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Explore Factory's Matan Grinberg: The Coming ‘Dark Factory’ Where Software Builds Itself with 41,459 views, 213 likes, and 14 comments. Experience the impact of this video content that has captured audience attention.

Factory started building fully autonomous coding agents in April 2023, two years before enterprises were ready. Matan Grinberg now says this is indistinguishable from being wrong. The Factory co-founder and CEO explains how the company survived its "journey in the desert," including the decision to hand nearly all of its revenue back to customers when the product wasn't making developers obsessed. Matan makes the contrarian technical case that a model-agnostic harness beats the model-and-harness co-design that labs like OpenAI and Anthropic favor, because exposing a harness to many models keeps it from overfitting to any single one. He argues open-weight models like GLM will capture the majority of tokens by staying one generation behind the frontier at a fraction of the cost, and that CIOs will soon justify every incremental token the way they justify headcount. Looking ahead, he predicts 90% of coding tokens will run asynchronously—the "dark factory" where software builds itself. Hosted by Sonya Huang and Pat Grady, Sequoia Capital 00:00 Introduction 01:37 Enterprise Lock In Fears 04:26 No Lock In Promise 05:24 Two Years Early 07:24 Refunding Revenue 13:49 Droid CLI Breakthrough 16:44 Harness Frontier Tactics 26:42 Natural Language Routing 27:32 Open Models Catch Up 29:26 Token Share Forecasts 31:02 Automating Low Leverage Work 32:36 Pricing Beyond Tokens 35:56 Software Factory Vision 43:43 AI Transformation Playbook 46:13 Async Agents And Optimism

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