The Financial Mentor with David Boyar

Why did Appster Fail? w/ Mahesh Gupta (Appster CFO)


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What's the point of getting big?


Appster grew. Fast. Very fast. Then it failed.


In this interview with Appster CFO Mahesh Gupta you will learn:-


·      Why it’s important that your CFO has influence in your decision making - Appster didn't. Their CFO was in India and whilst technically competent and could see the writing on the wall, failed to mentor the business through the troubled waters ahead.

·      What reports founders Mark McDonald and Josiah Humphrey received to make sure their company was growing and performing properly

·      Why the decrease in Australian Property prices reduced Appster's potential client pool

·      The differences between the cash flow you can expect from startup and enterprise clients

·      Why you should price in how long it takes for your customers to make decisions whilst being serviced

·      Why bloody hard work, 18 hour days and genius marketing lead to Appsters growth.

See omnystudio.com/listener for privacy information.

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The Financial Mentor with David BoyarBy David Boyar