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Category: Startup Strategies
Tags: AIAppsMonetizationTrendsVirality
Entities: A16ZAmazonBenDreamideabrowser.comLeague of LegendsNvidiaOpenAIPewDiePieRefaceVQ GANW.aiWombo
00:00
This is not your standard SIP episode. I brought on this guy who went from zero to 250 million mobile app installs using some open-source AI models.
He tells the whole story how he did it. You know, it
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definitely fired me up around this whole new wave of creating, you know, multi-million dollar uh mobile apps in under 7 months. [Music]
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Ben, you've created these AI apps. You've got hundreds of millions of downloads.
You're backed by Nvidia. I want you to teach us, well, actually, what do you want to teach us before what I want you to teach us?
>> Yeah. Uh, I thought I'd just come on here and talk about a strategy that's
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worked well for me in many different domains in life. Uh, and it's sort of a basic fundamental of mimisus, which is if something is working, then probably you can copy it and put your own spin on it and it'll continue to work.
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>> Okay? And by the end of this episode, like what are the concrete things that people are going to learn?
>> I'm going to show you how I've applied that strategy to the few different uh successful things in my life. how I used it to come up with a concept for an app,
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my first mobile app ever that got over 100 million downloads. How we use that concept to consistently go viral on Instagram and have reels that get millions of views and that are on one hand a remix of something else that
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already exists, but on the other hand something that we put our own unique uh flavor on. >> Okay.
I mean, how to create apps that get millions of downloads, how to get how to create content that gets millions of views, how to raise, you know, millions of dollars from from people
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like Nvidia. You you have my attention.
>> Okay, let's do it. It's actually pretty [ __ ] easy if you uh don't overthink it too much.
Um, so, okay, first very brief anecdote. I think I picked up this principle from video games.
I was a jungle main in League of Legends. I was
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sort of like a platinum gold level player which is like 60th 70th percentile. I wanted to get better.
So I started watching streams of players that were better than me that were playing the same role and I would just copy them and then put my own spin. So that's where this sort of entered my head for
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the first time. Uh in the summer of 2020, I applied this to conceptualize and eventually launch uh one of the most viral apps ever, Aombo.
Uh so there were a few signals that I picked up on. First
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was Reface. Uh Reface in the summer of 2020 was the number one app on the app store and Dre invested and led a $5.5 million round.
And what got my attention about this was it was an app that I fully understood. Uh, so what did Reface do?
Reface did
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face swaps. So you could put in like a Cardi B music video, >> take a selfie, it would put your selfie into the Cardi B music video.
Hundreds of millions of downloads, memes that, you know, my friends were sending each other. Um, I knew which model they were
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using and how they were accomplishing this. And the the design of the app was also very simple and intuitive and kind of made sense to me.
So that was the first seed. Uh, the second seed was this PewDiePie video
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>> where he covered some very strange memes. And we can see the date here, 4 years ago, August 2020.
>> It's beautiful. It's beautiful.
And of course, this got 7 million views because it's PewDiePie. Um, and this got my
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attention as well because this was another open source AI model that I was familiar with called the first order motion model. And uh it was starting to go viral in sort of the AI circles and also just like the hardcore like Discord autist circles like people on their
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computers for like 14 hours a day. Um and they were Yeah, people like us.
>> And they were using a Google Collab notebook uh to basically stitch this output together. You gave it a selfie, you gave it a driving video, which is what kind of creates this animated
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choreography. It's actually someone else moving their head around.
And so this one driving video of a guy singing uh Baka Mita Thai went viral over and over and over again. And so one night I'm uh smoking a joint with my roommate on the roof.
We're looking at
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these memes. Someone made a Telegram bot where you could do something similar.
We're like, man, like why doesn't someone just make an app like where anyone can do this where it's simple? Uh, and so immediately like it kind of starts off as a joke, but the
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circuits start firing like, "Oh wait, like Reface just did the same thing. They have hundreds of millions of downloads.
Here's a new open source AI model that like no one's done this for yet." Like easy. Like we're going to be billionaires.
We'll get this done in a week, you know. Um, did not take a week.
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Took us seven months. But in uh March of 2021, we launched Wombo.
