Endra co-founder Niklas Lindgren contrasts his experience bootstrapping an enterprise business to profitability with how venture-backed founders treat early capital.
Assertion Not checkable as stated
Lindgren: One engineer using Endra matches 50-person design team's output
“So the end result they're getting is the same one as if they were to use us, the design team of 50 people, but it, you know, you can do it from one person and you can do it much faster and you can do much better.”
Assertion Not checkable as stated
Lindgren: Endra spent $150K on brand and website before having a product
“I think we spent maybe a 150 something, 150 K something. So like building the first web, building the first sort of visuals and motion around the product and like before there is almost anything.”
Assertion Not checkable as stated
Lindgren: Endra completes 80% to 90% of 400-hour engineering projects in under 10 minutes
“Once I ingest this into Endra, it, it's not perfect, but it comes to, like, 80, 90% of whatever I did before, and I spent 400 hours doing this project. And recredit this from in under 10 minutes.”
Opinion
Lindgren: Autodesk acquired Revit in 2002 and nothing has happened since
“They, today they work in one tool from, that's called Revit it's, it was built in 97, acquired by Autodesk in 2002. Nothing had happened since.”
Assertion Not checkable as stated
Lindgren: Endra Has Never Run an Active Fundraising Process
“We have never done a process. None of the rounds has been a process.”
Assertion Not checkable as stated
Lindgren: Endra Is the First and Only Player in Its Space
“The fact that we are still the only player in this space meaning that there is some extremely large market to capture. We're first, and we are obviously for that reason as well, the best funded, and it's a market that not a lot of people are thinking about exi…”