Sramana Mitra: What is the logistics of packaging this? What format are you shipping this in? Mike Salguero: It’s basically pre-portioned. If you get a 10-ounce Ribeye, you’re going to get it in a frozen package. Right before Kickstarter, we realized that people didn’t just want beef. They wanted chicken and pork as well. We
Sramana Mitra: What channels are most of your content distributed on? Is it social media? Is it Facebook? Peyman Nilforoush: We assumed the same thing, that most of it will be on Facebook. However, it’s very specific to the kind of content. For example, we have a lot of B2B clients. A lot of times
Sramana Mitra: It’s so disheartening to see all these great businesses go through a Death by Overfunding. I’ve written extensively about this. Mike Salguero: What’s funny is with this business, we haven’t raised any money. We are way bigger and way more successful. So much of the success and where we are right now is
Sramana Mitra: Are you talking about the category that Outbrain and Taboola have been in? Peyman Nilforoush: They are the ad networks. Sramana Mitra: They were in the business of propagating and pushing content.
Sramana Mitra: You are in Chicago and Warsaw? Stefan Batory: Today we have offices in San Francisco, Chicago, Orlando, Tampa, and San Antonio in the US. We have offices in Warsaw and a few other cities across the country. We are also in Sao Paulo, Johannesburg, and in Madrid. These are the markets that we
Entrepreneurs are invited to the 479th FREE online 1Mby1M mentoring roundtable on Thursday, April 2, 2020, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your
Sramana Mitra: What were the business metrics with that $500,000 and with that $1.2 million? How was the business moving? Mike Salguero: When we first bought the website, it was a subscription business where the maker would pay an annual fee to be on the website. We scaled it pretty well. We had a whole
Booksy CEO Stefan Batory started a software development company in Poland with a few other partners. Today, he’s running a high-growth, VC-funded SaaS + marketplace business in the US. Awesome journey! Sramana Mitra: Let’s go back to the very beginning of your journey. Tell us where you’re from, where you were born, raised, and in what