Sold a Company at 16, Raised $3M at 19 | Dhravya Shah, Supermemory

11 Jun 2026 · 1 h 13 min · 22 chapters

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In short

Dhravya Shah’s journey from building open-source “Any Context” as a college student to founding Supermemory, then evolving it into a B2B “context cloud” infrastructure for AI agents. He explains why he avoided premature fundraising, how he iterated through pivots (consumer app → router → SDK → memory → retrieval+memory → file systems → context cloud), and why enterprises buy for “control and ownership.” He also announces Supermemory Local, a fully self-hostable/local binary.

Guest backgrounds

Dhravya Shah is a solo founder and former Cloudflare engineer/early builder. He previously built companies in India (social media automation tool; Discord bot hosting platform) that were acquired. He became known for open-source context infrastructure (“Any Context”) and later for Supermemory. The other speaker is the podcast host (not identified in the transcript).

Key claims

Co-founder conflict can kill companies; solo founding works when conviction is extreme. Fundraising should wait until the inflection point; money shouldn’t change the problem-solving approach. Memory benchmarking is often gamed; use multiple evals and deterministic setups (he cites MemoryBench).

Notable examples

“Any Context” open-sourced while still a college student; architecture diagram hit 500k views; 100k users tried it; he helped startups in SF/NY for free. Router launch got ~500k impressions but was buried; consumer app was shut down.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

The Journey of Solo Founding

0:45 to 4:00

Dhravya discusses the advantages and challenges of being a solo founder.

“All of these solo companies are literally representations of the founder as a company.”

Inception of SuperMemory

4:00 to 7:30

Dhravya shares how his journey began and the creation of SuperMemory.

“I would go into offices and I would help them do that.”

The Evolution of Any Context

7:30 to 11:40

Exploring how Any Context started as a side project and gained traction.

“while you were in school at Cloudflare with Dane?”

Fundraising Insights

11:40 to 14:00

Dhravya reflects on the challenges and strategies of fundraising as a solo founder.

“And so Dane gave me this, like Dane is the CTO of Cloudflare.”

Evaluating Startup Opportunities

14:00 to 14:40

Learn how to assess the right timing and motivation for starting a company.

“Like, and I think that that probably happens to some people who are doing interesting things in public.”

The Evolution of Super Memory

14:40 to 17:40

Discover the journey from initial consumer app to a B2B infrastructure.

“and since from starting off summer 2024 to summer 2025, I might have gotten on like hundreds of calls and I did not realize I'm wasting my time back then.”

Transition to B2B Offerings

20:05 to 24:10

Explore the developments and challenges faced while pivoting to B2B solutions.

“It was a good idea, but I realized that no one wants a router on top of the routers they're already using.”

Philosophy of Open Sourcing

24:10 to 28:00

Understand the vision behind open sourcing Super Memory and future implications.

“but we think that it will show you the power of super memory and it'll be a very useful tool for us to show people how powerful the cloud is and then that'll be one more way to use us.”

Evolving Philosophy in Business

28:00 to 29:15

Explore the importance of not getting overly attached to initial success and ideas in business.

“to continue to push forward with new things and kind of either throw things out or move beyond them.”

Building a Dream Team

29:15 to 32:26

Learn about the dynamics of hiring and finding the right team for your venture.

“So the story is actually very interesting, right?”
Show all 22 chapters

Fundraising Insights

32:26 to 36:29

Understand the experience of fundraising and how to shape your narrative effectively.

“In fact, in some ways, they need to bring on teammates earlier than co-founded companies because when you have co-founders, that's your initial team, right?”

Navigating College and Entrepreneurship

36:29 to 42:06

Discuss the balance between college life and starting a company, including visa challenges.

“Claude was starting to becoming big back then.”

Navigating the AI Memory Landscape

42:06 to 48:09

Learn about the complexities and challenges in the AI memory space, and the importance of proper benchmarking.

“So maybe talk about some people at SFP, talk about some of your investors.”

The Philosophy of Memory Systems

48:10 to 52:35

Discover the philosophy behind giving developers autonomy in creating customizable memory systems.

“it feels very much like a lot of the systems that are there are effectively hard-coded, and there's very little sort of ability for the teams that are evaluating using these systems to actually do anything on their own.”

The Journey of a Solo Founder

52:36 to 56:00

Explore Dhravya's experiences as a solo founder, the challenges faced, and insights gained from the Solo Founders Program.

“And even before this, um, for like various different things I was doing and there was always either lack of compatibility.”

The Value of Being Around Solo Founders

56:00 to 59:36

Learn about the importance of community and connection among solo founders.

“And even just being in San Francisco, I think there's a lot of value, but maybe share a little bit about kind of what being around other solo founders and SFP has been like.”

Lessons from Fellow Entrepreneurs

59:36 to 1:02:08

Discover valuable insights gained from interactions with other entrepreneurs.

“Which is, by the way, why our company also did not work out because I was not perfect at it.”

The Role of Strategic Investors

1:02:08 to 1:04:54

Understand how strategic investors can positively influence a startup.

“And he went and he built that, and it's doing extraordinarily well because of that.”

Building Connections in Silicon Valley

1:04:54 to 1:07:18

Learn how to network and build connections as an outsider in Silicon Valley.

“That's what I imagined them to be, but it's all people in jackets and shorts helping me out.”

Challenges and Advantages of Solo Founding

1:07:18 to 1:10:00

Examine the bear case and benefits of being a solo founder in the startup world.

“Yeah, it has happened to me a lot of times, actually.”

The Case for Solo Founding

1:10:00 to 1:11:35

Discover the benefits of being a solo founder and the importance of personal conviction.

“You're not actually doing all the things that I was like, man, you're right.”

Reflections on the Conversation

1:11:35 to 1:11:57

A personal reflection on the discussion and insights shared during the episode.

Hear the part that matters, and keep it.Open this episode in VO. Double tap your headphones to save a moment as you listen.
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Transcript

Automatic transcript. May contain errors.

0:00Dhravya Shah:I don't want to wake up every day and argue with someone about, okay, this is what we should do next. My first two companies actually died because of a co-founder breakup, where one of the co-founders went rogue because of money or power or whatever, and we had to sell the business off minutes before they destroyed everything. When I talk to enterprises, all they need is sense of control and sense of ownership. The benefit of super memory is the fact that it's an infrastructure horizontal product, because then I can give them maximum sense of ownership and sense of control, where they truly own the data, they truly can control it.

0:31Dhravya Shah:It's a journey where no one is there to keep you accountable for these things. If you just don't do it, there's no one coming and holding you about it. What's the case for solo founding? Being a solo founder is the best way to build something that's true to yourself. That only happens when you have extreme conviction about what you're building. All of these solo companies are literally representations of the founder as a company. Your story is one of not necessarily rushing into building a company, but following sort of this thread in this interest area of yours to something that eventually became a company.

1:05So why don't we start there? How did SuperMemory become a company?

