Latest / AI for Founders with Ryan Estes / AI storytelling for families
Transcript
- 0:00Welcome back to AI for founders. I'm Ryan Estes.
- 0:02Now what happens when a former founding member of Spotify
- 0:05decides that bedtime stories aren't personal enough.
- 0:08You get Dream stories dot AI, a company turning your kid into
- 0:12the hero of their own beautifully illustrated
- 0:15adventure. But here's the twist.
- 0:17Ricardo vice Santos didn't just build another AI startup.
- 0:21He's building what he calls an agentic content studio, where
- 0:24creativity itself becomes intelligent, adaptive, and
- 0:28deeply human. And while most of Silicon Valley
- 0:30is chasing scale, Ricardo is chasing something rare, intimacy
- 0:35at scale. In today's episode, we unpack
- 0:37how dream stories dot AI went from a wild idea about AI, made
- 0:42bedtime stories to selling nearly 100,000 physical books, a
- 0:46category defining bridge between storytelling, AI, and the future
- 0:50of personalized media. You'll learn how Ricardo thinks
- 0:53about creating an infinite content machine, what Spotify
- 0:57taught him about building for global audiences, and why the
- 1:00next billion dollar opportunity might be hiding in stories small
- 1:04enough to fit in a child's hand. This episode is for founders who
- 1:07believe AI isn't replacing creativity, it's amplifying it.
- 1:11If you've ever dreamed of building products that feel
- 1:14one-on-one, this conversation is your blueprint.
- 1:17OK, three sentences on the newsletter every week.
- 1:20AI for founders.co I breakdown how today's founders are using
- 1:24AI to build unfair advantages. Get frameworks news founder
- 1:28interviews. No fluff straight to your inbox.
- 1:31If you love building things that feel impossible until they work,
- 1:34this newsletter is your tribe. If this episode sparks one new
- 1:37idea for your company, pay it forward.
- 1:39Drop us a five star review and write your favorite insight from
- 1:43the show. This episode is brought to you
- 1:45by Kick Caster, the easiest way for founders to become thought
- 1:48leaders through podcast guesting.
- 1:50Here's the deal. Podcasts are the most authentic,
- 1:53high trust media channel on the planet.
- 1:55Kick Caster gets you booked on the shows your future customers
- 1:58are already listening to you Show up, Share your story, and
- 2:02walk away with Evergreen content that builds authority,
- 2:05backlinks, and inbound leads, all without buying ads or
- 2:08dancing on TikTok. We've booked more than 35,000
- 2:12interviews for more than 800 clients, generating millions and
- 2:15earn media value. If you're ready to tell your
- 2:18story, scale your reputation, and create conversations that
- 2:21convert, go to kickcaster.com. Because the best way to sell
- 2:24your brand is to talk about what you love.
- 2:27That's kick caster by MO Burst. All right, all right, coffee is
- 2:31great, but coffee won't prep your meetings for you.
- 2:34It'll just keep you awake while you panic hastily scrolling
- 2:37through LinkedIn at 6:59 AM. Ambient, however, will prep your
- 2:42meetings. Each morning you get a founder
- 2:44tune briefing sourced overnight from your calendar, your meeting
- 2:48history, and the web. It's like walking to every call
- 2:51with the CHEAT SHEET that you didn't have to write.
- 2:53No more scrambling, no more guessing.
- 2:55Just context, confidence and focus.
- 2:59And if you're raising money, ambient investor dossiers are an
- 3:02absolute must have. You'll know the investors
- 3:05portfolio, their interests and their latest moves before you
- 3:08even step into the room. You'll even get a heads up on
- 3:11red flags. Think of it as the caffeine
- 3:13upgrade that your calendar actually needs.
- 3:16Prep while you sleep, perform while you're awake.
- 3:19Sign up for free at ambient dot US.
- 3:22Go check it out at ambient dot US.
- 3:24That's ambient dot US. I just want to say, Ricardo,
- 3:44thank you so much for coming on the show.
- 3:45How are you? Thank you for having me, I'm
- 3:47doing great. Yeah, fantastic.
- 3:49So to get us started with context, please give us a a
- 3:53quick description of your company dream stories dot AI.
- 3:58Yeah, so dream stars dot AI or a dream stars dot AI, we're
- 4:02building what is best described as a genetic content studio,
- 4:06starting with with children's books.
- 4:10We started the company a little over a year ago.
- 4:15You know, offer an idea I've had for many, many years of, you
- 4:19know, have this idea of, of that one day content would, would
- 4:23wall of father be personalized for you, sort of made made
- 4:27personally for you. And so we started playing with
- 4:30started playing with physically building the platform to to
- 4:32build out right then we decided to, to start with the with
- 4:35children's content, in part because I have a have a young
- 4:37child and I noticed how, you know, how basically we have all
- 4:41these moments of reading bedtime stories to him.
- 4:43And, and I started not playing with the with the idea of
- 4:45focusing on that as a, as the first product that we could,
- 4:48that we could do. Incredible.
- 4:51So I go to dream stories dot AII, upload a picture of my kid.
- 4:56Do I actually do I create the story or are there like kind of
- 5:01templates available? That's a great question.
- 5:04So with a, with a little bit of a lengthy answer, which I'll
- 5:08give it to you. So today we're, you know, with
- 5:10the way I like to tell the stories that there's the sort of
- 5:14the range of of what is maybe described as agency, right?
- 5:17There's there's people that, you know, there's people that on the
- 5:20one hand, really just want to, you know, see it at ATV, for
- 5:25instance, and watch whatever is playing.
- 5:26And then there's people that, let's say, have so high intent
- 5:29in the skill and their money to do it that they'll make deal
- 5:31with their own content. Let's in in this case, if we're
- 5:33talking about video or something like that, right.
- 5:35And so there and there's this like Long Branch in between.
- 5:37And so we in the context of, I give an example for some war of,
- 5:42I don't know, making games or something like that.
- 5:43There's a small set of people that can actually for make
- 5:45games. Most people play them.
- 5:47And then there's this like emergent platforms like Roblox
- 5:50where, where people would sort of can create games, right,
- 5:55without, without having to be a professional game developer,
- 5:58right? And so in our case, we decided
- 6:00to focus first on, on this upset of people that would create,
- 6:04create the story if it would be made very easy for them.
- 6:07And, and does, you know, we focus first on those that come
- 6:10in and pick a, pick an existing template.
- 6:13But of course, we're, we're evolving the platform as we, as
- 6:15we grow to, to essentially cover more, you know, more creative
- 6:18tools. So people can we know we already
- 6:20let people edit the text, you know, and eventually create
- 6:24their own, their own narratives for, you know, we, we certainly
- 6:26have a lot of demand, demand for it, right?
- 6:29Yeah, and I've got to say the the video on your website is one
- 6:33of the most adorable things I have ever seen.
- 6:36I couldn't imagine a better sales tool.
- 6:38So I go to, I go to dream stories dot AI upload a picture
- 6:42of my kid. It puts my kid as the hero in
- 6:46the story. And then you print the book and
- 6:48you get the book and your your child gets to be like, Oh my
- 6:51gosh, it's me and every single page.
- 6:54What a brilliant idea. Yeah, and but you know, what's
- 6:57actually the funniest part was that when, when we first build
- 7:00the prototype. So, you know, you also asked me
- 7:02about, OK, can I create the story, right.
- 7:04And then the, the stories that I wanted to create a story is in
- 7:07me, right? I, I grew up like visit reading
- 7:09Tintin, you know, Tintin in French, you know, I was obsessed
- 7:13with it. And so in a sense, I, the first
- 7:15story was one I wanted to create for my child where essentially,
- 7:18you know, and where he was Tintin, right?
- 7:20He was going on in the venture and he was going to different
- 7:22places, which is kind of what I grew up with.
- 7:25And, and so that that was a story.
- 7:27I, I, I envisioned and it was quite hard to put together, you
- 7:31know, but as we built tools when we started launching, watching a
- 7:34few more and so forth. And, and like I said, now we're
- 7:36getting to a point where where other people will be able to
- 7:38soon to start creating their own right in the same way that I
- 7:41created mine, because in my case, that's the express how to
- 7:44give to my child. But you know, we got people that
- 7:46what you know that have, you know, other things, right, and
- 7:49even other, I don't know, valley systems or religions or
- 7:53somethings that they want to put into a story.
