4.6 • 683 Ratings
🗓️ 14 September 2019
⏱️ 16 minutes
🧾️ Download transcript
Founded digital-agency Vuzum in 2008, after CS graduation. Doing work for US Navy, H&M and Four-Seasons we stumbled upon the pain of code reusability across projects (by anyone, without technical skills). We built an MVP back in 2015, closed the agency a year later and doubled down on Widgetic.
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0:00.0 | launched Wajetic back in 2015. They started working on it. |
0:02.5 | 2016 full-time. They're now doing eight grand per month. Right now, they're just basically building |
0:06.8 | as developers, apps for Shopify, Weebly Wicks, these marketplaces. They get their developer cut. |
0:11.1 | That's how they get eight grand per month. That's up from 4K per month just a year ago. |
0:14.5 | They're bootstrapping this. Their ultimate vision is to basically help companies that want to have their own app exchange launch a white label version of these app exchanges. |
0:22.1 | They'll then get paid on a kind of per install basis. |
0:25.0 | Hello, everyone. |
0:25.5 | My guest today is Andre Potarach. |
0:27.4 | He founded a digital agency called Vezum in 2008 after his CS graduation. |
0:31.9 | He then did work for the U.S. Navy, H&M, and four seasons, and then stumbled upon the |
0:37.1 | pain of code reusability |
0:38.2 | across projects by anyone without technical skills. He built an MVP back in 2015, closed the agency |
0:43.2 | a year later, and doubled down on what he's building today, which is called Wodgetic. All right, |
0:47.4 | Andrea, you're ready to take us to the top? Yes, man. All right, tell us about the company. So what does Wodgetic do and how do you make money? What's your revenue model? |
0:55.6 | Sure. So we are building an easy-to-deploy app store for web publishers. And we are pure SaaS play, basically. But we work as a marketplace, right? So on one side, we have, you know, developers building these apps. And then on |
1:13.3 | the other, we have platforms to which we distribute the apps and we charge on a monthly or yearly |
1:18.0 | basis. Okay. And who are you charging the developers or the businesses that launched the app store? |
1:23.7 | No, so we charge, the plan is to charge the platforms that we integrate with. |
1:29.0 | And then we have to split the revenue with, you know, the developers that are building on our platform. |
1:33.7 | Okay. So you said the plan is. Are you pre-revenue today? |
1:37.1 | We are not pre-revenue. We are doing things that don't scale, basically. So we ourselves in order to build, you know, the tools for developers. We act as |
1:45.5 | a developer ourselves. We build the tools. And then we distribute those in different, you know, |
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