# Track 05 — Sources (Monetize AI Agents)

> Phase 1 wave 1. industry=monetize-agents (global, 30% zh-CN). 信号源 signal-to-noise 极差 (90% 是 hype / 营销号 / 内容农场), 严格筛选: 长访谈 podcast (≥30 min) + VC 长报告 + 创始人 newsletter + indie 真数据 + 学者 / 商业战略长文. 黑名单: Medium / dev.to 转载, Twitter 短帖, < 15 min YouTube, 假 thought leader.

## Source Manifest

| source_id | url | bucket | last_checked | author/host | one-line note |
|-----------|-----|--------|--------------|-------------|---------------|
| T05-S001 | https://www.latent.space | verified_primary | 2026-05-04 | swyx (Shawn Wang) + Alessio Fanelli | AI engineer 信源锚, 长访谈 + agent 创始人 deep dive |
| T05-S002 | https://lennysnewsletter.com/podcast | verified_primary | 2026-05-04 | Lenny Rachitsky | product / growth 长访谈, 2026-Q1 多期 agent 商业化主题 (Lovable / SaaStr / Every) |
| T05-S003 | https://www.lennysnewsletter.com | secondary | 2026-05-04 | Lenny Rachitsky | newsletter 主页, 付费版精华 worth it for B2B agent product GTM |
| T05-S004 | https://www.acquired.fm | secondary | 2026-05-04 | Ben Gilbert + David Rosenthal | 商业历史长 talk, OpenAI/Anthropic/Google AI 多集深度 |
| T05-S005 | https://www.nicolaygerold.com | secondary | 2026-05-04 | Nicolay Gerold | How AI Is Built — agent 工程师实战, solo builder ship 主题 |
| T05-S006 | https://stratechery.com | verified_primary | 2026-05-04 | Ben Thompson | "Agents Over Bubbles" / "End of SaaS" — agent 商业模型战略分析, paywalled but anchor |
| T05-S007 | https://every.to | secondary | 2026-05-04 | Dan Shipper + team | AI-native media + 创业者实操, "Agent Native 2026" 标杆叙事 |
| T05-S008 | https://newsletter.pragmaticengineer.com | secondary | 2026-05-04 | Gergely Orosz | engineering management + tech 商业, agent 工程化的"成本结构"长文 |
| T05-S009 | https://a16z.com | secondary | 2026-05-04 | Olivia/Justine Moore + a16z | 消费 AI / agent landscape 报告 — VC 视角主源 (but 需对冲 hype) |
| T05-S010 | https://www.sequoiacap.com | secondary | 2026-05-04 | Pat Grady + Sequoia | Generative AI 长报告 ("Acts" 系列) — B2B enterprise agent 战略基线 |
| T05-S011 | https://www.bvp.com | secondary | 2026-05-04 | Bessemer Venture Partners | State of Cloud + AI Top 100, B2B SaaS metric 标杆 |
| T05-S012 | https://www.theinformation.com | secondary | 2026-05-04 | Jessica Lessin | 付费但 enterprise agent / OpenAI 内幕权威, 报告 retain primary |
| T05-S013 | https://www.youtube.com/@allin | verified_primary | 2026-05-04 | Chamath / Sacks / Friedberg / Calacanis | All-In — VC 商业宏观 + 政策 + macro AI 资本观点 |
| T05-S014 | https://www.thetwentyminutevc.com | secondary | 2026-05-04 | Harry Stebbings | 20VC — VC + founder 访谈, Replit / agent founder episode |
| T05-S015 | https://www.indiehackers.com | secondary | 2026-05-04 | Courtland Allen | indie 实战 + revenue 透明, agent SaaS 案例库 |
| T05-S016 | https://hamel.dev | secondary | 2026-05-04 | Hamel Husain | 咨询师视角 — agent eval / 落地 实操长文 |
| T05-S017 | https://magazine.sebastianraschka.com | secondary | 2026-05-04 | Sebastian Raschka | Ahead of AI — papers→production 翻译, 学者长文 |
| T05-S018 | https://www.ai.engineer | secondary | 2026-05-04 | swyx + AI Engineer team | World's Fair (Jun-Jul SF) + Europe (Apr London) — agent 实战派最大年度聚集 |
| T05-S019 | https://saastrannual2026.com | secondary | 2026-05-04 | Jason Lemkin | SaaStr AI Annual 2026-05 (12500+ founders, 200+ speakers) |
| T05-S020 | https://microconf.com | secondary | 2026-05-04 | Rob Walling | bootstrap SaaS 圣城, 2026-04 Portland / 2027 Austin — indie 商业模式深度 |
| T05-S021 | https://www.ycombinator.com/blog/2026-demo-days | verified_primary | 2026-05-04 | Y Combinator | YC W26: 60% AI / 14 公司 demo day 时 $1M ARR — agent startup 实时信号 |
| T05-S022 | https://hardhacker.com | secondary | 2026-05-04 | skoowoo + Podwise team | 硬地骇客 — 中文 indie SaaS 长访谈, Podwise 创始人母节目 |
| T05-S023 | https://www.xiaoyuzhoufm.com/podcast/626b46ea9cbbf0451cf5a962 | verified_primary | 2026-05-04 | 张小珺 | 商业访谈录 — 2-7h 长对话, 国内 AI / VC / 创始人深度报道源 |
| T05-S024 | https://www.36kr.com | secondary | 2026-05-04 | 36氪 | 国内 AI 创业报道, 长文 retain (短文 drop) |
| T05-S025 | https://x.com/levelsio | surrogate_primary | 2026-05-04 | Pieter Levels | X 公开 revenue/实验 (Nomad List ~$5M/yr) — indie hacker 信号但需聚合长帖, 不收单条 (vendor docs) |

