Boardroom Club

Fizz CEO: We Build a Real Social Network | Builders Series


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Watch our exclusive interview with Teddy Solomon, Co-Founder and CEO of Fizz.


Meet the story of Fizz - a #SocialNetwork operating across 700+ US campuses, built to bring the social part back.


We started by discussing the '99% of life' you’re more likely to see on Fizz than anywhere else - from failing an #exam, to figuring out which #party to go to tonight, to selling your #bike on campus.


We then explored their #expansion strategy, including products like #GlobalFizz, which extends the social experience even after graduation.


With Fizz ads generating a 3%-18% #CTR, we dove into what drives that success - from working closely with #brands students love like Perplexity, Quizlet and Sony, to carefully crafting #ads that add value without inundating the feed.


Another interesting point was their operational #discipline: keeping the majority of their $25M #SeriesB still in the #bank, running a lean team of ~30 employees, and spending very little on #marketing.


Lastly, we discussed their decision to #relocate from SF to #NYC, where it’s easier to build a startup today? how user #behavior has changed over the last five years? and their latest product addition - #FizzMarketplace.


And guess Teddy’s alternate-universe #profession? 🏪👨‍🍳🍳


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Interviewers: Yossi Garmazi & Amado Vargas IV.


#tech #social #startup #entrepreneur #pancake

Chapters:

00:00 Intro

00:44 Fizz's Beginnings

03:10 Sports Journalism Background

05:30 How Fizz helps Consumers

07:07 Global Fizz

09:18 Selecting Ad Partners (Monetization)

11:29 Maintaining and Balancing Growth

13:34 Early Monetization Mistakes?

15:52 Transition from SF to NYC

20:04 Any difficulties in Changing Location?

21:31 "Bringing Social back to Social Media"

24:45 Any Surprises in User Behavior?

26:24 Building Independently/Organic Growth

28:48 Impactful Mentor?

30:45 Personal Hobbies

32:23 Alternate Career Path?

33:40 Favorite Movie!

...more
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