Napkin Math

Yasir, CEO and solo founder of Chatbase, joins Saba and Charlie on the Napkin Math podcast to break down how he bootstrapped an AI customer support platform from a PDF chatbot side project to $10M ARR in just 3 years — starting before ChatGPT even launched. He shares the real story behind going viral, hitting $1M ARR in 4 months, the chaos of early growth, why he stayed bootstrapped, and how he thinks about building durable AI "harnesses" in a world where models improve every few months.

Timestamps:
01:38 - Origin story — building before ChatGPT existed
14:04 - 0 to $1M ARR in 4 months
22:13 - Product evolution — PDF chatbot to B2B AI agent
31:05 - Why brand makes every channel easier
35:44 - What makes a great AI harness vs a mediocre one
43:48 - Moats in the AI era
52:43 - Bootstrapped vs raising — Yasir's decision
56:15 - Path to AGI through harness improvements
59:12 - Advice for new founders: operate like an agency

Creators and Guests

Host
Charlie Ward
Founder: Ramen Club, Ramen Space & Cosy
Host
Sabba Keynejad
Co-founder, VEED.IO
Producer
Abheet Nigam
Editor
Somay Awinash

What is Napkin Math?

Join Sabba Keynejad (co-founder of VEED.io) and Charlie Ward (founder of Ramen Club, Ramen Space & Cosy) as they dive deep into the world of startups, AI, and the latest tech trends. These two legends of the London indie scene bring their no-nonsense, real-world insights to help founders, builders, and indie hackers navigate the highs and lows of entrepreneurship. Expect candid conversations, actionable takeaways, and the occasional hot take on where the future of business is headed.

Whether you're bootstrapping your way to success or scaling your next big idea, Napkin Math is your go-to podcast for unfiltered discussions on what it really takes to win in the startup game.