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How Two Teenagers Built A $100M E-Commerce Giant 3 месяца назад

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How Two Teenagers Built A $100M E-Commerce Giant

We’re incredibly excited to release episode 4 of Australian startup original series - this time featuring the tale of 2 teenagers who built a $100M e-commerce giant: Instant 🟩 🛒 -- Our exclusive offer to our audience: Startups can get up to 6 months of Notion Business for free with all access to all the tools Kindling use’s to run our startup! Sign up at the link here - https://ntn.so/sachin&adam --- At just 17, Liam Millward started Instant out of a uni assignment. Their class‘ task? Get sales on Shopify. The issue he found? Everyone would add items to cart but rarely checked out. Passionate about solving this, he dropped out and started his technical co-founder hunt. Hundreds ignored an eager teenager, so why not recruit another teenager? In comes William Gao, 19-year old software engineer at WiseTech who’d lead the charge towards building a technology which converts abandoned carts to paying shoppers. 3 years later? Instant is a $100M company, has over 60 employees, a Sydney & NYC office, & recently raised $18M led by Humming Bird Ventures. But as you’ll see there’s lots to fill in between. Being rejected from Australia’s largest accelerator, then funded by it’s largest VC firm Why @ Niki Scevak just had to give @ liam and @ will capital Why Instant almost failed entirely 6 months in How Liam manages now 60 people at 21-years-old… Will’s advice on commanding respect and ignoring “the age conversation” How two teenagers with $2.2M in funding out-competed Bolt Checkout, who’d raised $400M! How to create a culture of performance (not just hype) Opening a NYC office & what it’ll take to reach their $1B goal We got inside access to their journey - and it’s one of the most intense, raw, and inspiring startup stories we’ve told so far. This is not a story about being young. As you’ll see listening to them, their performance makes that conversation go away pretty quickly. It’s a story about execution, clarity, velocity - and refusing to lose. --- Directed by Tom Duffy Edited by Jethro Castro -- Timestamps 00:00-02:27 Introduction 02:27-7:52 The Problem & The Teenage Partnership 7:52-14:04 Early Validation & Overcoming Rejection 14:04-15:45 Our Exclusive Notion Offer 15:45-20:07 Pivotal Shift to Velocity & Revenue Focus 20:07-23:38 Building & Scaling Core Products 23:38-29:11 Challenges of Teenage Leadership 29:11-34:48 Expansion to NYC, $1B+ Valuation --- None of this would be possible without our sponsor ‪@Notion‬ who both Instant & ourselves use everyday to plan product roadmaps, track OKR’s, investor updates, onboard new employees etc. To us, it’s our one source of truth and we’d be a different company without it. Not only that, but it’s companies like ‪@Notion‬ who want to see the Australian ecosystem get put on the map. It’s not just PR but they providing resources to make sure our startups are platformed. They believe in our mission of supercharging the stories of Australian startups and we’re proud to give our audience an exclusive offer on Notion Business. Startups can get up to 6 months of Notion Business for free with all access to all the tools Kindling use’s to run our startup! Sign up at the link here - https://ntn.so/sachin&adam --- JOIN OUR COMMUNITY LinkedIn 🚀:   / the-sachin-and-adam-show   🐦 X: https://x.com/Sachin_and_Adam 📸 Instagram:   / sachinandadam   LISTEN TO THE SHOW Spotify: https://open.spotify.com/show/3M29tMF... iTunes: https://podcasts.apple.com/au/podcast... About us We are two best friends, trying to build a community around in-depth interviews and short documentaries with the best minds in technology and startups. Through bold storytelling and candid conversations, we explore how visionary thinkers are shaping the future. The best way to support is subscribing, truly it makes all the difference for us 💙

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