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Iman Bashir, craftly.ai | DigitalBits VIP Dinner


 

(upbeat music) >> Okay, welcome back everyone. This is theCube's extended hours. Things are starting to settle down. Dinner has started being served. We're here with Prince Alvarez, has an invitation for the VIP gala. Part of Monaco leaning into crypto, we're reporting on it. Not our normal set, more of an after hours vibe. We're here with Iman Bashir, found of Craftly.ai. Thanks for coming on theCube. >> Thanks for having me. >> So I love your story. You're a coder, built some code, started a company. Now you're the CEO. You hired some people to wrap around support you. Now you're running the show. What a great story. How did you get here? Give me the origination story >> Basically, for as long as I can remember, I've been an entrepreneur. My parents have stories of me being too young to babysit, but I would create a babysitting agency and have sent babysitters out or I would sell my lunches. Throughout school, I would always find some kind of entrepreneurship endeavor. And when I came out of school, I kept finding myself lacking the necessary skills to really do a startup. And so that's when I discovered coding. And I took myself through coding boot camps, and I started websites and I'm like, no, I want something more perpetual. I want to make money when I sleep. And then from there I found search engine optimization. So how to get to the top of Google. And I started working really quickly with like really big companies. And immediately I realized my full budget's spent on copywriting. And so that's when I discovered you could have that written by AI. Not going to replace you, but it's there to enhance you. And so built an AI copywriter. >> And so what does it do? >> Basically you type in a couple words. It could be anything, any use case. So product descriptions for eCommerce, blog articles for any company really, web copy, even does songs. Or your next breakup text, which we'll get to that. But it does basically anything. You type in a couple words and it generates text for you. All original and plagiarism free. >> Okay. Can you write our blog post for us? >> Yeah. >> Say, hey, we're covering the crypto-con in Monaco. >> Could even do a summary of this interview, yeah. >> Well, we get that transcribed in the cloud. We'll get that in a second. First. I love the story. Okay. So now you're the CEO. Great application. So imagine you're scraping pages. You looking at summaries, doing any extraction, looking at word combinations. What were some of the tech behind it? >> We use, we leverage a bunch of different models. We use GPT3, which was founded by Sam Altman, Elon Musk, all major players that basically allows you to pull 175 billion parameters of data. Anything before it was 2 billion. So now you're talking, I'm able to pull like basically the whole internet. And from there we added different models to provide learning and to get the best quality AI out there. There's a lot of bad quality. And so from there, we're able to take it, mix and match, and have it formulate the best things. >> So where are you now? So you're in your journey, the CEO, how many people in your staff, what's the status? >> So right now we have eight full time people and a bunch of contractors. Before I was the lead developer. But now as the company's growing, I have to take a backseat and be more in a sales role versus being the one to develop it every single day. And so right now we're hiring more developers as we go. >> So the funding options must be off the charts. Offers coming in left and right. >> So tons, but definitely we're in a different market environment than we were two months ago. So as you may have heard, crypto's down, possibly, but so we were - >> On temporary basis, not truly down. >> But in the beginning, I wanted to hold as much equity as possible by bootstrapping, proving concept, doing it. I have a lot of the background and skillset to have it there. So I hired the best people. And once we prove concept, we were prepared to raise and then the market kind of slowed us down. So right now, luckily our company is self-funded and supporting itself. >> Good. >> So we're making money. We're profitable. >> What you want to do. >> Yeah. >> As much as possible. >> Yeah. And so right now we do, we are looking for growth options, funding options. We're talking to a lot of people. That's why I'm here in Monaco. But it's a good place to not be desperate. It's a good place to not need the money, but. >> You know, I always said when I was running companies and to my team, my a friend gave me great advice. You can't go out of business when you have money in the bank. >> Yeah. >> So don't run out of money. >> Basically. Luckily our product, it's a subscription basis and it's a monthly, so we're making money immediately. >> All right. So I got to ask. What's the biggest challenge you've had and putting this because it's great, great story. You're really impressive. Great vision. You coded your own product. Now you got put the team around you. >> Yeah. >> What's been the challenge. How have you handled the grind? Cuz it's, the joy in the grind can be fun. >> Yeah. >> But then it gets complicated. Start adding people to the mix and you got to