Amazon fell 92% in the dot-com bust
Despite going up 6-7 times before the crash, Amazon fell 92% during the tech bubble collapse before eventually inheriting the retail world.
Snapshot · The Diary Of A CEO with Steven Bartlett
Billionaire's WARNING: I'm SELLING. The Crash Is Already Here!
Explore episode
Jun 25, 2026
Where this was said
Will AI Become The Next Financial Bubble?
At 6:05 · chapter starts 2:34
Bartlett introduces Grantham, who describes his investing philosophy: a longer time horizon, higher abstraction, and a focus on what people are missing — especially humanity's dangerous short-term optimism.
The AI Bubble Is the Biggest in American History
The AI investment bubble is the biggest in American history. Every major bubble — railroads, the internet — follows the same pattern: a genuinely great idea attracts so much money that overvaluation becomes extreme, and the bigger the idea, the bigger the bust.
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$13K MRR with $0 marketing spend
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
1 million website visitors total
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
90% of Google traffic from free tools
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Sold first SaaS for $250,000
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
$500K total revenue since launch
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
SiteGPT LTV ~$1,700–$1,800
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
50,000 monthly visitors
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT reached $10K MRR in month 1
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Stuck at $2K MRR despite downloads
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
