How I Got Half a Million Users in Just 16 Weeks | Rocket.new, Vishal Virani
Meet Vishal Virani, cofounder and CEO of Rocket, and the first engineer in his family. He grew up in Surat, the diamond capital of the world, where nine out ...
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Intro
- 00:00I didn't went for any Ivy League
- 00:01college. We got 40 plus rejections from
- 00:03the vis. You needs to be from Stanford
- 00:05or IIT or some good colleges. They don't
- 00:08say it up front but I know how they
- 00:11judge what they judge. That was like
- 00:13last 3 months. After 3 months we are
- 00:15going to die. It was like hardest time
- 00:17but I never give up. If you have a will
- 00:20you can build it from anywhere. I'm the
- 00:21first engineer of my family. I grew up
- 00:23in Surat the largest diamond
- 00:24manufacturing hub where out of 10
- 00:27diamonds nine diamonds get manufactured
- 00:28in my city. If you start just creating
- 00:30the wall of excuse around you, you will
- 00:32not able to move each. Just use all the
- 00:34resources for your advantage. Instead of
- 00:36just complaining about that I'm sitting
- 00:38in India what I can do but instead of
- 00:40that what we think is like okay we are
- 00:41in India what advantage we can use. Keep
- 00:43your learning mode on. I just read
- 00:45everything on internet without
- 00:47complaining about my Ivy League
- 00:48background or a startup background.
- 00:50Location does not matter. Don't worry
- 00:52about your location. Don't worry about
- 00:53your zip code.
- 01:00I'm Vishal Virani, co-founder and CEO at
- 01:02Rocket. I'm growing up in an environment
- 01:04where no one was the engineer. Right
- 01:06after the college, I started my first
- 01:08venture. The device was a Figma to code
- 01:09platform. The device we scale our user
- 01:12base from 0 to 350K users. When GPD3
- 01:15launched, we realized like okay, this
- 01:17world is going to be changed faster than
- 01:19our imagination. That was the pivotal
- 01:20moment. And then after like I started my
- 01:22second and third venture which is
- 01:23rotate. If you have a idea just put it
- 01:26in rocket platform. You will have your
- 01:27entire product ready which you can just
- 01:29launch without worrying about anything.
- 01:31In just like first 16 weeks we had like
- 01:34a multi-million applications on our
- 01:35platform. Rocket is funded by Salesforce
- 01:38venture and Excel. In just 15 weeks of
- 01:40our inception we got like a $15 million
- 01:42of sit round. So in next five year my
- 01:44entire goal is removing the entire
- 01:46mundant clerical and repetitive work
- 01:48from every user's life.
The First Engineer from a Farming Family
- 01:54I grew up in Surat. I did my schooling
- 01:56and my college in Surat. If I describe
- 01:58about the Surat, everyone of interacted
- 02:00with the product of Surat because Surat
- 02:02is the largest diamond manufacturing hub
- 02:04where out of 10 diamonds, nine diamonds
- 02:06get manufactured in my city and one of
- 02:07the largest uh textile manufacturing as
- 02:10well. A kind of without resources
- 02:12without a kind of an environment where I
- 02:14can grow.
- 02:16I was a quite curious guy and I'm the
- 02:18first engineer of my family. They don't
- 02:19know anything about the education. So I
- 02:21said like okay I want to pursue the
- 02:22engineering. They said you have my
- 02:24blessings but we cannot support you
- 02:27because you don't have a money but also
- 02:29they feel proud because like someone
- 02:31from our family is able to do this thing
- 02:34able to cross this barriers and achieve
- 02:36this next status. I'm just using my
- 02:38principles which I learned from my
- 02:40surroundings of a farming. In a farming
- 02:43you cannot control the rain, you can not
- 02:45control the weather. I just read
- 02:47everything on internet without
- 02:48complaining about my Ivy League
- 02:50background or a startup background. I
- 02:52started building I just give a wings to
- 02:54my curiosity and and and build the
- 02:56startup.
You SHOULD Be Ready to KILL Your Success
- 03:01Rahul and I have a very similar thoughts
- 03:03instead of doing masters can we learn it
- 03:05from the world and that's how right
- 03:07after the graduation we started our
- 03:09first business instead of doing masters
- 03:10and our goal was like okay for a 2 years
- 03:12we'll take all risk of our life we will
- 03:14not focus on earning the money but we'll
- 03:16focus on learning and if we just get the
- 03:19money to survive ourselves is like one
- 03:20of the biggest achievement in 2021 we
- 03:23realized everyone is just hiring the
- 03:24developers LinkedIn was flooded with
- 03:26like we are hiring developers and we
- 03:28realized they are not even enjoying
- 03:30their own work. So the thought was like
- 03:32okay how we can remove the mund and
- 03:34repetitive work from users life. It's a
- 03:36prelim era. We started doing our
- 03:38research. Ultimately we focus on
- 03:40building the Figma to code solution
- 03:42where user just need to upload the Figma
- 03:43designs and we can convert into code.
