Everything David Bressler said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Microsoft simultaneously sent a cease-and-desist and reached out for add-on integration
“Microsoft actually reached out to me. They reached out to me twice. One for a cease and desist. And the other one, it was someone that was on their add-ons team.”
FormulaBot hit 750,000 users, 5,000 paid subscribers, and $26,000 MRR
“The application has been around for about a year and a half, and during that time, there's now roughly about 750,000 users. And of those seven, 550 K, there's about 5000 people that pay for unlimited access to tool. And during that time, it's reached about 26,…”
FormulaBot shifted from 100% Bubble no-code to just 5-10% no-code
“At that time, the whole app was in bubble. It was a hundred percent no code. Probably up until maybe four or five months ago, it went from a hundred percent no code to now it's about, I would say, like five or 10%.”
FormulaBot racked up $5,000 in OpenAI API costs in a few days
“I blew through like 5000 dollars in open AI API costs in days.”
Bressler did free spreadsheet work on calls to get user feedback
“Even if they're not a paying customer, I'm going to Take this, but guess what? I'm going to do it with you on a phone call and I'll do your work for you. But every time I do it, they have to hop on a call with me and they have to ask questions about what they …”
FormulaBot sees 5% churn, with 10% of churned users leaving for ChatGPT
“I have about five percent churn. 10% of the reason as to why people churn is because of ChatGPT.”
OpenAI suggested the name 'Excel Formula Bot' in July 2022
“While ChatGPT wasn't around then, the actual technology was.
I actually asked the OpenAI application.
I said, hey, I'm thinking about building this app.
What's a good name for it?
And one of the names it suggested was Excel Formula Bot.”
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