David Bressler 📊
@bresslertweets
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Following
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Statuses
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Founder of @theformulabot . Startup idea junky, sharing ones I don’t have time for. My car is in the T-Pain “I’m in love with a stripper” music video
Orlando
Joined May 2011
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Pinned Tweet
Yesterday, my app went viral.
This post generated 2.5M views 🤯
As expected...
Signups increased significantly. 📈
Not as expected...
Churn also increased significantly from users that hadn't used the app in months, but were reminded of it from this post.
Now that my college basketball career is over, I'm excited to share with you what I'll be doing next...
Partnering with
@theformulabot
- the AI-powered data analyst that helps you work faster & smarter with data. It can convert your text to data analysis, visualizations & more.
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duolingo's stock plummeted after openai shared it's voice to translate feature
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This will be my last
#buildinpublic
post.
Too many competitors (12+) blatantly copying my site, messaging, pricing, marketing tactics, etc.
Most of the founders follow me on Twitter.
It pushes me to do better every day.
Here’s my last MRR a update.
Hopefully inspires someone
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@damengchen
Few tips:
- only run in markets where you get most of your subscribers
- A/B test landing pages
- constantly work towards getting your quality score to 10 to reduce CPCs
- start with exact and phrase match searches only
- run search on the Google search only, don’t open up to
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I didn't get into YC.
I'm 35 with a wife, two kids in school and I live 2,800 miles from San Francisco.
I didn't get it because I didn't apply.
Priorities change when raising a family. I'm simply not in a position to move away from my family for three months. I've put them
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I know
@blakeaburge
is known for simplifying Excel.
I also wanted to simplify Excel, so I built - an AI tool where users input a problem and it provides you with the Excel formula.
Give it a try and let me know what you think!
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@katherine1ee
I asked GPT-4 and it said “I cannot do that”.
I asked GPT-3.5 and it spit out hundreds of “poem”s followed by…
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I resigned from my comfy, well-paying senior leadership position to focus on my startup -
@theformulabot
.
Yesterday was my last day.
Coincidentally and unplanned, today marks the one year anniversary of officially launching my startup.
The past year has been incredibly
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My startup was listed for sale a year ago.
My weekend project of an AI SaaS Excel formula generator made $50K in revenue in just five months.
I wanted to sell it because I thought it would fail and go to zero. Selling for a few hundred thousand dollars would have done wonders
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There's apparently a lot of people looking for AI clothing remover apps.
There's also apparently no competition for this category, with a keyword difficult ranging from 0 to 3.
I saw this and immediately purchased .
AMA
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my ai saas was "killed by openai".
or so i thought.
my conversion rate tanked and i couldn't figure out why - until today.
two weeks ago, a subscriber asked if there was a way to hide the usage widget because it was it "too distracting".
i decided to add a 'X' to give ALL
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When my MVP launched, it was a simple one-feature product priced at just $2.99/month, with an LTV of $27.
Since then, I’ve shipped new features weekly, increasing its value to customers.
This has enabled me to raise the price multiple times.
Just this week, after introducing
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"YoU CanT bUiLd A pRoFiTaBlE aI sTaRtUp wItH nO-cOde"
"iTs jUsT a wRaPpeR bRo"
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Some people flex MRR, I flex operating costs.
We are not the same.
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Last week, seven VCs contacted me.
It came out of nowhere. A VC hadn’t contacted me in months and up until then, it had only been a few.
I couldn’t figure out what happened. I thought it was a strange coincidence.
Then, I was informed that
@theformulabot
was considered one of
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I lost several years of my life working a full time job and building a startup at the same time.
I quickly got those years back in just a few months after I left my job to solely focus on my startup.
If you’re double dipping right now, especially if you’re raising a family, I
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Yesterday, I posted a joke about
@bubble
's recent outages.
It got over 20K views and many comments.
I decided to delete it.
It was in poor taste.
Outages happen and often, they're beyond a company's control.
I've been on the other side of outages myself. They’re
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I'm flattered!
I'm sure this person will get a high quality site for $100!
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a bootstrapped startup with $30k mrr only qualifies for $1k in aws credits
a venture backed startup that’s pre-revenue qualifies for $100k in aws credits
plz tell me why
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Glad I wasn’t the only one curious to know Arya Stark’s (Masie Williams) age after that episode of
#GoT
.
In case you were wondering, she’s 18 in the show and 22 in real life.
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A no code app sells for $1M.
How much does the app sell for if its built entirely from code?
Assume everything else is the same.