And maybe I can find a quick uh walkthrough on YouTube. >> When when you had this idea and you saw that A16Z reace company, like a lot of
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people would look at that and be like, "Okay, they're going to win this space." Like, you know, it's already going to get competitive. But you kind of said, "No, no, no.
I'm going to create an I'm going to compete with them." >> Yeah. I wasn't thinking that I'm going to compete with them.
I was just thinking like it's early like there's
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lots of space to play like I don't know like there's where my mind goes to is like uh like like movie directors or or musical artists like we're never going to run out of like new movie directors or
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artists like we're going to continuously want new interesting [ __ ] So I I don't think anything is like too crowded. >> Mhm.
>> Yeah. >> Abundance mindset.
Yeah, >> Sam Alman, the co-founder of OpenAI, just said that it is the era of the idea
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guy, and he is not wrong. I think that right now is an incredible time to be building a startup.
And if you listen to this podcast, chances are you think so, too. Now, I think that you can look at trends uh to basically figure out uh what are the startup ideas you should be
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building. So, that's exactly why I built ideabser.com.
Every single day you're going to get a free startup idea in your inbox and it's all backed by high quality data trends. How we do it?
People always ask. We use AI agents to
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go and search what are people looking for and what are they screaming for in terms of products that you should be building and then we hand it on a, you know, silver platter for you to go check out. Um, we do have a few paid plans that, you know, take it to the next
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level. uh give you more ideas, give you more AI agents and more almost like a chat GBT for ideas with it, but you can start for free ideabrowser.com.
And if you're listening to this, I highly recommend it. Um, so I'll just kind of briefly walk through this.
You can
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actually see that in this video, this lady shows this old Google Collab notebook for the first order motion model. So like my grandma could never use this [ __ ] Like I mean she could if I like taught her Python.
>> Yeah. but like she could never use that.
Um, so here we go.
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Uh, you would take a selfie. That's the first thing you do.
Then you pick a song and then you sit through a little loading screen like this. And then finally, you get your output.
And uh, we'll just see see that at the end.
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obviously looks super basic by 2025 standards, but literally those three screens of input, song selection, output, oh, sorry, loading screen, and then output, four screens. That's all we
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needed to get 100 million downloads. And uh we intentionally sort of designed something that would be extremely simple to use.
um sort of uh the whole thing is engineered for verality in a way because the whole expectation is you as a user
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come in, you make a piece of content, you make that piece of content extremely easily and extremely quickly and then your natural inclination is to share or to make another one where like your dad is the one singing or the pope or a politician or whatever. And so we we
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spent no money on marketing and we spent all our money on inference and uh that's that's how the thing went viral. Now maybe the only other thing I'll say here and I'll kind of kiss my own ass a little bit here is the song selection.
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>> Mhm. Uh we selected 15 songs that we launched with and these are some of the most recognizable and iconic songs of all time or there were songs there were kind of meme songs and so like you know one
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example of something that would make a song a meme song is you don't need to know English to vibe with it. >> Uh for example uh boom boom boom boom by the Wenger boys.
>> You don't need to know English. No >> sounds great.
>> Yeah. Absolutely.
>> Wherever you are. >> Yeah.
And so we we really deliberately
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picked those 15 songs and then we really deliberately made the 15 driving videos for those songs. And uh that was I think key >> and and he made it like stupid simple.
>> Stupid simple >> stupid like this is you can give this to
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a 5-year-old and they'll know what to do. >> Exactly.
>> A buddy of mine has a an app that's going viral right now. Maybe you've seen it.
Mixie. >> Mixie.
>> Yeah. Have you seen that?
>> I think so. >> Yeah.
So, it's like a mashup. Um, like go to just just Google Mixi
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>> Mixie app. >> I think it's with an I.
There it is. >> Oh, yeah.
I've seen this. >> Yeah.
So, it's like two guys. >> Um, you know, you put two beats together, it mashes it up.
Like, simple idea, right?
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But the UI is really simple. Um, and they're getting like >> I mean, it's one of the top music apps.
Yeah. >> Um, I don't know the monetization of this, but I think there's this whole next there's this whole new generation of apps that
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are just like really stupid simple. >> Um, that uh I mean it's a similar concept, right?
