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I Sold My Startup for $400K — The AI Boom Made Me Do It

  • The AI boom led a solo founder to sell their startup for less than its valuation.
  • The founder relied on SEO tactics to drive traffic and initially saw impressive growth.
  • However, chatbots like ChatGPT and Google's AI overviews disrupted the market and led to a decline in traffic and revenue.
  • The founder tried to pivot by offering AI tools but ultimately decided to sell the company for $400K.
  • The article provides important lessons for entrepreneurs, such as watching for disruption signals and diversifying traffic sources.
  • It also emphasizes the importance of timing, adaptability, and having an exit strategy.
  • Finally, the founder shares their plan to invest in an existing e-commerce business rather than starting from scratch.
  • The experience taught the founder the difficulty of building a startup from scratch, and they are now looking to take a business from 1->100.

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