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SaaS Interviews with CEOs, Startups, Founders

They sold $400m in NFT's last month, made $8m, broke $200m valuation during Series A

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 30 May 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

The leading NFT Marketplace on Solana

Transcript

Click on a timestamp to play from that location

0:00.0

What makes a NFT takeoff?

0:02.6

Is it more unique holders, just higher per unit, sale price?

0:06.9

Like, rarity, what makes it work?

0:09.0

I think for OKBers, it's really about community, right?

0:13.4

It's about branding and community.

0:17.4

You are listening to conversations with Nathan Latka,

0:20.6

where I sit down and interview the top

0:22.6

SaaS founders, like Eric Wan from Zoom.

0:26.4

If you'd like to subscribe, go to getlatka.com.

0:30.5

We've published thousands of these interviews, and if you want to sort through them quickly

0:34.4

by revenue or churn, cack, valuation, or other metrics, the easiest way

0:39.0

to do that is to go to Gitlatka.com and use our filtering tool. It's like a big Excel sheet

0:44.0

for all of these podcast interviews. Check it out right now at GitLatka.com.

0:50.6

Hey folks, my guest today is Jack Liu. After monitoring the crypto space and recognizing its potential, particularly on Solana, Jack took the leap of starting out at FTX, one of the industry's leading exchanges where he worked within partnerships and corporate development. Following this, he decided to fill the gap in the market for a community-focused interactive NFT ecosystem and marketplace and launched Magic Eden, which is witnessed one of the

1:11.3

fastest paces of growth in crypto. Jack, you're ready to take us to the top? Absolutely.

1:16.3

All right. Fastest pace is a big statement. I have to ask you to back that up with data. What do

1:20.5

mean fastest? By what metric? Yeah, absolutely. Well, first of all, thanks, thanks a time for having me,

1:26.3

Nathan. Well, we started Magic Eden seven months ago. In that time, we've become the second largest NFT marketplace in the world. So this month, we're about to trade around four to five hundred million dollars of NFTs on a marketplace. And we're the fastest marketplace to reach cumulatively a billion

1:47.3

dollars in GMB traded.

1:49.3

So we did that in around four or five months.

1:51.9

That's amazing.

1:52.6

Cool.

...

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