# Interview with Sam Conman

> Source: <https://zhenyi.gibber.blog/interview-with-sam-conman>
> Published: 2026-05-25 22:50:40+00:00

**Host:** Welcome to the second episode of our [fictional show](https://zhenyi.gibber.blog/interview-with-indy-d-loper)! Today, we have a very special guest, Sam. Sam, could you introduce yourself to the audience?

**Sam:** Hi, I’m Sam Conman, founder and CEO of conman.ai. I am a serial killer-entrepreneur, TEDx speaker, and a thought leader on Twitter. Before conman.ai, I scaled three startups to…

**Host:** Okay, I am reading your homepage. It says you’re a, quote, “next-generation, AI-native value disintermediation platform revolutionizing the liquidity lifecycle of fiat micro-assets”. I’m not familiar with those terms. Can you explain what your company actually does?

**Sam:** Sure, at conman.ai, we deliver hyper-optimized, dollar-equivalent unit transactions at unprecedented sub-parity…

**Host:** Hold on. Sorry, you’re losing me here. **chuckles** For the sake of the audience, can you explain it like I’m five?

**Sam:** Oh. Okay. We sell one dollar at the price of 90 cents.

**Host:** Wow, that's… an interesting business model. What does that have to do with AI?

**Sam:** Well, our landing page was vibe-coded, so I’d say a lot. But the more important thing is, when we added the “.ai” to our company name, our stock price went up 80% in a quarter.

**Host:** How does your company make money then?

**Sam:** Oh, we are not in the business of profit. We’re in the business of *growth*. We raise funding from VCs with our hockey-stick revenue projections.

**Host:** Why would VCs invest in you when your business model is not profitable?

**Sam:** They can see the risks. But they can also see the opportunity. When we IPO’d, they got back their money and then some.

**Host:** How is it possible for an unprofitable company to IPO… never mind. What’s next after that?

**Sam:** After that? You hype up the stock by selling a story. You tell people about the total addressable market and the monthly active users. Wall Street loves these stories, and they will push our stock price to new highs.

**Host:** You mean investors don’t care if the company is actually making money?

**Sam:** Yeah, and after some time, our stock gets picked up by ETFs and retirement funds. At that point, everyone is involved. It’s in your 401k whether you like it or not.

**Host:** Wow, that’s very… eye-opening. But what happens when your bull, I mean stories, no longer work? What if the investors lose confidence?

**Sam:** Then we announce a mass layoff and say we’re streamlining our workforce with AI. Learned it from [CEOConf](https://zhenyi.gibber.blog/the-greatest-ceo-of-all-time) last month.

**Host:** … remind me to check my retirement fund after this.