Diego has built a terrific content marketing company from Brazil. He bootstrapped first, raised money later, and has recently acquired a sizable US company to scale. Excellent story! Sramana Mitra: Let’s start at the beginning of your journey. Tell me about your background. Where are you from? Where were you raised?
Sramana Mitra: You didn’t raise any financing? Is all this based on your personal investment in the advertising? Ammar Amdani: Yes. Sramana Mitra: What is the customer acquisition cost? Could you talk about how much you are putting into advertising? What kind of equation have you been able to achieve?
Sramana Mitra: How are you acquiring customers? Ammar Amdani: I can tell you about our brand strategy and how we differentiate ourselves from hundreds of competitors. On the outside, it seems like an overcrowded space because a lot of people are targeting the space.
This is a superb story of COVID-era entrepreneurship. Uplifting and thrilling! Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?
Sramana Mitra: The organic pull really drives the business? Mareza Larizadeh: The great majority of our active subscribers have joined organically. They have either heard about us or their friends have invited them to join the platform. Sramana Mitra: How did the revenue land? It was bootstrapped mode going from 2012 when you started this?
Sramana Mitra: Talk to me about the kind of experiences and the kind of people who started gravitating towards your platform, making this a financially viable business. Mareza Larizadeh: We started partnering with mom-and-pop shops to drive customers their way. We would structure offers. A dinner offer or a brunch offer for example, which we
Sramana Mitra: Tell me more about the genesis of the new company. Mareza Larizadeh: I’ve been coming to New York for a couple of decades now. When I graduated school, I spent a lot of time here for my job in early 2000’s. I was here a lot in the late 2000’s for my old
Sramana Mitra: How did that grow? Mareza Larizadeh: It went surprisingly well. We turned the shift around overnight. We had a lot of opportunities on the platform. We went ahead and built something that had 80% of the job description without giving away which company was recruiting.