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Lotlsoft Labs

What bootstrapped founders actually said about AI, pricing and getting acquired

Charlie Ward

18 claims that held, each with the quote it rests on and the date it was true.

Seen in the corpus 2 times, 2020-09-07 to 2023-11-15. Claims that did not hold are not listed here: they were written by research agents rather than by Charlie Ward, so they belong with the other refusals, grouped by how they failed.

runs

Held

Charlie Ward runs Ramen Club.

The #1 community to launch & grow your SaaS to ramen profitable, and beyond
A Slack community of 400+ founders who ship. Weekly events (demo days, founder interviews, expert workshops & virtual coworking), in-house mentors & $50k+ in partner discounts.
— Charlie Ward, Founder, Ramen Club
Ramen Space
, is a separate membership, from £30/day.
as of 2026-08-03ramenclub.com
Held

Ramen Club offers weekly demo days, founder interviews, expert workshops, virtual coworking, in-house mentors, and partner discounts.

The #1 community to launch & grow your SaaS to ramen profitable, and beyond
A Slack community of 400+ founders who ship. Weekly events (demo days, founder interviews, expert workshops & virtual coworking), in-house mentors & $50k+ in partner discounts.
— Charlie Ward, Founder, Ramen Club
Ramen Space
, is a separate membership, from £30/day.
as of 2026-08-03ramenclub.com
Held

Ramen Space is sold as a separate membership.

The #1 community to launch & grow your SaaS to ramen profitable, and beyond
A Slack community of 400+ founders who ship. Weekly events (demo days, founder interviews, expert workshops & virtual coworking), in-house mentors & $50k+ in partner discounts.
— Charlie Ward, Founder, Ramen Club
Ramen Space
, is a separate membership, from £30/day.
as of 2026-08-03ramenclub.com
Held

Ramen Space is a coworking space at Unit 6, Sledge Tower, Dalston Square, London E8 3GT.

London's #1 Coworking Space for SaaS Founders
A focused, friendly coworking space where 100+ London SaaS and AI founders ship side-by-side, swap feedback, and keep each other accountable. 1GB fibre internet • 28-inch monitors • 4 meeting rooms • daily standup + lunch
Unit 6, Sledge Tower, Dalston Square, London E8 3GT. One minute from Dalston Junction and 10 minutes from Shoreditch. Open 9am–6pm Monday to Friday. Space for bikes, dog friendly, with local coffee shops, food and pubs nearby.
as of 2026-08-03ramenspace.com
Held

Ramen Space is for 100+ London SaaS and AI founders.

London's #1 Coworking Space for SaaS Founders
A focused, friendly coworking space where 100+ London SaaS and AI founders ship side-by-side, swap feedback, and keep each other accountable. 1GB fibre internet • 28-inch monitors • 4 meeting rooms • daily standup + lunch
Unit 6, Sledge Tower, Dalston Square, London E8 3GT. One minute from Dalston Junction and 10 minutes from Shoreditch. Open 9am–6pm Monday to Friday. Space for bikes, dog friendly, with local coffee shops, food and pubs nearby.
as of 2026-08-03ramenspace.com
Held

Ramen Space has desks, 28-inch monitors, 1GB fibre, four meeting rooms, daily standup and group lunch.

London's #1 Coworking Space for SaaS Founders
A focused, friendly coworking space where 100+ London SaaS and AI founders ship side-by-side, swap feedback, and keep each other accountable. 1GB fibre internet • 28-inch monitors • 4 meeting rooms • daily standup + lunch
Unit 6, Sledge Tower, Dalston Square, London E8 3GT. One minute from Dalston Junction and 10 minutes from Shoreditch. Open 9am–6pm Monday to Friday. Space for bikes, dog friendly, with local coffee shops, food and pubs nearby.
as of 2026-08-03ramenspace.com

current status

Held

Charlie Ward's business is operating and expanded, not shut down or sold.

© Ramen Club 2025 | est. 2019 🍜
New: Ramen Space London 🍜 →
At 90% capacity
Held

Ramen Space is at 90% capacity.

© Ramen Club 2025 | est. 2019 🍜
New: Ramen Space London 🍜 →
At 90% capacity

revenue at

Held

Charlie Ward had $3,800 MRR.

We’re at $3,800 MRR as of May ‘22, with 35% MoM revenue growth between April and now.
At the time of writing (May 2022) we’re at $3,800 MRR (Monthly Recurring Revenue), with ~50% profit margins. I expect this margin to increase as we grow, as most of our costs are fixed. I currently pay myself via contracting rather than Ramen Club directly.
as of 2022-05-28starterstory.com
Held

Charlie Ward had ~50% profit margins.

