What began as a tool to help them analyze deals has grown into a full AI-powered workspace purpose-built for financial services, empowering firms to create automations and workflows that reflect exactly how their teams operate. And it's already being used by 10% of the world's top investment banks and private equity firms to automate everything from client-ready PowerPoint decks to deep-dive research and due diligence. In this conversation with YC Partner Gustaf Alstromer, they discuss going from internal tool to production platform, the power of perseverance, and their ambition to build a billion-dollar company with just ten people. Learn more about Model ML: https://www.modelml.com Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs Chapters: 00:00 - Intro 01:06 - What Is Model ML? 02:10 - Early Success 02:44 - What Companies Did Before Model ML 03:24 - Model ML Origin Story 04:53 - Their Customers 05:15 - Automating Analyst Work 06:51- AI Model Evolution 08:12 - Vision Model Breakthroughs 10:49 - Sales Process 12:44 - Lessons From Past Startups 13:24 - Hiring Advice 16:52 - The Power of Perseverance 17:02 - Fat Llama Origins 17:46 - Fancy Origins 25:04 - Customer Obsession 26:38 - Staying Customer-Centric 33:46 - Advice to Builders 39:38 - Why Do YC Multiple Times 41:22 - AI in SF 42:19 - Where to Build? Europe vs. SF