Latest / AI for Founders with Ryan Estes / Ray Jang found product-market fit on a mountain top
Transcript
- 0:00Welcome back to AI for Founders. I'm Ryan Estes.
- 0:02Now let's get ready for a wild 1.
- 0:05Today we sit down with Ray Jiang, founder of Atria, a
- 0:08platform that helps brands and agencies automate their Meta and
- 0:11TikTok ad workflows. But this isn't just another ad
- 0:15tech story. Ray takes us from existential
- 0:17dread to mountain peaks, literally, where somewhere above
- 0:20the clouds on the tallest summit of Southeast Asia, he had an
- 0:24epiphany that would change everything.
- 0:26We talk about his journey from a struggling gaming startup to
- 0:29building one of the most respected ad platforms on the
- 0:32market, ranked 15th out of 132 competitors in just 18 months.
- 0:38No Co founder, three months of runway and a team willing to
- 0:41code on New Year's Eve. We get into failure, resilience,
- 0:45founder psychology, and the truth behind the startup mantra
- 0:48Accelerate or die. This is the kind of founder
- 0:51story you'll carry with you the next time you feel like giving
- 0:54up. Let's go.
- 0:55But first, some business founders.
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- 1:36OK, everyone loves to talk about vision, the pitch, the funding
- 1:40round. But you know what gets 0 love?
- 1:41The actual product build. That magical, terrifying phase
- 1:45where nothing works, the docs are out of date, and you've
- 1:48asked your dev team how's it going?
- 1:50For the 47th time today on Slack, that's where Code Story
- 1:54comes in. It's a podcast for startup
- 1:56founders who know that building The thing is the thing.
- 1:59Hosted by NOAA Labheart, Code Story goes deep with tech
- 2:02leaders who've been through it, shipping real products,
- 2:05surviving messy launches, and figuring out what actually
- 2:08works. And when you're on the edge of
- 2:10chaos, if you're building now or ever plan to, you'll want these
- 2:14stories in your ear. Balls.
- 2:16Search code story wherever you get your podcasts.
- 2:19Or visit codestory.co. Because founders talk vision,
- 2:23but builders, Builders tell code stories.
- 2:25AAI Live tonight. Shining stars.
- 2:32Computer life. AAI.
- 2:36Take the flight in the globe with Neon Brian.
- 2:45Do you have a nickname? Some that I don't want the world
- 2:54to know. Nice.
- 2:58Yeah. You know, but yeah, I, I mainly
- 3:02just go by Ray, you know, I have, I've gone by like JJ, you
- 3:09know, like, yeah, I'm just RJ, yeah.
- 3:12I love it. Yeah.
- 3:13I I meant you because I I grew up with a Ray, but he was always
- 3:16Ray. Ray or Little Ray?
- 3:18No, no, no, Ray Ray. Ray Ray is one of my high school
- 3:21friends used to like tease me. It's.
- 3:23Like, oh, Ray, Ray, Ray, Ray, you got you got to be Ray, Ray.
- 3:27Nice. Welcome to the show, Ray.
- 3:29I appreciate you being here. Yeah, thanks for having me.
- 3:31It's a big. Yeah, really excited about this
- 3:34conversation. I did a bunch of research on
- 3:36you. You've had a story career
- 3:38already. You have an incredible product.
- 3:40Start us with kind of an introduction to your, your, your
- 3:43product, what you do and and describe it like I was five
- 3:47years old. Yeah, imagine I was speaking to
- 3:50a five year, well, five year, not even a fifth grader.
- 3:53It's a yeah, it's a Atria. We make it super simple for
- 3:59brands and agencies to automate their Meta and TikTok ad
- 4:05workflows. And the outcome that we provide
- 4:08is that by plugging in your ad accounts to our platform, we
- 4:13give you insights to know how to go and create winning ads.
- 4:18And we do it. We're doing that more end to
- 4:20end, day by day. So we already do that for your
- 4:23image ads and soon we're doing that for your video ads as well.
- 4:27Amazing. And you've come a long way,
- 4:29really, really fast. You launched in 2022, is that
- 4:31correct? No.
- 4:33So the company started in 2022 where we originally were a
- 4:38gaming company, a gaming platform, and we weren't growing
- 4:42fast enough as a company. So two years into it.
- 4:45So we decided to do a hard pivot.
- 4:48So Atria itself as a platform is about a year, year and a half
- 4:53old. The the company history has been
- 4:56maybe around 334 years, but Atria, the platform itself has
- 4:59just been around for a year and a half.
- 5:01Unbelievable. And you've made incredible
- 5:03strides in that time. Traction, for whatever this is
- 5:06worth, has you ranked as the 15th in a pool of competitors of
- 5:10132 in 18 months. Now I want to talk about this
- 5:14pivot one kind of what what was the intention going into Atria?
- 5:19What did you want to do? When did you know you needed to
- 5:21make a switch and how did you do it?
- 5:24Yeah. So, you know, I think just just
- 5:26for a bit of quick context, I used to work at TikTok.
- 5:29I was a senior product manager there, and I really just love my
- 5:34job there. I was just like being at the
- 5:36forefront of how innovation works.
- 5:39And you know, I thought there was something very romantic
- 5:42about leaving TikTok to go follow my passions, right.
- 5:46And I think I made the classic first time entrepreneur mistake
- 5:50where it's like, Hey, I love I loved sports growing up.
- 5:53You know, I'm going to build something related to sports or I
- 5:56love music, you know, I'm going to do something related.
- 5:58So I did that with games. I was a big gamer growing up.
