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Sep 9, 2020 · 16m · top-founders

Jiga3d Connects Engineers to Manufacturers, 30 Transactions at $2k each so Far

Yonatan Wolowelsky · 7m spoken Nathan Latka · 5m spoken Eric Yuan · 4s spoken Vivek Bhaskaran · 2s spoken
0:00 / 0:00

gold bands on the timeline = statements, start to end. Hover to read, click to jump. CC turns on captions

In this interview with Nathan Latka, Jiga co-founder Yonatan Wolowelsky discusses how his bootstrapped startup built an asset-light, on-demand manufacturing marketplace that connects mechanical engineers with global fabrication facilities using automated algorithmic quoting.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. Nathan holds 41.9% of the talking time here. How this is scored →

Nathan as informed peer 5.0 Guest teaching 3.0 Guest disagreement 1.2 Nathan pushing back 3.4
05100:0010:000:16–3:38 · Nathan as informed peer 3/10 GetLatka Subscription Feed Promotion and Features After an opening subscription promo, the host prompts the guest to explain Jiga3d's on-demand manufacturing concept. The guest shares the founding validation story and top-line transaction metrics in an agreeable, straightforward manner.3:38–5:49 · Nathan as informed peer 5/10 Transaction Mechanics and Workflow Breakdown The host breaks down the unit economics in real time, calculating that 30 transactions with 30% margin at $2k average order value equates to roughly $600 net revenue per order and $12k monthly run rate. The guest confirms the math and explains the ordering workflow.5:49–9:11 · Nathan as informed peer 5/10 Supply-Side Onboarding and Marketplace Dynamics The host presses the guest repeatedly to name specific supplier factories or comparable comps. The guest declines due to non-disclosure agreements but clarifies the scale of their Chinese and Israeli manufacturing partners relative to giants like Foxconn.9:13–13:05 · Nathan as informed peer 7/10 Sponsor Break: Design Pickle Unlimited Graphic Design Following a sponsor ad read, the host challenges the guest's claims of SEO-driven acquisition by pulling up live Ahrefs data showing only nine ranked keywords. The guest admits the content is only recently being published and defends their geographic positioning against competitor Xometry.13:06–15:47 · Nathan as informed peer 5/10 Fundraising Philosophy and Asset-Light Business Model The host brings up Xometry's $118M funding round and explores whether Jiga3d will raise venture capital. The guest contrasts Xometry's machine-owning model with Jiga3d's asset-light marketplace model inspired by Airbnb before completing the Famous Five rapid fire.0:16–3:38 · Guest teaching 2/10 GetLatka Subscription Feed Promotion and Features After an opening subscription promo, the host prompts the guest to explain Jiga3d's on-demand manufacturing concept. The guest shares the founding validation story and top-line transaction metrics in an agreeable, straightforward manner.3:38–5:49 · Guest teaching 2/10 Transaction Mechanics and Workflow Breakdown The host breaks down the unit economics in real time, calculating that 30 transactions with 30% margin at $2k average order value equates to roughly $600 net revenue per order and $12k monthly run rate. The guest confirms the math and explains the ordering workflow.5:49–9:11 · Guest teaching 3/10 Supply-Side Onboarding and Marketplace Dynamics The host presses the guest repeatedly to name specific supplier factories or comparable comps. The guest declines due to non-disclosure agreements but clarifies the scale of their Chinese and Israeli manufacturing partners relative to giants like Foxconn.9:13–13:05 · Guest teaching 4/10 Sponsor Break: Design Pickle Unlimited Graphic Design Following a sponsor ad read, the host challenges the guest's claims of SEO-driven acquisition by pulling up live Ahrefs data showing only nine ranked keywords. The guest admits the content is