Amjad Masad: Replit Revenue 100x in 18 Months, Declares Anthropic Has 'Best Tool Calling' and 'Best Agentic Loop'

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In a TechCrunch StrictlyVC interview, Replit CEO Amjad Masad revealed the company went from $2.8M revenue in 2024 to tracking toward a billion-dollar run rate. Masad stated 'Anthropic is still undefeated on the core agentic loop' with 'the best tool calling' and agents that 'stay coherent much longer' — a significant endorsement from a company that could use any model. He contrasted Replit's positive gross margins with Cursor's reported -23% margins while preferring independence over acquisition.