- 03:45And with that thought we started the
- 03:46device. The device we scale our user
- 03:48base from 0 to 350k users. We process 10
- 03:52million screens which is like highest in
- 03:54this entire space. Our users convert 10
- 03:56million Figma screens into code. And it
- 03:58was like quite comfortable business for
- 03:59me. When GPD3 launched, we realized like
- 04:02okay this world is going to be changed
- 04:04faster than our imagination. I still
- 04:05remember I spent almost a 60 hours of
- 04:08time sitting straight forward to write
- 04:10my prompt to create something which is
- 04:13unbelievable at that time and this is a
- 04:15time to add up the new things. We have
- 04:16the conviction like okay now LLM is
- 04:19enough powerful where we can create a
- 04:20very big impact in our users life. There
- 04:22is a world before JP3 and there is a
- 04:25world after JP3. This is just iPhone
- 04:27version 3. We need to think about iPhone
- 04:28version 15, how powerful it's going to
- 04:30be. So don't worry about the current
- 04:32version of GPT. Think about GPT 15 how
- 04:35powerful it's going to be. That was the
- 04:36pivotal moment. Figma to code is going
- 04:38to be just a small feature in future.
- 04:40Let's think bigger. And that's where we
- 04:42again reook at our vision of like
- 04:44automating the entire software
- 04:45development life cycle. Prefer
- 04:46conviction over a comfort zone. And with
- 04:49that we decided to pivot like okay Figma
- 04:51to code product to a complete software
- 04:54development automation where user can
- 04:56just put the prompt and we can deliver
- 04:57the entire results. And when we got the
- 04:58conviction we decided to pivot from like
- 05:00device to rocket.
How to Know Your Conviction is Right
- 05:05We always listen to our users. Whenever
- 05:07I interact with like any founder any
- 05:10right person I always listen them. We
- 05:13actually talk to CTOs of a fortune
- 05:15companies to solopreneurs everyone. So
- 05:18right now every day three new web coding
- 05:20platforms launch themselves on on the
- 05:22product hunt and everyone had the same
- 05:23answer like these are the prototypes
- 05:25which is not scalable which is not even
- 05:27a production ready code just trying to
- 05:29replace our Figma designs with this
- 05:31prototypes but it breaks and that's
- 05:33where we realized like okay we are
- 05:35building the right product we got the
- 05:37email from a New York user and he
- 05:39emailed us like a long email where he
- 05:41was just showing a kind of an gratitude
- 05:43without your product I can never imagine
- 05:45this kind of a thing he's a soloreneur
- 05:47he don't know about product management.
- 05:48He don't know about product marketing.
- 05:50He don't know about anything. He just
- 05:52had idea. He was using like multiple V
- 05:54coding platform and delivering the
- 05:55results. And when he got to know about
- 05:57rocket, he tried the platform. He wrote
- 05:59to us like in my life I never able to
- 06:02close a seven projects in just like a 20
- 06:04days of time. He started his journey
- 06:06with a $25 subscription and now he's
- 06:08paying a $4,000 per month without any
- 06:11sales speech. Just think about your
- 06:13users till now like we got like hundreds
- 06:16emails every day. I send a email
- 06:18personally to all the users definitely
- 06:19it's an auto mode but when they replied
- 06:21I read it personally and then we provide
- 06:23the required support to our users and
- 06:26that motion really works well for us and
- 06:28that's how we gained the trust from our
- 06:30users in the very early days
You Haven't Failed Until You've Spent the Last Penny
- 06:35as I still remember it was a 2021 time
- 06:38we got 40 plus rejections from the ves
- 06:41when every small and big ideas were
- 06:43getting funded we were like getting one
- 06:45after one rejections After 40 rejection,
- 06:48we got the first term sheet. Just 15
- 06:50days of money left in our account, we
- 06:52got the tum sheet. That was like a last
- 06:553 month when we know like after 3 months
- 06:56we are going to die. It was like hardest
- 06:58time. Every time you need to have a
- 07:00background, you need to be from Stanford
- 07:02or IIT or some good colleges. It can be
- 07:05like ex Google or X Microsoft will get
- 07:07easily funded. I was not from the
- 07:09product. I always introduce myself as a
- 07:11X of my ex. The reason is like after
- 07:13college I started my first venture and
- 07:15then I started device. They don't say it
