Kyle Fernandes CEO & Co-founder of MemeChat on building the ultimate social network to revolutionise the world of memes!

Make Memes Earn Money!  Today my guest is Kyle Fernandes CEO & Co-founder of MemeChat. Founded in 2019, it is a platform that allows users to create viral memes and get rewarded for them. So in this episode he talks about how he came up with the idea. Talks about being a hyper growth startup (25 million memes , 6 million downloads, 1.3 monthly active users). Talks about how he designed & developed the app from scratch. Talks about getting funding from 500 Startups. Next he talks about a new NFT marketplace he is creating called  - MemeClub, so anyone can buy and sell memes globally. He talks about  scaling, the business model, Meme marketing,  viral content, being confident and key metrics -( Daily active users) He talks about giving users a solid reason why they should download the app. Creating an acquisition and distribution channel. And finally he talks about his favourite memes and how to get your meme to go viral   and much much MORE!In this conversation we also talk about:Fundraising advice - be patient!Reaching millions of people on a daily basisThoughts on Shark TankBeing a entrepreneur at the age of 15Getting 50x rejections from VC and then turning down 50 x VC's!Getting approached by major brands to do meme marketingSetting up 600+ pages on FacebookNo other company was doing this!Bringing technology and memes together.Creating value for creatorsWhy memesCreating a memechat keyboardand much moreLinkshttps://memechat.app/P.Sif you need something to do during these challenging and difficult times and want some inspiration and need some creativity. check out Skillshare. Skillshare is an online learning community with thousands of classes in design, business, tech, and more. Anyone can join the millions of members in our community to learn cutting-edge skills, network with peers and discover new opportunities.Try Premium free for 2 months and access all my classes!https://www.skillshare.com/r/user/neilpatelmusic by Punch Deck. https://open.spotify.com/artist/7kdduxAVaFnbHJyNxl7FWV  The Indian Startup Show is hosted and produced by Neil PatelConnect with me: https://www.linkedin.com/in/neilpatel2/If you enjoyed this episode, please subscribe, leave a review, and share it with someone who needs to hear it.Listen and Subscribe to More Episodeshttps://www.indianstartupshow.com/Music by Punch Deck.https://open.spotify.com/artist/7kdduxAVaFnbHJyNxl7FWV