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Arto Minasyan

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

But I realized that the current situation is very different in the market, so you need to be in a rush, you need to add more features.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

On the other hand, I think the best startups always find that with one big use case,

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

solve it entirely, make people really love their product before they start scaling the product with different features.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

So that was our strategy.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

We even had a motto saying, one button, no noise.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

So basically all the features that we had in app was just one button, right?

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

You click it and the noise disappears.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

And all our marketing product, everything was just around this simple, but very powerful solution.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

Before we got to the point that we felt that we have resources to scale the product and the business.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

The company is all about people, and we were fortunate enough to find very talented engineers and PhDs in Armenia.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

I did a PhD in mathematics.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

I had a lot of connections in the scientific sector.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

So we recruited a couple of people from academia to work on our core technology.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

and then like some talented backend and app engineers joined the company.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

And I think this is like an unfair advantage for a startup building the company outside of US when you are not competing, let's say with Google for the world, and you can hire like the best talent in your local community, in your country, and then do like breakthrough with a few people, which gives you like a chance to build like a big business.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

And then when you already have some traction, it's much easier to attract more capital, more talent and so on.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

But it becomes like a working machine.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

But at the beginning, I think we were fortunate to start from Armenia and attract very talented, world-class people just because we were like one of the most interesting companies and products in the market to work for.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

This episode is sponsored by Mesmo.

Code Story: Insights from Startup Tech Leaders
S12 E4: Arto Minasyan, Krisp.ai

Scalability is a super important concept for a startup because startups is all about the scale.