- 7:55And that's a bit of it, right, That you can empower people to
- 7:57do that and explore, you know what for them, what they would
- 8:00like to, where they would like to see their kids, right in the
- 8:02valleys they would like to. Propel yeah, 100%.
- 8:06I mean, so let's talk big picture here.
- 8:09This is an incredible product and we'll get into the economics
- 8:12of the business a little bit, but where do you see dream
- 8:15stories landing in five years? Yeah, that, that is a great, a
- 8:19great, a great question, right. So I the, the way I usually like
- 8:24to tell people to so to you know, there's as you know,
- 8:28there's a lot of there's a lot of people coming to the AI now
- 8:30and the you know, and sorry, well, I've been in in the space
- 8:33for a while, but you know, more intensively.
- 8:36No, but the way I like to to kind of say is that this is
- 8:39action idea I had many, many years ago.
- 8:41I, I used to, you know, I, I suppose my first claim to fame,
- 8:46if you will, was leading growth, new markets at Spotify.
- 8:49But when I joined Spotify, really in the early days, I was
- 8:52in the content team and on the content team as a now dealing
- 8:57with essentially with the content and that came from
- 8:59labels and artists. I, I, I started noticing like a
- 9:03lot of content that was, that was personalized for people.
- 9:06And this is like birthday songs or, you know, love songs with a
- 9:09certain name. So you'd have let you know,
- 9:11happy birthday Ryan or Ryan, you look good today.
- 9:14This type of things. And if you look, if you
- 9:15literally look up your name on Spotify, you'll find like a
- 9:18myriad of songs that include you in the, in the, in the name, in
- 9:22the name of the song in the content.
- 9:24So back in 2009 or so, when I, when I first noticed it, I had
- 9:27this like thought experiment of, I wonder if one day you can
- 9:30have, let's say, Beyoncé sing a song for you, you know, for you
- 9:33specifically. And, and I want to highlight
- 9:35this was way before, you know, I, I wouldn't have told you this
- 9:38was AI back then. It was just a thought
- 9:40experiment, you know, and, and this was way before nowadays,
- 9:42technically that's possible with, with platforms like Suno
- 9:45where you could, you could literally get Beyoncé or
- 9:47Beyoncé's voice to sing a song for you.
- 9:49But it, but that's actually where the seed of this, this
- 9:52idea of like personalized content on top first came to me.
- 9:55And, and there was the idea I had in back of my mind.
- 9:58Now, of course, with Spotify, personalization is a massive
- 10:01thing for us, you know, or he was, was in and continue to be,
- 10:05you know, we, we basically knowing, getting to know you
- 10:07very good and delivering the right content for you.
- 10:10All my businesses since Spotify, I left in at the end of 2014,
- 10:16all, all my, all my business done have had some hint of
- 10:19personalization with them. And so, and that's, I think one
- 10:22of the beautiful things I think with, with technology is, is, is
- 10:26actually enabling to do that in in fact, I, I, I just helped
- 10:31launch a few years ago, I helped launch NECO health, which is,
- 10:34you know, a health scanner. And I usually tell people that's
- 10:37basically the same thing in, in reverse, which is your, we're
- 10:41taking healthcare, which is something that is a bit bit of
- 10:43an artisan good. You go there and the doctor,
- 10:45like, you know, performs for you a service that is one O 1.
- 10:49And we're trying to scale it with technology in the, with the
- 10:51eye, that's NECO Health. But that's kind of the common
- 10:53teases of all my businesses have been like, can I deliver
- 10:56something that feels end of 1 at skill?
- 10:59I've done anything notation as well.
- 11:02Sorry for a different day or maybe later in our conversation.
- 11:04And so and this session now makes I'm exploring that in
- 11:07content and not going back to my idea.
- 11:09So anyway, so sorry, long answer, but you know,
- 11:12essentially that's why that's why I believe media is going as
- 11:17well. We already see it in advertising
- 11:18where essentially ads get get decided tweaked upon by
- 11:23platforms like like Meta at the point of impression.
- 11:27So they're already end of one in a way.
- 11:29And I think the rest of content will will will sort of follow
- 11:32suit in in a way. Unbelievable.
- 11:37OK. And your founding member of
- 11:39Spotify That's that's that's I was.
- 11:42Very. I was very, yes, I was very
- 11:44early on in the team, yeah. Incredible.
- 11:47OK, so a couple of things kind of come up for me when I hear
- 11:50you talk about that. One is the the books that I
- 11:52really resonated when I was a kid, you know, in the 90s we had
- 11:56choose your own adventure books. You ever heard of this and.
- 11:59Yes, Yeah, I have. I have a few here actually, yes.
- 12:03They were so fun. That's what I like to read.
- 12:05And then you go back and be like, oh, I went down the wrong
- 12:07path, got eaten by the dragon, you know?
- 12:09So I was already like felt like I was putting myself.
- 12:12You mean this one? Amazing.
- 12:14Yeah. Cool.
- 12:16Yeah. You're, you're putting yourself
- 12:18in the story. You have agency because you can
- 12:21choose different outcomes. It was great, you know, and I
- 12:24think they've experimented with that a little bit on Netflix of
- 12:27different and alternate endings and things.
- 12:28But I think to your point, people have always wanted this
- 12:32kind of ability and agency to to craft their own fantasies.
- 12:37You know, now it's an interesting way to enter with
- 12:40kids because kids get really jazzed when they see themselves
- 12:44now. Do you see this personalization
- 12:46of like in the future I'll put I'll be James Bond and I can
- 12:50watch myself be James Bond on AR goggles or something like that?
- 12:54Or alternately, will you choose people that are familiar to you?
- 12:58So one thing that I saw from generative AI early on is I kind
- 13:02of mourned the the death of art because I could just see it.
- 13:06I'd be like, oh, why would I find a new musician when I can
- 13:09just tell AI to make me a new Bob Marley album, you know, Or
- 13:13why would I find a new actress? Because I just want to see Salma
- 13:17Hayek and everything you could put, you know, I want to see a
- 13:20whole football game of Salma Hayek's playing each other.
- 13:23You know what I'm saying? But maybe that's just me.
- 13:24I'm a weirdo. So how do you see kind of the
- 13:27the future of generative AI as people start to have, you know,
- 13:30ability to choose the characters?
- 13:33Now, you and I know startups are built in board rooms.
- 13:36They're built in the wild during 3:00 AM.
- 13:38Bug fixes, botched launches, and that one meeting where
- 13:41everything almost fall apart. That's what Code Story is all
- 13:44about. It's a podcast where tech
- 13:46founders breakdown the make or break moments behind their
- 13:49products, What went wrong, what went right, and what nearly
- 13:52wrecked everything. Hosted by Noah Labhart, Code
- 13:56Story goes past the highlight reel and into the honest stuff,
- 13:59Late pivots, brutal bugs, and somehow coming out alive with a
- 14:02product people actually love. If you're in the build stage of
- 14:06the scale stage or the please let this feature work stage, I
- 14:09can relate. This show will speak to your
- 14:11soul. Listen to Code Story at
- 14:13codestory.co or wherever you get your podcast.
- 14:16Just search Code Story. It'll be right at the top.
- 14:18Because great startups aren't born, they're forged one hard
- 14:22moment at a time. Code story.co.
- 14:26What's up everybody? Let me hit you with some math
- 14:28that will blow your mind. A wealth manager using Warm
- 14:31Start dot AI grew their assets under management by 8.5 million
- 14:36in three months. Their monthly fee?
- 14:38500 bucks. That's a 1700% return on
- 14:41investment in three months. And I get it, another AI tool,
- 14:45another monthly subscription. But here's what makes Warm Start
- 14:48different. It's not trying to find you new
- 14:51people to bug. It's helping you reconnect with
- 14:53people who already know you. As a founder, your biggest asset
- 14:57isn't your product or your website.
- 14:59It's your relationships. But most of us are terrible at
- 15:01nurturing them systematically. Warm Start connects your e-mail,
- 15:05identifies warm contacts, and helps you craft personalized
- 15:09outreach. That doesn't sound like a robot
- 15:11wrote it. The best part?
- 15:12You review every message before it goes out.
- 15:15No automation without permission.
