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🕰️ Timestamps:
Founders Pitch:
00:00 Welcome to Pitch Me Note: The Startup Pitch Podcast
00:12 Introducing Today's Guests and Startup Focus
00:42 Diving Deep into SoMin: The AI-Powered Ad Tech Platform
01:25 Exploring the Core Problem SoMin Solves
01:51 Target Customers and Product Offerings
02:44 SoMin's Traction and Funding Journey
04:14 The Founder's Journey: From Developer to CEO
05:52 Achieving Customer Savings and Business Metrics
07:50 Customer Acquisition Strategies and Sales Cycle Insights
09:36 Leveraging Technology for Competitive Advantage
10:53 Funding Goals and the Vision for Growth
14:44 Transforming the Advertising Industry: A Visionary Goal
16:46 Staying Ahead in the Fast-Paced Ad Tech Landscape
19:31 Navigating Data Challenges in Marketing
19:45 The Importance of Staying Relevant and Innovative
20:19 Addressing the Rising Costs of Customer Acquisition
21:12 Strategic Ad Scaling and Performance Marketing Insights
VC Debrief of the Startup:
21:58 Post-Pitch Debrief and Analysis
22:09 Evaluating the Problem Statement and Market Fit
25:54 Investor's Perspective on Ad Tech and Team Dynamics
35:20 Final Thoughts and Investment Considerations
💡 Summary :
In this episode of PitchMeNot, host Rahul and VC Michael Blakey explore SoMin, an AI-powered SaaS marketing platform founded by Alex Farseev. SoMin optimizes digital advertising and competitor monitoring, reducing costs and boosting sales. They discuss SoMin's journey, product offerings (SoAds and SoMonitor), market fit, traction, funding history, and future aspirations, including potential IPO or acquisition. The episode concludes with a VC debrief, evaluating SoMin's pitch clarity, team strength, product differentiation, and growth plans.
🍿 Watch next:
🔗 Connect with Michael Blakey (Managing Partner, Cocoon Capital):
🤝 LinkedIn : https://www.linkedin.com/in/mblakey/
🔗 Connect with Aleks Farseev (Founder and CEO of SoMin.ai):
🤝 LinkedIn : https://www.linkedin.com/in/aiprof/
🔗 Follow us:
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💌 Connect with Rahul:
🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/
📩 Email : rahul.thayyalamkandy@gmail.com
🐣 Twitter : https://twitter.com/rahul0720?s=21&t=mpd1qGk94D3U-oOAj5vgjA
📍 About:
Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.
