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Pedro Alves

๐Ÿ‘ค Speaker
225 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

Yeah, so we have about 55% or 60% of the way to go.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

Yes, absolutely.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

Yes.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So I've, like you said, you know, I've been my whole career doing AI and trying to get companies to actually get a return on investment besides just PR, which is how most companies see AI today.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

And yeah, our company is software, right?

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So it's software that enables a user that's not very technical, a business end user, an analyst to build models that up to today would take, you know, a team of PhDs to actually build.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

No, no consulting.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So it's, we try to build in a way that incentivizes people to build more models to do more with AI.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So initially investors really wanted us to charge per model built, per project done.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

And that way, I think it goes back to the whole thinking, the whole mentality of companies going, okay, we have these five projects.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

We only have money for two.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

Which ones do we choose?

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

We didn't want that.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So the idea is if we charge per user and say how many people are going to be using the software, a simple type of user license, then they can build as many models and build as many projects as they want.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So most companies are going to be in a six figure yearly engagement with us just because of the number of people they have got a few, they're going to be in the five figure.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

And then we have a couple that are in the seven low seven figure range yearly, but those are a lot of users, you know, bigger, bigger companies.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

No, we want to incentivize the behavior of the more you do with AI, the better for your company, the better it is for us.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

Yeah, for a lot of companies, that's going to be the size.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So in that range, that's going to be in the three to six person team.

SaaS Interviews with CEOs, Startups, Founders
AI Company Ople $15m Raised, Just $500k Revenue, Overvalued?

So that's still, you know, company could be a medium sized company, but you have a small little team of analysts or business developers.

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