Comment by bko
9 hours ago
Their wiki says they have ARR over 100m. Pretty impressive for a product that's 9 months old. 20x multiple is high sure, but hardly seems like friends giving friends money for ... reasons
9 hours ago
Their wiki says they have ARR over 100m. Pretty impressive for a product that's 9 months old. 20x multiple is high sure, but hardly seems like friends giving friends money for ... reasons
It’s not so hard to get ARR if you don’t care about margin.
Cool, sounds like you discovered a life hack. Build something that can get $100m ARR while losing money, sell it, become billionaire.
Build something that can get 1k users. No in fact, build something that can get 100 users!
No offense, but you sounds like someone who has never actually had to build a business or product. It's hard to build something people use, even if its free. This isn't moviepass concept where they're literally selling $10 for $5, but even that's hard to sell! There are plenty of companies that try and fail to get tracking with moviepass economics.
If you are having problems attracting users, even when free, consider that maybe your product doesn't offer much value to them. I say this as someone who has bootstrapped a 7 figure software business.
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> Build something that can get 1k users. No in fact, build something that can get 100 users!
Sam Altman has entered the chat
My observation is that 100m ARR in this AI economy is impressive but not particularly rare. There's a lot of hype sales and WoM sales going on.