How a 3-Person Founder Team Beat Big Tech ㅣMangomint, Daniel Lang | EO
How a 3Person Founder Team Beat Big Tech ㅣMangomint, Daniel Lang Did you enjoy our recent interview with Tae Yoon, Partner at Altos Ventures? https://youtu.be/cTv113vtUy4?si=xHCxjuTRRtSwxbJ7 Following his insightful interview, we're excited to announce a new series in collaboration with Altos. Through conversations between Tae Yoon and Altos's portfolio companies, we'll explore how Altos's unique investment philosophy, discussed in Tae's interview, is applied in practice. This special podcast series will delve into what makes an investment truly valuable, what's crucial for startup growth, and how VCs and startups should build their relationships. In this fourepisode series, our second guest is Mangomint. Daniel Lang is Founder and CEO of Mangomint, a cloud software platform transforming the beauty and wellness industry. After a crosscountry roadtrip exploring over 30 U.S. States to understand common pain points in the industry, he deliberately chose to enter this highly competitive market, seeing intense competition as an opportunity rather than a threat. With $60M in total funding, Lang and his team are not content with being just another playerthey're on a mission to become the undisputed market leader in their space. Discover his secrets to winning against tech giants as a small but ambitious startup! 00:00 Intro 01:02 The Journey Before Mangomint 02:29 How to Find the Idea You Can Work on for 10 Years 03:44 Early Days: People Thought We Were Scamming Them 04:51 The Moment I Thought I Was Wrong 06:31 You Should Enter the Most Competitive Market 08:20 What Was the Smallest Niche? 09:34 What Was the Most Painful NO? 10:06 The Secret of Intuition for Building a Great Product 12:12 Be Involved in the Product 14:46 Why Did We Stop Being Bootstrapped 15:42 Pitch Meetings in the Early Days: IT SUCKS 16:34 Criteria for Selecting Investors 18:03 Advice I Would Give to My Past Self EO stands for Entrepreneurship & Opportunities. As we're looking to feature more inspiring stories of entrepreneurs all over the world, don't hesitate to contact us at partner@eoeoeo.net Twitter | @EO__Global LinkedIn | @EO STUDIO Instagram | @eostudio.official EO stands for Entrepreneurship & Opportunities. Follow the podcast & turn on notifications for new episodes. EO Socials: Twitter twitter.com/eostudi0 LinkedIn linkedin.com/company/eostudio Official Website eostudio.io EO School welcome.eostudio.io Disclaimer: This fanmade podcast is not affiliated with or endorsed by EO. All content rights and trademarks belong to EO. If you represent EO and have any questions or concerns, please don’t hesitate to get in touch. ---- ------ Keywords: startup failures, startup funding, unicorn companies, startup stories, startup journey, venture capital, tech entrepreneurship Learn more about your ad choices. Visit megaphone.fm/adchoices