- 15:17If you're ready to stop leaving money in your inbox, try Warm
- 15:20Start dot AI. Use code AI FF for 50 bucks off
- 15:26your first month because the ROI on your existing relationships
- 15:29is probably better than any investment you'll make this
- 15:32year. That's warmstar dot AI and use
- 15:35code AIFF. Yeah, I think I think it's a bit
- 15:39more than worse than that, right.
- 15:41I don't know if it lenses the best analogy, but it's kind of
- 15:43as you spoke, I kind of think about the classical sort of, you
- 15:46know, sort of Pepsi sort of testing.
- 15:49You know, if you if you taste like, you know, Pepsi or cola,
- 15:52you know, in a blind test, you would like Pepsi better, or at
- 15:54least that's the same right deals, but you like Coke better
- 15:56because of the brand association with it.
- 15:59And I think that the, I, I think we underestimate how much these
- 16:02things have impacts in, in, in our lives, like essentially
- 16:05what, what, what our friends like and so and and so forth.
- 16:09And then, and then push on us. It's actually interesting at
- 16:11Spotify, we, we, we had hints of both where people sometimes
- 16:15really wanted to know the, what their friends were listening to.
- 16:17Others like practically flocked to a certain sort of music
- 16:21friend, if you will, like some person that was actually a
- 16:23trendsetter. And I think those things are
- 16:25actually not, not going away. And, and, and I think also the,
- 16:30I understand your thought process right now in terms of
- 16:31the depth of artists of what we do.
- 16:33I actually think so, right, Because I think that at the end
- 16:36of the day, I do think that AI is a very powerful tool, but,
- 16:40but it's still a tool. And I still, I still think
- 16:42whoever yields it still yields, still gets to ask the question
- 16:46of what, what they want, what sort of what they want to see
- 16:48or, or how they want to sort of manifest something.
- 16:52So, for instance, in the, in the case of her, one thing I feel
- 16:56actually validates my, my, my view of the world is actually
- 16:58the world we've witnessed now with France, with Sauder coming
- 17:01out where you see that, you know, that the thing that people
- 17:04actually quite liked about it was was that they got to create
- 17:06content around, around people. Like you said, you mentioned
- 17:09Salmaea, right? For instance, you could create
- 17:10content. It's not that certain.
- 17:12It's just you. And one thing I we didn't
- 17:14mention is that almost almost no, I wouldn't call it
- 17:18accidental, but my Co founder actually in the company.
- 17:20One thing you did very early on that was a happy surprise is
- 17:23that in one of our first prototypes, which I have laying
- 17:26here somewhere, he actually put myself and my wife in it as well
- 17:30as in addition to them to to the child.
- 17:33And in a way that actually was more both harder to pull off for
- 17:38technical reasons, but also one year in the way and we come.
- 17:42That's actually why I realized, Oh shit, it's actually a social
- 17:45experiment, a social experience, right.
- 17:47So it's not actually just a kid seeing themselves.
- 17:49It's obviously now that we we launch and we have a lot of
- 17:52customers. You know, people have, I don't
- 17:53know, they have their pets, they have their cousins, you know,
- 17:55grandparents. We've had a lot of people that
- 17:58from us. You kind of, you know, both is
- 18:00both heart, you know, it both breaks my heart.
- 18:03And it's also a very beautiful thing people putting, you know,
- 18:05this is the relatives. Sometimes this is children there
- 18:08as a way to remember them. You know, again, depending on
- 18:11where you stand is a beautiful thing.
- 18:13You know, it also means that we I feel like we have a lot of
- 18:16responsibility to get it right. You know, when when they do
- 18:18that, the for sure, I feel the the weight of it.
- 18:21So it's not necessarily just this, you could almost say
- 18:24narcissistic kind of seeing yourself, right.
- 18:26It's about seeing the things and the people that you care about.
- 18:29You know, you know, in that representative reality, right.
- 18:33And like you said, it's you were saying your premier self in the
- 18:35story. One of my favorite books is
- 18:37never ending story, you know, which, which likewise is kind of
- 18:40this hybrid though, that you're reading a story, but you kind of
- 18:43take part in it and your mind flocks to it and, and there's
- 18:46the, the lines blur, right? And so I, I, I think that's a
- 18:49beautiful thing, actually. Yeah, that's incredible.
- 18:51And to your point, I mean by actually printing a a book, it
- 18:55becomes different than ATV show or or a music.
- 18:59It doesn't. It's not a glowing screen.
- 19:02You know, it is an experience and especially with the kid,
- 19:04it's experience you're going to have every single night,
- 19:07probably, you know, at bedtime. So you know, and you know, it's,
- 19:12it's fair time because I tell you what, I, I can only read
- 19:15Goodnight Moon 200 times at 201. I'm like kid, anything else
- 19:20please, I can't read Goodnight Moon one more time.
- 19:23Yeah, it's, it's actually interesting that that, you know,
- 19:27the retention is great in that sense, right?
- 19:28You know, because kids do do do like repetition for for sure,
- 19:32right? Yeah, 100% cool.
- 19:35Let's talk a little bit about the tech stack of of the, the
- 19:38company kind of what you're using to, to produce the the
- 19:41images and then you know how you financed and actually kind of
- 19:45built structure around the business.
- 19:48Yeah, so, so, OK, let's start first with the with the tech
- 19:51stack. So we, we spent a lot of time
- 19:53building the, you know, I guess what best describes as an
- 19:55orchestration pipeline to sort of get it done.
- 19:58It's actually, you know, as you know, things and they are moving
- 20:02so fast that things get, you know, the, the field evolves
- 20:05quickly. So if I were to start again
- 20:07today, probably be somewhat easier.
- 20:09And we obviously we keep up with it, trying to keep updating it.
- 20:12But but we actually in the beginning, a lot of it was just
- 20:16as I told you, we wanted to focus on this segment of people
- 20:19that had no technical skills. Of course, if you have, if you
- 20:22have some of the best skills you can, you know you can go you
- 20:24can. You can use majority somebody
- 20:26that if you're really good at prompting, you can get the
- 20:28really good images out of it. Actually consistent characters
- 20:31is a problematic area is something that even now there's
- 20:33a lot of companies coming up that literally their model
- 20:35announcement is that finally we got character consistency.
- 20:38It's actually hard to do, you know, across images to remain
- 20:43consistent. If you've tried it, you probably
- 20:45know it's. Extremely hard, especially in
- 20:47video, but even in in pictures to like background changes.
- 20:52You know, just like having consistency within the face.
- 20:55And and then there's things that are think people don't would,
- 20:59unless you're a domain expert, you probably would not give it
- 21:02credit. For instance, when you know,
- 21:04it's, it's, it's not that difficult for you to, to ask an
- 21:07AI model to produce, I don't know, a woman or a child
- 21:10describe to them and they produce it because they will
- 21:13base off of the training data. But if you actually wanted to
- 21:15look like your child and your child or your, you know, your
- 21:18partner, somebody, someone in your life, there's other
- 21:20specific things about them, like their smiles are very specific.
- 21:23That's when I can tell you that usually I can show you something
- 21:26that looks exactly like you and then, OK, make it smile.
- 21:29And you say, well, that's not me because you recognize it.
- 21:31That so, so there's these details that actually are hard
- 21:33to pull off. I'll be honest with you.
- 21:36It has gotten easier as in, you know, which we benefited from it
- 21:39actually, but we spent a lot of time, you know, building that
- 21:42through a combination of models, some open open source models,
- 21:45some proprietary stuff we built and, and trained on.
- 21:49So that's essentially the, the where we spend most of the time,
- 21:52frankly, building, building the what I would call the precise
- 21:55position pipeline. And as that became more stable,
- 21:59we've evolved more to the started to, I guess you could
- 22:02say, the creative tools to create the, the tiles
- 22:04themselves. And that's why I'm telling you
- 22:05that now we're going to close to a point where they're becoming
- 22:08so easy that we can actually give that to customers
- 22:11themselves. Let's say if you actually want
- 22:13to create your own story, you'll be able to do it right without
- 22:16requiring, you know, a lot of effort on your behalf for it.
- 22:19Absolutely. You know, and when I'm thinking
- 22:21about the, the business model, you know, the, the big money in
- 22:26publishing is in licensing and distribution and sales, right?
- 22:30You know it with this, there's not necessarily IP.
- 22:34How do you, how do you protect the business?
