Umar Khan
person on 1 show · 7 statements across 1 episodes
On the record as a speaker too: Umar Khan across every show, appearances and statements → this page counts the times other people say the name.
7 statements about Umar Khan, every show
Khan: Founders should launch complementary side projects without abandoning core products
“Our approach is first try to build a project that is side project. And that is kind of complement to the main part. And let's see how it comes out slowly. Not, so you, as a founder, you have a limited time, right? So you cannot put everything into the new thin…”
Khan: Founders Must Prepare Technical Asset Transfers Before Due Diligence Starts
“Try to build a product that is very easy to transfer and get ready things done before even the due diligence process started, because you, at the end of the day, you have to transfer the assets, right? So be prepared yourself so that there is very less time be…”
Khan: ChatFi Received Around Three Acquisition Offers Before Selecting Buyer
“We had around, I think three three to five interested buyer. We got around three offers, I think, and four to five buyers for, we had a lot of detailed discussions, but we decided one of the buyer that was very suitable.”
Khan: Startup Founders Must Close Acquisition Deals As Quickly As Possible
“The best thing I think What you should do is get the deal close as soon as possible. Because since it's a space, it's very unpredictable and it can happen with any industry as well. So as soon as you list the product, try to get a couple of interested buyers. …”
Khan: ChatFi was sold to fund core marketing software products
“So Chartify was kind of fun project for us and it went viral and we decided to sell it
To fuel the cash for the other products, the main cost that we had.”
Khan: Persistent memory differentiated ChatFi from early AI competitors
“And the one of the major things that differentiate us from the other competitors, it was the character memory. So actually in the AI world, If you look at the one to two years back, it was very tough to hold the memory. For example, if you talk to a character,…”