- 6:02You know, I really, it was like I played a lot of strategy game
- 6:06and you know, I really learned like team like developments and
- 6:10working with others. And Long story short, we were
- 6:14growing that gaming platform, a solution in search of a problem.
- 6:19And so I, I had this kind of aha moment where it was, it was
- 6:23clear the future was looking bleak.
- 6:25The runway was coming down and the existential dread got me to
- 6:30wake up at like 5:00 AM in the morning with my heart pounding,
- 6:34being like, what's going to be the future?
- 6:38And I had this like epiphany while climbing a mountain where,
- 6:42you know, my family, like, you know, I called my parents.
- 6:43I was like, look, I'm we're deeply struggling here.
- 6:46I like, just don't know what I'm going to do.
- 6:48You know, I'm growing white hair.
- 6:49I'm too young for this. Like what's going on?
- 6:51And I remember climbing, I don't know where exactly in the
- 6:55journey of that, you know, the hike.
- 6:57So I was hiking up Mount Kinabalu.
- 6:59Somewhere in that journey, it clicked where I was like, hey,
- 7:02we're not growing fast enough as a company.
- 7:04Why not build the growth machine that will help us never have to
- 7:09experience this level of pain? So I went from solution in like,
- 7:13so like a kind of a kiddish kind of like mind to search for a
- 7:18solution, right? And then it, it turned it out
- 7:22really being like pain driven, right?
- 7:24I had this deep pain where I was like, Hey, I, I woke up and
- 7:28wanted to be an entrepreneur. But actually the real problem
- 7:31that I had was not less less so my product, but my go to market.
- 7:35So the core insight there was what if you know the you know,
- 7:39it looked like at this point, Shopify had solved the the
- 7:44offline to online problem, but no one had truly solved.
- 7:48Once I'm online, once I have a product, how do I get my voice
- 7:51and message out there? So that's what that's really the
- 7:54vision behind Atrius, to enable brands and agencies and you
- 7:58know, entrepreneurs like myself to be able to put my advertising
- 8:02and my voice out there, my story essentially in a effortless and
- 8:08in a effective way as possible. Such an incredible story.
- 8:12It's very cinematic. So I mean, you literally had a
- 8:16mountaintop experience. Do you think that the the
- 8:18Mountain influenced that decision in some way?
- 8:21Yeah. So I think there's something
- 8:22about being in very like elevated environments where
- 8:26first of all, like something being in nature just inspires
- 8:29you and just realize how many of your day-to-day Proms are not
- 8:35real, right? So, you know, I think it's, I
- 8:39think the the in in the creative act, I think letting go.
- 8:43I almost even was at a point where I was really willing to
- 8:45let go of like, you know, like I think the key thing I'm, what I
- 8:49realized in that mountain is that I was so tied and like my
- 8:54grip was so strong on making my past idea work no matter what,
- 9:01completely blind and saying this must, I must force my will into
- 9:05the world to make this happen. Where as well, because the, the,
- 9:09the climb up was so challenging. I had process just letting go,
- 9:13shaving off like, you know, the the ego, right?
- 9:16And then in that process, I was also letting go that that idea
- 9:20had to be a part of my identity. And.
- 9:23Then I just got realization. Yeah, yeah, that's a really hard
- 9:27thing in the beginning. Is that like if the idea feels
- 9:29it's like I'm a failure, it you take it really to heart and that
- 9:33feeling becomes very heavy, you know, and it sounds like you
- 9:36really experienced that a lot, you know, and it's very, very
- 9:40common is. And I love the way you said it,
- 9:42like, you know, creating a a solution and trying to find a
- 9:45problem. A lot of folks do that.
- 9:47A lot of folks will spend years and lots of money, you know,
- 9:51buried their head in the sand, not looking for a customer
- 9:54because I think for most people, you know, it's this creative
- 9:58process of like nurturing this thing and trying to grow it up.
- 10:01Now, you did raise some money. It looks like in the beginning
- 10:04you raised just shy of 1,000,000 bucks, right?
- 10:07We raised that 2.1 yeah 2. .1 My mistake.
- 10:10So 2.1 so you have people looking over your shoulder, they
- 10:14definitely have a problem. They're like, Ray, what's going
- 10:16on with with our cash? Now describe this moment.
- 10:20So you're, you're you're walking up the mountain.
- 10:23It's starting to peel away. I love that description.
- 10:26And then you have this idea like, Hey, I need to, I got to
- 10:29go to market. I need to solve my own problems.
- 10:31Because it's almost an empathetic position of like, if
- 10:34I'm feeling this all, everybody's feeling this.
- 10:37So what? What once that idea kind of
- 10:39permeates what? How did that feel?
- 10:42Yeah. So I think once that's a moment
- 10:47landed, I, I ran down the market at the mountain.
- 10:52Yeah, it really, it really had like a when when a moment like
- 10:56that happens, it's just it, it, it really, it's almost like
- 11:00sometimes the truth is staring you right in in front of your
- 11:03face and you just can't. And so like there's something
- 11:06beautiful about going out to the mountain and going beyond the
- 11:09clouds and seeing really the bigger picture.
- 11:11And that's kind of what happened.
- 11:12I was able to shift to your point from me being the failure
- 11:17to the idea being the failure so I can detach.
- 11:20Yeah. Between that two and really be
- 11:23able to let it go. So once I let it go and I
- 11:26realized this new direction I like once I shared it with the
- 11:31team, because you got to, you got to realize, you know, my
- 11:33team was also struggling with me throughout this journey.
- 11:38And for me, what was so compelling, and I think the
- 11:40reason why I was able to push through even through the darkest
- 11:43days is that we had this period where we had worked towards this
- 11:47idea for two, two years. And it, it towards that.
