I’m giving up on my $1500/month SaaS
AI Summary
In this video, the speaker discusses the decision to pause development on their AI meeting recorder app, Monty, which had been generating around 1,600 in monthly recurring revenue. He explains that both he and his co-founder ran out of ideas for new features and lacked clear marketing direction. Despite numerous efforts to promote Monty through social media and video marketing, they struggled to achieve viral success. Meanwhile, they began developing a new app called Perfect Interview, which provides AI-powered job application tools and has shown healthier growth metrics. The speaker emphasizes that they will still provide support and maintenance for Monty but are focusing their energy and resources on Perfect Interview, which they believe has greater potential for future success.