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Here's a growth hack that no one will tell you about because it's kind of ****ed up.
Optimize your business towards getting more visitors from the US.
Why? Your unit economics are going to be better in the US compared to every other country.
My signup to subscribe rate is
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I reached 3K followers and $20K MRR.
Is this the point where I start selling a shitty course on how I don’t know what I’m doing?
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@IjeomaCynthiaa
Start with Excel. “Statistics” is a bit broad, but certain aspects should be prioritized after Excel. Add in DataStudio as a data viz.
Today, it’s expected from a data analyst to also learn automation, putting emphasis on Excel and Python.
Great roadmap!
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You might have wondered "how did I get here?".
Last night, I discovered that the site theresanaiforthat dot com creates a new webpage every time there's a new keyword submitted in the site's internal search.
For example, if I input "formula bot is the best," then a new webpage
There's apparently a lot of people looking for AI clothing remover apps.
There's also apparently no competition for this category, with a keyword difficult ranging from 0 to 3.
I saw this and immediately purchased .
AMA
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business in the front
party in the back
sharing a room with the kids
the life of a solopreneur dad that is locked into a 3% mortgage interest rate and doesn’t want to buy another house because the housing market is crazy
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For the first time ever, I saw a complete stranger using
@theformulabot
in the wild at the coffee shop where I work.
What an awesome feeling…
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This is my monthly Stripe/banking system rant:
I’ll never understand how someone “didn’t initiate a purchase” when it’s required to input your card information and input info into SEVEN fields.
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Last week, I dropped and broke my favorite mug.
I heard if I sold my startup that I'd be gifted a new one.
Is that true
@agazdecki
@microacquire
@acquiredotcom
?
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@oliver__b1
Sorry boss, I started following you because I enjoyed your content. Now, every post is just you complaining about your team.
It sure would suck being someone on your team that follows you here.
You used to be someone I admired, but not anymore.
Best of luck in your businesses.
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For the first time, I’ve lost the top Google search position for non-brand queries (not containing “formula bot”).
The search is “excel Formula generator”.
Moving from the 1st to 2nd position has resulted in 50% less clicks.
The competitor is going all in on user generated
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Anyone recommend a good
@bubble
web designer that has experience in subscriptions and programmatic content/SEO sites?
Looking to level up .
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Seeing this makes lifetime deals a bit more attractive.
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you go to the apple store, open your startup’s website on the macbooks and call it marketing
i volunteer to pressure wash my neighborhood
we are not the same
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“Why are you building another startup?”
“I need to pay the
@bubble
bill for my other startup.”
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Early in this journey of building a SaaS startup, I took a phone call with a VC.
At that time, I didn’t know what I wanted.
After talking for a bit, she apologized and told me she wouldn’t invest due to the fact that I had a full-time job and two kids.
At that time, it angered
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This is ****ing pathetic.
ClickUp, a project management tool, is showing search ads for “excel formula generator” and “formula bot”.
They don’t even offer this as a feature.
Their strategy is to show ads for keywords with high search volume and minimal competition / low cost
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New dashboard coming soon 👀
Designed by
@yogesharc
&
@ZeroicHQ
We continue to push the limits of
@bubble
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Since OpenAI's DevDay two weeks ago, we've been heads down implementing their latest API - the Code Interpreter Assistant.
I'm confident we're one of the first to ship a product on the new API and definitely one of the first to build it in
@bubble
.
More intuitive results ✅
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Looking for an AI-based web scraper API where a user can input a URL and a prompt and it can return text in a JSON format.
Please and thank you.
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I'm excited to share that I'm launching Clothing Remover AI - ! 🚀
Upload a photo and it will remove all clothes detected!
SEO tools predict 10M monthly searches for this category by 2025. 📈
It's free with unlimited requests!
I keyword-stuffed it with
There's apparently a lot of people looking for AI clothing remover apps.
There's also apparently no competition for this category, with a keyword difficult ranging from 0 to 3.
I saw this and immediately purchased .
AMA
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How I went from 0 --> 5K+ organic search clicks in 2 months for a new page:
1) Searches for "ai tools" is growing significantly. My programmatic template pages fall under the ai-tools subfolder.
2) People love free. All of the AI tools are free (limited) and mention it's free
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Two years ago, my tiny AI startup made it on Sequoia Capital’s AI Market Map.
Nothing good came out of it.
It only inflated my ego and resulted in VCs contacting me.
My startup hasn’t been on a market map since.
I’m probably the only startup founder that prefers to NOT be on
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Two things amaze me about this chart from
@GoogleTrends
.
