DP

Danny Postma

Things Danny Says on Podcasts

Where to Find Them

Danny Postma writes a16z Podcast . They have also been a guest on The Startup Ideas Podcast (2 times) , Indie Hackers Podcast and The Bootstrapped Founder .

Recently: “5 $1M+ AI startup ideas from an indie hacker legend” on The Startup Ideas Podcast (August 2024); “240: Danny Postma — An Indie Hacker's Business Evolution” on The Bootstrapped Founder (August 2023); “#278 – Growing a Portfolio of AI Products Past $300k After a 7-Figure Exit with Danny Postma” on Indie Hackers Podcast (May 2023); “Beyond Avatars: How AI is Reshaping Online Identity” on a16z Podcast (April 2023); “Beyond Avatars: How AI is Reshaping Online Identity” on a16z Podcast (April 2023); “AI App Ideas that make Millions with Danny Postma” on The Startup Ideas Podcast (February 2023).

What They Said

Arvid Kahl asked how much real competition Danny Postma faces from bigger players in visual AI. Postma argues that well-funded rivals raise demand that a solo founder can capture through search.

The Bootstrapped Founder · 2023-08-09 Permalink → Listen →
The Bootstrapped Founder Around 20:14 into the episode
Speaker 2

So dumb.

Speaker 1

…do you have there? And I'm not just saying indie hacker, stupid clone competition. I mean, like, actual meaningful competition from, I mean, Peter, always a competitor of yours. I know that, but you know, the much bigger pockets. Like, how much competition do you have within this field right now?

Speaker 2

I think there's so if you focus on Headshot Pro, I think there's five big competitors. Um, I see in my Edwards, uh, one VC-funded company who actually stole also all my landing page and tries to steal my marketing agency and all the things, which I think is very odd for a VC agency. So, I think there's five competitors in that sense. Provo Picture, when it came out, had like hundreds of competitors. Lensa, obviously, everyone knows Lensa, I think, was the biggest competitor. Um, I love it when I get a VC-backed, highly popular competitor because then they do marketing for me and I earn the money. Like, last week, Remini is going viral, which now does AI headshots on iOS. And my sales have been tripled since that day because everyone is Googling for AI headshots, and I'm ranking number one on AI headshots. So, I just get all the traffic and I convert them. So, perfect. Awesome. Um, the hairstyle has like one competitor, I think. No one is doing hairstyles yet. That's the one I acquired. Um, so yeah, not that much, but most all these products are basically pivots of each other. Stock AI…

Speaker 1

that's very cool. That's that's a smart move. I guess like the underlying like models might be different, but everything, the Chrome, the UI, everything you put on top of it probably is very similar. So, you're reusing your own templates. That's that's an interesting move. Um, not a surprising one…

Speaker 2

So, so it started as generative AI came out in September 2022, I think, when Stable Diffusion launched. And I just decided, yeah, the obvious point you can do is make a stock photo website. So, I built Stock AI, but equality wasn't there. People weren't willing to pay you for it. I was deadly…

Speaker 1

That's a really smart move. I like that. I'm also surprised that the stock thing got press coverage, but no sales. You would think that something like this being covered would be some kind of lead generator, but was it just a novelty that made the press interested in that? What do you think?

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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