Like I'm sure his songs are like he's doing a queue of songs that you know people actually want to choose, right? Um, it's simple UI.
Um,
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and it's viral because you want to share that on IG, etc. >> Yeah.
I I personally like starting with stupid simple >> and maybe from stupid simple you can do something more advanced and interesting. >> Yeah.
>> Um, but >> with with respect to mobile apps, right?
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>> With respect to mobile apps. >> And I mean it it all kind of boils down to attention at the end of the day.
Like if if you're trying to make a product, uh it's not just someone's money that you're after. Like even before that, it's their attention.
And there's so many [ __ ] distractions. There's so
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many different things that are pulling you in a million different directions at all times that I find the best way to sort of introduce myself and get someone's attention for the first time is to do something stupid, do something funny, do something simple, not try to
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[ __ ] explain Socrates to them or something. Um, but just basically tell a small joke or another analogy could be like give them a small piece of candy, >> right?
>> As opposed to like, you know, here's a [ __ ] steak, >> right? Yeah.
Because what I'm trying to figure out, what I'm trying to reverse engineer is how do you create a mobile
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app that gets millions of downloads? So, stupid simple one.
>> What else? Uh so uh in our case there's always been some kind of viral content creation loop meaning someone comes in
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makes a piece of content shares that content on other platforms and that's what drives your user acquisition. Um and so that whole uh that whole component has a lot of extremely important details.
Um so first is the
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content creation. How are you going to help someone make a good piece of content?
Also, the game has changed since 5 years ago uh with how far generative AI has come um and the kind of content that people are interested in making, but still I think it's applicable today. Um so here's how I
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would boil it down. How do you how do you help someone make a piece of content that either they're going to post on Instagram and post on Tik Tok for the algorithm and the algorithm is like that's a great piece of content.
let's give it millions of views or more for their own like personal networks and the
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people in the personal network are going to be like wow that's really awesome I want to make that thing too >> so you're basically saying you start with the content like the end content which is kind of what my friend Joe is doing with Mixie right cuz like he knows that people want to share these mixes
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>> absolutely and so like you know one thing maybe we could touch on briefly is just the algorithmic feeds of today like the amount of human attention that is just being sucked into the full screen infinite scroll format whether it's Tik Tok or Instagram or YouTube shorts or
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you know X has one like that is just like the battlefield of attention and so I think like a great source of product inspiration is to look at that and look at where are people's attention going what kind of content are people making can I make it easier for them to make
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some some piece of content that is consistently going viral over and over again >> and then and then put my watermark in the bottom right. >> Does this only work for like BTOC fun apps or could this also work for like B2B or or proumer type apps?
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>> I think it could work for everything. like you probably need to adjust your uh like principles a little bit and like you know maybe I'm going to stop paying attention to the Tik Tok algorithm and start paying attention to like I don't know the conference that all the people
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in a particular niche are going to but it's it's the same thing like what do the people you care about pay attention to >> right >> and where right >> and and sort of the key the key point is like look at what other you you know,
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look at the content, look at what's going viral, and then apply that to whatever it is you're doing. >> Yes.
So, in the case of Wombo in the summer of 2020, it was, well, Reef is just got a number one app and hundreds of millions of downloads, and hey,
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there's this new model now, which is still very hard to use. This is another very good signal, by the way.
If something is going viral inside of like some technical circle, but it's still it's still difficult for a lay person to use, then uh if you can help the lay
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person get access to that same technology and make it easier for them, that's typically like a really good recipe for verality or a really good sign that something might go viral. Um, so I'll just wrap up the the Wombo story.
Y >> from kind of that moment of inspiration,
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it took us seven months to actually get the app on the app store. Uh, but we finally launched it in March of 2021.
It went insanely viral, got like 50 million downloads in its first month, uh, in first 3 months. And um you know after
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sort of some just like stabilizing and taking it all in and raising a little bit of money and building out our team uh the obvious like next question was okay well we just did this with one AI model. What other AI models can we do this with?
And now this is a really
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obvious question to ask in 2025 in the age of AI. Um again 2020 was still a little bit different earlier.