1:07Dhravya Shah:I used to read a lot of these startup books and essentially all of them would say, okay, you should have a vision of the world of what it will be in the future and then you kind of build something to make it true. When I was at Cloudflare and like a little before I was at Cloudflare, open source models started becoming a big thing back then. And there was only one function calling model, which was the Nose Hermes model. And I was literally put in a position to work only with the small models because we were doing inference for open source models at the time at Cloudflare. And I had this side project for collecting all personal context because I essentially knew that personal context will become a very important thing in the future, where everyone will have their own AI agent, just like everyone has their own mobile phones.

2:05Dhravya Shah:And in that world, the most important thing will be context about you. And originally they started off, okay, like, the way to collect context is bookmarks, notes, things you save, things you look at on the internet. And then I kind of expanded more and tried to do more and more with Apple shortcuts and stuff like that and this was all as a side project to collect all context about me and then provide a way for agents to look at it and reason through it and then help me help understand me and help me think about things better then as i would work on this more and more and i open sourced it and i think the first two weeks of open sourcing this uh project that i was working on it was called any context at the time it absolutely blew up um i had this read which essentially said okay this is the architecture diagram of any context.

2:54Dhravya Shah:Now we got like 500 ,000 views. It was just an image. And what was interesting is I was still a college student back then, was just excited about this industry that no one else seems to be excited about. And I had 100 ,000 people trying out my app in different ways. And I had no money. I was actually negative bank balance, like quite literally I was borrowing money from my friends to just survive and it made sense for me to kind of optimize the architecture and keep it free while providing the best you know personal context agent out there so that became any context then I optimized everything I made another tweet saying something like okay my entire infrastructure for a hundred thousand users can run on five dollars per month, here's how.

3:46Dhravya Shah:That went viral so I became kind of like a micro-influencer in the field of context infrastructure. I was going and helping out startups build this out for free. So someone flew me to New York, someone flew me to SF, and I would come to all these places, I would go into offices and I would help them do that. And that was kind of like the inception of it. And it started to make more and more sense that infrastructure for agents, especially for agent context will be as important as inference for agents. So yeah. So it's a really interesting sort of story. And we'll talk more about kind of what that actually how you kind of went from that part, we'll put a bookmark there to like where you are today, which is crazy as well.

4:28But it's just when you when you hear that, you don't hear somebody saying I was trying to figure out an idea to turn into a startup that I could raise money for. And I think it's really important because obviously great companies can come from somebody who's actively trying to figure out a great company to start. I'm not saying that that's impossible, but at the same time, it feels like that's sort of the default assumption is that people say, I want to start a venture-backed company and I want to go and build a venture-backed company. And my suspicion is that at the very early days of any context, if you had said, for whatever reason, I want to start a venture-backed company, maybe you would have just come up with some other random idea, before coming up with any context.

5:10So can you share a little bit more about kind of what was happening in your world at the time? I guess you were at ASU at this point. That's right. There are some great people who have come out of it and done really interesting things, but at least in terms of most people's points of view, they're not thinking about that's like the place where startups get started, really. So can you share a little bit more about what your environment was like at this point while you were working on any context or even right before that?

5:38Dhravya Shah:Yeah, I was working on like a lot of different random projects because I had like a lot of you know things that excited me in technology and I was also kind of lost so I was just like doing whatever I could and When I launched the first version of any context a bunch of people Even at ASU were disregarding it as though dude like okay, what are you doing? There's a note digging up like it's fine And at the time it was, so they were right. But I was never around a lot of people that were in the startup ecosystem, in the startup world. And I still remember when the first version was blowing up on GitHub.

6:21Dhravya Shah:Like in two or three days it got like thousands of charts. So a bunch of VCs were reaching out to me and I was taking these meetings and they were like, okay, are you raising money? And I'm like, bro, like this makes no sense to me. You're telling me I can raise$2 million right now. I don't think that is the case. And that was never even a question or a goal for me. The goal was to build this version of the world that I think must be true. So that's my background. I knew very few startup founders and no one would tell me about Fundraise. Actually, I came to know about it when you told me about it.

7:05Dhravya Shah:So yeah, I was completely out of touch with all of that. So maybe just a little bit more of the backstory here. You get to ASU, and how do you actually get there? And then you somehow get involved with Cloudflare. What's the story of getting from India, your hometown, to getting to ASU, and then somehow getting a job working at least part-time while you were in school at Cloudflare with Dane? Like that's a very unusual thing to have happen. Yeah. I think I just got lucky in most of the parts. But when I was in India, I was building two companies. One was a social media automation tool of some sort.

7:48And one was a Discord bot hosting platform, which is actually very cool because I was in infrastructure.

7:52Dhravya Shah:It was kind of like sandboxes in that era. It was exciting work. Both of them got acquired and that kind of opened the doors to come into the US for me. I came to the US as kind of a lost student. I did not quite know what I would be doing. In fact, I didn't even tell any of my peers that I had code. I was, you know, completely normal and people found out through Twitter and stuff like that, but people did not know that I'm doing anything. And I would just sit in the library, work on things that excite me. And I built a bunch of things in pretty much every market you can imagine. I built something in consumer.

8:35Dhravya Shah:I built a database that went pretty viral. I built a meme platform to make and edit memes. Pretty much everything you can imagine. All the standard ideas. I built a note-taking app like Notion. All of that stuff. And I was just like, okay. I was launching these things. and none of these were startup ideas. You know, I never approached them as startup ideas. I just approached them as something cool that I made. It was fun. It's play. Yeah, because I think it was kind of my way of doing art. You know how people make paintings. So I would just make like something that excites me, even if it's shit, even if it's like just a drawing.

9:14Dhravya Shah:But I would just put it out there and everything was open source as well. And I would never put anything under a paywall. And a bunch of people took interest. and people were like, okay, this guy is building and is really excited about what he's doing. And I kind of built an audience doing that, which really helped me when I launched something that I was really excited about, which was any context. And I made this tweet saying like, you know, here's the code for something that probably is worth a million dollars or something like that. And that was the first tweet about Super Memory. And everyone was like, you know, cheering me on.

9:51Dhravya Shah:And then half the people were like, no, this is not. But that only happened because I was doing so many random things for fun. And even this was for fun. So people were excited about me as a builder. That created a lot of value in anything I say. Because people really think of me as someone who's just in for the love of the game. What's your like advice for people, you know, who are maybe kind of feeling this push or this pull towards trying to like jump straight to the startup? You know, it's like, I think there are probably a lot of people who are maybe in the position that you were in when you just got to, you know, college.

10:32But they're feeling this pull. Maybe it's their environment. Maybe it's what they see on X. Maybe it's sort of this like whole wave with AI feeling like things are just moving so quickly. they feel this pull towards like I should try and figure out something that's like making lots of money or that's raising a bunch of money and like you know doing some sort of high status thing with VCs um what's your advice to them because like you did something very different and I don't see that many people do it I think it's a shame that people don't do it because I think that ultimately as you're saying like you're creating your art and then ultimately through that maybe you come up with the actual thing that becomes your longer-term work.

11:15But what's your advice to them if they're sort of going through this?

