Rabi Gupta and Satwick Saxena, EvaBot - EvaBot Is…A Gifting Assistant…It Makes It Easy For Businesses to Send Gifts | #198

The Meb Faber Show - Better Investing

The Idea Farm

Management, Investing, Business

4.8 • 978 Ratings

🗓️ 22 January 2020

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In episode 198 we welcome our guests, Rabi Gupta and Satwick Saxena. Rabi and Satwick walk through the early days of EvaBot and how the pair started the company accidentally as a way to improve their networking efforts in Silicon Valley. As a result of some feedback, they launched their company, EvaBot. They discuss building the product from an idea, and deciding that a bot was the solution that would make the product work paired with some additional automation in their operations. Meb follows with some questions on EvaBot’s target market. Rabi and Satwick discuss traction in the real estate and mortgage industries, but feel there are other verticals that offer use cases for EvaBot. The conversation then transitions into the company’s experience with funding. The pair get into their seed round in 2017 and the growth they experienced after that round which served as validation of product market fit. As the conversation winds down, Rabi and Satwick dive into the process behind sourcing all of the great gift products they offer. All this and more in episode 198, including a can’t miss offer at the end of the episode from Rabi and Satwick. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Mebb Faver Show, where the focus is on helping you grow and preserve your wealth.
0:11.0	Join us as we discuss the craft of investing and
0:13.5	uncover new and profitable ideas all to help you grow wealthier and wiser.
0:17.2	Better investing starts here.
0:18.8	Met Faber is the co-founder and chief investment officer at Cambria Investment Management.
0:23.3	Did it industry regulations, he will not discuss any of Cambria's funds on this podcast.
0:27.2	All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion
0:31.1	of Cambria Investment or its affiliates. For more information opinion of Cambria Investment Management or its affiliates.
0:33.4	For more information, visit Cambria Investments.com.
0:39.6	Welcome, podcast listeners.
0:40.9	Today we have another episode in our podcast founder series where we
0:44.7	invite kick-ass entrepreneurs to chat about their experiences from the front lines of
0:49.0	starting a company. We cover everything from newly minted startups still struggling to make it out of their garage
0:54.4	all the way to the elusive unicorns that are either transforming traditional business sectors with innovative ideas
1:00.5	or creating entirely new ones through cutting edge technologies.
1:04.0	Either way, the result will be total catastrophic failure in bankruptcy,
1:08.0	or hundreds of millions of dollars of revenue,
1:10.0	and evaluation worth north of a billion dollars.
1:14.0	Listen in to hear the tales of blood sweat and tears
1:16.7	as these founders try to change the world.
1:19.2	As a disclosure reminder, I've invested in most,
1:21.7	if not all of these startups and will look to invest more as they
	...

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