We’re at $3,800 MRR as of May ‘22, with 35% MoM revenue growth between April and now.
At the time of writing (May 2022) we’re at $3,800 MRR (Monthly Recurring Revenue), with ~50% profit margins. I expect this margin to increase as we grow, as most of our costs are fixed. I currently pay myself via contracting rather than Ramen Club directly.
as of 2022-05-28starterstory.com
Held

Charlie Ward had 35% month-on-month revenue growth from April to May 2022.

We’re at $3,800 MRR as of May ‘22, with 35% MoM revenue growth between April and now.
At the time of writing (May 2022) we’re at $3,800 MRR (Monthly Recurring Revenue), with ~50% profit margins. I expect this margin to increase as we grow, as most of our costs are fixed. I currently pay myself via contracting rather than Ramen Club directly.
as of 2022-05-28starterstory.com
Held

Charlie Ward was paying himself via contracting rather than out of Ramen Club.

We’re at $3,800 MRR as of May ‘22, with 35% MoM revenue growth between April and now.
At the time of writing (May 2022) we’re at $3,800 MRR (Monthly Recurring Revenue), with ~50% profit margins. I expect this margin to increase as we grow, as most of our costs are fixed. I currently pay myself via contracting rather than Ramen Club directly.
as of 2022-05-28starterstory.com

distribution channel

Held

Indie London has approximately 800 members in Slack and on the newsletter.

Indie London: I manage a London, UK-based community called Indie London. This is the #1 Indie Hackers community in the country, with ~800 members in Slack and on our newsletter. This plus the in-person events is a good continuous source of growth.
Twitter: I currently have ~3.5k followers, mainly in the maker/indie hacker world. So this is a good, cheap way of getting new members.
SEO: To be honest, we haven’t been great at this so far. But I plan for it to be a big source in the future. Our landing page has around a 1% conversion rate to paying members. We use a 30-day money-back guarantee to de-risk signing up - which we find is more effective than free trials.
as of 2022-05-28starterstory.com
Held

Charlie Ward's landing page converts approximately 1% to paying members and uses a 30-day money-back guarantee instead of a free trial.

Indie London: I manage a London, UK-based community called Indie London. This is the #1 Indie Hackers community in the country, with ~800 members in Slack and on our newsletter. This plus the in-person events is a good continuous source of growth.
Twitter: I currently have ~3.5k followers, mainly in the maker/indie hacker world. So this is a good, cheap way of getting new members.
SEO: To be honest, we haven’t been great at this so far. But I plan for it to be a big source in the future. Our landing page has around a 1% conversion rate to paying members. We use a 30-day money-back guarantee to de-risk signing up - which we find is more effective than free trials.
as of 2022-05-28starterstory.com
Held

Charlie Ward explicitly said SEO was not working for him at that point.

Indie London: I manage a London, UK-based community called Indie London. This is the #1 Indie Hackers community in the country, with ~800 members in Slack and on our newsletter. This plus the in-person events is a good continuous source of growth.
Twitter: I currently have ~3.5k followers, mainly in the maker/indie hacker world. So this is a good, cheap way of getting new members.
SEO: To be honest, we haven’t been great at this so far. But I plan for it to be a big source in the future. Our landing page has around a 1% conversion rate to paying members. We use a 30-day money-back guarantee to de-risk signing up - which we find is more effective than free trials.
as of 2022-05-28starterstory.com
Held

Charlie Ward sponsored over 30 episodes of Indie Bites.

Charlie has also been a long time supporter of the show, having sponsored well over 30 episodes and taking a bet on me early on.
as of 2023-11-15indiebites.com
Held

Charlie Ward's site now runs a bank of 2026-dated London coworking comparison posts targeting local search, including titles like 'Best Coworking Spaces London', 'Coworking Space Dalston', 'Coworking Space Hackney', and 'Startup Coworking Spaces in London'.

Best Coworking Spaces London: 9 Options Compared (2026)
9 Startup Coworking Spaces in London Compared (2026)
Coworking Space Hackney: 6 Options Compared (2026)
Coworking Space Dalston: 6 Options Compared (2026)
Book Free Trial Day
Free trial day. No credit card required.

ai adaptation

Held

Charlie Ward added AI to the in-house mentor categories.

Practical Ramen Club AI workshops at Ramen Space in London. Build usable workflows with people working on real content, outreach, and growth systems.
Saturday 1 August 2026 • 10am-5pm • £100
Build a growth engine with AI agents
A one-day workshop at Ramen Space with Ben Kaltenbaek. Build Claude Code and Codex workflows for content, outreach, and growth loops.
In-house mentors: AI, sales, growth, user research, validation, legal
Ramen Space is the home base of londonmaxxing and has hosted hackathons and events with teams from ElevenLabs, Zed, Cloudflare, OpenRouter, AG Grid, Arize, Make and Zapier. Communities like Generalist World and Lenny's Newsletter run meetups here too. As a member, you work in the room where all of it happens.

Where they were quoted