- 11:52There was this three month period where we didn't know what
- 11:54we're going to do next. That's why I, I, I kind of had
- 11:56this like last hurrah being like, Hey, let me go hike this
- 12:00challenging mountain to figure out what's next, right.
- 12:03And when I came back and I told the team, Hey, this is going to
- 12:06be our new direction, it just clicked for everyone, like
- 12:09everyone just like, hey, this makes sense.
- 12:11It's, it's worth, it's worth failing for in the pursuit of
- 12:14because this is, this is something that we all felt.
- 12:18And like you mentioned, we, we empathize with the problem first
- 12:21hand. So we were in this like we had
- 12:24about 3 months of runway left at that point.
- 12:26And at that point it was kind of like a do or die.
- 12:29What kind of moment? And I think that existential
- 12:31dread really got us to work together.
- 12:34So we worked from October to Jan, a January beta launch.
- 12:39No one like it was it. Like I still remember in
- 12:42Christmas, everyone was still working and this was like
- 12:45optional. And then, you know, and then
- 12:48even towards the day of the new year, right, like that very last
- 12:51day, folks were still coding like I was when I was like the
- 12:55repository, people were like shipping.
- 12:58And I think that like, you know, it's, it's less that I was the
- 13:01inspirational leader. I think I was more inspired by
- 13:04my team, right? That that was really like, it's,
- 13:07it's, it's interesting. My team saved me.
- 13:10My team saved me to to help me give enough faith to go into the
- 13:14next act. Incredible.
- 13:16What's the name of this mountain?
- 13:18It's called Mount Kinabalu. I believe it's the tallest
- 13:21mountain in Southeast Asia. Yeah.
- 13:23Unbelievable. I need to go to that mountain.
- 13:25I feel like I'll come, you know, with the 10 commandments or
- 13:27something. Yeah, you, you, you will
- 13:31experience things because like, you know, in that track, not
- 13:35it's like a 1 1/2 day like a track.
- 13:37So you don't do it in like, you know, 6 a couple of hours and
- 13:41like they wake you up at like 2:00 or 3:00 AM in the morning
- 13:44to go see the sunrise, right? And so it's like very cinematic
- 13:50like there. And it's just like so tired.
- 13:52And you know, the other thing of what happened on that on the way
- 13:56up is my dad's 60 plus, right? So, and, and he, he had hit
- 14:01elevation sickness like more than like halfway towards the
- 14:05top and he's vomiting the night before that go and see the
- 14:09sunrise. But he mustered the strength to
- 14:13go and be like, I'm not going to give up.
- 14:17That was such an eye opener. Like that was the the moment
- 14:20that I needed in that moment. I almost feel like it was like a
- 14:25spiritual intervention to be like, my dad is vomiting at 60
- 14:30and he's not giving up. How my able young body give up
- 14:34at this moment, right? So that I was, there was so many
- 14:38forces at play to give me that that that push to get us to the
- 14:41next chapter. It's incredible and it's it's
- 14:45just you on top of the mountain right There's you don't have a
- 14:48Co founder. Yeah, so I've never, you know,
- 14:52I've always had the desire for a Co founder, never found that
- 14:56person. So, you know, I've, I'm very
- 14:58much opposed to this idea that, hey, in order to get to an
- 15:02accelerator, I need to go find a Co founder.
- 15:05Right, Right. Like I think I, I, I like to
- 15:08invert from like what what is the most likely reasons why
- 15:12we're going to fail? And it seems like the top three
- 15:14are you run out of money, right? You don't find part of market
- 15:18fit and you have a Co founder conflict, right.
- 15:21And I think I really wanted to eliminate all these reasons that
- 15:26we could potentially die, right. So the third one has been
- 15:29eliminated. Like, yeah, I'm, I'm the only
- 15:31founder in this chain. Which is is great, but also it's
- 15:36lonely, you know, I mean, Gino Wickman talks about the the best
- 15:39Co founder relationships is you have a visionary and you have an
- 15:42integrator. Do you feel like you're you wear
- 15:45both hats? So I, I think I've been
- 15:47extremely fortunate in this journey where that every key
- 15:52juncture I had a integrator. Yeah.
- 15:56It went when I was in my game, in in the gaming journey.
- 16:00I had someone I would consider my right hand, right, who really
- 16:04integrated was able to distill the vision into more of the
- 16:07day-to-day. And I'm I'm experiencing this
- 16:11also with this next act. So we we I've been fortunate
- 16:14enough and I think the key advantage to not having a Co
- 16:19founder is you're able to build an early team of mini Co
- 16:23founders such that what ended up happening is that every So the
- 16:29four that I decided to build the core team around all act as
- 16:34partners in the company where I call them as Hey, you're my
- 16:37partner, You're not my you're not my my employee or, you know,
- 16:41I always say, hey, as a colleague or as a partner.
- 16:43What do you think about this? Right.
- 16:45So I mean, they don't. Yeah.
- 16:46So it's like in that sense, like we've we've reduced the key man
- 16:51risk that you get from Co founder leaving, but at the same
- 16:55time we've been more anti fragile as a result of being
- 16:58able to allocate more of their shares to a Co founding team.
- 17:02Right. Yeah, yeah.
- 17:04Amazing, So your breakneck pace working on a three month runway.
- 17:10How did you get your first customer?
- 17:13Yeah, so at that point, I, I, so once the the idea clicked, guess
- 17:18what I did I, I went online and I was like, oh, like, how do I
- 17:23figure this out? Like how do I actually go and
- 17:25speak to the customers to figure out if this is really a thing?