- 22:36If you could say, you know, with Nano Banana and Lovable put
- 22:40together something comparable, it's not going to look as good
- 22:42as this. This looks absolutely
- 22:43incredible, but you might be able to get it 80% there.
- 22:47You know, how do you kind of protect the business model?
- 22:50Yeah, Yeah. Like I said, I think it's, I
- 22:53mean obviously I wouldn't want to invite competition, you know
- 22:55and as an entrepreneur would, but it is, it is harder to scale
- 23:01then put them again and again it will be, you'll be easier as
- 23:05time goes, but it's actually harder than than you think to
- 23:07actually do it again consistently.
- 23:09Again. I have no doubt if you have a
- 23:10lot of agency, you'd be able to grab none of banana and level
- 23:13and put together something for yourself again to get it for for
- 23:16a lot of other people, it's a very different story.
- 23:19But in terms of like of IP, that's the other thing.
- 23:22I actually don't think that that that IP per SE will go away.
- 23:26I mean, one of the one of the requests you get is a lot is
- 23:30like, you know, people want to create stories with their
- 23:31favorite characters, you know, whether this be spider man or,
- 23:34or or Barbie or or something like that, right?
- 23:36They would they would like to have those, those scarves.
- 23:38Now we don't allow that today, but it is something that that,
- 23:43you know, that's conceivable that you would that you'd say,
- 23:46hey, you know, wouldn't it be great for you to create stories?
- 23:49We do. I'll give you another example.
- 23:50Actually, I think is more practical as well, which is
- 23:52let's say that you have an audience.
- 23:54So let's say you Ryan, and then you could tell your entirely
- 23:56loose things that, hey, you could create a book with me and
- 23:59and you right now, what would you want to do with that?
- 24:02Well, you probably would want to set up a set of rules like
- 24:05things that, you know, that you can get the right character to
- 24:07do and do not and how we should behave.
- 24:09But it's entirely doable, right? And a lot of people sort of
- 24:12remix it, which again, is kind of what's what Sara is doing
- 24:14with the camels, right, You know?
- 24:16Yeah, 100%. And I mean, you know, a lot of
- 24:19things there's like, oh, you could do it.
- 24:21You know, I've got a buddy who put together a website called
- 24:25Post Malone yourself and you can upload a picture and it gives
- 24:29you like, face tats and like a grill and then ridiculous.
- 24:34I love it though, but but but people aren't going to do it.
- 24:38So a lot of I think this game is like seeing where media is
- 24:42evolving and then being there first, you know, So is that
- 24:46really important to you that like people start to think
- 24:49about, Oh, I can customize my a book about myself, which again
- 24:53is like a a great and already established business model where
- 24:56people will take their their childhood pics and they print
- 25:00them out for mom for Mother's Day and you get a little book
- 25:02and it's awesome. This is introducing like it's
- 25:04creating kind of a a Pixar almost look and aesthetic to to
- 25:10your kids photos, enough that they recognize themself, but
- 25:12also enough that it's stylized that it's entertainment and it's
- 25:15not. Just, and it's also the thing,
- 25:17right, which is like, there's, there's the reason why I like
- 25:20the category, you know, and again, I, I, we'll get into,
- 25:23into funding and all these things, but when people ask me
- 25:25like, OK, recordable, why do you focus on books, right?
- 25:27You're a guy from technology, right?
- 25:29To know you should be doing digital so far.
- 25:31Why'd you focus on books? Well, I actually chose it
- 25:33because it was an established category.
- 25:35I mean, you can search like personalized books and there
- 25:37there is they're they're all, you know, not all some some are
- 25:40emerging, but most of them are pre AI.
- 25:42So they're a bit, you could say outdated if you will, but the
- 25:46category exists like people buy them and to your point, they'll
- 25:49buy them and you know, and you know, a special holidays, so on
- 25:51and so forth, right? But they can't, that tends to be
- 25:55it, right? You'll buy it once maybe every
- 25:57other year, you know, at best, right?
- 25:59But there's a difference between, but this is actually
- 26:02where my experience comes, comes into play, where being someone
- 26:05that comes from, you know, building services and
- 26:07subscription services in particular, which is, well, can
- 26:10we turn that into a repeat behavior, right?
- 26:12Be beyond the going beyond being a novelty and something that you
- 26:15actually do it. That's actually why you'll
- 26:17notice that the, the books that we have right now are AP Zodiac,
- 26:20right? And so, and we have a lot of a
- 26:23lot of our customers. I, I would, I very transparent
- 26:26to tell people, none of our customers, you know, woke up
- 26:29that morning thinking I'm going to sign up for them stories and,
- 26:32you know, and, and create like a bunch of different books to
- 26:34subscribe to, to, to books. However, what they do is that
- 26:37they want to get a book for right now for a gift, as you
- 26:40mentioned, but then you know, but then they say, OK, Oh, wow,
- 26:44this is actually a service is not a print.
- 26:46It's not a one time product. It's actually a service that I
- 26:48can get, I can get a continuation on, you know,
- 26:50because as you know, the use case is there.
- 26:52The kid will want to read every night, right?
- 26:54Then actually the parent has it. You actually give me another
- 26:56hint. She's the parent.
- 26:57Actually, he is the one that wants to buy another one.
- 26:59So he doesn't have to read the same one over and over again,
- 27:01right. And so I think that there's a
- 27:03lot of, there's a lot of like, like a better word skill and
- 27:07process that comes a bit from my experience in trying building a
- 27:10service that not a product, but a service.
- 27:13Interesting. And and so if it's it's
- 27:15serialized, then it can also kind of grow with your kid
- 27:18because as I was kind of walking onboarding, which onboarding for
- 27:22the product is so elegant and so simple.
- 27:24It says like, well, how old are you?
- 27:26You know, so you're like, I'm 7 and then the next year you're
- 27:29like, I'm 8, you know, and so the, the, the series can grow
- 27:32much, much. I, it's just making me think of
- 27:34like stranger Things, which is, you know, the, the new seasons
- 27:36about to come out. And so they have to change and
- 27:38adapt because the kids got older, you know?
- 27:41Correct. Yeah, Yeah, exactly.
- 27:42That's a good point, right? You know, and that's actually
- 27:44one of the things once, once people get caught on to that,
- 27:47you know, they ask us a lot about this, right.
- 27:49So sometimes they, they want us to, to, to, we have had, you
- 27:53know, we renew our company, new company, but we had actually, to
- 27:56be honest, it surprised me how much people want to do that even
- 27:59a few months apart because, you know, particularly children,
- 28:01they're very young, they grow very quickly and basically aged
- 28:04the child accordingly. And and I want to have the
- 28:07topics like evolve the reading language, all these other
- 28:09things, right? Yeah, 100%.
- 28:13OK, great. So you start the company.
- 28:15How did you finance the company? Yeah.
- 28:18So we, you know, we raised from from a few friends.
- 28:21I mean I've friends that, you know, investors, but I've, I've
- 28:24like I said, I saw a number of companies, most of them venture
- 28:27backed. I've also, I've also had the
- 28:30prior exit. So you know, I put it in a bit a
- 28:32little bit of my money. I've raised a few from others.
- 28:35So we're, we're, we're well capitalized.
- 28:38There you go, you go to your go to your investor cohort.
- 28:43You're like, hey, you know me, the the music guy.
- 28:46I did a a food company. I'm thinking about getting into
- 28:50children's books where they like, where is my checkbook?
- 28:53Let me let me sign on the bottom line.
- 28:55Did it take much convincing? What was the pitch?
- 28:58Yeah. And so I'm, I'm glad you asked
- 29:00actually, because it's interesting like that.
- 29:01And literally one of my investors said, said something,
- 29:04we came to what you're So what you're hinting at, which is
- 29:06like, I would not think this is the thing you were going to do
- 29:09or, or that or, or, or I would not invest in this if it
- 29:12wouldn't be for you being attached with because I, but,
- 29:16but to be honest, you, that's kind of what attracts me to it
- 29:18as well. I, I like to say, you know,
- 29:20things generally look great in hindsight.
- 29:22Things that become great look great in hindsight.
- 29:24I kind of like the, the sort of the odd topic that people be
- 29:28like, you know, for a lot of time, a lot of time frizzy with
- 29:31Kinko, my food company mentioned that was the juice guy.
