Last week we had Joby, who is the c0-founder at join the conversation at I2E Knowledge Series.

Sharing the summary/ my notes from our conversation:

  • Joby started in 2006. prior to this he was working with Wipro
  • Started as a portal for freshers with interview tips and other related content - mostly content aggregation and the tech to support it. ran i like that for almost 3 years.
  • Freshersworld was a bootstrapped company even at the point of exit.
  • Their YouTube channel hit 1 million subscribers in 2019 (Feb) and received the golden button. This started in 2016, he had a small studio at the office and started creating 3-5 minute videos. The anchors were students from NIFT (Banglore); since their office was very close to NIFT.
  • The exit happened with help of investment bankers second time after failing to find a match in first attempt. Teamlease acquired Freshersworld in 2017. It took 9 months to complete the acquisition. Initially Teamlease acquired 30% stake in Freshersworld and 100% absorbed over 3 years (Completed in March 2020).
  • Joby exited the employee/ work commitment after 2 years
  • Joby has invested in a company called Natureloc. They were doing 1Cr + in revenue when he invested and Joby has been mentoring/ helping them since.
  • He has also co-founded another company since called Coolova with friends but stays mostly as a passive founder and investor.
  • He is looking  start all over again and doing the market research at this point in time.
  • He is also looking to work with companies - helping them / mentoring along with investing, especially in segments in which he has a forte - online space, internet, hr, recruitment.
  • One company he wish he co-founded : Ola
  • Favourite book: Rich Dad Poor Dad by Robert Kiyosaki

Sharing the full video below:

We've introduced I2E Podcast, you can listen to the conversation here :

I2E Podcast Cover Art