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SaaS Interviews with CEOs, Startups, Founders

1303 Ebay to Amazon Dropshipping Arbitrage CEO Makes $5.4M

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 17 February 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

Max Kolysh is a serial entrepeneur and investor. After graduating early from MIT with a degree in Computer Science, Max started Zinc.io (YC W14), a 20 person startup in SF which now powers tens of thousands of ecommerce companies around the world.

Transcript

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0:00.0

grind won't stop pricing arbitrage really between ebay and amazon launched company many years

0:04.3

ago now doing you know did it uh about four million bucks in revenue between 2017 2018 from

0:09.2

2018 to 2019 grew up to about 5.4 million bucks in revenue their number one product is called

0:13.2

price yak again helping sellers identify sellers identify drop shipping arbitrage opportunities

0:17.8

but a thousand customers using the platform today as they look to scale.

0:21.1

They're profitable.

0:21.8

Only $400,000 raised.

0:23.4

Team of 17 in San Francisco as they look to scale.

0:26.8

This is the top entrepreneurs podcast where founders share how they started their companies and got

0:33.4

filthy rich or crash and burn.

0:42.0

Each episode features revenue numbers, customer counts,

0:48.6

and other insider information that creates business news headlines. We went from a couple hundred thousand dollars to two point seven million. I had no money when I started the

0:52.1

company. It was a hundred and sixty million, which is the size of any IPOs.

0:56.1

We're a bit strapped.

0:57.0

We have like 22,000 customers.

1:00.9

With over 5 million downloads in a very short amount of time,

1:05.2

major outlets like Inc are calling us the fastest growing business show on iTunes.

1:10.1

I'm your host, Nathan Latka, and here's

1:12.8

today's episode. Hello, everyone. My guest today is Max Cole. She's a serial entrepreneur and

1:18.1

investor. After graduating earlier from MIT with a degree in computer science, he started zinc.

1:22.2

dot I.O. That was YC. Winter 14, a 20-person startup in San Fran, which now powers tens of thousands

1:27.3

of e-commerce

...

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