- 29:33He was like, why is he doing juices?
- 29:35Like this guy helped build Spotify and now he's doing
- 29:37juices again. We can get into it later, but I,
- 29:41I kind of like that. I like that it's too in a sense,
- 29:44you could say a little bitty a little bit under a dog in a way,
- 29:46or pretty myself in that position and, and trying to
- 29:48capture something that I believe I see that other people don't,
- 29:52because generally I think that, you know, if something's very
- 29:54obvious is also extremely competitive and which sends the
- 29:58dollar the opportunity down is all right.
- 30:00So, so, so yes, so I do take some convincing in that regard,
- 30:03right, Because I, I had to kind of explain why, why I believe
- 30:07this. And then after I, after I showed
- 30:09and explained to people like my vision, my strategic vision for
- 30:12what I believe contest going to go, the follow up question was
- 30:15that one, OK, but why start with children's books?
- 30:17And that of course, takes some convincing, right?
- 30:19But, but, but I'll be completely convinced that's the, the right
- 30:23approach for us. And then I certainly would not
- 30:25do it do it differently. And strategically, it seems
- 30:28smart. I mean, children's books has to
- 30:30be greater than 50% of the book purchases, right?
- 30:34Yeah, no, of course. And there's also something which
- 30:37is that the in, in products, we we also live in a, in a if, if
- 30:41you're in media, right, you're, you're playing the, in the
- 30:44attention economy, right? And and so anyone that there's
- 30:46an attention economy is competing with, you know, the
- 30:49Netflix is the Tik Toks and all these other things, right?
- 30:51And so it's so it's it's actually a brutal industry.
- 30:54I mean, as you know, you know, try to grow a like a media
- 30:56property is very difficult to to fight for some attention.
- 31:00And it's also becoming harder, particularly with companies
- 31:03again like soda, we know, which are basically giving away
- 31:05tremendous amount of of frankly compute and value to people for
- 31:09free, right? So, so it's actually quite nuts
- 31:12to try to compete there to a point where even being a great
- 31:15product is not sufficient. So you have to kind of figure
- 31:18out a way to make distribution work for you.
- 31:21So of course, if you, if you go with, with, but, but again,
- 31:24because of his products in the marketplace, people are starting
- 31:26to expect the digital products to be free, at least extremely
- 31:30generous, which requires an extreme amounts of capital to
- 31:34do. And again, and it's almost a
- 31:36fight to the deaf, you know, in terms of like, you know, lower
- 31:38margins and so on and so forth. And so, so in my case, you know,
- 31:42the, I, I wanted to set up something where I knew that we,
- 31:46we could have good economics from day one, because I just
- 31:50knew that that essentially just meant that we, we were just more
- 31:53resilient to competition, right? And and so on, so forth.
- 31:56And I actually had one, you asked me about investors
- 31:59skepticism in the way, but one, actually investors in the sense
- 32:02something I, he said it, I didn't, which was, no, I
- 32:06actually love it because I think people will come to expect
- 32:09digital goods to be free, 100% free, and they will only come to
- 32:12pay for physical goods, right? So he actually thought he was
- 32:14genius, right? And and I was like, OK, he's
- 32:17decided not I right. But that's a good way of putting
- 32:19it. Yeah, I know it makes a lot of
- 32:21sense. And like you said, it's an
- 32:22experience. You know, reading a book to your
- 32:25kid is is an event, you know, it's not really a thing, you
- 32:29know, Or if you they talk about like human or like humans.
- 32:33Interaction with AI is largely going to be dictated by taste,
- 32:37so that there's always going to be a human in the loop.
- 32:39And in this case, the human in the loop is a kid, you know?
- 32:43Yeah, I mean it. Actually, actually the the
- 32:44gardening as well, right, which is, which is also another
- 32:47interesting dynamic, right, which is the the you know, one
- 32:50of one of the biggest version points for me is has has it's
- 32:54kind of PR friendly for me to say Walt Disney, right?
- 32:57But one thing the story specific are to tell about Walt Disney
- 33:00is, is that when you have the epiphany for Disneyland was he
- 33:04was at the merry go round with his daughters and and he had
- 33:07this idea that there should be a place where the entire family
- 33:10can have fun together, not just the kids going around and you're
- 33:12just there and basically literally just keeping guard,
- 33:14right. And so that's actually a built
- 33:18Disneyland on that premise, right, something for the entire
- 33:20family, right. And so one thing that that was
- 33:22very important for me with dream stories is that can we make
- 33:26something that is, that is, is a family thing, You know, and you
- 33:30mentioned the reading part, but also the creation part, right?
- 33:32Because the, the, the parent or the garden that is actually
- 33:36creating often with the kid next to them, but often often
- 33:39otherwise as a gift, they're spending time doing that.
- 33:42And that's also in itself an enjoyable activity for that,
- 33:45right? You also have to think so it's
- 33:46not even just a final product. The creation is part of the,
- 33:49it's kind of like, as they say, you shouldn't just make the
- 33:52elevator journey shorter. You should make it enjoyable,
- 33:54right? You should.
- 33:54You should make it something that actually they want to do it
- 33:57right. Cool.
- 33:59I love it. You know, and I'm convinced just
- 34:02from your track record, I mean, you've got a lot of projects and
- 34:05a lot of big wins in a lot of really kind of category divine
- 34:09defining type brands. So, you know, we're Speaking of
- 34:12like Disney. It's it seems totally plausible
- 34:15in five to 10 years that your Disney Plus subscription, you
- 34:18could just turn yourself into Luke Skywalker if you want to
- 34:21and watch, watch the movie, you know, and everyone will be doing
- 34:25that for sure. So book seems like a natural
- 34:27place because not only is it experienced, not is it not only
- 34:30is it time with your kids, but also becomes kind of a place
- 34:33marker in time. And you're like, Oh yeah, that
- 34:36was kindergarten year. I'm getting sentimental now
- 34:38because my kids are a little bit older, you know, but, but I can,
- 34:42I can definitely see that. And, and the, the position for
- 34:45this is perfect. Now how many people are on the
- 34:47team? And so our team currently 7
- 34:50people, so a fairly small team, yeah, most of that is
- 34:54engineering, so very engineering for company.
- 34:58And then we have we have some people helping with the customer
- 35:01support and so forth. Fantastic.
- 35:03And so you, you raise some money, you got the team
- 35:06together, you get the MVP and you launch.
- 35:09Where did you get your first customers?
- 35:11Yeah. So the, you know, the I'm
- 35:14actually someone has a lot of experience in paid acquisition,
- 35:17which is usually a a response that actually investors don't
- 35:19like to hear because they like to, they like to sort of the,
- 35:21you know, the viral hit that that that hit.
- 35:24But I'm someone who's actually very methodological about these
- 35:27things. You know, of course there's a
- 35:28lot of this one hit wonder things that, you know, you did
- 35:32this thing, it went viral, but there's of course, like, you
- 35:34know, thousands of them to try the exact same thing.
- 35:35It didn't work out. So as I told you before, it was
- 35:38very important to me to have this sort of the end of
- 35:40economics that I knew I could, I could actually do this in a very
- 35:44slow and steady if needed. And does it, you know, I could
- 35:47actually spend, you know, spend marketing dollars and make the
- 35:50economics work for for that. So I actually did get it off of
- 35:53paid to pay channels, right, which I, I did quite a lot at
- 35:55Spotify as well. It was a different time.
- 35:58You know, I can tell you was a lot cheaper back then.
- 36:00You know, we were, we were, you know, Spotify at, at at one
- 36:04point was a, was a top spender on many of the of the networks
- 36:08right back then. So now it's a different,
- 36:10different game. But but, but again, but if
- 36:12you're, if you're have experience in the area, you can
- 36:15probably pull, pull it off. But then that, but that's part
- 36:18of the puzzle, right? Then you start getting
- 36:19referrals, you start getting, you know, start getting people,
- 36:22sure, you know, people taking the book to school, to
- 36:25kindergarten, reading, you know, so you get a lot of organic lift
- 36:27out of that. So it's a combination of things.
- 36:31Yeah. What was the most productive
- 36:33channel for you with the biggest return?
- 36:36Most productive it generally tends to be tends to be Facebook
- 36:40that if we're going to talk about 1 channel, you know, and
- 36:44then there's pockets of others that you know that at times
- 36:47perform but usually not as not as sudden state, not as stable
- 36:51as Facebook. Yeah, 100%.