get milestones. You're self-funding. Which by the way, self-funding is the hardest part. >> Yeah. >> It is difficult. >> Yeah. >> Most people think like raising a big round is the top of the mountain. No, no, no, no. Self-funding is the A-1 player. That's an A play move, A player move right there. >> Definitely. I would say if I were to go back I would get funded a lot earlier, especially with the market conditions eight months ago. But one of the biggest struggles I would, I feel I have faced was just being a younger founder. Sometimes you're, there's imposter syndrome in your, within yourself. But otherwise, a lot of times people don't take you seriously immediately. Everyone always assumes that I'm someone's girlfriend at an event. Or I, they say that's cute when talking about your business. And so you have to deal with that. Yeah. Or one time I was at a conference and someone asked how I funded the company. And I said, I created ancillary revenue streams to be able to support it. And their response was, oh, I love it when my OnlyFans funds my business. And that, immediately, >> Oh my God, that is... That is total. >> But now I use it as fire to ignite me and kind of prove everyone wrong. But I definitely would say that the journey of falling in love with the journey and realizing that no matter how big you get, your problems only get bigger. So it's choosing the right problems to solve and realizing that every day there's going to be a fire. Just living in the moment. >> Well, you're such an inspiration to me and anyone. I'm going to share your story because what you just talked about, a lot of people, being a startup, you're eating glass, you're falling on your face. You're tripping all the time. Hopefully you don't get hurt. But when people make comments like that to you, given how smart you are, and how brilliant you are, how beautiful you are, that is just unacceptable. And I think that is just a really weird thing. Like that has to change. It's like, its so unacceptable. >> I feel like the world's heading in the right direction and it's up to people to use those setbacks to ignite them and push them forward, which I'm trying to. >> You know, I was, I read a book about trauma and how trauma defines you, right? >> Yeah. >> And trauma is little trauma, family trauma and and trauma's defined >> All perspective. >> Trauma's defined as not like, oh, something dire, like little things could be like little traumas. Oh yeah, I was offended by my brother. This happened there. So experiences define you. >> Yeah. >> And I think one of the things that you just mentioned is you've made it stronger, made you stronger. >> Yeah. >> The comments made you stronger. >> Oh, I definitely see, even everything that I've been through. And this is the same for a lot of first time founders. All my previous companies I've had the blessing of working with like an older mentor that had done it before. This was the first where I kind of was on my own. And when you do that, now, if I look back on the last year and a half, I could probably do the same thing in a week. Once you do it the first time you really do learn. >> I'll just tell you. You're brilliant, beautiful. You're very impressive. >> Thank you. >> Theresa Carlson, who used to run all Amazon's web services, business and public sector. She's a Renaissance woman. She's an amazing friend. Great power. That's she always, she always says to me, and she's like you know, my father was a basketball coach. I can handle with those men. And she would say, but she said it with proud, like leaning in like, hey, that's life. I'll take what life gives me. And I think that's a lesson we're seeing more of. Because you're seeing a lot more women in tech. I did 30 interviews in Europe, the past March 7th. Okay. In three weeks. >> Yeah. >> So a lot of stuff. Well, thanks for coming on. We got the events starting. I'll let you go. Thanks for sharing your story. >> Thanks for having me. >> Well, what's next for you? What's next? >> Next is, I'm going to I'm going to build the word processor of the future and be the future of writing. >> Okay. And thank you for coming out. >> There you go. I appreciate it. All right. This is theCube coverage here at the event. we'll be back with more after this break. (upbeat music)

Published Date : Aug 3 2022

SUMMARY :

has an invitation for the VIP gala. You hired some people to So how to get to the top of Google. and it generates text for you. our blog post for us? the crypto-con in Monaco. of this interview, yeah. I love the story. and have it formulate the best things. I have to take a backseat So the funding options So as you may have heard, crypto's down, I have a lot of the So we're making money. But it's a good place to not be desperate. and to my team, my a friend and it's a monthly, so we're So I got to ask. What's been the challenge. and you got to get milestones. Self-funding is the A-1 player. And so you have to deal with that. Oh my God, that is... So it's choosing the and how brilliant you are, I feel like the world's So experiences define you. And I think one of the And when you do that, I'll just tell you. And I think that's a lesson So a lot of stuff. and be the future of writing. here at the event.

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