Sramana Mitra: The first year revenue was $800,000, and then how did that grow?
Diego Gomes: It started at $800,000, then it grew to $1.3 million to $2 million to $8 million. I would say between the year we grew our revenues from $2 million to $8 million was when we accelerated the most. We also started targeting outside of Brazil at that time.
>>>Sramana Mitra: Tell me a bit about your first client that was in the model that you found to be a possible success model. Who was that client? What were the circumstances? What did you do for that client? How did you get to the product-market fit?
>>>Sramana Mitra: Did you launch as a software company or as a marketplace?
Diego Gomes: I launched it as a software company. The first year was very challenging. Although we were having a little bit of success in selling to customers, the problem was that they were buying a content marketing platform, but they weren’t creating enough content.
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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.
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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?
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