11:19Dhravya Shah:So my first summer at Cloudflare, when I was interning there, I remember a VC reached out to me, and they were like, we are starting a residency program. If you can fly out here tomorrow, we'll give you X amount of money and a place to live and all of these things. And I remember I asked Dane what I should do. And so Dane gave me this, like Dane is the CTO of Cloudflare. I was really close with him. I was working directly with him because one of these projects led to me joining Cloudflare at some point. And he essentially said, you should either raise from tier one or bootstrap, or essentially you should make something that makes so much sense that you don't even have to ask this question.

12:08Dhravya Shah:And so, you know, like I think that when, especially as a solo founder, when you're building something that makes complete sense, there's no lack of capital in the world to make it big. But to get to that initial inflection point, that is the hard work. And if you raise before that inflection point, it will actually get you in more trouble because you'll have to figure it out. And you also not know who to raise from. so I would just say the best way to you know think about whether you should go with the VC route or not is will money actually change the way I approach solving this problem or could I do more things with it or am I doing it for the wrong reasons do I have the distribution do I have the technical stuff needed to do it um which I thought like when I was raising I was in a very good position in all of these if I did not raise it would have been fine um so yeah that's how I think about it it's it's interesting too because um in in a way I think that those are the exact right questions to be asking and sometimes I feel like people are not even caring about those things the reason they're thinking about raising or hoping to raise is because they feel like that will give them some level of validation versus what you're saying, which is the fundraise is sort of, it doesn't even matter if you fundraise because you already have all of these things.

13:40The fundraise is sort of a result of all of these other things. And I think that sometimes people almost hope that the fundraise solves all of the other things when it's sort of the opposite is true. I'd be really curious to hear a little bit more about kind of, you know, you've got a bunch of people reaching out to you at various points of the journey. Like, and I think that that probably happens to some people who are doing interesting things in public. VCs, it's kind of their job to be kind of like homing missiles to try and figure out like where they can put money. But that also kind of like pushes people maybe to start companies for the wrong reason or at the wrong time so i'm curious you know what dane said at that point when you sort of had that one offer and sort of how you kind of considered when it actually made sense to really build a company because i think that that would be helpful for other people to hear because they might experience similar things

14:38Dhravya Shah:yeah so the first offer i got from any vc was in 2024 it was a starting of summer 2024 and since from starting off summer 2024 to summer 2025, I might have gotten on like hundreds of calls and I did not realize I'm wasting my time back then. I was just like, okay, I want to show them what I'm doing because I had heard all of these cool names like A16Z and like all of these amazing names and I wanted them to see the exciting work that is going on here I think everyone I would just get on call and I was like no I'm not raising and for an entire 9 months I essentially said no to everyone until I was at a point where I kind of had crystallized exactly what super memory will be and what steps I can take to get there because back then I was actually doing a consumer app and if I would raise for that I would actually be in a messed up situation right now because the VCs I was raised from would be for consumer.

15:49Dhravya Shah:It would be hard to pivot. It's hard to change a ship that's a big ship. So it's actually good that I was small and said so many no's. And when I had a crystallized viewer, I just raised from the best angels and VCs that were perfect for my company and what I was doing. And maybe you could share a little bit more actually about that because there's this really cool journey of going from all of these sort of passion projects, interesting sort of things that you just put out there just to see what would happen and because you were interested in making them through to any context, through to what eventually became Super Memory.

16:30and then super memory even was started as this sort of consumer sort of you know almost like a personal knowledge management personal knowledge graft type product to then you realized oh wait like this is actually maybe something that i should be building more from the infrastructure side of things how did you make that decision and maybe talk more about how you actually made that decision in conjunction with deciding you were going all in on building a business because i I think that oftentimes people stop with like, they take the first thing and they just stop there and they're like, that's the thing, but they don't do that necessary sort of like evolution of it to where you are now, which I think is, as you were saying, a much better place to be.

17:12Maybe if you could take people through that so that they could maybe learn to look for that themselves.

17:17Dhravya Shah:Yeah. I think there's like a very beautiful way in which nature evolves. You know how like flowers grow and they go through different phases and whatever. when I started out with super memory I was very confident about the fact that this could be big and I remember when uh you know like when perplexity would launch something or google would launch something I would be like okay super memory is actually better in this this this way so I should be much bigger but then I realized that it's very hard to compete because it's not just about product, it's about distribution, it's about positioning and I was just like one guy doing this.

17:57Dhravya Shah:I was kind of delusional for the first three four months because I was like getting some attention from it and you know things were going good and there's like the inventor's dilemma. You know you things are going well why not why change it at all. Then one day I kind of realized that sure things are going on well here, but again, like what is this version of the world in which super memory becomes a default way to do things? And I could not really figure out what that would be. Like, you know, why would someone not use Notion as their personal context or something like that, right? And I could not figure out how I could be uniquely positioned in my own skills, in my product, in my positioning to do this.

18:47Dhravya Shah:And I could only figure out after, you know, like kind of doing small iterations and big iterations, like the entire journey from the entire pivot has also been in very small iterations actually. And I would say we're going through one more pivot right now from just doing memory to context cloud in general. So I think like this evolution is super important at all times and getting away from the inventor's dilemma is the way to win. I think there's like the Vercel CTO quote, which is iteration velocity is the answer to all problems in your life. So yeah. If you're enjoying this conversation, then perhaps you're starting your own company.

19:30And if so, you should apply for the Solo Founders program. I've spent the last seven years working with startups and founders who are figuring things out. And I'll tell you that the ones that make the most progress are the ones who make sure that they have relationships that can help them go the distance. The Solo Founders Program is about bringing 10 solo founders together so that they can build solo together versus building solo alone. I'll work with you, we'll invest$100 ,000 and we'll make sure that you make the most progress that you possibly can in three months. If that sounds interesting, you should learn more and apply it at solofounders.com

20:03Dhravya Shah:slash program. Maybe you could walk through kind of like post decision to be a B2B, focused company maybe you can walk through kind of what's happened since and sort of and and like to where we are today with like the big announcement yeah um you know I think that like the first thing that you announced on the b2b side of things if I remember correctly coincide with the the move-in day for SFP yes that's right um so so what was happening on that day and uh and what's happened Yeah, so the day I moved into SFP, I launched a router that automatically edits your requests going out to LLMs to be more personalized and have more context about the user that the LLM is talking to.

20:49Dhravya Shah:It was a good idea, but I realized that no one wants a router on top of the routers they're already using. And it makes no sense for, you know, most companies to buy in because they would have to send their API keys through me. And I'm not a trusted player yet. So then I had to, you know, kind of do some research, like real research to prove the value of this router. And I did publish the research and stuff like that. went really well. But the output from that research was the fact that, okay, you know, people want better context and context management, but people don't want to do it in this format.

21:31Dhravya Shah:So then I made like an SDK for people to use. And the SDK back then was very simple. It was kind of just retrieval. And you would just put in document, search document, something like that, right? And I realized that, okay, people do retrieval, but why would someone use me for retrieval, not the thousand other people who do retrieval. So I kind of introduced this new way of doing things with the model context, but the actual technology was nothing interesting. It was just something that anyone can do. Then we moved more to the memory stuff, and we were only doing memory for a while, which is forming it into a graph, and then the graph evolves, and then we provide that context to the model in some way.

