Welcome to our fourth episode of BIG IDEAS by NEW ECONOMIES - a show where we learn how the most iconic founders have turned crucible moments into global companies. Throughout these episodes, we also discover the trends our guests are most excited about, and the types of businesses those trends could go on to create.
This week’s guest is Matt Rouif, co-founder of Photoroom - the world’s largest photo editing tool, now surpassing 300 million downloads and generating $50M in annual revenue.
Throughout the episode, we discuss:
(0:00) Intro
(3:03) Landing First Users
(5:40) Localizing From Day One
(7:25) The First Product
(10:00) $2M Raised To $20M Revenue
(12:40) The COVID Impact
(14:55) Positioning Photoroom
(18:15) Market Opportunity
(20:00) The Iconic Moments
(24:45) AI Replacement or Enablement?
(30:00) The Future For Photoroom
(32:30) Matt's Trends
Grab a notebook and enjoy the episode!
Links
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