EP 167 : Building for the Next Generation - Kyle Fernandes (Co-founder & CEO, MemeChat)

Kyle is the co-founder and CEO of MemeChat, a social app made for memers by memers. In this episode Kyle spoke about how he convinced his parents when he started out building MemeChat, how he went from an idea to a product and to a company, their NFT Marketplace, the nuances of building for millennials and GenZ in his conversation with Roshan Cariappa. Topics: 00:00 Introduction 01:10 How Kyle sold his startup idea to his parents 02:38 Kyle's experience of Meme economy 04:05 Going from idea to product to company with MemeChat 09:56 Are people losing interest in creating for big tech platforms? 11:02 What is MemeChat and who is it for? 13:11 How do you engineer bots to be funny? 14:50 MemeChat's NFT Marketplace 17:13 Nuances of building for the Millennials and GenZ 18:13 Scaling to 100mn+ users 20:03 How do you Scale content 21:17 Customer acquisition strategy 22:38 Working with OTT platforms 23:41 MemeChat in the next 18-24 months 25:07 Developing a mindset for sustainable growth  26:53 Insights for new consumer tech entrepreneurs 28:43 How is Kyle preparing for the next leap at MemeChat 30:55 Creating a category 32:52 Dealing with failure 34:55 Keeping up with evolving audiences 36:03 Books and Podcast recommendations ------------------------------------- Click here to get regular WhatsApp updates: https://wa.me/message/ZUZQQGKCZTADL1 ------------------------------------- Connect with Kyle : Linkedin: https://www.linkedin.com/in/kyle-fern/ Twitter: https://twitter.com/kyleandfern ------------------------------------- Connect with Us:  Linkedin: https://www.linkedin.com/company/startup-operator ​Twitter: https://twitter.com/OperatorStartup​​ ------------------------------------- If you liked this episode, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode! --- Send in a voice message: https://anchor.fm/startup-operator/message