only recently being published and defends their geographic positioning against competitor Xometry.13:06–15:47 · Guest teaching 4/10 Fundraising Philosophy and Asset-Light Business Model The host brings up Xometry's $118M funding round and explores whether Jiga3d will raise venture capital. The guest contrasts Xometry's machine-owning model with Jiga3d's asset-light marketplace model inspired by Airbnb before completing the Famous Five rapid fire.0:16–3:38 · Guest disagreement 0/10 GetLatka Subscription Feed Promotion and Features After an opening subscription promo, the host prompts the guest to explain Jiga3d's on-demand manufacturing concept. The guest shares the founding validation story and top-line transaction metrics in an agreeable, straightforward manner.3:38–5:49 · Guest disagreement 1/10 Transaction Mechanics and Workflow Breakdown The host breaks down the unit economics in real time, calculating that 30 transactions with 30% margin at $2k average order value equates to roughly $600 net revenue per order and $12k monthly run rate. The guest confirms the math and explains the ordering workflow.5:49–9:11 · Guest disagreement 2/10 Supply-Side Onboarding and Marketplace Dynamics The host presses the guest repeatedly to name specific supplier factories or comparable comps. The guest declines due to non-disclosure agreements but clarifies the scale of their Chinese and Israeli manufacturing partners relative to giants like Foxconn.9:13–13:05 · Guest disagreement 2/10 Sponsor Break: Design Pickle Unlimited Graphic Design Following a sponsor ad read, the host challenges the guest's claims of SEO-driven acquisition by pulling up live Ahrefs data showing only nine ranked keywords. The guest admits the content is only recently being published and defends their geographic positioning against competitor Xometry.13:06–15:47 · Guest disagreement 1/10 Fundraising Philosophy and Asset-Light Business Model The host brings up Xometry's $118M funding round and explores whether Jiga3d will raise venture capital. The guest contrasts Xometry's machine-owning model with Jiga3d's asset-light marketplace model inspired by Airbnb before completing the Famous Five rapid fire.0:16–3:38 · Nathan pushing back 1/10 GetLatka Subscription Feed Promotion and Features After an opening subscription promo, the host prompts the guest to explain Jiga3d's on-demand manufacturing concept. The guest shares the founding validation story and top-line transaction metrics in an agreeable, straightforward manner.3:38–5:49 · Nathan pushing back 3/10 Transaction Mechanics and Workflow Breakdown The host breaks down the unit economics in real time, calculating that 30 transactions with 30% margin at $2k average order value equates to roughly $600 net revenue per order and $12k monthly run rate. The guest confirms the math and explains the ordering workflow.5:49–9:11 · Nathan pushing back 5/10 Supply-Side Onboarding and Marketplace Dynamics The host presses the guest repeatedly to name specific supplier factories or comparable comps. The guest declines due to non-disclosure agreements but clarifies the scale of their Chinese and Israeli manufacturing partners relative to giants like Foxconn.9:13–13:05 · Nathan pushing back 6/10 Sponsor Break: Design Pickle Unlimited Graphic Design Following a sponsor ad read, the host challenges the guest's claims of SEO-driven acquisition by pulling up live Ahrefs data showing only nine ranked keywords. The guest admits the content is only recently being published and defends their geographic positioning against competitor Xometry.13:06–15:47 · Nathan pushing back 2/10 Fundraising Philosophy and Asset-Light Business Model The host brings up Xometry's $118M funding round and explores whether Jiga3d will raise venture capital. The guest contrasts Xometry's machine-owning model with Jiga3d's asset-light marketplace model inspired by Airbnb before completing the Famous Five rapid fire.