22:19Dhravya Shah:When we only did memory, people had a bunch of problems around cost, around quality, around the things that they could do to make it perfect for their use case. And so I had to put in pretty much all configurations they would need to do into the system to make this work for them. And slowly, I brought back the retrieval. So it was retrieval and memory, and then people started talking about file systems being the way to do it and a lot of people come in with their own opinions about okay here's how I really need to do it I don't know what technology to build it on but we already had a file system thing so we introduced file systems we introduced a bunch of other products that people typically do like for extremely personal agents there's profiles and stuff like that and we kind of had to be this horizontalized you know non-opinionated stack which then later we now call the context cloud and we got here one by one by perfecting each product along the way now that we have the context cloud people love it you know my entire calendar is filled with people you know trying to use it and stuff like that but when I talk to enterprises all they need is sense of control and sense of ownership because they want to not only own the data but they wanted to make it governed and exactly for them and stuff like that.

23:47Dhravya Shah:And in order to get to that level of control, they need to try it out because we know that SuperMemory provides that control but they need to make sure that they can run a POC, they can run some tests that make it perfect for them. So now tomorrow we are launching a self-hostable version of SuperMemory which anyone can use to run the entire stack locally. and it's kind of like we hate money but we think that it will show you the power of super memory and it'll be a very useful tool for us to show people how powerful the cloud is and then that'll be one more way to use us. Now you said tomorrow, but God willing, we're putting this podcast live tomorrow.

24:34So if you're listening to this now, it's happening today. Again, we're hoping to turn this thing around and get this out so that people who are listening to this are listening to it right as this launch happens.

24:47Dhravya Shah:We don't like making money.

24:54Dhravya Shah:Today, we are announcing the most requested feature in Super Memory history, something that everyone has been asking for for so long, we had to do it. You can now run Super Memory completely locally. The cool part about it is that it includes everything. An embedding model, a graph database, a vector database, all the things you need for context, the stuff we run on real super memory cloud, is now run locally. All you need to do to run it is npx super memory local. No setup required. And as soon as you do that, it will open up instructions for using it as an API or through Claude code, openclaw, whatever you use.

25:35Dhravya Shah:Wait, I forgot to mention the best part. You can run it everywhere on any operating system, Linux, on your Mac mini, Windows, Railway, Hedsner, anywhere your agents run, Super Memory Local can run. So yeah, Super Memory Local is here. It's fully yours, no API key, nothing. I'm excited to see what you build with it.

26:04maybe you can share a little bit more about the philosophy around open sourcing the binary and then we can talk a little bit more about sort of the learnings today and how and how that could be something that other people could apply to when they're going through and building their startup

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26:19Dhravya Shah:Yeah, so when you like, you know, in my version of the world in the future, my basic point is inference will be run everywhere, locally, on device, it will be on people's own premises, it will be on thousands of inference providers, on the model labs, inference, everywhere. And the data either has to be on a third party system, the context itself needs to be on third party or the first party. So we got the third party covered, right? Like, super memory is the system that can hold a context that works with every model and can be used in different ways for any use case. But the first party, we did not get tried before, which now we will, because you can't just run super memory locally with your local models.

27:05Dhravya Shah:And, you know, you own the entire stack end-to-end. And, yeah, like, that's, you know, if models can be run locally, why can memory not be run locally as well? completely self-contained. So that's the philosophy of the binary. And it also helps us have an easy ramp into the enterprises because now the way to use and own your own data is to just run a command in your CLI. And then you can reach out to us when you want to run it at scale. So yeah, that's kind of the thing that we are going for. It's really exciting. I think that one thing that's really notable about you and Super Memory is both the speed at which you iterate, and it feels like you're constantly launching, which it doesn't just feel like it, you are constantly launching, but also your willingness and openness to continue to push forward with new things and kind of either throw things out or move beyond them.

28:08Because I remember the day you moved into SFP when you made this announcement and launched this version, it got an absurd amount of interest and traction. And I think a lot of people would actually take that and they would say, okay, that's validation. We're good. We're locked in on this. And you were always, and continue to be, pushing forward to figure out what is the thing that's right for now? Because ultimately what we built then was good for them, but we want to keep moving forward. We want to move the industry forward. You know, we should talk about evals at some point and sort of the system that you've come up with there.

28:47But ultimately, you don't feel very married to the present. You're always pushing to the future. I'm curious sort of if you have any reflections on that, like the philosophy there, because it seems like very right. But at the same time, it seems to be a thing that a lot of people tend to struggle with, especially when they get the validation of all the likes and all yeah because i think you got millions of impressions on that on that post when you moved in sfp like and i and and i think everybody was kind of and it was also in the middle of your fundraise um so can you share a little bit more about sort of the philosophy there and sort of how you don't end up getting sort of like maybe uh overly overly married to things because you get that sort of external validation Yeah.

29:34Dhravya Shah:So the story is actually very interesting, right? I was in the middle of my fundraise, pivoting to B2B at the same time. And in my fundraise deck, there were literally a slide which was like, we kind of do B2C still, but we also do B2B. And that day, we launched the router, which got 500k impressions, lots of organic views, everything organic in one day. and millions later um and i still remember i actually thought this is it like this is the way to do things etc and again like i never thought that i need to do anything more to make this successful but sometimes you have to realize like step back and realize that okay this thing that I'm doing is not received the same way I'm imagining it.

30:28Dhravya Shah:So we still have users for the router. We could not discontinue it, but it's completely buried. People don't know how they can use it. We also had to shut down the original version of the consumer app, and we had to kind of get to a better, build a new vision of the world of what the consumer app should look like, should be which is a completely background context engine instead of like having a lot of things on the you have to do on the app itself the important part to realize here is not just the numbers it's the vibes which is if I feel like this is blowing up right now and this is not the future I'll just end it but also if I feel like something is the future which is people will be using file systems I will be building it even if it doesn't get as much of an initial pop yeah exactly so right now for example very few people use our SuperMEMI file system but we think that it is you know an ideal version of where context will be and yeah it's again it's kind of a philosophy based approach yeah like there's also a story you know there was IBM that was absolutely blowing up in the world, it was the greatest company in the world and they had the inventor's dilemma of like, okay, we build custom machines for each enterprise in the world why should we do anything else, right?

31:58Dhravya Shah:We are perfect. And then the next person who led IBM, the son of the founder, he was like, no, no, this makes no sense. We should kill everything. He killed the company for two years. He built the IBM 360 which then became the next big thing that made IBM the best company in the world again. I think it might be interesting to talk a little bit about team at this point because you've got a great team. And solo founders are not solo forever. In fact, in some ways, they need to bring on teammates earlier than co-founded companies because when you have co-founders, that's your initial team, right?

32:38So what was it like sort of bringing on the first people? What was the dynamic of that? What are things that you did right? What are things that you did wrong with hiring?

