Go offline with the Player FM app!
Simple Steps to Get a Bootstrapped AI Startup Acquired
Manage episode 502397349 series 3357653
Umar Khan didn’t plan to sell.
Bootstrapped and lean, his AI side project ChatFAI went viral: 1M users in a year and MRR jumping from $500 to $2,000 in two months. Its edge? Long-term memory that kept conversations alive.
Despite traction, Umar chose focus over scale. He listed on Acquire.com, where verified buyers, clear documentation, and fast communication turned the process into a clean, stress-free exit.
In this episode, Umar shares:
How viral growth shaped a bootstrapped exit
- Why focus matters more than chasing scale
- How Acquire.com tools built trust and sped up due diligence
Here are 3 lessons from Umar’s exit:
- Preparation shortens deals
- Differentiation makes buyers move fast
- Timing your exit is everything
Whether you’re scaling for the long run or considering an exit, Umar’s journey proves that timing, preparation, and focus define the outcome.
Follow Umar's Journey:
135 episodes
Manage episode 502397349 series 3357653
Umar Khan didn’t plan to sell.
Bootstrapped and lean, his AI side project ChatFAI went viral: 1M users in a year and MRR jumping from $500 to $2,000 in two months. Its edge? Long-term memory that kept conversations alive.
Despite traction, Umar chose focus over scale. He listed on Acquire.com, where verified buyers, clear documentation, and fast communication turned the process into a clean, stress-free exit.
In this episode, Umar shares:
How viral growth shaped a bootstrapped exit
- Why focus matters more than chasing scale
- How Acquire.com tools built trust and sped up due diligence
Here are 3 lessons from Umar’s exit:
- Preparation shortens deals
- Differentiation makes buyers move fast
- Timing your exit is everything
Whether you’re scaling for the long run or considering an exit, Umar’s journey proves that timing, preparation, and focus define the outcome.
Follow Umar's Journey:
135 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.