Acquiring QuickyAI: The Full Story
This blog tells the story of how the founder of QuickyAI, Basharath, was able to contact the author and successfully sell his AI product. It also provides a one-sentence introduction to the product and explains how it enables users to access AI capabilities with a few clicks.
Damon Chen
Founder of https://t.co/ytLr082Axn We help streamline your testimonial efforts and grow your business with social proof 💜 Also building https://t.co/ZzTStsMvdh for fun 🦾
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I acquired https://t.co/ghIBPJOWaW as my 3rd acquisition in 2023 🚀
— Damon Chen (@damengchen) June 22, 2023
Here is the full story 👇 -
Basharath, the founder of QuickyAI (@wahVinci), may have noticed my acquisition of https://t.co/NZjtWEMnrU. He attempted to contact me to sell his AI product.
— Damon Chen (@damengchen) June 22, 2023
But my DMs are closed for people I don't follow. So Basharath reached out to Bhanu instead and requested an intro. pic.twitter.com/vhYsJhj1uO -
Fortunately, Bhanu didn't let his DM slip through the cracks and forwarded his message. Basharath's pitch is truly excellent!
— Damon Chen (@damengchen) June 22, 2023
1. One-sentence introduction: an extension that enables users to access ChatGPT on any website.
2. Show traction: It has generated $1.4k in 2 months. -
After reading this message, I'm hooked! So I reached out right away. pic.twitter.com/ne3nfPwQXa
— Damon Chen (@damengchen) June 22, 2023 -
Why I'm interested? Because using ChatGPT from https://t.co/oSwsWHrxLu is such a PITA!
— Damon Chen (@damengchen) June 22, 2023
To use ChatGPT, I have to open https://t.co/oSwsWHrxLu in a new tab and constantly switch back and forth between tabs. It's a significant time drain that hampers productivity. -
https://t.co/2EEY2Qpy0n Chrome extension shows great potential, just like other excellent alternatives to ChatGPT. Two famous ones from my Twitter friends:
— Damon Chen (@damengchen) June 22, 2023
1. https://t.co/OlWWjLMfFW by @tdinh_me, a web & MacOS app
2. https://t.co/sMPCrmDRxY by @daniel_nguyenx, a MacOS app -
After confirming the tech stack and other operational questions with Basharath, I sent my LOI (Letter of Intent). We then proceeded to transfer the assets:
— Damon Chen (@damengchen) June 22, 2023
1. GitHub repo
2. @lmsqueezy store
3. Domain
4. Chrome extension
5. Misc... pic.twitter.com/6ag5vhzE4r -
Assets transferred smoothly. But wait, there is ONE MORE THING 🤫
— Damon Chen (@damengchen) June 22, 2023 -
After spending a week collaborating with Basharath on the assets transfer, I can confidently say he is an excellent person to work with. Look at his GitHub heatmap; he hasn't missed a single day of coding in the past 365 days. Is there a better indicator to rate a dev? pic.twitter.com/xuPEvbkp0C
— Damon Chen (@damengchen) June 22, 2023 -
I sent him the offer! pic.twitter.com/NJuzNYSNFl
— Damon Chen (@damengchen) June 22, 2023 -
But you may wonder, why should I hire?
— Damon Chen (@damengchen) June 22, 2023
With the addition of https://t.co/ghIBPJOWaW to our portfolio, we now have another product to manage alongside https://t.co/2JhJLekgE4 and https://t.co/NZjtWEMnrU. However, we are currently limited to just myself and one other fulltime dev. -
I am taking a significant risk with my current business if I can't allocate enough resources to my existing portfolio products.
— Damon Chen (@damengchen) June 22, 2023 -
In the end, Basharath said "YES" and officially joined our team on Monday this week 🚀 pic.twitter.com/l3quVVSZAh
— Damon Chen (@damengchen) June 22, 2023 -
That wraps up the whole acquisition story. It turns out to be an acquihire 😜
— Damon Chen (@damengchen) June 22, 2023