speaking balance: gold is Nathan, purple is the guest (3 minute bins)

0:00 · Nathan 50% · guest 50%0:00 · Nathan 50% · guest 50%3:00 · Nathan 30.7% · guest 69.3%3:00 · Nathan 30.7% · guest 69.3%6:00 · Nathan 22.4% · guest 77.6%6:00 · Nathan 22.4% · guest 77.6%9:00 · Nathan 74.3% · guest 25.7%9:00 · Nathan 74.3% · guest 25.7%12:00 · Nathan 19.5% · guest 80.5%12:00 · Nathan 19.5% · guest 80.5%15:00 · Nathan 70.5% · guest 29.5%15:00 · Nathan 70.5% · guest 29.5%
Sharpest disagreement ▶ 12:11 Yonatan dismisses Xometry threat in local defense markets

Yonatan rejects the host's implication that Xometry dominates the market, arguing that international competitors have no foothold in local Israeli defense and medical sectors.

 Hardest push from Nathan ▶ 10:25 Nathan directly challenges content marketing claims

Nathan refuses to accept Yonatan's assertion of massive SEO traffic by citing Ahrefs data that shows only nine total indexed keywords for the domain.

 Biggest teaching moment ▶ 14:02 Yonatan explains asset-light marketplace economics

Yonatan educates the host on why competitor Xometry required massive capital to buy physical machinery, while Jiga3d operates as an asset-light aggregator similar to Airbnb.

 Nathan holds their own ▶ 10:25 Nathan cites third-party SEO analytics live on air

Nathan demonstrates investigative domain expertise by conducting a live keyword audit to test the guest's customer acquisition claims.
the scores for every segment, with the reasoning behind each
ChapterTopicNathan as informed peerGuest teachingGuest disagreementNathan pushing backWhy
GetLatka Subscription Feed Promotion and Features 3201 After an opening subscription promo, the host prompts the guest to explain Jiga3d's on-demand manufacturing concept. The guest shares the founding validation story and top-line transaction metrics in an agreeable, straightforward manner.
Transaction Mechanics and Workflow Breakdown 5213 The host breaks down the unit economics in real time, calculating that 30 transactions with 30% margin at $2k average order value equates to roughly $600 net revenue per order and $12k monthly run rate. The guest confirms the math and explains the ordering workflow.
Supply-Side Onboarding and Marketplace Dynamics 5325 The host presses the guest repeatedly to name specific supplier factories or comparable comps. The guest declines due to non-disclosure agreements but clarifies the scale of their Chinese and Israeli manufacturing partners relative to giants like Foxconn.
Sponsor Break: Design Pickle Unlimited Graphic Design 7426 Following a sponsor ad read, the host challenges the guest's claims of SEO-driven acquisition by pulling up live Ahrefs data showing only nine ranked keywords. The guest admits the content is only recently being published and defends their geographic positioning against competitor Xometry.
Fundraising Philosophy and Asset-Light Business Model 5412 The host brings up Xometry's $118M funding round and explores whether Jiga3d will raise venture capital. The guest contrasts Xometry's machine-owning model with Jiga3d's asset-light marketplace model inspired by Airbnb before completing the Famous Five rapid fire.

Statements from this episode (7)

Disclosure
Jiga hits 30 transactions since launch with $2K average order value
“We started this company in March. We launched in mid-April. We have 15 manufacturers. We have 10 customers. Five of them are returning. We have about 30 transactions since April, and average cost of order is about two K dollars, and we have about 30, 30% margi…”
Yonatan Wolowelsky Sep 9, 2020 ▶ 3:12
Assertion Not checkable as stated
Coca-Cola mechanical engineers use Jiga for prototype fabrication
“We have actually the mechanical engineering on Coca-Cola. They're working on a new prototype.”
Yonatan Wolowelsky Sep 9, 2020 ▶ 3:50
Disclosure
Jiga founders take zero salary and reinvest all revenue into marketing
“Everything we make from the platform, we put into the, into marketing. Most of it we don't withdraw salaries at the moment. We go completely bootstrap.”
Yonatan Wolowelsky Sep 9, 2020 ▶ 7:59
Prediction Not checkable as stated
Jiga aims to reach $100M in annual revenue within 3-5 years
“They make, according to the internet, they make about one hundred million dollar per year. So, we hope we can preach something like that in three to five years.”
Yonatan Wolowelsky Sep 9, 2020 ▶ 11:38
Disclosure
Most of Jiga's European and Israeli customers do not know Xometry
“We are operating mainly in Israel and in Europe, and most of our customers don't even know about Zometry.”
Yonatan Wolowelsky Sep 9, 2020 ▶ 12:22
Assertion Supported
Wolowelsky claims competitor Xometry owns its own manufacturing machines
“Xometry is a little bit different because they have, they are manufacturers themselves. So they have the machines themselves.”
Yonatan Wolowelsky Sep 9, 2020 ▶ 14:03
Insight
Jiga aims to be the largest manufacturer without owning any machines
“And we don't believe that we should own machines because Airbnb and booking, they're like the biggest hotel chain in the world. And we believe that we can be the biggest manufacturers without, without any machines.”
Yonatan Wolowelsky Sep 9, 2020 ▶ 14:26
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