"Bad ideas that turn good is where the alpha is." Nearly every investor told @l3amm usage-based billing was a terrible idea, and he built @getmetronome anyway. They saw what others couldn’t at exactly the right time. Metronome became the billing system behind some of the biggest names in AI, and @stripe acquired it earlier this year. Watch GC's @quentinclark in conversation with Scott. Chapters 00:00 — Meeting Scott at Dropbox 01:36 — Why Speed and Correctness Go Together 04:18 — Billing Was the Intern Project 06:09 — Betting Half of Software Goes Usage-Based 10:51 — Rejection Road Trip 12:24 — The Only Term Sheet They Got 16:44 — Refusing to Ship a Wrong Invoice 22:24 — Becoming CEO Overnight 27:06 — When Usage Went Exponential 31:45 — Choosing Customers Who Set the Bar 36:50 — Answering the Stripe Call