Generative AI was not even a buzz word yet >> and generative AI is already a buzz word that we've moved past now which >> what's the latest now
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>> I feel like now it just like AGI super intelligence like agents >> you know uh so the next concept was dream which was an artwork generator um for the nerds it predates midjourney and stable diffusion and deli and was basically the
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first time that image generation went viral now of course image generation is everywhere. Um and uh we saw something very similar happening again almost the exact same thing we saw happening with Wombo.
Uh people were playing with a combination of two models VQ GAN
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[ __ ] Vugan and Pashan I need your help. >> What's up?
>> I forgot what were the two models. >> Huh?
>> Diffusion models. >> It was Vugan diffusion.
>> Vugan clip. >> Vugan clip.
That's right. Vugan clip.
So you combine VQGan with clip, you could
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generate these crazy dreamlike images. There was like maybe 20 or 30 people on Twitter um and really like five at the beginning who were like messing around with this stuff.
And those were like the earliest incantations of like this era's
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neural networks for image synthesis. And we did the same thing.
Uh we wrapped that up into a fun and easy to use mobile app. We made an an extremely optimized version of the model which had fast generation times
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and uh we we we did some templating to make it easier to create high quality images. Basically just adding words to the prompt that the user gave us.
And uh exactly the same thing happened another
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number one app. And many of the lessons that we learned from Wombo about give the user as simple to provide input.
In the case of Wombo is a selfie. In the case of Dream was a text prompt.
Pre-process that user's input with your
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own input that kind of like structures it and makes it work well. So in the case of Wombo, it was the driving video.
In the case of Dream, it was the kind of stylistic keywords that we were adding to the user's prompt. uh make the inference really really fast and free
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for the user. Um did that in both cases put all that together in a fun and easy to use interface and you have something with like all the ingredients for verality.
>> Okay. And um like Okay.
So it goes number one. What next?
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>> Yeah. So just in terms of the trajectory of the company, listen, I had no idea what the [ __ ] I was doing.
Like I'm not like one of these like Silicon Valley kids who like watched every Paul Graham video. I was just like smoking weed in my bedroom
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playing League of Legends and like really really interested in AI. Um so made every mistake we could.
Uh but uh the at that time now we're sort of at the end of 2021. We had a team of about 20 people all working here in Toronto.
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Um got a few apartments that we were using as offices. Um, in 2022, we're like, let's raise money, cuz that's what you're supposed to do.
Uh, ended up putting together a series A uh where the lead investor kept us in due
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diligence for 2 months and then pulled out of the deal. and they pulled out of the deal partially because our original Wombo app used music and there were some sort of unknown liabilities and risks around our use of music.
I don't know if
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I should bring it up with these mixie guys, but [ __ ] the music licensing people are vicious, annoying [ __ ] but also, you know, it is what it is. Um, and also partially because FTX crashed and uh all this crazy [ __ ] was happening
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in crypto and >> Zer was over. >> Yeah, there was like a market spook.
>> So, we went from having [ __ ] number one app thinking we're about to get $15 million to having negative runway and being like, "What the [ __ ] just happened?" Um,
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>> negative runway meaning like you're out of money. >> Yeah.
Like >> or you're like really out of money. like really out of money where and it really happened because that month Dream went viral again and we had a million dollar server bill on Amazon for that month for
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all the influence that we were doing and I had like maybe not the perfect philosophy around this which which was like money is fake let's just make an amazing [ __ ] product let's get all the users we'll figure it out later um yeah didn't work at that point So,
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uh, we went into like a year and a half of cockroach mode basically where I wasn't paying any of my bills unless I absolutely had to. We were extremely focused on monetizing our product which previously we had never given a [ __ ] about and basically getting to like
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profitability and along the way we you know still raised some money from investors who believed in us. Uh, so yeah about a year and a half of cockroach mode got to profitability.
And how did you monetize the apps? Because I think >> because I think that's a question that a
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lot of people have, which is like, okay, great. Now I've built this mobile app.
It's starting to get some traction. >> Yeah.
>> What, you know, how do you think about monetizing? Like what what's the sauce around monetizing mobile apps?
>> Just copy people who are better than you.
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>> So, who's the best? Who's the best?
And what are they doing? >> [ __ ] Nikita, man.
>> Nikita. That guy is the That guy's a great monetizer of apps.
