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141: A Minimum Viable Approach for Entering New Markets | Patrick Llewellyn, CEO, 99designs

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Join us when Patrick Llewellyn, CEO, 99designs, traces the trajectory of the world’s largest online graphic design marketplace with an annual revenue run rate of about $60 million and approximately 121 FT employees in the US, Australia, and Germany.

Listen to the COMPLETE EPISODE Below (00:36:57)

“We’ve been reasonably undercapitalized, so that has been a very interesting journey for us. If you think about how our story correlates to those of other middle market businesses that perhaps haven’t taken on investment and have organically grown, I think we share some attributes there. We’ve had to be relatively conservative in the way in which we have thought about growth and the way we’ve invested in growth. We’ve learned a lot of lessons, we’ve done a lot of things. We talk about how there’s a minimum viable approach to entering new markets, and that’s something at which I think we’ve gotten quite good. We’re now in eight languages, we have a community of over a million designers, we’ve had customers from over 192 countries.” –Patrick Llewellyn, CEO, 99designs

Guest: Patrick Llewellyn, CEO

Company: 99designs

Industry:  Online Graphic Design 

Headquarters: Oakland, California

Ownership: Privately held

Contact: www.99designs.com  (Twitter) @99designs

 

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