Sramana Mitra: Talk to me about ROI. Supposing I am Daily Mail and I have a huge inventory. I have 100 million readers. What is your proposal to me? What can you do to my site? In terms of monetization, how much can you deliver? If I gave you access to my full inventory, what
Sramana Mitra: The thing that I keep saying in our business is that hyper growth is not a natural state. Steady growth is much more achievable than hyper growth. If you set yourself up for a situation with venture capital financing, where you have to, your definition of success is hyper growth. You’re setting yourself
Sramana Mitra: What happens in 2015? David Kashak: In 2014, I started to look for more interns. I was able to get a few more interns. I really liked one of them, who became my first full-time employee. The product that we were building was a native advertising product. We built that with publishers in
Sramana Mitra: Let me summarize what I heard and you tell me if I got this right in terms of the key strategies that worked for you. You went after smaller publishers and accumulated a good amount of mobile inventory that was a collection of small sites. You went after advertisers who wanted to run
Sramana Mitra: What form factor would that be in? If you could provide something, you must have had a hypothesis of what that must look like? David Kashak: Basically, I thought about developing a platform for them. Using that platform, they can easily create native units for their mobile sites. It’s going to be something
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Extraordinarily tight, disciplined strategy and execution has enabled David to build a tremendously fast growth company with a small team. A lot to learn! Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in
Sramana Mitra: What was the inflection point? I remember there was a channel-based inflection point that you were able to hit upon as well, right? Dan Stewart: It was the introduction of the custom-writing services that caused the spike in our revenues. Instead of providing a single message that they can send once per month,
Sramana Mitra: Talk a bit about the ramp in customers. What was the first year and how did it grow from there? Dan Stewart: In the first year, we ended up with tens of clients from the real estate coach who was talking about our service. Somehow, a very prominent real estate agent up in