32:47Dhravya Shah:I think my philosophy has always been bring true builders, even if non-technical, they should be truly, you know, invested in the craft of the way things are done, fun to work with, and someone with extremely high autonomy. And people like that are quite easy to find in the open source community because they are true builders because they're doing things for free. That's where I found some of my earlier employees. Like there's Mahesh, there's Sri Ansh. All of them essentially just started contributing. We also hired two more that was just contributing to our open source work. And I think that's like a great magnet for people.

33:37Dhravya Shah:And how I think about, you know, building a team is also, when they do come in, you should give them all the tools necessary for them to be kind of the lead and they should feel like this is something that they also own. I have a lot of team members right now. You know, I've done a lot of things, right? Like I have some amazing employees. Some of the things I did not do right before was sometimes you would give all the resources to someone and and you would not kind of realize that they are not doing the right work, or they are not being nice, or not fun to work with. And in that case, you need to get rid of them as soon as possible, because that brings the entire team dynamic down.

34:23Dhravya Shah:And I did do that as well. I think in the course of SuperMemory, there have been 30 people who have worked with us. And now we are a team of seven core members. So yeah, it's been interesting. And pretty much all the seven of them have been here for a year. So it's incredible. Yeah. When you were fundraising, what was that experience like once you decided that you were going to fundraise? Because I think I remember, if I recall correctly, we were talking after ODF. You know, we were getting ready to launch the first cohort of SFP. And you and I were sort of riffing on sort of like the fundraising narrative.

35:05But I think that like at that point you were still on, I think you just said earlier about this, like you had a slide for talking about sort of the B2C, but like a large part of the narrative was starting to shift into. And then we realized like a lot of people actually wanted this sort of stuff that we're building that allowed us to do the B2C stuff. They actually wanted it for their own applications. but can you share a little bit more about kind of what the actual fundraise was like in terms of sort of what you learned throughout that and then also kind of what you learned about sort of how to tell a story?

35:39Dhravya Shah:I got really lucky in my fundraise as well, to be honest, because I was very online. And I think that's actually one of my superpowers, that I am very honest and true in my online self. and that led to a few people back in the day like you know some really good angels to be connected with me and my journey and what I was building so I had a few messages like when you're raising let me know I'll be happy to put in money that was actually very helpful because it gave me a validation but I never replied to those messages I was like I'm not raising right now but I love that you said that. And when I did start racing, like the point when I decided to do it was like, first of all, the entire world kind of started changing.

36:32Dhravya Shah:Claude was starting to becoming big back then. At the same time, it was kind of obvious that chat GPT is not the only big way to use AI. So from a consumer angle, that was amazing, right? Like, oh, now there's two major or three major ways to do it. And the thing that triggered it was I was in Vegas. And one of the VCs was so excited that I actually flew to Vegas. And I mean, I met them at a conference. And I also had an A16Z meeting at the same exact time online. and both of them went incredibly well but not well in terms of okay we will invest in you but in the in well in terms of this is so obviously the future this is the way it should be and I my my thinking is crystallized into my narrative the way I'm gonna do it and I think Julian helped me a lot with that because when I was in college I kind of was doing whatever made sense at the moment and never thought of of it as a company but when I got into SFP it started makes making sense that this will be a company and the story around it so yeah I think there's also this um this aspect of like you're in college and like and you know some people are very anti-college and they're like, oh, drop out or don't even go, right?

38:04But I don't think you're anti-college or I think you had a good experience from all we've talked about with ASU. You have lots of friends there. So you're not an anti-college person. So for you, dropping out wasn't necessarily a badge of honor or even something that you felt like you needed to do. So, and then of course, like there was the visa, right? You needed to get a visa. And I know Noemi, you know, helped you a lot with the visa. but can you share a little bit more about sort of and I think this is useful for other people to hear because there are probably a lot of people who are in similar situations where it's like both they they're still in school and maybe they also have like a visa that they need to apply for like an 01 can you share a little bit more about kind of what that was like in that decision just

38:47Dhravya Shah:to help other people think through it yeah in college I was actually doing pretty well I was top of the class for most of the time I was there I had tons of fun went to tons of parties lived with Americans in my first year it was probably the best time and I would actually not leave college if it did not make so much sense um there was never the goal that has never been a thought and even when I was raising it was like I actually dropped out kind of before like I made a decision to drop out before I even got the visa because it was that obvious you know um i had also kind of dropped out from my dream of getting into the most prestigious place in irt and the the typical route and even that was not like i it was kind of a leap of you know uh faith i did not know what i was doing but that turned out well in high school so i always had this belief in myself that you know whatever it is I will figure it out I also had some cushioning because I was in Cloudflare before I had done some work there I knew that if I you know if I don't make it at the time my thought was it's going to be fine now that's no longer an option obviously um but yeah like that is all the considerations that were in my head at the time i remember also talking to my parents they were essentially saying like no no you should not drop out you should have like this certificate and um my brother was also like okay you should not drop out all of these vcs are here to you know like money launderer like it just it was just so insane that someone's giving me millions of dollars to work on this idea full-time that everyone I asked was saying no um but in my head I had so much belief that I will do it that I decided to do it anyways um despite the visa constraint so yeah that's awesome um so so if I were to sort of uh like highlight part of that um it's that uh you felt such a tremendous this pull on this being the right thing for you to spend time on, not VCs want to give me money, or it would be really cool to tell people that I was starting a company.

41:17It was because you'd spent enough time on this as something that wasn't a company, but it eventually evolved into you realizing that this was the right thing for you to be spending time on and building as a company. I think that's really important because oftentimes people don't go through that process. And I think it's often a failure mode for people. And they ultimately maybe drop out for the wrong reasons. But it seems like, you know, this was definitely the right thing for you at the time.

41:47Dhravya Shah:Yeah. And I'm actually glad I dropped out. And I still think for context, it had been two and a half years since the very first iteration of any context that I built. so I was working on this at that point for two or three years now as just something that I'm very excited about I had dived really deep into the tech I had dived really deep into how this would look like how I should approach this problem and a lot of that is not true anymore because no one knows what they're doing and even in AI even in especially in memory no one knows the right answer to it and at the time I was also um thinking about you know how important it is to be in college and have the exploration um and how powerful that time is it's like you're a free agent you can do whatever you want so what would you do um it's a very exciting time I think everyone should do it do that in college and I want to take I want to take uh some time towards the end here where we talk about kind of various people in your journey after you decided you wanted to make this company.

43:00So maybe talk about some people at SFP, talk about some of your investors. Before we do that, I think that one thing that I've noticed is sort of an outsider to the memory, like AI memory contact space is just how much FUD there is. Can you share a little bit more about kind of i'm trying to i'm trying to say it in a nice way um but just like the bullshit uh essentially that that's out there about memory and also um sort of what evals like actually should look like in this world for benchmarking and also what what bad benchmarking

43:41Dhravya Shah:looks like the the reason why as you mentioned there's a lot of bullshit in this space specifically is because the barrier to entry is probably the lowest. Because think about inference or databases or all of these. They're really hard to start with. And anyone doing it is definitely, you know, extremely smart and motivated and is doing it for no reason but something that they know is correct. and it's also very deterministic to measure how these things perform. In memory, it's not that deterministic. A lot of people almost have AI psychosis where they think of something and then the AI builds something for them and then the AI runs its own benchmark and it turns out to be the best thing and people tweet about how their thing is the best.