- 17:29So interestingly enough, at that very that that very moment, I
- 17:33was about 24 hour ways from the short talk conference happening
- 17:38in Barcelona. So I had I I very it's like, you
- 17:42know, it's very like last minute.
- 17:44I'm like, hey, hey team, I'm going to Barcelona tomorrow.
- 17:48Like once he's like I'm gone. So I just booked a one way
- 17:52ticket to Barcelona. I arrive, I remember landing
- 17:56there, going around the booths asked me everyone and I'm an
- 18:01entrepreneur. I'm thinking about doing this
- 18:03new thing these are and getting a sea of rejections and nose,
- 18:08obviously, because they're there to build relationships with
- 18:11vendors, not some random, you know, Asian guy walking up to
- 18:14them and just doing that. And then interestingly enough,
- 18:18right after that, there was the growth and lead conference in
- 18:21New York. So I was like, hey, team, I'm
- 18:24not coming back to Singapore, I'm going to New York.
- 18:27So I go to New York and I also like, you know, like, so every
- 18:31day it was like, I would have to like, you know, it's like in, in
- 18:34that like the pursuit of happiness kind of film.
- 18:36Like you, you show up, you look very dandy.
- 18:38You're like energetic. But like once you, when once
- 18:41you're like open the door and go back home, I'll be like
- 18:43completely exhausted. I would be falling asleep at
- 18:47like 6:00 PM because I was like so drained from like, like
- 18:51trying to figure out what is the like, you know, what is the
- 18:53demand for this? So we, I had I, you know, I did
- 18:57a lot of that and, you know, so, and then I also did a lot of
- 19:03cold outreach on like 10. Yeah.
- 19:05Way we found our first customer was we, we said, hey, look in
- 19:09return of us building the software and you Co partnering
- 19:12with us, we will give you this offer for free for the first
- 19:16year. And so they were so the the and,
- 19:21and interestingly enough, the moment we launched because we
- 19:23were so we were so closely tied to the feedback of the people we
- 19:29were speaking with in the first week.
- 19:32Revenue just came in like we didn't have to struggle for
- 19:35revenue and that's when I knew we're on to something.
- 19:39Yeah. You know, so it is the the
- 19:41person who actually uses the tool.
- 19:43Are we talking about a marketing director?
- 19:45Are we talking about a creative director like who ends up like
- 19:48actually using the tool? So it, you know, marketing is a,
- 19:54the, you know, there many, there are many titles in marketing and
- 19:58you know, marketing is, is a complex department.
- 20:01There's a lot of people. There's the brand marketers,
- 20:04there's the performance marketers.
- 20:06So the folks that we really addressed are mainly three
- 20:10types. There is the performance
- 20:13marketer, right? So typically they own
- 20:16performance channels like Meta, Google, TikTok, right?
- 20:21And then there are, you said they're called performance or
- 20:24growth marketers. Then we have the folks that are
- 20:26called media buyers, the people who are, you know, making, you
- 20:29know, deciding the, you know, how much to spend right in, in
- 20:33the, in these channels, they tend to be more data centric,
- 20:36more technical, right? There's this new role called
- 20:40creative strategist, right? So effectively, because now all
- 20:43the creative is the biggest lever in terms of your
- 20:46performance. So there are folks now who will
- 20:49extrapolate the insights for and take the data, understand the
- 20:53data and then generate great creatives out of it.
- 20:57And so there this this new like kind of movement that is
- 21:01happening called the creative strategist.
- 21:03I'm so sympathetic to these folks.
- 21:06Jobs, you know, creative strategist, performance
- 21:09marketers, you know it. What they have is an
- 21:13unbelievable task in front of them, which is they're expected
- 21:16to know every platform, know all the tools, make the best
- 21:20decisions, and then demonstrate hockey stick growth, You know,
- 21:25early on, Like, what kind of feedback were you getting from
- 21:28these folks? Did they have a hesitancy to say
- 21:30like, oh, another platform, another dashboard?
- 21:33I have to learn like what was important to them early on.
- 21:36I think for, for them, they, it's, it's, it's exactly because
- 21:41they have to, to be able to show performance so quickly.
- 21:46They just really wanted to use a platform with great user
- 21:50interface to be able to connect the dots quickly to, to know
- 21:54what to do next, right. So that was, there was that one
- 21:58piece. And then the second piece was
- 22:00because the market is moving so quickly and they're all these
- 22:04trends are hard to really it's it's hard for you to catch every
- 22:09trend early on. You know, a lot of people wanted
- 22:12capabilities to spy on what their competitors were doing.
- 22:16Yeah. So it was, it was like to be
- 22:18able to solve for both needs in a really user centric approach
- 22:24in terms of our design and in terms of our speed and
- 22:27capabilities that really gain the trust of of these marketers
- 22:33very quickly. And so once we've, we've proved
- 22:36that, hey, when we launched the first act that it was already so
- 22:40much better in terms of the user experience compared to the tool
- 22:44that they were using, the word of mouth started spreading very
- 22:47quickly. Believable.
- 22:49So early on you have design partners that are helping you
- 22:52kind of set expectations and kind of desire what they want in
- 22:56the app. You, you have revenue from day
- 23:00one and you just start to build now.
- 23:01I love this quote you had on your LinkedIn.
- 23:03It, it said the, your, your startup mantra is accelerate or
- 23:08die. So when you're thinking, when
- 23:12you're thinking about acceleration like what is
- 23:15demonstrating acceleration for you performance wise?
- 23:21You you mean as a as a company or in the shoes of a customer?
- 23:25You know, either obviously the revenue going up is, is what
- 23:29we're all here for, but what are some of the other kind of like
- 23:33performance indicators that you know, you're like, OK, we are
- 23:36accelerating because we want to escape death.
