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Validating B-to-C Business Ideas and Building to $40M Run Rate: Shaunak Amin, CEO of SnackMagic (Part 4)
Sramana Mitra: Customer acquisition was all Facebook ads? Shaunak Amin: Initially it was. We built the waitlist using Facebook ads. Then when we launched, the whole idea of group ordering means that there’s some virality in the product itself. We had this concept where one person could share a link. Those other people could become
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From Teen Student Entrepreneur in Australia to a Mature Global E-commerce Entrepreneur: Mike Rosenbaum, CEO of Spacer (Part 2)
Sramana Mitra: What was your business model? They gave you inventory on consignment and you sold it on eBay. What percentage did you take? Mike Rosenbaum: I think it was about 15%. We’re talking about high-value goods. Our average item was a couple of thousand dollars. Sramana Mitra: It was a substantial transaction size. You
9 Udemy Courses on How to Raise Pre-Series A Startup Funding
If you’ve never sought money for a startup, you may not be aware of how difficult it is. I know it first-hand, and thousands of entrepreneurs that I’ve advised throughout our 1Mby1M Accelerator would tell you the same. That’s why we are committed to educating each founder about how investors think. We do not want
553rd Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M
Today’s 553rd FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, November 11, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup All are welcome!
553rd Roundtable For Entrepreneurs Starting In 20 Minutes: Live Tweeting By @1Mby1M
Today’s 553rd FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 20 minutes, on Thursday, November 11, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup All are welcome!
Validating B-to-C Business Ideas and Building to $40M Run Rate: Shaunak Amin, CEO of SnackMagic (Part 3)
Sramana Mitra: How did you pick amongst those ideas? Shaunak Amin: It’s not so much about the idea. The idea is going to give me the starting point. I wasn’t married to one idea or the other. We created three or four landing pages with different messaging. One was around healthy food coming to your
From Teen Student Entrepreneur in Australia to a Mature Global E-commerce Entrepreneur: Mike Rosenbaum, CEO of Spacer (Part 1)
Mike started his journey as a 14-year old student entrepreneur, then built a $20M eBay PowerSeller business. Thereafter, he built a $100M e-commerce business. Today, he’s building a two-sided marketplace business. All from Australia. Wonderful story! Sramana Mitra: Let’s go to the very beginning of your journey. Where are you from? Where were you born,
Validating B-to-C Business Ideas and Building to $40M Run Rate: Shaunak Amin, CEO of SnackMagic (Part 2)
Sramana Mitra: Now we’re approaching the financial crisis right? Shaunak Amin: Yes. I could have stayed with ING, but there was another opportunity. There was a family office out of Hong Kong looking to open up in New York. I thought it’ll be a good opportunity. I ended up going there right around January 2008.