44:40Dhravya Shah:But the thing that people should really think about, So there's benchmarks and non-benchmarks Inside of benchmarks, you cannot just run one thing You need to look at multiple different benchmarks For example, there was Mem Palace recently It only measured against LongMemEval And their code, like their benchmarking code Was completely different from their actual code But the actual code literally optimized for the wordings Inside of LongMemEval And it built a graph, like they literally looked at LongMemEval and they build the system for that benchmark. Because I think it's called the Goldheart's Law.

45:16Dhravya Shah:When you have one goal that you're optimizing towards, the goal is no longer relevant. The second problem is that the setup itself looks very different for different people evaluating it. Because it's not just about how you remember and store things, it's also about how you bring it back into the system, the context. How many tokens are you ingesting back, for example? or is it a tool call or a hook? Is it, you know, in what model is used to look at the context and answer it? And then what judge is looking at it and measuring the quality, even if you use the same judge, it is non-deterministic.

45:58Dhravya Shah:So in this completely non-deterministic system, you should run like Beam, you should run LongMem, Eval, Shure on like a deterministic or as deterministic it can get environment. And we have built a tool for that. It's called MemoryBench. That will help you run a deterministic test, show you all the numbers related to it, like latency, quality, speed, in terms of the answering model reasoning, but also the tokens given to the answering model, and also recall at 5, recall at 15, like pretty much all numbers. And then when you post these numbers, you should be honest about it, which we do in all of our materials.

46:39Dhravya Shah:But also, when you think about what's not in the benchmarks, it gets even more interesting. Because if I say something as simple as, hi, what should a memory system do? Will it go and look up who is this user, which will not get any more information about me? So real systems are not built to perform well on benchmarks. Think about the best memory stuff, you know, like, you know, poke, you know, like chat GPT, Claude. These things perform really bad on these benchmarks. The reason is that they're built on something that's closer to the user, for the user, and not for showing some numbers on Twitter.

47:23Dhravya Shah:And so that's what we try to do at all times. Like, that's what our products do. Like, profile is for depersonalization. We have a playground that will help you make it perfect for your use case. We help the enterprises set up and benchmark it on their own data, on what they care about. And all of that is really important, and I think people don't think about that stuff a lot. It seems like one thing that people really don't understand, at least the people who are building memory companies, is just how much the ability for the end business, the end developer, to actually make decisions, to really be able to choose, to have sort of the autonomy to structure things themselves, it feels very much like a lot of the systems that are there are effectively hard-coded, and there's very little sort of ability for the teams that are evaluating using these systems to actually do anything on their own.

48:27And I think more recently you've described it almost as like what you're building is sort of the contrast to that, which is like these Lego blocks that you can arrange, you can choose to use some of the Lego blocks, you can choose to not use some of the other ones. Can you share a little bit more about your philosophy around sort of giving people, giving developers, giving companies the ability to have much more flexibility and autonomy in how they actually develop these memory systems using your sort of pieces?

48:57Dhravya Shah:Yeah, so I remember talking to you about this back when I was thinking about it, and you mentioned this very cool thing, which is it's a Lego set with no instructions on what's perfect. Because what's perfect, you will decide. And you will figure out for your use case. And designing it is kind of hard because this set has a type of piece which is configurable in itself. For example, in memory, one thing is, okay, what should the model learn? What should the ontology be? And, you know, how you want to structure it in the data? Second is, how do you bring it back to the harness? So a lot of people think, okay, tool calls are the right approach, or MCP is the right approach.

49:44Dhravya Shah:A lot of people think hooks are the right approach. But let's say you're building a business agent, right? You would want it to have some knowledge of the business and what's going on right now in the business, inside Slack or whatever. You would also want it to know the documents, so you have to put retrieval into it as well. But you don't, and then you need to have memory. But you don't know what you did not learn, right? Because there's no way for any system to perfectly determine what the user will bring up in the future. So we have this thing called hybrid mode where if a memory does not show up, the document will show up.

50:29Dhravya Shah:So all of these different configurations are possible with super memory. And let's say you have tons of files and you have some determinism in it, like it's kind of semi-organized files, but it's also not organized at the same time. So you would attach a file system to our agent and the agent can go figure it out on its own. So there's so many ways to do it and we enable every single way to do it in the cheapest, best format that's perfect for any use case. What's the thing that really gets customers excited about that? Whenever I'm in sales calls, it's always interesting. They come in with some perfect way of doing it in their minds and then they try to bring it up like, okay, can I do this?

51:18Dhravya Shah:Can I do this? I have different users. I have different teams. The teams have different access controls in them. Can I build my agent in a way where it follows these access controls? And for each of these questions, the most exciting thing is like whenever they have a question, I already have the next slide is about that thing. The most exciting thing recently has definitely been some of the research we have done specifically in bringing this back to the harness. That has been very, very interesting because when we tell people that, okay, we learn everything, there's a model internally that is determining what is important that you can configure for your use case and it's stored in our data structure, they get very excited because they know that they cannot build their own model or they cannot find you in a model because they don't have the data to do that.

52:12Dhravya Shah:and we have it and that's how we make it really cheap. So all of these things that kind of show them the complexity of the problem then make sense why they should be building on top of our infrastructure instead of just bare metal. And they also have that flexibility of being able to use some of the building blocks or using them in a certain way. Exactly. That's interesting. Okay, so let's pivot this to talking about co-founders and solo founders like you are a solo founder um but it's not necessarily because um because you thought that you were going to be a solo founder what's the story like did you try and have co-founders like share more about sort of how you ended up becoming a solo founder yeah um my first two companies i had co-founders and uh epic host was an interesting story as well because it actually died because of a co-founder breakup um where one of the co-founders went rogue because of money or power or whatever and then they essentially tried to destroy the business and we had to sell the business off minutes before they destroyed everything um so you know like i have had insane like extreme experiences but also have had like kind of you know, uh, lukewarm experiences where I trialed with a bunch of people also for super memory.

53:39Dhravya Shah:And even before this, um, for like various different things I was doing and there was always either lack of compatibility. Um, there was a time when I was trying to build a startup in college. Like I was like, bro, I should build this as a startup. It was a healthcare thing that I should never have thought of. but I still remember I was not as excited about it or the opposite person was not excited about it or there was some compatibility issue. One more thing that would happen is different ways of work which is I like to be very hands-on in engineering as well as the sales but there's different ways in which people build the companies.

54:27Dhravya Shah:One more thing was You know The vision of the future and the directionality I don't want to wake up every day And argue with someone about Okay this is what we should do next There is a lot of easy money everywhere in the world I don't want to do that You know like I want to go for the For the thing that is kind of hard to do And it will take years to get there We won't make any money Or we might die We might be on the streets But we have to do this It's very hard to get someone as excited about it, especially when you're changing paths all the time. You have to get the opposite person aligned, which is very hard to do.