- 36:54And then the the website seems kind of intentional, you can't
- 36:56find pricing anywhere so speak on that, that point and then
- 37:01kind of what's the the price per book?
- 37:03Yeah, it's actually interesting. You know, that's one one of the
- 37:05things I'm thinking about right now.
- 37:06So it's funny, funny you'd ask. Yeah, no, the, the price
- 37:10generally $60.00 per book. We, we do give, do give, you
- 37:15know, the part of the reason why it's not shown is because
- 37:18depending on how many books you have, you know, you decide to
- 37:20purchase, you get discounts and so forth on, on it.
- 37:24Yeah, I'm actually trying to have a so it's not intentional
- 37:26though. I know it's not like I'm trying
- 37:27to hide it or anything like that, but I'm actually trying to
- 37:29think and I'm actually running some EV tests to, to figure out
- 37:32what's, what's the right point to put it right.
- 37:36And, and generally I actually want to be very forthcoming with
- 37:40it because you know, we, we if anything we actually want to
- 37:44make a quality product. So we it comes with the price.
- 37:47Yeah, 100%. How many books you sold?
- 37:51Oh man, it's been, it's been quite a lot.
- 37:53We I, I wouldn't know top of my mind but it's getting closer to
- 37:58100,000 at this point probably. My gosh, 100,000 books dude.
- 38:02Congrats, that's incredible. Now you're based in Stockholm,
- 38:06correct? Yes, I, you know, you may know,
- 38:11this is the whole of Spotify, right?
- 38:12So I'm actually not Swedish, I'm actually Portuguese, but I've, I
- 38:17lived here, you know, in the beginning with Spotify.
- 38:19Then I moved to the West and I was living in New York for for
- 38:23about 8 years and then and my wife and I moved back to, to to
- 38:26Europe, you know, to especially start our family.
- 38:29Amazing. It's to Stockholm, incredible.
- 38:32So is are most of your sales coming from Europe or are you in
- 38:36the American markets as well? So mostly, mostly US it's, it's
- 38:40also happens to be the market I know the best.
- 38:42You know, even though, even though I'm based, I'm based in
- 38:44Europe. So most of most of US, we do, we
- 38:48do a sell, you know, everywhere. We actually just, you know, we
- 38:54actually just added also non Latin script, you know, meaning
- 38:57that you can have in, you know, in, in Hebrew or Arabic and so
- 39:00on so forth. And so we're actually opening up
- 39:03a few more markets with that, but but primarily my marketing
- 39:07efforts are focused on the US. Credible.
- 39:10That's awesome. What's something you know now
- 39:14about your company or your market or your your audience
- 39:18that you wish you knew in the beginning?
- 39:21Great question. I, I think that the, I was
- 39:26surprised to the degree that, so I'll tell you, it's almost the
- 39:32same answer for good and bad, right?
- 39:33In a, in a way, I'm surprised the, the, the amount of people
- 39:36of particularly, you know, parents and most of our, most of
- 39:41our customers seem to be, you know, parents in the age group.
- 39:44But we have a large segment of also grandparents and older,
- 39:47older people that that I'm surprised how how well they're
- 39:51being able to use the platform. So we're able to build something
- 39:53that's simple enough to tend to use, but it came at a lot of
- 39:57cost, right then a lot of engineering in in that and
- 39:59trying to make things extremely simple for them to use.
- 40:01So it's in a sense, it's both both, you know, so I'm very
- 40:04happy that we're able to do it in another one.
- 40:05You took it took a lot of it took a lot of work.
- 40:08Yeah. It's, and it's also that last
- 40:11thing I'll tell you is that AI, you know, for anyone working AI,
- 40:14you know, AI is not deterministic, right?
- 40:16It's stochastic. And we, you know, I used to, I,
- 40:18you know, I've been working technology for a long time.
- 40:21Generally when you fix something, it's all fixed for
- 40:23good. With AI, as you know, there's a
- 40:25lot of like hallucinations. In our case, it's not a problem
- 40:28because we are a creative platform to begin with.
- 40:30So it's not. But there's a lot of things that
- 40:33things go wrong that it takes a lot of time to fine tune things
- 40:36to get consistent because it's a good result, right?
- 40:39So it's it's quite hard lesson. Yeah, when you're thinking of
- 40:43paid media on a $60.00 product, what are you, what are you
- 40:46comfortable for customer acquisition cost?
- 40:50What I usually advise people when I, when I, when I, when I,
- 40:54when I, you know, I don't generally advise unofficial,
- 40:58right? I don't actually do it
- 40:59professional, right. But I have people ask me this
- 41:01question. I say that, well, agencies in
- 41:03paid media tend to generally do this arbitrage around the rows
- 41:08of 1, you know, sort of return that spend of 1.
- 41:11It's a bit of a bizarre thing in e-commerce because of course
- 41:13you're going to be losing money if you do that, you know,
- 41:15because you're not covering for margins so forth.
- 41:17So, you know, you'd have to ask them why they think it's a good
- 41:19thing. But there's this weird
- 41:21advertised around 1. So, so I can't usually tell
- 41:23people that if, if you have not spent anything, you should
- 41:26expect your cock to be roughly the same as your AOV.
- 41:29So if it's $60.00, you're probably going to be around AOV.
- 41:32But but then, you know, and that's actually at the point if
- 41:35it goes above it, that's the point where you know, paid media
- 41:38is a is a bid is an option, right?
- 41:40And so how do you win while doing an auction?
- 41:42Well, we have to out beat people, right?
- 41:43And so if no one's willing to bid above above the above rows
- 41:47of one, that means, you know, if you bid 61, you tell you're
- 41:50going to win. So the question is, can you?
- 41:52So that's why so many companies folk try to do subscriptions,
- 41:55right? Because they will probably lose
- 41:56money on 1st purchase, but then recover, recoup it later, right?
- 42:00And like I said, in our category, it tends to be one
- 42:02time purchases, you know, because it's a novelty gift.
- 42:06So it's why if you can build a service rather than than than
- 42:09the novelty, then then you're starting business, right?
- 42:12Yeah. What what percentage of your
- 42:14sales you think are are repeat buyers?
- 42:17It's a very, it's a very high percentage.
- 42:19Actually, we it could be higher. You know, generally I don't show
- 42:22the number not to mislead people just because there's another
- 42:25question, DNSP, which is like, OK, how many templates do you
- 42:28have? Right?
- 42:28And I think the right that the only answer for that is it's
- 42:32actually very simple to understand, right?
- 42:33She is don't I can tell the actual answer and I can tell
- 42:37them the right answer. The actual answer is that we
- 42:39have 6 templates. The right answer would be
- 42:41infinite, right? And and it's and why?
- 42:44Because, you know, if you think about this as a funnel, you
- 42:47know, you can think that, OK, I like episode 1 amazing, right?
- 42:50But then I don't like episode 2. I may like episode 3, but if I
- 42:53show them in two, I'll never get to episode 3, right?
- 42:55So it becomes too linear of a path for you to for you to have
- 42:58like sustainable retention. So we do have a very high
- 43:01potential of, of them that, that, that, that by, by the
- 43:06whole series. In fact, you'd be surprised at
- 43:09how many people buy it by the multiple times because they, you
- 43:11know, they buy for different, different, different family
- 43:14members and so on so forth. So I'm actually, you know,
- 43:18astonished at it to be completely awesome to do at at
- 43:20the at the at sometimes the current values we get, you know
- 43:24what I'd call off the street, you know, without straight off
- 43:27bid acquisition, presumably no brand knowledge, you know, and
- 43:30then and then it jumps to to to a huge a used purchase.
- 43:36But I think it could be a lot better, right?
- 43:37And it could be a lot better if you But for that you need to
- 43:40build the infinite constant machine, which like I explained
- 43:42to you earlier, to do it well with the proper guardrails and
- 43:46for both quality and and prevent abuse and also things you know
- 43:49it takes, it takes some time to build rent.
- 43:51Readable. Very cool.
- 43:53All right. I'm ready to get into the
- 43:55lightning round. Are you ready for the Lightning
- 43:57Round? I think so I'll I'll find out
- 44:00soon. Prepare yourself, you might need
- 44:02a juice. OK, so you're an ideas guy.