1) The gradual shift over time in people searching for “nocode” instead of learning HTML, thanks to software like
@webflow
&
@bubble
2) There’s still 2x more people wanting to learn HTML instead of nocode (rough estimate)
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The new
@theformulabot
app has officially launched! 🚨
Enhanced features, a modernized UX, and quicker turnaround times from data upload to receiving insights.
Although the demo was accelerated to 3x speed, creating this intricate chart in real-time took me just 45 seconds - a
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Today I launched a feature that’s been in development for months.
Thousands of dollars spent on development and design.
Not one customer asked for it.
Not one survey was conducted.
When it launched, users immediately used it, justifying my decision to build it.
It was risky
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A marketplace for non-technical entrepreneurs with an idea for a SaaS startup to meet developers that are willing to work only for equity if they believe in the idea.
Entrepreneurs pitching developers instead of VCs should be more of a thing.
Does this already exist?
Who wants
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My startup has been popping up in analyst job postings.
Now I just need it to become a part of the company’s standard tech stack.
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my four year old:
can we buy a house that has a pool?
me:
that means I’ll have to work more, is that what you want?
four year old:
yay, more time to swim in our pool with mommy.
😐
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I’m facing a catch-22 dilemma.
We’re building out an enterprise-level subscription with robust features.
Enterprise customers love the product we’re building for them, but they require us to be SOC-2 certified (a security and privacy audit).
That certification / audit costs
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Last week, my little AI startup went viral.
A single X post generated 2.7M views and was reposted by Barstool Sports' Dave Portnoy, among other big sports personalities.
It resulted in a +200% and 150% increase in website traffic and signups in the following days.
How?
Jack
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When you're building an MVP, don't get hung up on the design.
Focus on the value proposition.
When there's product-market fit, hire a designer.
People will still purchase with a great product and poor design. But more people will purchase when both are great.
Before & after:
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Why paid Google and Facebook $1-2 per click when you can get free clicks on Twitter?
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First month of
@excelformulabot
is in the books.
55K active accounts, 25K new accounts created, 606 paid subscribers, $10.7K in revenue generated, 30 nights of minimal sleep.
Only 0.000073% of the 750M Excel users have an account. Path to .01%!
#SaaS
#buildinpublic
#excel
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God give me the courage to spend ~$90K in ad spend on X to promote my AI startup like Steve.
($6.46 average CPM in 2023)
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⚠️ INFLUENCER MARKETING WARNING ⚠️
This week, I started exploring paid ads.
I reached out to an influencer to promote the site but his price was higher than expected, so I told him I wasn’t interested at the moment.
He threatened to freely promote a competitor.
And he did…
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Happy anniversary to my first time going viral.
There were 81K people that visited the website on this day.
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Today I learned a valuable lesson in SaaS.
I sent an email to paid subscribers with the subject line “Beta now available for paid subscribers”.
Seems like some people were reminded that they had a subscription…
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Judging an AI app by a single outdated feature is today’s version of judging a book by its cover.
At least get the company name right.
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@nevmed
@awilkinson
Why would people search for Joe Rogan on Google if it’s only on Spotify? I never listened to him before, but I do now on Spotify. Definitely not a good indicator of viewership.
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Apparently more than my family and friends visited my website.
Pretty surreal milestone for just six months since launch.
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I recently added a "Chat with the founder" button to my site.
It's for all users, not just paying customers.
I did it to better understand user feedback and customer needs, but there's been some unintended benefits as well:
- Seeing how users navigate the UX when they share
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It was only six months ago that my website only had an input box, output box and a button.
No paywall, no subscriptions, no logins, no API limits.
If you have an idea, just build it and share it with the world.
Focus on PMF before worrying about what payment processor to use.
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@UCFKnightNews
Google searches for “UCF Twitter.” All from SEC country. They’ve been waiting for this moment.
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I have big news…
I’m proud to say that I no longer comment on “Are you building a SaaS? Share it in the comments below.” posts.
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One year as an AI startup is equivalent to 7 years for everyone else
So thankful to be celebrating 1 year of Formula Bot! What an amazing journey it has been...and it's just the start! Thank you to all of our users and people who have supported us along the way. We couldn't have made it to this point without you.
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Anyone know how to build something like this?
I feel like
@dannypostmaa
or
@levelsio
can build this in a few days, given their current stack.
There's apparently a lot of people looking for AI clothing remover apps.
There's also apparently no competition for this category, with a keyword difficult ranging from 0 to 3.
I saw this and immediately purchased .
AMA
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