Bootstrapping a Generative AI Venture Using Services: Abhinav Girdhar, Founder CEO of Appy Pie (Part 2)

Sramana Mitra: So what precisely was the gap? Is it a pricing gap, was it more expensive, or was it a support gap? What was the gap? Abhinav Girdhar: The gap was mostly on the support side of things and also servicing in terms of how do we go about serving these customers. The US

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Bootstrapping a Generative AI Venture Using Services: Abhinav Girdhar, Founder CEO of Appy Pie (Part 1)

Abhinav has built a $15M+ ARR business by bootstrapping using services. Of his three products, one is a GenerativeAI design tool. Read on for more nuance. Sramana Mitra: All right, Abhinav, let’s start at the very beginning of your journey. Where are you from, where were you born, raised, what kind of background?

Bootstrap an AI Startup First, Raise Money Later: Sean Minter, Founder CEO of AmplifAI (Part 7)

Sramana Mitra: So where are you now in terms of numbers? You don’t have to share anything that you don’t feel comfortable. Sean Minter: We’re in the $10-$15 million ARR range today. Our goal is to get to the top end of that by the end of the year. We’ll continue to grow and do

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1Mby1M Udemy Courses with Sramana Mitra: Artificial Intelligence

At 1Mby1M, one of the most popular courses these days is the Artificial Intelligence segment. These courses include case studies that involve discussions on opportunities and challenges in Generative AI domain.

Bootstrap an AI Startup First, Raise Money Later: Sean Minter, Founder CEO of AmplifAI (Part 6)

Sramana Mitra: Let’s talk about the next round of financing now. You went from $1 million to $4 million, and then you raised another $12 million round of financing, where were you expanding? Where were you investing at this point?

Bootstrap an AI Startup First, Raise Money Later: Sean Minter, Founder CEO of AmplifAI (Part 5)

Sramana Mitra: So, when you raised $3.5 million, what did you determine as the place where you needed to invest? Was it people? Was it a certain go-to-market strategy where you were doing customer acquisition? This is a sales-based business, right? It’s a business where you have to actually do the selling. It’s not a

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Bootstrap an AI Startup First, Raise Money Later: Sean Minter, Founder CEO of AmplifAI (Part 4)

Sramana Mitra: So it took you four or five years of bootstrapped business building – building the product, getting the POCs going and so forth to get to $1 million ARR. How many POC customers or the $60,000 ARR kind of range customers did you have in the pipeline when you went out to raise

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Bootstrap an AI Startup First, Raise Money Later: Sean Minter, Founder CEO of AmplifAI (Part 3)

Sramana Mitra: Let’s focus on that phase. I just want to go from that zero to $1 million ARR phase. Where did the customers come from and were you building the product with customers or did you build something and then go to customers, how did you navigate that first phase? Sean Minter: I had

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