Rev1 Ventures hosted their Founder's Story monthly luncheon featuring Rapchat. Seth Miller, Co-Founder & CEO and Pat Gibson, Co-Founder shared their story of success that's to be continued. Listening to their journey had me appreciating the hard work and dedication that's needed to make an idea work. They've gone from Columbus, to Chicago, Silicon Valley, Los Angeles, New York and back to Columbus. Struggles at every stage with glimpses of potential while learning everyday what it takes to build a successful business. Seth said, "Timing has been incredible. Just when we'd think that we were at the end of it, something good would happen (funding) and we could go on."
One of their key learnings is that Engagement is what it's all about. It leads to growth versus the value of downloads. Their average user spends 20 minutes on the app. When asked about the threats from competitors, Seth said, "Community building is your advantage." Pat added, "Columbus is an awesome place!"