I’m so excited. I just saw $50K MRR on the Stripe dashboard and couldn’t believe my eyes. Insane to realize it’s only been 4 months.
Now I have another problem. Am I getting too big to sell? I’d be interested in selling the startup to work on the next phase in AI companionship.
Backstory: https://twitter.com/enias/status/1729458928897912853
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I thought ChatGPT doesn’t do nsfw content?
Congratulations on your achievement. $500K ARR certainly doesn’t make you too large to sell. The valuation you can expect will depend on your current growth rate, gross margin, LTV:CAC etc.
https://burklandassociates.com/2023/03/21/selling-your-startup-external-preparations/
https://burklandassociates.com/2023/03/21/selling-your-startup-internal-preparations/Thanks for the tips!
You say you won’t promote, then drop a Twitter link to promote…
banned ty
Do people really connect with these ai charachters? This is nuts.
Most likely a game like experience for people…and I bet they are overwhelmingly under 20.
Congrats! Would it be better to sell out vs holding it and make it a larger company?
What happened with stripe? I thought they blocked your account
Congrats on the milestone and thanks for sharing!
It just baffles me people are willing to pay for this kind of service.
Personally I’d never venture in these kind of businesses because you’re manipulating people’s emotions. It’s the same with dating apps in general, you’re selling a dream that for most people that use these kind of apps will never actually come true in life.
There will be the occasional person that uses it for therapy, but the majority of these users are most likely lost souls looking for some kind of affection from anyone.
Capitalising on that feeling is a good way to make money, but it doesn’t sit well with me personally.
congrats. how do you get your visitors?
Definitely too big to sell 😅