- 23:39What? What are the ones that you keep
- 23:41an eye on on like a daily basis? You know, I, I think that like
- 23:46for, for, for me, it's like the inputs are everything at a start
- 23:52up. Like how you determine your
- 23:54inputs will ultimately determine how, how your outputs can
- 24:00actually truly accelerate. If your inputs are wrong, it
- 24:03doesn't matter how quick, how quickly you ship, you're just
- 24:06going to go towards the wrong direction, right?
- 24:09So I think I think less about speed as a, as a founder,
- 24:15interesting enough, I think it's sometimes more important to go
- 24:18very slowly to have clarity in terms of where you want to go,
- 24:24right? So that when you do put in the
- 24:26the building blocks, those, those blocks that are stacked
- 24:30together naturally help to build this compound growth or
- 24:35acceleration that I was alluding to.
- 24:38So I think for example, since Atria, we've never had an
- 24:43employee attrition, right? So we've never had someone leave
- 24:46the company in that sense. Every, every sort of knowledge
- 24:50sharing inside the company accelerates because everyone is
- 24:54so in tune with, with, with a lot of the sort of sharing that
- 24:59I have in terms of vision and, and how to implement it because
- 25:02that those learnings compound in terms of the revenue side.
- 25:06Yeah, every sort of big sort of meaningful release that we do in
- 25:10the in the company has helped to accelerate our revenue.
- 25:15But it, it, it often means that we don't get it right on the
- 25:18first act, right. I won't usually do at least I
- 25:22know I've come to terms with knowing that.
- 25:24Hey, we will usually not get it right on the first go, but by
- 25:27the 3rd or 4th instance, we'll probably get there, right.
- 25:31And so as I think we think about everything in terms of
- 25:34flywheels, right, If we have an initiative, what is the flywheel
- 25:38here such that the more that we do this, there is a cumulative
- 25:42advantage that we built, right? And whether that it's in, in
- 25:44terms of the team, in terms of the product, in terms of the
- 25:47marketing, yeah. Amazing.
- 25:51So accelerate or die now do you feel safe now?
- 25:57Do you feel like we've? Got some I think startups.
- 26:05Startups are defaulted. There is no reason why your
- 26:09startup needs to exist. Yeah.
- 26:11No one wakes up the next morning and says, hey Ray, I need your
- 26:16startup, right? Most of our marketers will be
- 26:19able to go about their lives without atrium.
- 26:22That that is the truth. So start-ups are default dead.
- 26:26Yeah. And every day they they need to
- 26:30ship faster in terms of they need to provide more value than
- 26:34the money that they like are burning or you know, some some
- 26:37sort of equation such that they are inching more and more
- 26:42towards a need that is so entrenched right that is so
- 26:46important that they become less and less replaceable.
- 26:50And so I think if you asked, if you already even asked me this
- 26:55five years later and in a beautiful world where Etria is
- 26:58thriving, I would still give you the same answer.
- 27:01Because starves are that fragile right there.
- 27:05They are. They're fragile by nature.
- 27:08And so I think there was, I, I, I lit by the truth that, hey,
- 27:11startups are dead by default. You got to accelerate or die.
- 27:15And the only thing that you can control is your shipping
- 27:18velocity. And so that's what we really
- 27:21dedicate ourselves to is to ensure that the inputs are
- 27:23right. And once we have clarity in
- 27:25terms of what needs to be shipped, we ship it as fast as
- 27:28possible. Yeah, Personal question for you.
- 27:31I've never felt safe. I'm kind of interested in this
- 27:34word and I think that's probably been kind of like a good
- 27:40inoculation to working in start-ups, taking big risks
- 27:43because if you never had a, a feeling of safety, then like
- 27:46you're like, yeah, well, I mean this, this insecurity is my
- 27:49playground anyway. How about you?
- 27:51Have you ever felt safe? I think I'm, I'm just looking up
- 27:59this quote. Yeah.
- 28:00So I think like, there's this beautiful line that more
- 28:03start-ups have died from indigestion than starvation.
- 28:09What does that mean for you? Meaning like in, in, in, in the
- 28:13sort of DC funded world, more companies have suffered from
- 28:18feeling too safe with too much funding, with their bellies
- 28:22bloated thinking, Hey, you know, we've, we've made it.
- 28:25You know, we're we can really rest on our laurels.
- 28:28Then companies like in a position like ours where we feel
- 28:32paranoid, like, you know, the great bug, the only the paranoid
- 28:34survive that paranoia. Paranoia gets you to
- 28:39crystallizing what really matters, right?
- 28:42And so I've, I've there, there have been blips in times during
- 28:48this journey where momentarily I felt, hey, things are going
- 28:52really well. But anytime that happens I
- 28:56almost feel even more unsafe. I know to stuff it down.
- 29:01Yeah, yeah. It's like I'm almost like this.
- 29:04It's too good to be true. Something bad is about to come.
- 29:09So in that way, I've entranced in my, in my mind, yeah, I'm
- 29:13embedded in my mind that hey, like we always need to want like
- 29:18a like a operate from a standpoint that we might die
- 29:23tomorrow. Yeah, 100%.
- 29:26And it sounds like that's a real driver for you.
- 29:28And you're using a lot of other kind of techniques to help
- 29:31balance that out. Because living in paranoia and
- 29:34anxiety and insecurity is it can be exhausting, especially as a
- 29:38founder and especially as a solo founder because you really rely
- 29:41on your creativity aside from, you know, climbing mountains.
- 29:45What do you do to kind of ballast those kind of extremes?
- 29:49I mean, first of all, I think I, I am, yeah.
