268. Wilfrid Obeng on How to Scale a $100M Startup and Choosing Abu Dhabi over Silicon Valley
Feb 10, 2025
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Wilfrid Obeng, Co-founder and CTO of AudioMob, shares his remarkable journey from Goldman Sachs and Google to the gaming startup world. He discusses how AudioMob is transforming in-game advertising with audio and why they opted for Abu Dhabi over Silicon Valley to scale their team. Wilfrid highlights critical leadership lessons, hiring strategies for a diverse workforce, and the challenges of startup life. Discover the unique dynamics of building a performance culture and navigating the evolving landscape of ad monetization.
AudioMob's innovative approach to audio ads enhances user experience and aligns with shifting monetization strategies amid privacy law changes.
Wilfrid Obeng emphasizes the importance of adaptable leadership and mentorship in navigating the transition from corporate to startup environments.
The company's growth in Abu Dhabi highlights its commitment to diverse talent acquisition and the need for a performance-driven culture.
Deep dives
Scaling Audio Advertising
AudioMob focuses on integrating audio ads into mobile games and applications, aiming to offer a user-friendly alternative to traditional video ads. This model enhances user experience by allowing ads to be heard without disrupting gameplay, a shift that has garnered increasing acceptance from developers. The company has experienced a notable increase in demand, moving from pitching to receiving inbound requests from game studios seeking alternative monetization strategies. This is partly due to declining eCPMs and evolving privacy laws that favor audio ads, which do not require extensive user data for effectiveness.
Team Growth and Structure
AudioMob has expanded its team significantly, growing from a small startup to a 19-member office in Abu Dhabi, supported by previous fundings. The CTO emphasizes the importance of building a robust structure within the company, enhanced by partnerships with tech giants like Google. As the gaming landscape is global, finding and accommodating diverse talent is a continuous effort, underscoring the challenge of meeting the monetization needs of various regions. This complexity requires constant adaptation and outreach to potential advertising partners to expand into new markets.
Adapting Leadership Styles
Wilfred Obeng’s transition from corporate settings at Goldman Sachs and Google to a leadership role in a startup highlights the necessity of adaptable management. His journey illustrates the importance of mentorship, which has provided valuable guidance and support throughout his career. Establishing a performance culture that respects individual contributions and circumstances has been a focus in his growing organization. With a diverse team, he stresses the need to communicate expectations clearly and promote ownership among all employees.
Developing a Supportive Culture
Creating a culture of openness and innovation is essential in AudioMob's fast-paced environment. This involves encouraging team members to express their ideas freely while also providing clear guidelines on workflow expectations. Wilfred emphasizes the vital role of learning from mistakes—not only as a leader but also in fostering a culture where feedback is welcomed at all levels. By promoting direct communication and valuing each member’s input, the company strives for collective growth and agility in adapting to change.
Future Aspirations and Challenges
Looking ahead, AudioMob is keen on diversifying its services beyond gaming to apps and smart devices, exploring potential in audio discovery. Wilfred acknowledges the unique challenges of leading a startup environment where adaptability and quick execution are paramount. Personal growth as a CTO remains a priority, as he aims to continually develop his problem-solving skills and leadership capabilities. By investing time into both the company and personal advancement, he aspires to not only navigate challenges but also seize new opportunities in the evolving audio advertisement landscape.
Wilfrid Obeng’s journey from Goldman Sachs and Google to gaming startup CTO is anything but typical.
In this episode, he breaks down how AudioMob is redefining in-game ads with audio, why they chose Abu Dhabi over Silicon Valley to scale their engineering team, and what it takes to transition from corporate structure to startup chaos. We dig into leadership lessons, hiring strategies, and the future of ad monetization—all from someone who’s been in the trenches. If you’re scaling a startup or rethinking monetization, this episode is a must-listen. 🎧🔥
www.linkedin.com/in/wilfridobeng
00:00 Wilfrid Obeng and AudioMob
04:51 From Goldman Sachs to Startup CTO
07:24 The Importance of Mentorship
13:40 Creating a Performance Culture
24:52 Life in Abu Dhabi: Work and Play
28:47 Hiring and Leadership in a Diverse Team
35:03 The Reality of Startups
37:10 Competing for Talent in Startups
39:05 Leadership Evolution and Challenges
42:07 The Importance of Company Culture
56:44 Living and Working in Abu Dhabi
01:05:01 Future Plans and Personal Growth
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