>> Shout out Nikita Beer. Yeah, go or I
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guess you can't do it anymore, but go like pay $10,000 to talk to him on intro and I'm sure he'll give you some good tips. >> Okay, so how did you how did you monetize it?
>> Uh we introduced a subscription and we introduced ads. The subscription did things like, well, if you want to
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generate an image, uh, you could generate four at a time instead if you're a subscriber, or you could act have access to some premium styles if you're a subscriber. Um, and that took us from zero to I think at our peak, Dream was doing over $500,000 a month.
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Uh, and that got us to the profitability and sort of stability that we needed. And and from a sub like what are we talking like $5 a month, $5 a week?
I know a lot of people are doing weekly subscriptions now. Like what was it?
>> We've done everything from $5 a week to
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$5 a month. We started really cheap and got more expensive over time.
And um there's also like all the like dark patterns that you could do with like hidden trials and all that kind of stuff, but we never went to too deep
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into that. >> Yeah.
Okay. Have you I'm sure you studied like Cal AI and what they do.
>> Yeah. Yeah.
Yeah. >> What do you think?
>> It's a new generation of killers, man. >> I love to see it.
It seems like every few months now there's like a new 18-year-old kid making $2 million a
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month on some simple stupid [ __ ] And uh I think it's only going to accelerate. >> Mhm.
Yeah. And and those apps are monetizing via subscriptions, right?
>> Yeah. Weekly, monthly?
>> I'm not sure. We'd have to double check.
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>> I think weekly. Yeah.
I think a What I That's a trend I'm seeing a lot is like weekly subscriptions anywhere from like $3 to $20 a week. >> Mhm.
Makes sense. >> Yeah.
>> Yeah. >> Cool.
Okay. So, going back, so you're
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you start making money basically. >> And then what next?
>> Yeah. So we slowly emerge out of cockroach mode.
I guess bringing us into 2023 and 2024. The most notable things that happened uh were one, we had a
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relationship with Nvidia. Uh they approached us very early on uh because they saw that our apps were going viral and that we were doing this thing that was going to be called generative AI and they want to kind of learn more about it and see how they could support it.
Of course, it's evolved like far far beyond
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that now. Um and that culminated in uh us meeting them more and more and them making an investment into Wombo.
Uh the second thing that happened was I sort of
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I lost some interest in making apps and I gained more interest in you know where all of this was going, where AI was going. Oh man, this is going to be kind of a convoluted point, but it'll make sense at the end.
Okay, so one thing that
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we've always cared about is inference efficiency. How do we make generation times extremely fast and how do we spend the least amount of money that we can on powering this inference?
Uh so initially
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that meant we are going to host our models on GPUs. We're going to sign a three-year contract with Amazon where they give us some better pricing and we're going to pay uh specialists $3,000 a day to make our model produce
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the same output but in a fraction of the time and it's just worth it to find a specialist like that. That was sort of the first solution.
And and and then we're going to run all the inference on the cloud. Our users never have to worry about it and it's consistent.
It's high quality. It's reliable.
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Uh then there was a motivation to move some of this inference on device especially as your user base has devices in it that are powerful and perfectly capable of running the model that you care about.
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And so we started doing a little bit of that and sort of the natural extension of that is well if there's someone in my user base with an iPhone 16 Pro or a computer with a 4090 on it um that can run their own workloads,
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what if they could run workloads for other users as well? And so that idea of sort of peer-to-peer computing and using our users compute was born out of our continuous push towards inference efficiency.
Um hopefully all of that is
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making sense so far. Uh and and so the other thing that happened was at the end of 2023 at the start of 2024 I got really interested in how AI and crypto would intersect.
And so I looked at every project in the
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space, studied them closely, again coming back to that same principle of copy what other people are doing or at least understand what other people are doing >> before you do your own thing. And so we looked at, you know, Bit Tensor and Jensen and Render and Akos and Golem and
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the Internet Computer and Folding at Home and all these other sorts of examples of decentralized AI or decentralized computing happening. And I just ended up finding that extremely interesting.
