2 Friends Built AI Tool for $185 Using ChatGPT, Sold It for $150,000

Mukund Kapoor
By Mukund Kapoor - Author 2 Min Read
2 Min Read

Salvatore Aiello and Monica Powers create a successful AI tool named DimeADozen, later selling it for a hefty sum but remain as advisors.

In Short
  • Salvatore Aiello and Monica Powers built DimeADozen, an AI tool, with just $185 and sold it for $150,000
  • The tool helps professionals test business ideas and made $65,897 in revenue in just seven months.
  • Even after selling, both remain committed as advisors, contributing five hours each week to its growth.

October 23, 2023: Two friends, Salvatore Aiello and Monica Powers, turned a small amount of money into a big deal. They met at an online event by Y Combinator, a company that helps startups.

They decided to work together and made an AI tool called DimeADozen. They spent Rs 15,000, which is about $185, to make it. Then, they sold it for a lot more – Rs 1.2 crore or about $150,000.

DimeaDozen Homepage
DimeaDozen Homepage

Their tool, DimeADozen, helps people in business test their new ideas. It turned out to be a good idea itself.

In just about seven months, it made Rs 54.8 lakh, around $66,000. Just when things were going great, they got an offer they couldn’t say no to. A couple named Felipe Arosemena and Danielle de Corneille bought their tool for Rs 1.2 crore.

But here’s the interesting part. Even after selling it, Salvatore and Monica are still helping the tool grow. They are advisors now.

They will work five hours a week to make the tool even better. Salvatore Aiello hopes big companies like Salesforce will notice how good DimeADozen is at doing its job.

So, what’s the big lesson? A small idea can turn into something big. You don’t always need a lot of money to start.

And even when you sell your idea, you can still be a part of it. Salvatore and Monica show us that.

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By Mukund Kapoor Author
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Mukund Kapoor, the enthusiastic author and creator of GreatAIPrompts, is driven by his passion for all things AI. With a special knack for simplifying complex AI concepts, he's committed to helping readers of all levels - be it beginners or experts - navigate the intriguing world of artificial intelligence. Through GreatAIPrompts, Mukund ensures that readers always have access to the most recent and relevant AI news, tools, and insights. His dedication to quality, accuracy, and clarity is what sets his blog apart, making it a reliable go-to source for anyone interested in unlocking the potential of AI. For more information visit Author Bio.
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