LP Uncovered · Kai Chen, OceanIQ Capital
An Intern's $4M App in 8 Months
“They created a commerce based app that's already up to four million dollars of recurring revenue in like a eight month period.”
Transcript
People are creating viable revenue generating businesses over a weekend. We had an intern, our former intern, our office yesterday. They created a commerce based app that 's already up to four million dollars of recurring revenue in like a eight month period. And I
think what really opened my eyes is it's not just about the software, but also you're seeing the commod itization of physical assets initially in commerce. But the ability to do drops shipping and fulfillment at such a a quick pace that the barriers entry are falling across the category. And so I
'm curious on your