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Steven Galanis

👤 Person
594 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

Well, of course we want good ideas coming, coming to get surfaced. Right. And you know, it's funny, I was in a product review yesterday for this product called broadcast DMS that we're rolling out. And one of the ideas that we had, so, you know, imagine an algorithmic list, social feed.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

Well, of course we want good ideas coming, coming to get surfaced. Right. And you know, it's funny, I was in a product review yesterday for this product called broadcast DMS that we're rolling out. And one of the ideas that we had, so, you know, imagine an algorithmic list, social feed.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So basically if you follow anyone that follows you on cameo, Ryan, like you could send them a mass message that appears in a one-to-one DM thread and let it start having like a personal conversation with them. So we're really excited about that. One of the killer features we're thinking about is the ability for the talent to actually own, not rent their audience.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So basically if you follow anyone that follows you on cameo, Ryan, like you could send them a mass message that appears in a one-to-one DM thread and let it start having like a personal conversation with them. So we're really excited about that. One of the killer features we're thinking about is the ability for the talent to actually own, not rent their audience.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So right now, like you're following on Instagram, you're following on Facebook, you're following on Twitch or YouTube, like the platforms own your followers. You just kind of rent them.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So right now, like you're following on Instagram, you're following on Facebook, you're following on Twitch or YouTube, like the platforms own your followers. You just kind of rent them.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

But like, what if like we actually gave you like radical ownership and you could take anyone that followed you and export, you know, export their you know, their, their email or their phone number, their birthday to a CSV and like use that in whatever directive fan rails you, you think is best to go cultivate your network.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

But like, what if like we actually gave you like radical ownership and you could take anyone that followed you and export, you know, export their you know, their, their email or their phone number, their birthday to a CSV and like use that in whatever directive fan rails you, you think is best to go cultivate your network.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So we were talking about this yesterday and, you know, we were really thinking about, okay, if we were to do this, like what are the critical things of information? Like you want the name, you want the email, you want the phone number, you want the zip code, you want the, you know, you want, you want their birthday, but like, like, do you really need email and phone number?

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So we were talking about this yesterday and, you know, we were really thinking about, okay, if we were to do this, like what are the critical things of information? Like you want the name, you want the email, you want the phone number, you want the zip code, you want the, you know, you want, you want their birthday, but like, like, do you really need email and phone number?

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

Like, so it's just constantly, cause every time there's another field, you're going to have drop off. So, you know, we ended up getting to a really elegant solution where, you know, three of those

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

Like, so it's just constantly, cause every time there's another field, you're going to have drop off. So, you know, we ended up getting to a really elegant solution where, you know, three of those

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

six things that we said were critical are like what we decided to move with in an mvp and then later you can always add add more information on or complete your profile in a deeper way have you had any that's not the right way to ask the question this idea of radical ownership of your audience

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

six things that we said were critical are like what we decided to move with in an mvp and then later you can always add add more information on or complete your profile in a deeper way have you had any that's not the right way to ask the question this idea of radical ownership of your audience

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

Well, number one, the business model, our business model is really different from TikTok and Instagram and Snapchat. We do not have an ad-based revenue model. So for those platforms, they monetize on DAUs, MAUs, and basically selling their user data. The talent or the creators make the content for free, and then they sell ads against it to advertisers.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

Well, number one, the business model, our business model is really different from TikTok and Instagram and Snapchat. We do not have an ad-based revenue model. So for those platforms, they monetize on DAUs, MAUs, and basically selling their user data. The talent or the creators make the content for free, and then they sell ads against it to advertisers.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So they are always going to be an advertiser-centric model, and the talent are – the deal they basically make with the talent is, hey, use our platform. You're going to get famous, but then we're going to sell – and if you get really famous, you can make money doing other shit. Like that's basically how it works is the –

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

So they are always going to be an advertiser-centric model, and the talent are – the deal they basically make with the talent is, hey, use our platform. You're going to get famous, but then we're going to sell – and if you get really famous, you can make money doing other shit. Like that's basically how it works is the –

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

The red share that comes from any, like any of that on TikTok or YouTube, it's, it's, it does not, you cannot support yourself unless you are like the biggest person in the world on the platform. So that's kind of the, so then what happens? Like you sell merch, you go on Cameo, you, you know, have a subscription on Patreon or OnlyFans. Like that's how you monetize.

Finding Peak w/ Ryan Hanley
How I Built a $1B Business – Cameo CEO Steven Galanis

The red share that comes from any, like any of that on TikTok or YouTube, it's, it's, it does not, you cannot support yourself unless you are like the biggest person in the world on the platform. So that's kind of the, so then what happens? Like you sell merch, you go on Cameo, you, you know, have a subscription on Patreon or OnlyFans. Like that's how you monetize.