- 07:17up front but I know how they judge what
- 07:19they judge and they're right at that
- 07:20place because they need to trust on
- 07:22their parameters. They have some thesis
- 07:24and all. So definitely we are not fit
- 07:26there but we didn't give up. Don't worry
- 07:28about your location. Don't worry about
- 07:30your zip code. We always try we learn
- 07:33new things. We try this language of this
- 07:35world. I decided like till a last penny
- 07:38in my account I will not give up. I will
- 07:41fight for that term sheet. I will fight
- 07:42for that funding which can help me to
- 07:44survive. For the founder those are the
- 07:47most important moment when you are in
- 07:49pain don't think about the pain think
- 07:51about the mistakes that you are making
- 07:53because of that you are having that
- 07:54pain. So for me at that time why what
- 07:57was wrong in my pitch? Why I'm not
- 07:59getting the fund when everyone else is
- 08:00getting. So I start analyzing my own
- 08:02pitch, the word that I'm saying, the
- 08:04kind of an like numbers that I'm
- 08:06presenting, how I can articulate it
- 08:08better instead of like getting into a
- 08:10kind of a depression or something else.
- 08:12I just started thinking of where I'm
- 08:14making a mistake every day and every day
- 08:16I try to improve myself and and that's
- 08:17how we got the first term sheet of our
- 08:19city before that like no one else got
- 08:21the venture capital funds. We got it. I
- 08:23only say like that will never give up
- 08:25attitude helped me a lot.
Don't Take Any Advice Before You Know THIS
- 08:31Every advice is not signal and as a
- 08:34founder you need to understand if you
- 08:36build the right product you will able to
- 08:38capture the market but if you just build
- 08:40the marketing company someone will come
- 08:42and capture your market just focus on
- 08:44product product stay away from noise
- 08:47identify the signals because nowadays
- 08:48you will get like hundreds of advice
- 08:50hundreds of new things on X but from all
- 08:53the noise you need to identify which
- 08:55signal will work for you let me give you
- 08:56an example GitHub copilot was the first
- 08:59product who started like code
- 09:00generation. They have the power of
- 09:02Microsoft in Satya Nadella in all
- 09:04keynotes started with GitHub copilot.
- 09:06They have the power of open air and
- 09:07everything. But still after one and a
- 09:09half year cursor came and capture the
- 09:10entire market. GitHub has everything. In
- 09:13that case like cursor has no space but
- 09:15still with the right product cursor
- 09:17capture the market. If you are not a
- 09:18native English speaker you will have a
- 09:20hard time to convince someone don't
- 09:22speak just prove. That's why instead of
- 09:25creating the pitch deck we created the
- 09:27product. We created the traction and
- 09:28that's why rocket is funded by
- 09:30Salesforce venture and Excel. Salesforce
- 09:32venture got to know about rocket
- 09:34platform on X because someone shared the
- 09:36story they give a try to our product
- 09:38first. They actually already see tried
- 09:41the product which is already at series
- 09:42AB level in the vibe coding space and
- 09:44when they tried our product they think
- 09:46like this is the best product they ever
- 09:48seen in this particular space and that's
- 09:50how they reach out to us and in just 15
- 09:51weeks of our inception we got like a $15
- 09:53million of SID round which is like one
- 09:55of the highest round in India. So build
- 09:57the right product. In the early days
- 09:59focus should be like 60% 80% on product
- 10:0120% on marketing. It should not be other
- 10:03way around where you are just focusing
- 10:0520% on product and 80% on the marketing.
- 10:07That's kind of a learning that I got in
- 10:08last like 4 years of my device and
- 10:10rocket journey.
- 10:12In next 5 years I just want to create a
- 10:14world where if you have idea just put it
- 10:16in rocket platform at the end of day you
- 10:18will have your entire product ready
- 10:20which you can just launch without
- 10:22worrying about anything. future is going
- 10:23to be looks like just consider like
- 10:25Charis when you are traveling from a
- 10:26palo to to a downtown just talk to
- 10:29rocket or with Siri or with your car
- 10:32play and by the time you will reach
- 10:34office like you will have your
- 10:35application ready how we can remove
- 10:37legacy systems from the world and we can
- 10:39create the new system that's what I
- 10:41think about every Yeah.