"but he wanted to create a company that didn't depend on his name and could function without him. That goal turned into Atlas, a Shopify (NASDAQ: SHOP) app that helps dropshippers build AI stores in a few clicks. Ghiorghiu initially started Atlas as a minimum viable product. The product page and copy weren't the best, but he eventually focused more time on it and generated some revenue. The monthly recurring revenue snowballed to $10,000 before going up to $15,000 and $20,000 per month."
"However, as the business grew, he knew that he and his co-founder had different visions and work routines. Ghiroghiu had to decide between walking away from Atlas or buying out his co-founder. He chose the latter and gave his co-founder roughly $250,000 in exchange for full ownership. "The boats were burned," Ghiroghiu said. "It was either swim or drown. Everything was riding on this.""
Sebastian Ghiorghiu created Atlas to build an AI-powered Shopify app that lets dropshippers launch stores quickly, aiming for a company not tied to his personal name. Atlas began as a minimum viable product with imperfect product pages and copy, then gained traction as Ghiorghiu invested more time. Monthly recurring revenue grew from around $10,000 to $20,000, and later scaled dramatically. Ghiorghiu bought out his co‑founder for roughly $250,000 to secure full ownership, accepted substantial risk with no guarantees, and pushed long hours and full commitment to grow the business to high SaaS revenue.
Read at Benzinga
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