Practical Founders Podcast

#139: Bootstrapped Founder is Getting Ready for the AI Wave at $20M ARR - Shalin Jain


Listen Later

Shalin Jain is the founder and CEO of HappyFox, a successful bootstrapped company that provides modern help desk management software for customer service, support, and IT management organizations. Shalin and his small team in India built many successful products from 2000-2010, then focused on HappyFox and moved to the US in 2011.

HappyFox is a mid-market product that sells across industries and departments with an efficient product-led growth (PLG) approach. The product has matured with successful add-on products for live chat, AI support, business intelligence, and workflows.

The company has over 2200 customers, 110 employees, and now $20 million in revenue. Shalin plans to keep growing and leverage modern AI technology to become a much bigger company based on the disciplined product culture they have created.

Quote from Shalin Jain, founder and CEO of HappyFox

“I think software and its pricing need to be deflationary, just like hardware, where memory prices, hardware prices, and server prices have all been deflationary. But we are now going through a phase where software is actually getting more and more expensive.

“With the advent of AI and automation, software will become cheaper and more usage-driven. So, the best survivors in that phase would be the efficiently run companies that have not bloated themselves by charging more today to have more employees and spend more on ads.

“I believe software needs to get cheaper because it's getting cheaper to run software every day; it's getting cheaper to outsource to AI and build stuff with the help of AI as well. So software cost should not go up; it should go down.”

Links
  • Shalin Jain on LinkedIn

  • HappyFox on LinkedIn

  • HappyFox website

The Practical Founders Podcast

Tune into the Practical Founders Podcast for weekly in-depth interviews with founders who have built valuable software companies without big funding. Subscribe to the Practical Founders Podcast using your favorite podcast app or view on our YouTube channel.

Get the weekly Practical Founders newsletter and podcast updates at practicalfounders.com.

...more
View all episodesView all episodes
Download on the App Store

Practical Founders PodcastBy Greg Head

  • 5
  • 5
  • 5
  • 5
  • 5

5

26 ratings


More shows like Practical Founders Podcast

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,266 Listeners

Startups For the Rest of Us by Rob Walling

Startups For the Rest of Us

691 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,000 Listeners

The SaaS Podcast - SaaS, Startups, Growth Hacking & Entrepreneurship by Omer Khan

The SaaS Podcast - SaaS, Startups, Growth Hacking & Entrepreneurship

180 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

508 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

209 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

172 Listeners

Founders by David Senra

Founders

1,846 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,293 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

206 Listeners

REWORK by 37signals

REWORK

208 Listeners

My First Million by Hubspot Media

My First Million

2,609 Listeners

The Logan Bartlett Show by by Redpoint Ventures

The Logan Bartlett Show

190 Listeners

Moneywise by Hampton

Moneywise

644 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

31 Listeners