Minds Behind Maps Luke Fischer: Who would want to start a Satellite Image Marketplace? SkyFi - #MBM70
Jul 20, 2024
Guest Luke Fischer, Co-Founder & CEO of SkyFi, talks about starting a satellite image marketplace, risks in entrepreneurship, building a user-friendly platform, industry evolution, predictive future insights, hiring strategies, and maintaining in-person interactions in a remote team setting.
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Startup Risk
- Starting a company is risky, but the risk is not financial ruin.
- The real risk is the potential for ego damage and the fear of being perceived as a failure.
Marketplace Challenges
- Marketplaces are hard to build, especially for satellite imagery.
- Convincing image providers and customers to use your platform is a major challenge.
SkyFi's Origin
- SkyFi started as a necessity due to the painful process of acquiring satellite imagery.
- The industry lacks understanding of product development and customer focus.