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Fanfix's Cofounder On Selling His Company At 21
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2023Dec 6
Harry Gestetner is the Cofounder of Fanfix, a monetization platform for content creators extremely popular with millennial and Gen-Z audiences. Fanfix allows creators to earn revenue by posting exclusive content to paying subscribers. Its business model functions similarly to Patreon, but the app targets Gen Z influencers and fans. Fanfix was founded by Harry Gestetner and Simon Pompan. The two are high school friends and stayed in touch during college. They launched Fanfix in August of 2021 and the app generated revenue its first day. Harry sat down with Forbes Reporter Alex York at the Founder's Forum North America to talk about selling it at 22 and where they're hoping to go in the future. 0:00 Introduction 0:13 How Was Fanfix Born? 1:05 How Has Fanfix's Reception Been With Users? 1:55 Monetization For Content Creators Is Vital Now 3:28 Fanfix's Metrics To Thrive By 4:08 Funding And Selling For Fanfix 4:43 Why Did Harry Decide To Sell Fanfix? 5:56 Who Are Fanfix's Competitors? 7:26 The Biggest Challenges Of Running Fanfix So Far? 8:37 Biggest Change In Creator Market Lately 9:22 The Next 10 Years For Fanfix Subscribe to FORBES: https://www.youtube.com/user/Forbes?s... Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership... Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter:   / forbes   Forbes Video on Instagram:   / forbes   More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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