55:04I could imagine at multiple points over even just the last year with Super Memory, if you had a co-founder, and obviously you have these incredible teammates, but it's a different dynamic with teammates necessarily than it is with co-founders, where you maybe feel this need to really convince a co-founder in a different way than maybe a convinced a teammate. And I imagine that that could have potentially gotten you stuck at various points when you knew that you needed to keep moving, keep progressing, but maybe somebody else wanted to stick with the other thing. Kind of what we were talking about where you got some viral traction or some viral interest, and maybe one person, if you had a co-founder, they would misread that as sort of like this is the optimal stopping point.

55:46We just continue on this. maybe you can share a little bit about you know what it's like being a part of solo founders program but particularly maybe what you've learned from some of the other people in solo founders program because I don't want to make this like an advertisement for SFP but I think it would be really interesting for you to share maybe what you've learned from people like Chai or Phillip people who are who are also building companies solo because I think there is something really special about being around other founders? And even just being in San Francisco, I think there's a lot of value, but maybe share a little bit about kind of what being around other solo founders and SFP has been like.

56:27Dhravya Shah:Yeah, living in the house is probably the best decision ever. Not only from a perspective of being around other founders, but being around people who can push you towards the right direction but just by them existing for example chai was my roommate uh is my roommate right now but he was like in the room next door to me and i would go on walks to dandelands coffee with him and he would tell me all about formal verification and how how people build their architectures and he would be super excited about it i was like bro what is this like you know i I don't get any of it. And he would keep sending me links of him being excited about what he's building.

57:16Dhravya Shah:And that kind of leads to osmosis of learning. That's an engineering sort of thing where you learn that, okay, I should probably look into this to build really good, reliable infrastructure. And I did. And now we have really good infrastructure that pretty much never goes down and it's pretty cool. So that's one thing, which is help in learning and osmosis of learning. Second is people like Ryan, who are just extremely relentless and teach you discipline. I would sleep on the nook in the office sometimes just after work, and I would wake up to his voice, him recording like, okay, today is day 34 of building this company, and I did this yesterday, I'm doing this today.

58:06Dhravya Shah:It was like he's in the army. It was like he's an astronaut in space. But he would have that level of discipline. This was pretty early in the morning. Yeah, this was at like 5.30 a.m. It's extremely cold. And no one should be working at this time. But he would. So that taught me a lot of discipline in my life as well. And he has also been killing it recently. Because of his discipline. He also has world record for most number of pull-ups. by the way so that's cool um then people like philip who are unhinged at everything like you know default talented default good at everything they do um amazing people to hang out with like namanya you know like um there's so many things that my life was fulfilled from by being in that house and still is because i can still walk up to them and i can be like bro like this is what i'm thinking what should I do we talked to like 2 a.m downstairs just talking about the world talking about startups something that's annoying me something that is I can help to others and it's been an amazing experience.

59:17What's a really random tangent here but I just realized that you and Philip and we probably talked about this quite a while ago now but you and Philip both had hosting businesses. Yeah. Hosting businesses are great sort of like bootstrap businesses like they were good ways to get started but they ultimately weren't the things that either of you uh ended up working on did you guys talk about that or like what what's like what's something that you've learned

59:40Dhravya Shah:from philip yeah um by the way i think the hosting business is an interesting one because it needs like there's a high barrier to entry to build it and uh it needs very good business sense um because there's a lot of unit economics that you have to do like everything is you know okay this margin, this percentage, everything is something like that. Which is, by the way, why our company also did not work out because I was not perfect at it. But when you're building something that you want others to also do, you build ways to enable others to do it as well. So that leads to hosting businesses, I think.

1:00:19Dhravya Shah:I have spoken to Philip over a lot of things. One interesting thing is, like, his brain is not built to stop. He's like Iron Man, where he was in a cave working on something and then he comes out of the cave with like guns everywhere you know kind of that guy uh now he sells to public companies and like you know all of these large government agencies but he was he's also someone who's a tool builder and he just does it for the fun he's also very um he is extremely disciplined about his values he's like okay everything must be open source it's fine if i don't make money and his values is what has gotten him here i i had never seen anyone with that deep values about building everything for free um and i know like ryan jokes about it but i think it's a great uh great thing to have those values in life so yeah it's certainly how most people have heard about docmost and for those who are listening philip is the founder of docmost it's um it's sort of the best sort of uh option for on-prem wiki software for governments uh or big businesses that really want to have control over their data.

1:01:28But he started out as an open source project. And interestingly, similar to you, how you had an idea with any context that became Super Memory, he was actually doing hosting for open source sort of wiki software, and people were paying for it, and that was a good business. But then he saw that all of the open source wiki software was kind of crap. So he's like, why am I just, you know, doing hosting for this crap? Why don't I actually build the good open source wiki software and then charge for, like, the on-prem with all of the different logins and all the things that enterprises need? And he went and he built that, and it's doing extraordinarily well because of that.

1:02:14Maybe you could share, and maybe this is, like, the last thing before we get to the final two questions. um what talk talk to talk to me about your investors like what you've learned from them

1:02:25Dhravya Shah:yeah uh I think I have some of the best strategic investors that anyone can get I got very lucky so uh and there's various different stories as well about like you know how I met them for example I was introduced to Joshua Browder through Sudarshan and um I lived with Joshua router like days before moving to SFP. I was you know crashing at his place because I didn't have any other place in SF. I remember like he would he would come and he would be like extremely direct at okay you know figuring out exactly what I'm going for and he would keep asking me questions until I had a direct answer. He's extremely direct and then when I did have a direct answer he would come to me and he would be like, okay, can I put in more money?

1:03:17Dhravya Shah:Can I put in? So he's like so convicted. I would be at 1 a.m. doing something and he would come up to me and he was like, do you want 200K more? This is the trick of having somebody stay at your house. I mean, that shows extreme conviction. If you were signing the safe right there, he would have the money right there. It was insane. It's like one year of runway in one night. you know but then that chain of events also led me to suza ventures which is shaheer and shaheer is also a guy who knew nothing about memory and context and this world died extremely deep in and he knows pretty much everything i know about the market now and that is something that most vcs would not do with that much conviction sudarshan also keeps calling me every week asking if I need any help with sales, etc, etc.

1:04:11Dhravya Shah:One of my VCs sat with me on the sales call and then after the call they were giving me feedback about how I should improve. I share research with one of my angel investors and they give me feedback on the research I do. So all of these things are very rare and I feel very lucky to get that stuff. Also, solo founders like you, I just walk up and ask directional questions about my life, the company, all of these things. It's very hard to talk about these things, to think of it as investors, not as investors, but actual people who are along with you on a journey to build something great, instead of just people in suits putting in money.