- 44:06What what other ideas do you have sitting around that you
- 44:09think what what particularly this audience likes is
- 44:13$1,000,000 annual run rate. So do you have any business
- 44:16ideas you think that could quickly get to A1 milli arr?
- 44:22I I I I well, yes, quickly, the quick is the trick part, right
- 44:26That I think I have I have a lot of ideas in the particular in
- 44:29healthcare. You know, it's a space where
- 44:30where have the like I said, that helps grew Necco health in the
- 44:34beginning. And I think it's it's one area
- 44:37that has tremendous potential, particularly because, you know,
- 44:41pardon my French would be the incumbent suck.
- 44:43I actually when when I was building, when I was building
- 44:46NECCO, I kind of said to myself, and this sounds a bit arrogant
- 44:49of me to say, but I was like, well, it it's not that that hard
- 44:53when the competition is so bad, right?
- 44:54So it's like the the Barry so low that the that is actually
- 44:58doesn't take too much to do now. It takes so much.
- 45:00This is a bit of obviously an oversimplification.
- 45:03It's still a lot of hard work to do it, but there's certainly a
- 45:05lot of opportunity there. And and if I trust me, if I had,
- 45:09if I could call myself, that's what I'll be doing, right.
- 45:12I'm very personal about what I'm building now.
- 45:13If I could do something else would probably be be in
- 45:16healthcare. Interesting.
- 45:18Maybe that ties into this one. If let's say you you sell dream
- 45:22stories for a billion dollars, what's your next project?
- 45:25Are you or is there a project? What do you do?
- 45:30Yeah, obviously I would probably be the healthcare that would be
- 45:32the next one, right? Because, like I said, Healthcare
- 45:35is something that is already ease a bit artisan not skilled
- 45:38and that you could you could certainly skilled, you know,
- 45:41building a better experience there a. 100% Is there a
- 45:45entrepreneur CEO that you admire or follow closely?
- 45:51Yeah, I mean there's a few that I deal with personally, right.
- 45:54That or that I was lucky to work with.
- 45:56You know, obviously one is Daniel of of Spotify, right,
- 45:58Tweeter who who I learned a lot from on a day-to-day basis.
- 46:02So that's probably the one that I, that I really with the most.
- 46:07There's a few that I found very interesting.
- 46:08I, I really, one I like to tell is the top Turner of CNMI think
- 46:12it's, I really, I really like the guy generally like, I like
- 46:15his, his persona, his attitude. But one thing I also found very
- 46:19interesting is that he, you know, in consumer, sometimes
- 46:24there's this, there's this thought about, you know, it's
- 46:27hard to sometimes be precise about what problem you're
- 46:29solving because things only look like problems in hindsight.
- 46:33And so for me, it's fascinating the idea of frankly starting CNN
- 46:37because it was something that no one asked for.
- 46:39And yet, you know, the, the sort of the world was ripe for,
- 46:41right? And, and the only looks obvious
- 46:43in hindsight that of course people want to watch news at
- 46:45more convenient times. So, so it's one that I find is,
- 46:48is thought process interesting how we came, how we came to it.
- 46:51And, and I just think it's just energy is really important in
- 46:54what we do being building companies.
- 46:56It seems like extremely like a high energy guy.
- 46:58I should never met him. He'll probably be one one I
- 47:01would actually like to like to meet.
- 47:04Hey founders, let me ask you this, are you building with AI
- 47:08or getting left behind by it? If you're serious about scaling
- 47:12smarter, faster and bolder, you need to check out AI for
- 47:17founders.co. It's your go to resource for
- 47:20cutting through the noise and actually using AI to grow your
- 47:23startup. Each week, AI for Founders drops
- 47:27a sharp, no fluff newsletter, dives deep with expert guests on
- 47:31the podcast, and hosts monthly workshops where you can get your
- 47:35hands dirty with the real tools and strategies.
- 47:38Whether you're precede or Series B and beyond, launching
- 47:42something new or just staying sharp, AI for Founders gives you
- 47:46the edge you need to win in 2025 and beyond.
- 47:50Hit AI for founders.co to subscribe to the newsletter,
- 47:54tune into the podcast, and grab your spot in the next workshop,
- 47:58and it's all free. Build smarter, move faster,
- 48:01think bolder with AI for Founders.
- 48:04Now back to the show. This episode is brought to you
- 48:09by Moberst, the AI first growth engine trusted by iconic
- 48:13startups like Calm, Robin Hood, Reddit, Uber and Google.
- 48:18Moberst is a digital, full service, mobile first marketing
- 48:21agency that helps companies to scale and become category
- 48:25leaders. Whether you're finding product
- 48:27market fit or ready to accelerate growth, Moburst
- 48:30delivers creative, data-driven solutions that help with scale
- 48:34and efficiency and impact. At Moburst, we're not just
- 48:38guessing what works, we're predicting it.
- 48:40As an AI first agency, Moburst uses cutting edge tools to
- 48:44analyze user behavior, adapt creative in real time, and
- 48:48uncover hidden growth opportunities.
- 48:50The result? Marketing that's faster,
- 48:52smarter, and built to convert from early stage startups to
- 48:56global brands. We've helped hundreds of
- 48:58companies overcome complex challenges, unlock new
- 49:01audiences, and optimize every metric that matters.
- 49:05At MO Burst, we believe that creative thinking, advanced
- 49:08technology and data are the core drivers of success at scale.
- 49:12If you're serious about scaling your business with precision and
- 49:15purpose, it's time to talk to MO Burst.
- 49:18Visit moburst.com and let's build something category
- 49:21defining together. Yeah, You know, Ted Turner, I, I
- 49:27really admire him too, you know, because I'm always keeping an
- 49:30eye out for kind of like conservationalists, you know,
- 49:33people that are doing good in the world but create a
- 49:36successful business model around it.
- 49:38I think that's ultimately what's going to save humanity is you
- 49:41got to make doing things right profitable.
- 49:43And he just about single handedly saved the North
- 49:47American Buffalo, you know, and created an incredible like food
- 49:55franchise around it. And I mean, Buffalo is
- 49:57delicious. So, you know, it's like it there
- 50:00was incentive to to save this beautiful animal that's kind of
- 50:03iconic for the American West. And being a Colorado boy, you
- 50:07know, he gets points in my book for that.
- 50:10And of course he's he imagine Fonda too, so.
- 50:14Not bad. Not a bad run on that guy.
- 50:17They're pretty incredible, OK. And one day America's Cup is
- 50:21also also like, you know, so yeah, yeah.
- 50:23The fun, fun life here. Yeah, 100%.
- 50:27What's something Spotify did wrong?
- 50:30Oh, at least it's long, man. I mean, that's the thing like
- 50:34when when when you're inside when you're inside the company,
- 50:37right? You do a lot of a lot of things
- 50:39that don't work out. I mean, some you can call
- 50:42experiments, you know that you have to run them to do it.
- 50:44Others, I think we're, you know, you, you think about 9 * 2 three
- 50:48I've gotten into in the in the 1st place and, and there's a
- 50:51list, there's a there's a long list of those.
- 50:54I think the, there's obviously a lot of them that I'm probably
- 50:58shouldn't share. One.
- 50:59I think I can share that, that, that, that we did because I
- 51:03think, you know, it's so old that I think no one will come
- 51:05after me. Is that in the beginning, very
- 51:08early on, we we built a download store.
- 51:13Many people don't know we had this, but this was actually
- 51:15something that we had to build, you know, our requirement with
- 51:18with labels and you know, it made no sense in the context of
- 51:21Spotify, right? The USO again, depending if you
- 51:24think it was a mistake or not, because you know, no one at
- 51:27Spotify really believed that was going to be the future of
- 51:29Spotify. We have to build it to please
- 51:31sort of labels and then on lo and behold, no one used it right
- 51:36here we pull the plug. So was it a failure?
- 51:39I don't know. Maybe we had to do it to prove
- 51:41them that no one wanted it, right?
- 51:42But it was just a bit of a bizarre thing in the context of
- 51:45of Spotify. Why would you want it, right?
- 51:47It's kind of it, it's, it's, it doesn't make sense in the
- 51:49context Spotify, right? You have access to the world's
- 51:51music, but you also want to buy an MP-2 for some reason in the
- 51:55same place. So.