Um, and to make a
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long story short, aside from learning about those projects and even building in some of their spaces, uh, the conclusion we came to was to build our own thing called W.ai, which would essentially allow anyone to turn their
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MacBook, their gaming computer, and in the future their PlayStation or iPhone or whatever into a compute contributor. And so, it's almost like Airbnb for that device.
when you're not using it, you can make it available to the world. It's going to run some hopefully valuable
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workload and earn you a reward. >> And reward being money.
>> Reward today being points >> which will later turn into a token >> which will later turn into money. >> Uh I'm not like media trained so I don't know what what I'm
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>> not media trained. I had no idea.
>> No, I'm not [ __ ] media trained. Uh but >> the idea is you are contributing to the network.
Like if I just let if I let W.I generate 10,000 images for somebody else on my machine,
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>> then I should be able to generate at least 10,000 and1 images in return. And that seems fair.
>> Yeah. >> Yeah.
>> Totally cool. And that's the journey.
>> That's the journey. A lot of crazy [ __ ] has happened in between.
Um cycled through the team many many times. We
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started with six co-founders. Only one remains.
Three of them have started new companies that are very [ __ ] cool and interesting. Uh so check out Omega, check out Dippy.
That's the Wombo Mafia. And uh now we all live in a big ass
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house in LA. There's like 12 of us who live and work there.
Uh there's a few of us who don't live and work there, but are still core parts of the team. Um but yeah >> and and just to tie a bow on it.
Okay. So I think that there's a huge opportunity to build and I know you
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agree too build mobile apps that have an AI component to it. >> Yes.
>> A lot of you know like every startup most fail. >> If you want to create a mobile app with some AI component to it
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>> that gets millions of downloads. The way to do it is step one see how other people see see like understand your landscape.
What are the what are the other apps? >> Go look at Caloni.
Go look at Rayon. Go look at all those apps.
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>> Right. Study them.
>> Study >> like understand that every single screen. Yes.
Why they're doing it? How they're doing it?
What colors they're using? What typography?
Everything. >> Step one.
Step two is from a content perspective, understand what go is going viral in a bunch of different niches,
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right? >> And and we can we can stay on this point a little bit.
I have two collections that I think of interest here. This group chat on Instagram >> and this collection, which I can actually make public and share with you if you'd like.
Yeah,
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>> this has been me sort of cataloging AI generated content or content that could have been generated by AI which has gone viral on these respective platforms for the last like two years. Uh so for
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example, let's go. There was like a a week or two where I was getting a bunch of these baby videos.
>> Yeah. >> Like the von Yeah.
I I've seen these like the baby This is with Hedra, right? >> Yeah, this is with Hedra.
And I think they were using chat GPT to turn the
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original image into like a babyfied image. >> Okay.
>> And then Hedra to animate it. >> Okay.
Hedra.ai for folks who haven't checked it out. ChatGBT to create the reference image and feed that to Hedra.
Okay. >> Yeah.
So I'll upload like a picture of Heisenberg be like turn him into a baby and then
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take that baby picture bring it to Hedra. So maybe someone, you know, for the week or two that this was going viral or even now can make an app that just [ __ ] abstracts that away from for people.
They don't have to worry about chat GPT. They don't have to worry about hedra.
It's just, you know, take a
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selfie, choose a scenario, done, >> right? So it's basically productizing the content format is what you're saying.
>> Yes, exactly. Yeah.
>> Um, it's also just useful to study how this stuff changes over time cuz it's the AI
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is not just transforming or creating content in one way. It's doing a bunch of different things.
>> Let's see. >> So, is is your advice to people just like scroll and then just save?
>> Yes. >> If you want to brain rot then you must
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be brain rotted first, >> right? True.
So lately, we've been having a lot of success with some really stupid [ __ ] Uh, and it's turning celebrities, extremely recognizable celebrities, into pregnant cats.
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>> Okay, like the Trump. Let's go open the Trump one.
>> Hey, Elon, it's time for our litter to be born. Hey, Donald.
Why do these kittens look
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like Jeffrey Epstein? >> So, like, why does this work?
It works because you have celebrities who are recognizable. Works because it's kind of controversial.
It works because
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pregnancy is a concept that everybody can evolutionarily like understand. And then male pregnancy is just something that shocks your mind a little bit.
Um, >> and it's top of mind, right? This is right around when Elon and Trump were
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fighting. >> Yes.
