ChatFi

7 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Aug 25, 2025 by Umar Khan · said 15 times in 1 episodes since 2025 · across every show →

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brought up most by Andrew Gazdecki (11), Umar Khan (4)

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2025 15 mentions in 1 episode

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Everything said about ChatFi, oldest first

Aug 25, 2025
Disclosure
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.”
Umar Khan Aug 25, 2025 ▶ 12:50 Simple Steps to Get a Bootstrapped AI Startup Acquired
Aug 25, 2025 bullish
Assertion Not checkable as stated
Khan: ChatFi MRR grew from $5k to $20k in two months
“Within two to three months I remember the first month it was, the MRR was around 5000 dollars, then the second one it was around 20,000 dollars, then the third month it was going exponentially”
Umar Khan Aug 25, 2025 ▶ 3:12 Simple Steps to Get a Bootstrapped AI Startup Acquired
Aug 25, 2025 neutral
Assertion Not checkable as stated
Khan: ChatFi spent zero dollars on paid marketing during initial growth
“We didn't spend any penny on the paid marketing yet.”
Umar Khan Aug 25, 2025 ▶ 4:01 Simple Steps to Get a Bootstrapped AI Startup Acquired
Aug 25, 2025
Insight
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. …”
Umar Khan Aug 25, 2025 ▶ 11:17 Simple Steps to Get a Bootstrapped AI Startup Acquired
Aug 25, 2025 positive
Assertion Supported
Umar Khan: ChatFi was acquired on Acquire.com
“Later on, ah, we built another product, and ChatFi is our third product, and that recently got acquired on acquired.com.”
Umar Khan Aug 25, 2025 ▶ 0:57 Simple Steps to Get a Bootstrapped AI Startup Acquired
Aug 25, 2025 bullish
Assertion Not checkable as stated
Khan: ChatFi hit one million users within one year
“Within, within one year, we hit one million users.”
Umar Khan Aug 25, 2025 ▶ 3:39 Simple Steps to Get a Bootstrapped AI Startup Acquired
Aug 25, 2025 bullish
Assertion Not checkable as stated
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,…”
Umar Khan Aug 25, 2025 ▶ 5:12 Simple Steps to Get a Bootstrapped AI Startup Acquired
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