## 总览

### Newsletter / Substack — 9 个
| Source | Cadence | Tier | 投入产出 | One-liner |
|--------|---------|------|---------|-----------|
| Stratechery (T05-S006) | 4-5x/wk | senior | high | agent 商业模型战略分析锚 |
| Lenny's Newsletter (T05-S003) | weekly | practitioner+senior | high | product / growth / GTM 深度, AI pricing 25-50% value capture 论 |
| Every (T05-S007) | daily | mixed | high | AI-native 创业实操, Lex 拆分案例 |
| Pragmatic Engineer (T05-S008) | weekly | senior | medium | engineering management + agent 成本结构 |
| Ahead of AI (T05-S017) | biweekly | senior | medium | papers→production 翻译 |
| a16z blog (T05-S009) | rolling | mixed | medium | landscape 报告 — 需对冲 VC hype |
| Sequoia Capital (T05-S010) | rolling | senior | medium | "Generative AI Acts" 系列, enterprise 视角 |
| Bessemer (T05-S011) | quarterly | senior | medium | State of Cloud + benchmark metrics |
| The Information (T05-S012) | daily | senior | high (if paid) | enterprise agent 内幕权威 (paywall $399/yr — worth it for B2B) |

### Podcast — 9 个 (≥ 30 min 长访谈为主)
| Source | Cadence | Host | 投入产出 | One-liner |
|--------|---------|------|---------|-----------|
| Latent Space (T05-S001) | weekly 1.5h+ | swyx + Alessio | high | agent founder 长访谈锚 |
| Lenny's Podcast (T05-S002) | weekly 1h+ | Lenny Rachitsky | high | 2026-Q1: SaaStr 20 agents / Lovable $200M ARR / Simon Willison agent 状态 |
| Acquired (T05-S004) | monthly 3-4h | Ben Gilbert + David Rosenthal | high | 商业史长 talk, OpenAI/Google/Anthropic 集 |
| How AI Is Built (T05-S005) | weekly | Nicolay Gerold | high | engineer 实战 + solo builder ship 工作流 |
| All-In (T05-S013) | weekly 1.5h+ | Chamath / Sacks / Friedberg / Calacanis | medium | VC + 商业宏观, 政策视角 (要忽略 grandstanding) |
| 20VC (T05-S014) | 3x/wk | Harry Stebbings | medium | VC + founder 短谈, Replit / agent founder 集 |
| 张小珺商业访谈录 (T05-S023) | weekly 2-7h | 张小珺 | high | 国内 AI / VC 长访谈唯一一线源, 2026-Q1: 罗福莉 / Axiom |
| 硬地骇客 (T05-S022) | weekly | skoowoo + Podwise team | medium | 中文 indie SaaS 三人长聊, 海外 SaaS / agent 案例 |
| Indie Hackers Podcast (T05-S015) | weekly | Courtland Allen | medium | indie 创业故事, agent SaaS 案例 |

### Conference — 4 个
| Conference | 频率 | 下届 | One-liner |
|-----------|------|------|-----------|
| AI Engineer World's Fair (T05-S018) | annual | 2026-06-29~07-02 SF + Europe 2026-04-08 London + Miami 2026-04-20 | agent 实战派最大聚集, 400+ sessions / 10 tracks, 视频后免费 YouTube |
| SaaStr AI Annual (T05-S019) | annual | 2026-05-12~14 SF Bay | 12500+ founders, B2B AI GTM / pricing / sales 主线 |
| MicroConf US/Europe (T05-S020) | annual | 2027 Austin (US) / 2026 Reykjavik (EU) | bootstrap SaaS 圣城, 32% > $100K MRR — 2026 主题: AI moat |
| YC Demo Day (T05-S021) | quarterly | W26 已 2026-03-24 / S26 next | YC W26 60% AI / 14 公司 $1M ARR by demo day — agent startup 实时信号 |

### Community — 2 个
| Community | Platform | 规模 | One-liner |
|-----------|----------|------|-----------|
| Indie Hackers forums (T05-S015) | indiehackers.com | 100k+ | revenue 透明 + 案例库, agent SaaS post 频繁 |
| 硬地骇客 Discord (T05-S022) | Discord | ~few k | 中文 indie SaaS / agent builder 圈, Podwise 团队互动 |

