Gauss builds personal AI investment analyst for retail investors, charges $19/month

who will also tell you about ramp. com. Time is money. Save both. Go to ramp. com. What's happening? Welcome to the show. Hello. Hey. Welcome to the show. I'll give you a salute. There you go. I'm a big fan of the show. Thanks. Introduce yourself for the stream. What are you building? What are you pitching here today?

So, I'm Bruno. Uh, we're building Gaus, a personal AI investment analyst for retail investors. Interesting. You know, B toC. If you invest in stocks, you're welcome to join our platform. Okay. Uh, yeah. I mean, there's been a ton of moves in the in the retail world. Tons of meme stocks going on.

meme stock for the retail investor who doesn't want to get burned or the retail investor to not make mistakes when I'm asking Exactly. That's actually our number one use case. We want retail investors to make less emotional mistakes. Emotional mistakes. So, right now we're focusing on thesis driven investors.

So, not the the meme stock buyers. Uh so, you have a clear thesis, you want to monitor the market, but you're a busy professional. You don't have time to know keep track of everything that's happening. we can find opportunities.

You know, you connect your portfolio to us and we can start giving tailored advice that fits your talk to me about the puzzle pieces that you're putting together. I imagine plaid's important. There's probably some broker dealer at some point. There's probably a Frontier model that you're partnering with.

You're not training your own models, but what what are the puzzle pieces that you're putting together to build the platform? Yeah, exactly. So, Plaid uh is part of our platform. We have read only access to your accounts. We don't do trades. Okay.

You just recommend right now we recommend so we're an adviser basically we want to tackle the advisory market and replace with agents. So so what kind of uh what's the compliance framework if you're giving people investment advice as an app?

Everyone always says so you just say not investment advice and then you're fine. Right. And then you can give as much investment advice. Yeah. Yeah. Right now that's what we do but we're in the process of getting the RAIA registration.

Hopefully by the end of the month we will be on our way and we can you come into did you did you come into YC with this idea or did you pivot into it? We did. Yeah actually we've been Michael Far and I have been working on this for the past like 3 4 months. We apply with this idea.

Uh we're one of the few B2C companies in this batch cuz most companies have been B2B but it's been exciting. We got like 1. 7,000 users using our platform generating revenue. Yeah. And uh is your KPI like assets uh that are linked on plaid? Is that what you share today? Yeah, that's one of the the KPIs.

But right now, we're focusing on signups and retention. Yeah, we want to get, you know, users coming to our platform and staying with us, and we want to eventually be the best in giving like tailored investment advice for people. That's great. Uh, lightning round. Yeah.

Well, yeah, I was going to say, uh, how are you monetizing today? It's a subscription model, so we're charging $19 a month for customers. And you know, we we'll plan to continue with this for a while and then eventually we're going to switch to the more RAI like model. Free plan or everyone paid? Free plan.

You it's a premium. You can just like sign up the platform, use the free features and then you can pay an X. I like businesses like this because people run the calculus of like if I pay $19 a month, but I can make a slightly better investment.

Also, I mean, you can definitely I don't want to, you know, degrade the business in any way, but uh you can also underwrite this as uh almost like an edutainment product like like even if I'm not always making the trade that it recommends, if I'm just saying, "Okay, here's my thesis. Walk me through the stocks.

" That's almost like a deep research type product. That's something that somebody can read like an investment newsletter. Exactly. What were you doing before this? I was so I started my career at New Bank, big Brazilian fintech. I was doing data science there. Then I moved to VC.

I did three years of fintech investing in Latin America. Thank you. VC I I like VCs. I was in the industry. Um you know I and then I switched to the other side of the table now. Wanted to start something on my own. Did two years of business school at Stanford. Just graduated two months ago. Did YC and now we're here.

Non-traditional background. Uh so uh how how's how's the fundra going? Uh we close around already. Let's go. Okay. Uh, still undisclosed, but we we have a small location for smaller angel checks, but you know, hopefully that's good good runway for us.

He's like, call me, but not financial advice, but also it's going it's going to be a thousand bagger, but also not financial advice. Uh, dude, congrats. couple couple round question. Uh, favorite entrepreneur. We've been asking everyone who comes to mind uh throughout history. Um, I have to say David from New Bank.

He's an inspiration for me. He challenged, you know, the most traditional industry in Brazil, big banks, and he managed to create a a generational company. Fantastic. I really like him. Uh, how did you make your first dollar on the internet?

Um, so when when I was a kid, um, you know, I started kind of like the small e-commerce shop to sell, um, materials for, you know, school school materials. Um, it was just like a school website in Brazil. I was in S.

follow and you know kids were always like they asked their moms to buy school materials and I was like I think there's a way to just like sell directly to kids and they were like starting to go to these websites and I was just like and it was like there was no payment system or anything it was just like a storefront and you know they could select the material and they paid me cash at school so but but you use the internet as kind of order management management system management system that's amazing that's a great story thank you so much for hopping on so much great so much congratulations on the That was uh not general solicitation by the way.

He was not saying to reach out to him if you want to invest in the company. Uh but uh love to see it. Uh I'd love to see a non-traditional background into uh Stanford representation Stanford MBA worked as a venture capitalist worked at a at a at a hyperscaler. Uh we we love to not hyperscaler gigaser.

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