Snapshot · The Prof G Pod with Scott Galloway
Following the Dragon Boat Festival holiday, the Shanghai Composite closed up 1.78% and the Shenzhen Component hit its highest level in 11 years.
Where this was said
At 2:55 · chapter starts 2:03
Alice Han and James Kynge open China Decode with the week's agenda: AI restrictions in Hong Kong, Lululemon's cultural misstep, and World Cup fever without a Chinese team. Before diving in, Alice delivers a market snapshot: Chinese equities surged after the Dragon Boat Festival holiday, with the Shanghai Composite up 1.78% and the Shenzhen Component up 2.13% — its highest level in 11 years. The People's Bank of China held rates steady. Notable gainers included Bank of China (+2.8%), semiconductor equipment firm Nara Technology (+3.3%), and electric battery maker CATL (+4.4%).
The Shenzhen Component index finished up 2.13% after the Dragon Boat Festival holiday, marking its highest point in 11 years.
JPMorgan Chase has barred its Hong Kong employees from accessing Anthropic's AI models, following a similar move by Goldman Sachs. What looks like a compliance decision is actually a geopolitical statement: Hong Kong is no longer treated as a separate jurisdiction by U.S. firms.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
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