- 29:53I, I, you know, I think even though I might not feel like I'm
- 29:56coming from a point, a place of safety, I, I'm not led by
- 30:01paranoia, I'm led by curiosity. Yeah, I'm, you know, I see the
- 30:06world from a very curious lens. So, you know, I think as a, as a
- 30:10founder, you know, they, they, they say it's like waking up and
- 30:13being punched like 10 times in the face, but still deciding to
- 30:17go and do it right. And I think the only way you
- 30:21don't burn out from that is to always have a curious mind, to
- 30:24always look things from an open, curious standpoint.
- 30:27And I think in that sense, I find the journey so fulfilling,
- 30:33even though, even though I, you know, I think I am not in my
- 30:37comfort zone because I am, I think, and I think that's like
- 30:41part of the DNA or in the blood of entrepreneurs.
- 30:44It's like, I think, I think people associate safe and
- 30:48comfort with good or positive. But I actually, you know, I
- 30:52think I found that most of the time the best things that
- 30:56happened in my life have been on the other side of pain or the
- 31:00other side of a going out of my comfort zone.
- 31:03So I think in that sense, I take it with less weight.
- 31:08You know, I think I try and I almost try and see all of these
- 31:11moments in a more neutral or learning kind of mindset rather
- 31:17than trying to give it like valence of good or bad, right?
- 31:21Is is, you know, I think, I think in that sense that helps
- 31:24me, you know, be able to fry even when things get tough.
- 31:29Yeah, this episode is brought to you by Moberst, the AI first
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- 32:45defining together. Amazing.
- 32:51I know you're multilingual. You're bouncing all over planet
- 32:54Earth. How was kind of like
- 32:57multiculturalism and just integrating all these different
- 33:01places been impactful in the business?
- 33:04Yeah. So, you know, my family is
- 33:06Korean and then, so I grew up, I, I was born in Seoul in Korea.
- 33:12And then I grew up in Hong Kong, so South of China.
- 33:16And, and then roughly when I was 1718, I was in France for about
- 33:222-2 years, right? So I was doing a double degree
- 33:25program. So I was in France.
- 33:26So I, you know, was mostly surrounded by French people.
- 33:30And then I went to New York to finish the rest of my undergrad.
- 33:34And then I was in the valley. And then shortly after I lived
- 33:38in Singapore as well, right? So I've kind of been all over
- 33:41the world. And I also went to a
- 33:45international high school. In my final two years, I was in
- 33:49a school of about 250 students, so like a junior and senior
- 33:56year, right? And in that 250 body, we had
- 34:00about 100 nationalities. Wow.
- 34:04So you can imagine in my door, I had someone from Finland, from
- 34:09Canada, from the UK, and right across the hall I had someone
- 34:13from Ghana, from like Swaziland, from Denmark.
- 34:17It was such AII had since a very young age.
- 34:21I've always been exposed to different cultures.
- 34:25So for me, difference or I know I've always invited difference,
- 34:31right? So and that that in in many ways
- 34:34has helped our company culture. You know, I think 11 interesting
- 34:39feedback that I got recently from from one of our colleagues
- 34:44is, you know, she was saying, hey, you know, you're such an
- 34:47interesting boss because in the past, I would only work with
- 34:53folks who only wanted to share their own opinion as being true.
- 34:58And if you did challenge it, you might be able to get away with
- 35:01it once or twice, but sometimes it would become political.
- 35:05But you're all kind of more you're interesting in the sense
- 35:07is not only do you are you open to the challenges?
- 35:11You almost invited you, you're you're you you dare me, you're
- 35:15not you be like you provoke me to kind of get get it out right
- 35:19so that I can also like so that I so Ray Ray can hear the other
- 35:23side. And in that sense, I've always
- 35:24found that, you know, sometimes there, there are two ideas that
- 35:29feel seemingly opposite and both can be true, right.
- 35:33And so I think in that sense, like, you know, in in my most
- 35:37recent travels, like while building Atria, I was in 21
- 35:40countries, right? Wow.
- 35:43And, you know, I was at Jordan and one point, you know, in in
- 35:46the Middle East, I was in South Africa for a friend's wedding.
- 35:49I was in Croatia, Berlin, and nothing in, in that.
- 35:53I was able to see that, hey, like they're all these like
- 35:56paradigms that people are living in that are very different from
- 36:00mine, but are all like sound and valid in their own ways, right?
- 36:04And so, so I think that's, that's how like I really felt
- 36:08like, OK, you know, you know, as as a company in terms of our
- 36:12culture, right, And in terms of the way we produce and innovate,
- 36:16we need to be able to have as many of these collision of
- 36:18ideas. Love it.
- 36:20Do you? Do you feel like a nomad?
- 36:23Do you feel like a Singaporean? Do you feel like a New Yorker?
- 36:27Like do you have like a a region that you call home?
- 36:31I'm a global citizen of the Internet, truly, man.
- 36:35Yeah, the the Internet is what binds, you know, like, yeah, I
- 36:39feel like I've always felt like a little bit of an outsider in
- 36:42Korea. I'm not Korean enough in Hong
- 36:44Kong, I'm Hong enough in America, I'm not American enough
- 36:48where I was obviously not Singaporean.
- 36:50So like it, it was such a it's this bit.
- 36:53It's, you know, I've always had this like outsider lens.
- 36:56So I didn't, it's, it's really helped in that entrepreneur
- 36:59journey. I don't really have imposter
- 37:01syndrome, right? Because I've always had to be in
- 37:05new environments, right? By being in new environments all
- 37:09the time. You're habituated to ask that
- 37:12very stupid question, right? That you, you think you might be
- 37:15judged for. And I found that, hey, in the
- 37:17journey, most people just don't really care, right?
