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Dharmesh publicly congratulated Arjun Mahadevan and the doolaHQ team on the…

2026-06-24 · 16:10 UTC ·@dharmesh ·0 min read

Brief

Dharmesh praised Arjun Mahadevan and the doolaHQ team for launching the doola Formation API. Arjun framed the product around his projection of 665M entrepreneurs today growing to 850M by 2030 (one in six working adults) and argued many global founders need US entities to bank and receive payments, which the new API seeks to solve.

Why it matters

Dharmesh publicly congratulated Arjun Mahadevan and the doolaHQ team on the launch of the doola Formation API and emphasized his enthusiasm for APIs and entrepreneurs.

Key details

  • Arjun Mahadevan claims there are 665 million entrepreneurs today, rising to 850 million by 2030 (1 in 6 working adults), and says most global founders need a US entity to bank, get paid, or go live—doola Formation API aims to provide that capability.
Source evidence

I love APIs and I love entrepreneurs even more.

Congrats to @ArjunMahadevan and the @doolaHQ team on the launch.

Arjun Mahadevan (Mr. LLC 🇺🇸) (@ArjunMahadevan)

665M entrepreneurs today. 850M by 2030. 1 in 6 working adults will start a biz.

Most will be global. Most need a US entity to bank, get paid, or go live. Most platforms can't give them one. Until today.

Introducing the doola Formation API, the future of business formation👇🏾

Video

— https://nitter.net/ArjunMahadevan/status/2069812940866306470#m