My guest today is Ali Albazaz, founder of Inkitt, a data-powered platform for discovering hidden talents and turning them into globally successful authors. In this episode, Ali shares the typical journey of an entrepreneur - failed startups, multiple unsuccessful business models, and how he found product-market fit. Ali founded Inkitt in 2013 but it wasn’t until 2018 that he finally found product-market fit and scaled the company from 0 to $40M in less than 3 years.
Inkitt recently raised a series B of $59M from several tier 1 investors - NEA, Kleiner Perkins, Speedinvest, and others.
- [2:10] What motivates you and what makes you keep going one startup after another?
- [13:36] What makes Inkitt different from all the other self-publishing platforms?
- [18:30] Who are your readers and what is trending?
- [20:53] What was the turning point where growth took off?
- [24:34] How did you manage the downturns in the business?
What is The European Startup Show?
To inspire technology entrepreneurs in Europe with stories and practical strategies from other successful entrepreneurs.
If you are a CEO, founder, or work in sales or marketing, and your company is based in Europe or is looking to expand into Europe, then this podcast is for you.