Assertion certainty 4/5 debate potential 2/5

Vidas: Rebuilding StrategyBox's Platform Costs Up to $3.5M

Aaron Vidas · How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool · Nov 7, 2023 · at 8:33

Aaron Vidas explains why acquisition discussions for StrategyBox stalled when prospective buyers believed they could replicate the platform in-house.

0:00 / 0:10exact quote · 10.8s
720p mp4 · rendered on demand · StarZero watermark
“If a company wants to go build the functionality that we had before you'd be looking at 3.25 to three and a half million us just in hard labor costs and, you know, nine to 12 months.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Aaron Vidas

Disclosure
Vidas shut down StrategyBox fearing ChatGPT would usurp its core tech
“We also saw we had early access to ChatGPT just because it was a data management platform, and we did AI and machine learning. I had a look at a lot of the functionality that we were building and investing in, and I looked at the capabilities of ChatGPT, and I…”
Aaron Vidas Nov 7, 2023 ▶ 4:46 How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool
Prediction Not checkable as stated
Vidas: Eight-week-old DAS Services will exceed $500K in 2023 revenue
“Well, I launched the company eight weeks ago, so the 20, the total revenue will sit at probably about a, just over a half million dollars.”
Aaron Vidas Nov 7, 2023 ▶ 3:46 How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool
Disclosure
Vidas: DAS Services shares no IP or equity with prior startup
“No, it was an entirely separate business. It's there's no intellectual property share. There's no, they're just totally separate things.”
Aaron Vidas Nov 7, 2023 ▶ 15:02 How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool
Disclosure
Vidas: DAS Services AI Maximizer fees range from $30K to $250K
“So our AI maximizer, our fee for services are between 30 K and 250 K dash training the projects. Right now we have three active customers. We're at about 41 and a half thousand a month.”
Aaron Vidas Nov 7, 2023 ▶ 3:01 How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool
Assertion Not checkable as stated
Vidas: StrategyBox Peaked at Nearly $900K ARR
“Four and five, 900 K. We had 900, we had close to 900 K in ARR.”
Aaron Vidas Nov 7, 2023 ▶ 12:01 How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool
Assertion Not checkable as stated
Vidas: UK EIS tax relief lets StrategyBox investors recover half their loss
“Their investors will still get a tax loss because we were part of an investment scheme called EIS, which is in the UK. So their investors will recover about half of the money.”
Aaron Vidas Nov 7, 2023 ▶ 15:35 How to do $500,000 Revenue in 8 Weeks launching new AI SaaS Tool
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.