Navigating Competition in the AI Character Market

Umar Khan didn’t plan to sell.

Bootstrapped and lean, his AI side project ChatFAI went viral: 1M users in a year and MRR jumping from $500 to $2,000 in two months. Its edge? Long-term memory that kept conversations alive.

Despite traction, Umar chose focus over scale. He listed on ⁠Acquire.com⁠, where verified buyers, clear documentation, and fast communication turned the process into a clean, stress-free exit.

In this episode, Umar shares:

• How viral growth shaped a bootstrapped exit