- 37:19As long as you you ask it in a nice and yeah, kind way.
- 37:23It's cool you like the startup Anthony Bourdain.
- 37:30Yeah, yeah. I mean, yeah, I love Bourdain.
- 37:33Yeah, he's he's he's a character.
- 37:34Yeah. I mean, like, yes, for example,
- 37:36one of my favorite episodes of Bourdain was when he was in
- 37:40Beirut, Lebanon. And I think too, right, For
- 37:43example. And yeah, yeah, yeah, he's
- 37:46great. Do you have tips of kind of
- 37:48acclimating yourself to new country?
- 37:52I, I, it's, I found that so like one thing I often always do when
- 38:06I go to a new country is I'll check out like the local sauna,
- 38:11for example. Yeah, for me, that's how I kind
- 38:13of get to see like what where the locals go right cool.
- 38:18And then I think the other thing as well is I kind of revolve my
- 38:25travels now or entering a new country, less around sightseeing
- 38:31in terms of like here, the top ten place to go, but around
- 38:34neighborhoods. So in, in, in, you know, really
- 38:38getting to know a neighborhood, right?
- 38:40And slowly seeping in the the environment we get to see, Hey,
- 38:45where, where are all the like older people going to eat,
- 38:49right? That's probably the place that
- 38:51is like not up on Google Maps, but it's probably authentic,
- 38:55right? And I think in that way, I
- 38:58think, and, and what I love is I always try and start
- 39:02conversations with the waiters and the restaurant owners.
- 39:06I find that that's they they often have the secret keys to,
- 39:10you know, really giving you the lens of like, what are the cool
- 39:15spots? Because they're being customers
- 39:17all the time. Yeah.
- 39:19All right, you ready for the lightning round?
- 39:21Yeah. OK, first up, why is the TikTok
- 39:25algorithm so awesome? Well, that they know you better
- 39:31than your your parents do, that's what.
- 39:35Truly, does the world look better in rose colored glasses?
- 39:41Yes, because all your red flags look like flags.
- 39:49That's so funny, you're a major influencer on LinkedIn.
- 39:54How? Like what is founder LED
- 39:56marketing or personal branding? Like?
- 39:58Mean for you or done for you? No, I mean, I mean, I'm, I'm a
- 40:02small shop. I'm a small, you know, fish in a
- 40:04big pond. And I think it's opened up a lot
- 40:09of conversations with folks I never expected I could build a
- 40:16relationship with. Cool.
- 40:19If you had to build a company that did $1,000,000 in revenue
- 40:22in 12 months, what company would you build right now?
- 40:26I would help build a an analytics tool to see how brands
- 40:35would appear on GPT. Analytics tool to see how brands
- 40:41appear on GPT. How, how I, how yeah, how brands
- 40:44as customers are appearing in terms the GBT results.
- 40:50Are you seeing a big uptick in Atria referrals from the LLMS?
- 40:56More and more I think what's interesting is I will hop on
- 41:00demo calls with very big companies like public companies.
- 41:06How do you do about Atria? And it's usually the bigger in
- 41:10scale, the more they're likely to have come from GBT.
- 41:13I know the, the power and influence of GPT is fascinating,
- 41:18right, because I don't know if you've ever talked to somebody
- 41:20else's GPT, it's totally different.
- 41:22So like it changes to to match what you like.
- 41:26So like the referral from those are is just a, a goldmine.
- 41:29I mean, it's incredible. I mean.
- 41:32I I I I've fallen in love with GBT.
- 41:38I know put put back Scarlett Johansson's voice on it and you
- 41:41know, I, I'm like. I know I I I can see that GPT
- 41:455's coming in August and I might be I'll probably like toggle
- 41:49back to four O every now and again.
- 41:50Just be like, hey, how are you doing?
- 41:52Yeah, yeah, cool. You sell Atria for a billion
- 41:56dollars today. What are you doing Monday
- 41:58morning? Whoa, sell Atria for a billion
- 42:05dollars? What do I do on Monday morning?
- 42:09I don't know. I'll probably, I'll probably go.
- 42:13I'm already probably thinking about my next idea.
- 42:15Yeah, got to go back to that mountain.
- 42:20Actually, yeah, Speaking of which, I would, I think the
- 42:24first thing I would do is go, yeah, Ike High challenging
- 42:29mountain. I think I want to go to
- 42:31Dolomites next in northern Italy, yeah.
- 42:35Love it, so cool. If you were entering college as
- 42:39a freshman, what would you study right now?
- 42:43I would study. Anything that will help me
- 42:46really understand systems right, like a systems thinking.
- 42:50So whether it's like a very interdisciplinary major, like in
- 42:55at Stanford, they have something called symbolic systems, right?
- 42:58Where there's enough entry into computer science, but also helps
- 43:03you learn about like the nature of thinking about things.
- 43:06I think because the world is moving so quickly, I think it's
- 43:11less about being a great coder or being someone technical, but
- 43:15being the person with the greatest ideas.
- 43:17Right, it's system. System studies.
- 43:20Would, would you think, bring you the best ideas?
- 43:23Why is that? No.
- 43:24No, so like at Stanford, they have this interdisciplinary
- 43:29major called symbolic systems, where it's a bit, a bit of a
- 43:33economics, it's a bit of computer science, a bit of
- 43:36psychology, human computer interaction, where it really
- 43:39makes you like a more well-rounded in terms of the way
- 43:43you see things right and solve problems.