- 51:57Go figure that one out. Yeah, they, I mean, it seems
- 52:03like one of their biggest innovations and most viral hits
- 52:06had nothing to do with music, which was just the year end
- 52:08recap when they started doing that a couple years back.
- 52:11And it's I mean, everybody adopted that.
- 52:12It was such a a brilliant product.
- 52:15So you're you're a stories guy, which I love, and you live
- 52:19probably in kind of a fantastic world mentally at least.
- 52:23If you could live in any historical era, in any place,
- 52:27when and where would it be? I think that's a very, it's a
- 52:33very good question. I, you know, I often, to be
- 52:35honest, I think I'll give you fun answer, right?
- 52:37But I often think that we actually, I, I, I feel lucky to
- 52:40live where we live right now because I think we are in our
- 52:43lifetime, You know, we're seeing so much transformation, such as
- 52:45celebrating extremely fast. I mean, the dawn of VI is an
- 52:48incredible thing. So I, I'll, I'll, when I was a
- 52:51little bit younger, I crave for the 20s or something.
- 52:54Now actually, I'm happy to live in this, in this age, But more
- 52:57recently I've, I've, you know, don't ask me why.
- 53:01I think I actually know why, you know, you know, that Lynyrd
- 53:04Skynyrd put out the video for free burn, right?
- 53:06And I don't know if you've seen this like 52 years after launch,
- 53:09right? And now.
- 53:10And I was watching the video, which is incredibly beautiful
- 53:13video and, and, and I was listening to it and I was, and I
- 53:18was like, frankly, just thinking that to sort of the, the late
- 53:2060s, early 70s was such a special time that that I kind of
- 53:25got, and I've been talking a lot to my wife about this also from,
- 53:28you know, I also read recently is then in the art of motorcycle
- 53:30maintenance, right? And I was thinking about it was
- 53:33probably such a special time to be alive, right?
- 53:35To have this, this feeling of, well, freedom of, of the
- 53:40discovery of joy for the future. And I think right now we
- 53:43actually leaving the time where a lot of people are very, very
- 53:45dark and then they have a very dark, you know, view of the, of
- 53:48the future. And so, so I'll probably say
- 53:51that right it, it isn't, I'm happy to be alive now, but I
- 53:55would have liked to experience a bit that that societal agreement
- 54:00that times are good, you know? Anyway, being Portuguese or any
- 54:06fondness around the Conquistadors era, go back and
- 54:10hang out with Vasco da Gama and those guys.
- 54:12Oh, man, yeah, That was that was the right answer, right.
- 54:14I should have. I should have gone for that.
- 54:17Yeah, it's it's. I suppose so, right.
- 54:20I mean, that's the, you know, the the other one.
- 54:25Yeah. You know, I'm, I'm also a big
- 54:28lover of this sort of Arctic expeditions sort of age, you
- 54:31know, when sort of circle turns and so forth.
- 54:33Went went down there. Actually my favorite, my
- 54:36favorite one is rolled and Winston, the the Norwegian one,
- 54:38the one that actually got to South Pole.
- 54:40If you, if you have a chance to, to read about this or if you're
- 54:43interested the IT it paints his picture of rolled.
- 54:46The Norwegian is a probe. The other ones are amateurs,
- 54:49right. So it's, you know, we went
- 54:50there. We, you know, it was a bit cold.
- 54:53You know, we too took a coffee and then we went there and we
- 54:55came back. So it's, it's not, it's not as
- 54:57daunting as the as the as the Brits for some reason.
- 55:00But so in the sense I, I think, yes, probably that that was an
- 55:03incredible age, right. I mean, this sense of like of
- 55:05there's things to discover fun. You mentioned that because
- 55:08because actually in in Zen and our motorcycle mantis, he talks
- 55:13about that since those times there had since actually the
- 55:16discoverer of America that we haven't lived in the time where
- 55:19people were, were and literally you had to change your frame of
- 55:21thinking how you think about the world.
- 55:23Like we went to the moon, but we knew the moon was there.
- 55:26Like he was not a surprise that the moon was there.
- 55:28Well, he was of course, amazing that we got there, but he was
- 55:31not a surprise. Whereas discovering America no
- 55:33challenges all your, you know, all your conceptions of what I
- 55:36mean. He literally creates A
- 55:37Protestant church, right. So I think that but, but so why
- 55:40am I interested about living right now?
- 55:42Because, you know, in the age of AIA, lot of people would
- 55:45describe it as an alien, right, That we're creating an alien
- 55:47entity in here on Earth. So I think it's kind of similar
- 55:51in the, in that page. We will need new ways of, of
- 55:54thinking about the future. And of course that's scary for
- 55:56many people, but it shakes you at your core, right?
- 55:59Like I, my previous view of the world may no longer apply based
- 56:03on these things. And so in the in that way, we
- 56:05live in that era, right? Yeah, you know that there's a
- 56:09spirit of that of like the explorer that reawoke it feels
- 56:13like a couple years ago with AI where you're like, oh, it not
- 56:17all the big players are so secure in their positions.
- 56:20We haven't seen the best of what innovation can really do.
- 56:23It does feel like we're on the the the the beginning of a big
- 56:27explorer phase, doesn't it? Yeah, correct.
- 56:29Yeah, Because again, a lot of things can shake your world, of
- 56:32course, right now, right. But if you'd wake up tomorrow
- 56:34and tell, OK, there's an alien spaceship, you'd question a lot
- 56:37of the things you thought about the world of reality, right.
- 56:40And I think in this way is, is is akin to that, right?
- 56:42And it's akin to the to the conquistadors area, like you
- 56:45mentioned, because, you know, it was a real possibility that
- 56:48you're going to find something that just no one had the clue
- 56:50was there. And again, why did it lead to
- 56:53the Protestant church? Because, well, because there was
- 56:55literally things that were now patently, you know, false in the
- 57:00way that we believe the world was, you know, because now
- 57:02there's evidence because it's there.
- 57:03Like you can't, you can't deny it, right?
- 57:05So I, I think that's fascinating, right?
- 57:07Then that's not to say anyone's right or wrong.
- 57:08It's just that it forces you to think differently, right?
- 57:11You, you'll, you'll, you won't have a choice.
- 57:13You can't. You can't not see it.
- 57:15You know, the Vatican learned that lesson, too, because when
- 57:18the Pope started releasing memos, that was like, hey, you
- 57:21know, what if there are aliens, God created those two, and it's
- 57:25all good. It fits underneath our people.
- 57:29Like, wait, wait, is the Pope telling me there's aliens?
- 57:32What's happening right now? Yeah, yeah.
- 57:34It's so they made it more broad. Yeah.
- 57:36But you know, but again, it's, it's, it's a fascinating time,
- 57:38right, to be alive right then. And that's, that's why I would
- 57:41recommend that book is old as an inductive motorcycle measurement
- 57:44because he talks about that, right.
- 57:45He talks about. And that is something that
- 57:47before reading, I hadn't thought about that while I was
- 57:50mentioning the sixes being such an interesting time, we knew
- 57:52them when was there No, no surprise that the one was there,
- 57:55right? And the and that the difference
- 57:57is that you know this is so different that you know it just
- 58:00will change the way you think. We we don't know what's there.
- 58:04Yeah, yes, it's so exciting. Ricardo, this has been awesome.
- 58:07Everybody please check out dream stories dot AI.
- 58:09You can start. You can upload pictures right
- 58:12there from from the the the first page and start to really
- 58:15interact with the technology. The whole presentation is
- 58:17beautiful. Congratulations to you, Sir.
- 58:19I I know you're a big supporter of the World Wildlife
- 58:22Foundation, so I want to give them a shout out real quick.
- 58:25This is wild.org with nearly 50 years global experience
- 58:29mobilizing international coalitions for the protection of
- 58:32wilderness, working in over 40 countrywide.
- 58:35A substantial reach and don't we all know it.
- 58:39So shout out to them, Ricardo, what's a good place for people
- 58:42to connect with you online? So I'm I'm so much I'm a bit of
- 58:48social media, but it can find me a LinkedIn Ricardo Vicentos or
- 58:52you can send me an e-mail as well.
- 58:54Our letter R at at the dreamstars dot AI.
- 58:58Thanks so much for coming on the show.
- 59:01Right. Thank you.