David Tabachnikov, CEO of ScholarshipOwl, shares the inspiring story of how ScholarshipOwl became a pivotal platform connecting students with scholarships, aiding them in financing their education. With a robust engine processing over 150,000 signups per month, ScholarshipOwl has facilitated access to over a million dollars in scholarship revenue. Discover how ScholarshipOwl's innovative approach, leveraging AI and efficient matching algorithms, has not only supported students but also attracted major brands like Samsung. Dive into the world of ScholarshipOwl, a company that has impressively scaled its revenue from $3 million in 2020 to over $6 million, all while remaining completely bootstrapped.
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Timestamps:
0:00 - Introduction to ScholarshipOwl and its Impact
0:03 - How ScholarshipOwl Connects Students and Brands
1:13 - David Tabachnikov's Background and the Genesis of ScholarshipOwl
2:00 - Leveraging AI for Efficient Scholarship Matching
3:00 - The Growth of ScholarshipOwl: From $3 Million to $6 Million Revenue
4:22 - The Unique Business Model: Connecting Brands with Gen Z
5:01 - Pricing Model and Value Proposition for Brands
6:01 - Expanding the ScholarshipOwl Brand Portfolio
7:11 - The Subscription Model for Students and Its Benefits
8:00 - Strategies for Scaling to $10 Million Revenue in the Coming Year
9:10 - The Role of Non-Dilutive Capital in Scaling the Business
10:15 - The Future of ScholarshipOwl: Innovations and Growth Plans
11:00 - David Tabachnikov's Personal Insights and Entrepreneurial Journey
12:00 - The Importance of Bootstrapping and Strategic Growth
13:00 - ScholarshipOwl's Impact on Students' Lives
14:00 - Closing Thoughts and Future Outlook for ScholarshipOwl

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By the numbers.
See charts and graphs here: https://getlatka.com/companies/schola...

$3m revenue in 2020
$6 million in revenue in 2023.
Aiming for $10 million in revenue for the current year.
150,000 signups per month.
20,000 students are using the premium features.
$1.20 to $30 per application.
$300,000 Funding from Founder Path.
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Apply for funding from my $150m SaaS fund:
https://founderpath.com/

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