>> Right. >> Now, the other thing about that meme I just showed you is we've repeated that exact same scenario, that exact same story line like six different times and it goes viral each time.
Um, including this one that has almost 20 million
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views. Hey, Messi.
It's time for our baby to be born. [Music] >> Hey, Ronaldo.
Why does this baby look like I show speed?
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>> So, literally the exact same thing, just changing the characters, changing the settings a little bit, >> right? >> And as a result, like we can pump that out in like an hour.
>> And so, that that got 18.8 8 million views on Instagram. >> Yeah.
>> And your goal is to get, you know, how
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many downloads from that? >> Uh well, hopefully like even 1 or 2% is pretty good.
>> Yeah. >> Um right now there it's a weird time for us where we don't care at all about our mobile apps and we care 100% about W.I.
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>> And this content is not really about driving downloads to W.I. It's more about keeping us sharp and uh on top of the algorithm.
>> Yeah. >> Like I think that's really important.
>> Yeah. The reason I asked is just for people who are creating content like
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this, what like what sort of conversion rate should they expect? >> Yeah.
I think 1 to 2% is like a win. >> Yeah.
And uh I think also a lot of the downloads are not going to like it's possible that your downloads won't come from the video getting lots of views on
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the algorithm, but from people sharing some piece of personalized content with their friends. So like for example, let's say we turned this thing like whatever this recipe is into an app.
Like if I turn myself into a pregnant
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cat, I might not post that on Instagram, but I might post that into like a WhatsApp group chat and it'll go like that'll lead to some reality. >> Someone someone in the comment section, I can hear it already now, is is going to say, "Okay, I'm going to go create an
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app that turns you into a pregnant cat." >> Yes. I'm on 10%.
>> No, no, no. They're that's not even what they're going to say.
They're going to say, "And you think that you're going to get millions of downloads and then you're going to be able to charge people $3 a week for the privilege to do that?
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That's crazy. You are you guys are out to lunch." That's that's what someone in the comment section is saying right now.
>> Yeah, I think uh I think that person is not entirely wrong, but they are wrong. Like if you make an app and it goes viral, even if it goes viral once and
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people never use it again, like that's a eight, nine, potentially nine figure opportunity. Um, think about it like you're making a movie.
Like if you make a movie, people go to the movie theater and spend 20 bucks to watch the movie,
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another 30 bucks to get a bunch of [ __ ] popcorn and [ __ ] and uh then they leave and they never think about that movie ever again. So, like you're just giving someone a bite-sized version of that that they paid $3 for instead of 50.
Um, so
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yeah, I think you know the other thing is with these apps to get millions of downloads, 98% of people are going to use them for free and you're going to make all your money on the 2% who don't. The 98% are going to drive your verality and keep making your content and sharing it with their families and friends and
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getting you to the top of the app store. And then the 2% of people who don't give a [ __ ] and they're just clicking buttons and they want the extra thing that you can't get for free.
That's where you're actually going to make all your money. >> Cool.
And let's maybe let's end it on, you know, for people listening,
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you know, do you really believe that there's a lot of opportunity to to create mobile apps with AI right now? >> Infinite opportunity.
>> Yeah. >> Yes.
>> And why do you believe that? Because people are glued to their [ __ ] phones and they want to be entertained and they
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want utility. So if you can be useful or entertaining, then you can make an app.
Do do they need to raise venture capital for it? >> [ __ ] no.
>> And you know, how big of apps are we talking? Like could they create?
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>> I don't know. Like it's >> with no venture capital.
>> Like how if if I make a really good song, how many people will listen to it? If I make a really good movie, how many people will watch it?
If I make like a really good recipe for some gum, like it that it it depends on a lot of factors,
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but if you make something truly great and truly unique and then kind of truly captures the the current moment, then I think you can get hundreds of millions of downloads and make at least tens of millions of dollars just with popcorn mobile apps. >> Popcorn mobile apps.
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>> Yeah. >> All right.
I like it. >> Yeah.
And good luck to everyone. I hope you make it.
It's a [ __ ] crazy time to be alive. Thank you for coming on, sharing some sauce, and uh you fired me up to to create a pregnancy uh cat mobile app.
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>> I want 10%. >> Later, dude.
>> Much love.