- 43:46But I think because most, most colleges don't have that, I, you
- 43:49know, I think as a, as an alternative, I would probably
- 43:53study, yeah, computer science. I think knowing how AI works,
- 43:57right, that in terms of the fundamental level is going to be
- 44:00a very important skill set. 100% cool.
- 44:03Is there ACEO or entrepreneur you admire or closely follow?
- 44:10Yeah, so there there there is this I I recently listened to an
- 44:15episode from the podcast Acquired right.
- 44:19And I really, really admire Judith Faulkner.
- 44:23Like she's so she built Epic Systems.
- 44:26So Epic Systems, I think besides one instance has never lost a
- 44:33customer. Wow.
- 44:35And you know, they, they, they're, they're, they've been
- 44:37around forever. Right.
- 44:39So that to me really thinks, you know, it shows to me a, a, a a
- 44:44founder who really has a customer first approach in terms
- 44:51of the way she's built her platform and that she's clearly
- 44:57never taken shortcuts in order to really build a valuable
- 45:02system that builds A cumulative advantages for the customer as
- 45:08well. Yeah.
- 45:08Amazing GPT. Make sure you link that in the
- 45:11show notes because I love acquired podcast.
- 45:13It's like I got 6 hours to invest in this business.
- 45:17Let's go. Yeah.
- 45:18Great. And.
- 45:20And, yeah. And and, you know, they're doing
- 45:22so well and they haven't gone public because they don't need
- 45:25to. They've been so profitable.
- 45:26Yeah. Cool everywhere you've been.
- 45:30If you could live in any place in any historical era, where and
- 45:34when would that be? Anything but now and or the
- 45:37future. Oh you know it's funny I asked
- 45:40this to GPT recently. Nice.
- 45:43If we asked this question and they and like I said, based on
- 45:46everything you know about me, where would you place me?
- 45:49And that I would probably do well in Berlin in the like the
- 45:57Waymar period in Berlin. I don't know how I feel about
- 46:01that. So it's like in the like early
- 46:03nine, 1900s, I thought, well, that's kind of, you know, well.
- 46:08I seem a little contentious, yeah.
- 46:10Exactly. But you know, tell me about like
- 46:13there was this like booming kind of like subculture of like
- 46:17artists that were very experimental, very expressive
- 46:20that, you know, that could like really try things and, you know,
- 46:23there's a sense of feeling alive.
- 46:25I think if I could choose, I would have loved to be alive.
- 46:32What what during the lot like in 1990 four 1994 like a be like a
- 46:3830 year old in 1994 when when the tech boom was about to
- 46:42happen. Yeah, totally.
- 46:44I love those conversations with the guys that have seen the
- 46:47whole thing. Had a great podcast interview
- 46:50with a gentleman that, you know, he started his career in Silicon
- 46:54Valley in like the mid 80s and still going, you know, And so we
- 46:57talked about that of like watching, you know, the birth of
- 47:00compute, personal computing to the Internet, to the iPhone, to
- 47:04cloud computing, to what we have AI now.
- 47:07And I asked him, I was like, you know, what's the most exciting,
- 47:09you know, era of that whole journey?
- 47:11And he's like right now. Yeah, yeah.
- 47:14And that's the thing. I, I, I used to feel like I
- 47:17missed out on the greatest, like invention of our time, like, you
- 47:23know, like in the Internet. But you know, I feel like I'm
- 47:26just in in the right place at the right time. 100% man, I
- 47:29really feel that too. You know, Berlin around there,
- 47:32I'm sure there's, it wasn't all uniforms and marching, you know,
- 47:36there was like absinthe stuff there was probably cool.
- 47:40That's the crowd there they were speaking about.
- 47:42It's not, you know, the, the, the uniform folks.
- 47:46It was the the the underground like artist.
- 47:50Culture. Yeah, that's so funny.
- 47:52You get that response and you're like, excuse me, tell me more,
- 47:55GP. And you're like, what are you
- 47:57talking about? Yeah, right on, Ray.
- 48:00It's been an amazing conversation.
- 48:02What's the best place for people to connect with you online?
- 48:05Yeah. So I, I, you know, I think
- 48:07really, I want listeners to know that you might hit a wall where
- 48:16it might, you know, give you a sense that you, you might want
- 48:20to give up, but keep pushing through.
- 48:22I think, I think one thing to really learn from, from, from my
- 48:27story is that on the other side of that pain was all these like
- 48:33these like blessings and and like events that truly blossomed
- 48:38where the, the pain was, was just the, the, the breadcrumb to
- 48:42lead you to better, better fields.
- 48:44And so I think I do share tidbits of those stories on my
- 48:49LinkedIn, right? So you can follow me there.
- 48:53But otherwise, yeah, if, if you are thinking about growing your
- 48:56brand in this AI first era, then, you know, go to try
- 49:01atria.com. TRY atria.com to yeah, check out
- 49:06our, our, our platform and we have a 7 day free trial. 100%
- 49:10fantastic. Ray.
- 49:12Are we going to do the YouTube segment?
- 49:16No, not, not, not this moment. Yeah, yeah.
- 49:18Come back to it. OK, So if you're listening, know
- 49:21that we'll come back with some tips that Ray's got for for
- 49:23founders and we'll put that on YouTube.
- 49:25But otherwise, listeners, thanks for joining us.
- 49:28Ray. This has been awesome.
- 49:28Thank you so much. Yeah.
- 49:30Thanks, Ryan. It was fun.
- 49:33Hey founders, let me ask you this.
- 49:35Are you building with AI or getting left behind by it?
- 49:39If you're serious about scaling smarter, faster and bolder, you
- 49:43need to check out AI for founders.co.
- 49:47It's your go to resource for cutting through the noise and
- 49:50actually using AI to grow your startup.
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