))
Avi Schiffmann, 21, Pays $1.8 Million for Friend.com After Raising $2.5 Million Total
Manage episode 431681491 series 3561734
Content provided by Sturm Media LLC and Edward Sturm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sturm Media LLC and Edward Sturm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
E392: Avi Schiffmann, 21 years old, just spent 72% of his funding buying the Friend.com domain name.
Avi paid $1,887,843.00 to buy Friend.com.
And he spent $200,000 on a video from Sandwich Video.
This was a crazy gamble that is paying off - Avi and his video are going super viral.
But there’s more to the story than this.
I share Avi’s insane background - which he thoughtfully and consciously leveraged - and how Avi is secretly a master at branding.
Crazy story.
00:00 Buying Friend.com For $1.8 Million 00:39 The Video Gamble 01:27 Immediate Lessons 02:17 Avi Schiffman's Background 03:00 The AI Pendant - From Tab to Friend 06:04 AI Friend Concept 08:08 Funding and Valuation 13:12 Building and Branding 14:26 Final Thoughts
#startups #ycombinator #venturecapital #technews
The Edward Show. Your daily digital marketing podcast: https://edwardsturm.com/the-edward-show/
483 episoade
Distribuie
