BROADCASTS.com

b'

Karan Chaudhry, a serial entrepreneur and co-founder and CPO of Comnplus, a company building advanced machine learning based personalization and recommendation engine focused on online digital content industry. He received his MS from Stanford University and is an active mentor and advisor at StartX, advising entrepreneurs on topics like fundraising, team building, data product management and product marketing. Prior to Comnplus, Karan was the co-founder and CEO of DropThought, a machine learning based instant feedback and text platform for voice over applications. Listen as Karan explains how DropThought was acquired last year and how he started Comnplus.

Famous Five:

• Favorite Book? \\u2013 Steve Jobs

• What CEO do you follow? \\u2013 Elon Musk\\xa0
• Favorite online tool? \\u2014 Asana
• Do you get 8 hours of sleep?\\u2014 No
• If you could let your 20-year old self know one thing, what would it be? \\u2013 \\u201cTake risk. Failures are highly over-rated. It just makes us stronger\\u201d

\\xa0

Time Stamped Show Notes:

• 01:44 \\u2013 Nathan introduces Karan to the show
• 02:35 \\u2013 DropThought was acquired last year
• 02:43 \\u2013 DropThought is doing feedback-based analytics
• 02:58 \\u2013 Karan raised a couple of rounds for DropThought
• 03:10 \\u2013 DropThought was acquired by Bahwan CyberTek
• 03:22 \\u2013 Karan was in the process of fundraising for DropThought when Bahwan CyberTek approached him
• 03:50 \\u2013 There were other companies who want to acquire DropThought
• 04:33 \\u2013 Valuation of DropThought
• 05:24 \\u2013 Team size for DropThought is 15-20
• 05:35 \\u2013 Comnplus is taking the machine analytic context to the content industry
• 05:50 \\u2013 Companies find it difficult to recommend similar content to their customers
• 06:30 \\u2013 Comnplus is only 3-4 months old
• 06:42 \\u2013 TVF funded Karan $ 500,000 to start Comnplus
• • 07:09 \\u2013 Comnplus is creating clusters of users with similar habits for TVF
  • 07:28 \\u2013 Comnplus handles marketing and contact targeted users
  • 07:48 \\u2013 Comnplus reaches out to users with customize recommendations
• 08:35 \\u2013 Comnplus market is the large content providers
• 08:58 \\u2013 Comnplus price point
• 09:15 \\u2013 Comnplus is currently bootstrapped
• 09:50 \\u2013 Comnplus has a small but qualified team
• 10:35 \\u2013 Karan is willing to spend 50-70% of revenue for customer acquisition
• 11:35 \\u2013 Target RPU is $ 500,000
• 12:15 \\u2013 Comnplus is currently not fundraising and TVF as their only client
• 12:43 \\u2013 Biggest competitors are Rich Relevance and Gravity R&D
• 13:48 \\u2013 Get in touch with Karan through his email
• 15:28 \\u2013 The Famous Five

\\xa0

3 Key Points:

• Find the right people and they will acquire your business.
• It\\u2019s about quality and not quantity.
• You can never \\u201close\\u201d.

Resources Mentioned:

• Toptal\\xa0\\u2013 Nathan found his development team using Toptal\\xa0 for his new business Send Later. He was able to keep 100% equity and didn\\u2019t have to hire a co-founder due to quality of Toptal\\xa0 developers.
• Host Gator\\xa0\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
• Freshbooks\\xa0\\u2013 The site Nathan uses to manage his invoices and accounts.
• Leadpages\\xa0 \\u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
• Audible\\xa0\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
• Assistant.to \\u2013 The site Nathan uses to book meetings with one email.
• Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments.
• Drip \\u2013 Nathan uses Drip\\u2019s email automation platform and visual campaign builder to build his sales funnel.
• Karan@Comnplus.com \\u2013 Karan\\u2019s email address
• Show Notes provided by Mallard Creatives