- Startups - SendGrid Startup of the Week #1 - Stephen Svajian of YBUY

1:00 Welcome everyone, I'm here today with the very first SendGrid Startup of the Week!

2:30 Thank you to SendGrid for their support of this program. Everyone thank @sendgrid!

4:00 On the program today is Stephen Svajain from YBUY. So what does it do?

4:45 Explain the $25/month fee model.

6:45 What's the reaction been to the sous vide product?

7:15 If I keep a product, does the $25 go toward the purchase price?

7:30 Why buy from you over Amazon?

10:30 These items are all pretty high-end. How do you choose them?

13:00 Are considered purchases the ones that work the best?

13:45 Who is the top vendor you're working with and what do they think of you?

14:45 How do you explain the value proposition to a startup like Jawbone?

16:45 Which single item has had the fewest returns?

18:45 How did you arrive at the 30 day trial period?

20:30 Does the customer have to commit to trying something every month?

22:15 Doesn't it cost money to ship big products like this?

23:15 What's the status of the business, are you raising money?

25:30 Have you raised an angel round?

27:00 What happens if Amazon goes into this business?

31:00 When will you put a product like a car on here?

33:45 It's got shades of the leasing craze of the 80s.

35:45 How do you know when you've won with this business?

36:45 I think it's a great idea and I'm going to try it. I wish you continued success, Stephen.

38:00 What did you pay for the domain name?

38:00 Thank you to SendGrid for supporting the show. We'll see everyone next Friday, for another installment of the Startup of the Week.

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FOLLOW ON TWITTER

Jason: @jason

Stephen: @ssvajian

YBUY: @ybuy

SendGrid: @sendgrid