Candid Confessions of a Serial Entrepreneur, Ali Albazaz, Founder and CEO of Inkitt
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?
Books mentioned
Alchemist from Paulo Coelho
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