Opinion
Banning congressional stock trading harms Autopilot but helps society
“I honestly hope they get banned. Like they shouldn't be able to, if they get banned, it's bad for our business, but I think it's better for society and it's better for the trustworthiness of our government.”
Assertion Supported
Josephs: Autopilot planted a fake Nancy Pelosi at a UFC fight
“We literally did send a fake Pelosi to the fight. She was sitting there in the front row with Mike Malak. There's all these pieces of content around her. The New York post already kind of took it up. They created an article about it.”
Insight
Attaching notable names is the only way to capture user attention
“The only way you can really get people to pay attention to what you want to do, in my opinion, was getting notable names”
Insight
Operating a public figure tracker avoids influencer scandal risk
“They had a spokesperson for their brand. It kind of represented what they did, but the problem with it is you're then beholden to whatever happens to David Dobrik. So one scandal comes out, he's gets in trouble. Your brand gets in trouble by having us kind of …”
Insight
Rebranding a personal TikTok to a corporate brand increases clicks 5X
“Before you get big and before you launch a product, if you create a personal brand, more people want to follow personal brands, but the downside is you don't get as many clicks. Once you have the larger account, you switch it, we switch it to join autopilot an…”
Disclosure
Autopilot has all major meme accounts on its cap table
“We have all the major meme accounts on our cap table.”
Assertion Supported
Josephs: Autopilot is first app enabling automated politician trade copying
“It's The first app that allows you to automatically copy politician stock trades.”
Assertion Not checkable as stated
Josephs: Autopilot has 1.2M downloads and $300M invested
“And our app has around like 1.2 million downloads, three hundred million dollars invested things of that nature.”
Insight
Josephs: Social Media Users Follow Movements and People, Not Brands
“No one follows brands. Everyone follows movements. Everyone follows like people.”
Insight
Josephs: Combining Memes and Investigative Journalism Builds Online Authority
“The meme builds virality. Investigative journalist builds credibility and marrying them together. And then you have an account that's an authority.”
Disclosure
Josephs: Autopilot sponsored UFC for brand differentiation, not app downloads
“Like that, that was the goal of the UFC. It was to Not to drive downloads, not even really to build out brand awareness, but to put Autopilot on the map and differentiate us from our competitors to be like, that's a cool company that I like because they're swi…”
Insight
Josephs: Build PR by Feeding Reporters Niche Intel Instead of Pitches
“I recommend to people build out a email list of reporters that cover your space and don't sell your product. Don't sell you. Just give them high quality content, make them feel like they're always in the know with their space, because when they do want to writ…”
Prediction Not checkable as stated
Josephs: Live shopping streams are next evolution of lifestyle content
“I see it as like the next evolution of getting ready with the makeup, putting your outfits on, fit checks, to then, I'm, this is like what I'm shopping for, online shopping experience, and I think girls would eat it up.”
Assertion Supported
Josephs: Live shopping crushes it in Asia but has failed in America
“It crushes it in Asia, but it hasn't translated to America.”
Opinion
Josephs: Twitch is too branded as a gaming site to capture shopping
“Twitch is just, it's branded too much as a video game site.”
Assertion Not publicly verifiable
Josephs: OpenAI sent Autopilot a cease and desist over ChatGPT portfolio
“OpenAI sent us a cease and desist, so we have to close that one down.”
Insight
Startups should leverage existing viral channels instead of creating new ones
“Like a huge thing that I believe is social media is sort of like a web of just like the neurons in a brain. Everyone is just sending stuff through the different distribution channels. But the one thing to note is those distribution channels are already made. Y…”
Insight
Users prefer following individuals and cultural movements over corporate brands
“The spokespeople for these brands are great because as an end user, you don't want to follow another brand. It's like, I want to follow an actual person. I want to follow like a movement.”
Insight
True virality requires exact and consistent peer-to-peer messaging
“If I were to tell you something and you were to go tell your friend something, we want to make sure that what I told you is the exact same thing that you told your friend. That's how these things truly, truly go viral.”
Disclosure
Autopilot reached 53,000 downloads and $220K ARR days after launch
“Built this Iris, the autopilot app and the autopilot app now has around 53,000 downloads. We launched Yesterday, two days, we launched on Thursday, so we launched a couple days ago, but that app already has 53,000 downloads, zero dollar CAC, all just through t…”
Assertion Supported
75% of heirs fire their parents' financial advisor immediately upon inheritance
“75% of those heirs, when they receive that money, fire their parents' financial advisor the same day they get that money.”
Assertion Supported
Josephs: Pelosi Tracker and Politician Trade Tracker each have 750K followers
“I've personally built that Pelosi tracker with the help of my team, it's not just me, but to around like 750,000. On Instagram, we have another account called the politician trade tracker, which has around 750,000.”
Disclosure
Autopilot's RIA Status Limits Paying Meme Accounts for Viral Reposts
“And we aren't able to do that as much anymore because of we're a registered investment advisor. And once you're on RIA, as on the autopilot side, you gotta be careful with payments and things of that nature.”
Disclosure
Josephs: Autopilot is transitioning to a creator portfolio marketplace
“The cool thing we're a marketplace now, so we're going to have people actually be launching their portfolios and we're going to be building content around those people.”