1:04:54Dhravya Shah:That's what I imagined them to be, but it's all people in jackets and shorts helping me out. I think the really cool thing is you assembled like a great crew like a lot of people um i think more than the average company does for the size round that you raised for angel investors and i think you did a great job of that because each of these people could help you with something specific you know sadarshan um who i think is like you know i think he's probably pretty well known on x but i think like most people probably don't know him yet i think he's he's great um he's just like incredibly high energy Josh hopefully you know he's he's a solo founder actually yeah we should have we should have him on the podcast soon um like John Andrew yeah he was helping me with sales he was like you should hire two sales rep three AEs three BDRs he essentially made like a chess board of people you should hire for me which is cool and I think that the the interesting thing here is like you know people I think that it's easy to say oh well I don't have any connections it's like well the way that you get connections if you if you don't have connections you're an outsider to silicon valley is you put stuff out there and you put it out there in public and i mean that's that's it like you were you were a kid in india and then you were a kid at asu which is not like a thing that people are thinking of when they're thinking of startups and like maybe they will start to do and i know there's some cool entrepreneurial stuff happening there but i think that the the lesson is like put stuff out for play and then like if you put stuff out for play that's just your art your interest um that will gain you followers and attention and like those people will say oh wow he's actually working on a company now yeah you should get involved no i i think it won't even give you followers attention for the first few years that should not even be the goal like you know i see a lot of people being depressed about oh bro like i post a lot of things i don't get anyone looking at it for sure like because your goal for posting something should not be someone looking at it it should be to to show your real self on the internet and then there will be a network effect that starts at some point but you should not expect it this is this is like the thing i mean i'm you know i went to school for music and i loved music and uh like very often you'd play to a room with nobody in it yeah you know what i mean so it's the same thing as launching a product that you've been working on on x and getting like no engagement yeah like that happens Yeah, it has happened to me a lot of times, actually.

1:07:21You've got to do it, not because you're hoping... If you play to an empty room and you're disappointed about that you quit, you're not going to be able to actually get there ever. That's really cool. Let's close it out with the classic questions that we ask. The first one is sort of the bear case, like the case against solo founding. And then once we talk about that, we'll end it with the case for solo founding. What's the bear case? Why shouldn't you be a solo founder?

1:07:48Dhravya Shah:Yeah, I think as a founder, it's like having, you know, in Matrix, there's a lot of darts being thrown at you. And you have to, you have to avoid all the darts or you have to, like, but you cannot avoid the darts because you're a founder. So you have to do, like, you have to actually hold them somehow. You have to catch all of them, do all of those things. And if you're not very good at multitasking, like, there's so many things to do, you will not get everything done. and especially if you're not able to recruit a good team, it's kind of really hard to, you know, do all the basic things to be successful.

1:08:27And I think like building a team,

1:08:30Dhravya Shah:building a distribution, doing the sales, doing the engineering, all of that at once can be really challenging and you have to be a different type of person to be able to be okay with that challenge. I think everyone can do it. It's just that you have to train yourself mentally for it. And it's also a journey where no one is there to keep you accountable for these things. So if you just don't do it, there's no one coming and scolding you about it. No one being like bro, what the hell are you doing? Which was actually, I think I've told Julian and other solo founders about this as well. I think I was terrible at this for the longest time.

1:09:09Dhravya Shah:and now I have more confidence in the fact that I'm able to do the sales, do the engineering, do all of these things and keep myself accountable to it. I also do have other solo founders in the cohort that come and shout at me if I don't do it. Even after? Even after, yeah, even right now. I can just walk to Chai and he'll be like, did the deal close? And I'm like, no, bro, I didn't follow up with him. Like, what the hell? So yeah, like, I think you should definitely try to hold yourself accountable. And also put yourself in a position where other people can sort of push you. Exactly. Even if they're not your co-founder.

1:09:45Dhravya Shah:Yeah. You know, you need, you need, like, I think a lot of people benefit from it. Even if they do have a lot of, you know, internal discipline, to be around other people, to have that model is really good. Yeah, I mean, I remember you being like, oh, bro, you're not tracking all your calls. You don't have a CRM. You're not actually doing all the things that I was like, man, you're right. And then I did all of those things right now. So, yeah. And now it seems like, I mean, thank God you implemented the CRM and stuff a while back because you showed me your calendar. It's like full up with calls for people who want to use this.

1:10:18Cool. Let's end with the last thing, which is what's the case for solo founding?

1:10:22Dhravya Shah:Being a solo founder is the best way to build something that's true to yourself. And that only happens when you have extreme conviction about what you're building. it's kind of like if you're doing it with someone else it's a shared it's one person's vision that you are kind of inside or it's your vision that you need more people to do but it's typically a standard business um which does work out but if you want to build something big there must be something that's true to yourself that you're really excited about that you're okay to do in darkest, deepest times, and if no one is by your side.

1:11:02Dhravya Shah:And I think, so all the businesses that solo founders do start are kind of that, you know, like it makes sense that they would start those businesses because it's like literally their representation inside a company. Like think about Philip, Ryan, Chai, like, you know, when I think about these and the companies they are building, it makes so much sense that they are the ones. But also the people who came to the podcast, Vercel for example all of these solo companies are literally representations of the founder as a company which is really cool to me that's awesome, cool, great way to end it thanks for being on it's funny because we obviously hang out so it's weird to record like this but really awesome, I feel like we talked about things that we've known each other for years now we're still talking about things we haven't talked about before So this is a great way to do it.

1:11:56Dhravya Shah:That's amazing. Awesome. Well, thanks for doing this. Amazing. If you enjoyed this conversation, we would love it if you could share Solo Founders with everyone you know, particularly people who are considering starting companies solo or who are already doing it. You know, the entire goal of what we do is to normalize Solo Founding, encourage more people to Solo Found instead of end up with co-founders of convenience. If you'd like, and we'd really appreciate it, you can go leave a review on Apple. You can go give us a thumbs up. You can subscribe on the YouTube channel. Anything helps. And of course, if you are starting a company or considering starting a company, you should go look at the Solo Founders Program.

1:12:30We work together with you in San Francisco alongside of a bunch of other solo founders. The idea is it's much better to be solo together than to be solo alone. I'll spend a lot of time helping you. And we also invest$100 ,000 in your company. So if you're excited to learn more about that.

From the publisher

Dhravya Shah sold his first company at 16 and raised $3M at 19 as the solo founder of Supermemory, the open-source memory and context layer for AI agents (now past 26k GitHub stars and 1M+ SDK downloads). The twist: he never chased any of it as a business. He built in public, for free, said no to VCs for nine months, and only raised once the company's vision was undeniable. A conversation about why the fundraise is a result, not the goal.

Topics covered:

  • Why the raise is a result, not the goal — and saying no to VCs for nine months
  • Building your "art" in public until it becomes a company
  • Escaping the inventor's dilemma: killing your own viral hits
  • Why he's a solo founder, after a co-founder breakup killed an earlier company
  • The honest version of AI memory: benchmark-gaming, Goodhart's Law, and evals that matter
  • Hiring "true builders" out of open source as a solo founder

Guest: Dhravya Shah — founder and CEO of Supermemory, the memory layer for AI agents (1M+ SDK downloads); sold his first company at 16, raised $3M at 19; ASU dropout and ex-Cloudflare.

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Sold a Company at 16, Raised $3M at 19Solo Founders · 1 h 13 min
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