### Indie hacker 信号源 (个人创始人)
| Source | 类型 | One-liner |
|--------|------|-----------|
| Pieter Levels @levelsio (T05-S025) | X long thread + levels.io blog | Nomad List/Photo AI ~$5M/yr 完全透明, 标 surrogate_primary 聚合长帖 (单条 < 50 retweets drop) |
| Marc Lou @marclou | X + ShipFast | $50-70k/月多产品, MVP / boilerplate 视角 (X 长 thread retain only) |

### 国内 zh-CN 补充 (信号占比 ~30%)
- T05-S023 张小珺商业访谈录 — 主源 (2-7h 长对话, 国内 AI 创业一手访谈)
- T05-S022 硬地骇客 — 海外 SaaS 视角的中文化, indie 三人长聊
- T05-S024 36 氪 — 长文 only retain (内容农场短文 drop)
- 量子位 / 机器之心 — 长技术报告 retain (公众号身份合法 source, 不引文章)

## 反例 / 黑名单 (剔除)
- **AI hype 营销号**: SuperAGI 类官方 newsletter (品牌 PR 重) / 未付费 DeepLearning.AI 普通 newsletter (Andrew Ng 个人长 talk OK 但日常 newsletter drop)
- **内容农场转载**: Medium 无作者背书 / dev.to 转载 / hackernoon / hashnode random
- **短视频/短帖**: < 15 min YouTube, Twitter 单条 < 50 retweets, 不可存档
- **假 thought leader**: 没有自己产品 / 没有创业经验, 只转推 hype 的 AI X 账号
- **Pivot (Kara Swisher) / TWiST (Calacanis)**: 考虑但 drop — 商业宏观但 agent 商业化深度不足, 已被 Lenny / Acquired / All-In 覆盖
- **Logan Bartlett Show / MAD Podcast (Matt Turck)**: borderline — VC 视角已被 a16z + Sequoia + 20VC 覆盖, 不冗余收
- **Indie Bites / Default Alive**: drop — 已被 Indie Hackers + MicroConf 覆盖, 同一圈互覆
- **国内朱啸虎/张颖个人公众号**: 黑名单 (公众号文章), 但访谈 (张小珺 / 硬地骇客 中) retain
- **Lab @ Sequoia / Slush / TechCrunch Disrupt**: drop — 综合大会, agent 商业化非主线, signal 稀薄

## Phase 2 提炼提示

**这一行的资深人订阅最多的 top 3 sources** (cross-source 引用 ≥ 3):
1. Latent Space (T05-S001) — agent founder 长访谈锚
2. Lenny's Podcast + Newsletter (T05-S002/S003) — product / growth / pricing 深度
3. Stratechery (T05-S006) — agent 商业模型战略分析

国内 top 1: 张小珺商业访谈录 (T05-S023) — 一线一手访谈, 不可替代

**最近 3 个月话题热度** (topic-heat: medium-confidence, episode title 已 spot check):
- "Agents replacing seats" (Stratechery T05-S006 / Lenny T05-S002 / Microsoft E7 $99/seat)
- AI pricing capture 25-50% value vs SaaS 10-20% (Lenny + Madhavan Ramanujam ep)
- Solo builder + agent 工作流 (How AI Is Built T05-S005 / Every Dan Shipper T05-S007)
- AI moat 问题 (MicroConf 2026 主题 / Stratechery / a16z)
- $200M ARR / 100 employee AI-native 公司 (Lovable on Lenny)

**新 figures 候选** (喂给 wave 2 Track 01): Dan Shipper (Every CEO) / Madhavan Ramanujam (pricing) / Elena Verna (Lovable growth) / Olivia Moore (a16z) / Pat Grady (Sequoia) / 张小珺访谈过的国内 founders (罗福莉 / 洪乐潼)

**新 tools 候选** (喂给 wave 2 Track 02): Lovable ($200M ARR) / ShipFast (Marc Lou) / Podwise (硬地骇客团队) / Lex (Every spinout)

**冷僻 / 信号薄弱**: 25 sources retained, 5 type 全覆盖 (newsletter 9 / podcast 9 / conference 4 / community 2 / indie surrogate 2). ✅ not cold. 一手率: verified_primary 5 + surrogate_primary 1 = 6/25 ≈ 24% — **低于 60% 目标**, 因 verifier whitelist 不含多数创业者 newsletter / VC / podcast 主页. 实质 ≥ 18 个是 author/host 一手发声渠道, 诚实边界节需说明 "机械 secondary 不等于二手, 是 verifier whitelist 外".

## 时效衰减 + 订阅频次

| Type | Decay | 频次 |
|------|------|------|
| Personal newsletter (Stratechery / Every / Lenny / Pragmatic Engineer) | medium (6-24 月 host-dependent) | 每日-每周 |
| Personal podcast (Latent Space / How AI Is Built / 硬地骇客 / 张小珺) | medium-high (个人疲劳风险) | 每周 |
| VC 内容机器 (a16z / Sequoia / Bessemer / The Information) | low (机构级) | 每月看报告 |
| Conference (AI Engineer / SaaStr / MicroConf / YC) | low (年度稳定) | 每年, 视频后 YouTube |
| Indie X (Pieter Levels / Marc Lou) | medium (平台依赖) | 仅长 thread 聚合 |
