DeCruz: No regrets about 50-50 co-founder equity split at Maynu
Aaron DeCruz · He sold his bakery to launch software for Restaurants, $36k in revenue already · Jul 10, 2022 · at 9:55
Aaron DeCruz, founder of restaurant ordering platform Maynu, discusses co-founder equity allocation and dispute dynamics with host Nathan Latka.
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“No, not at all.”
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More from Aaron DeCruz
DeCruz: Maynuu makes 10,000 MYR monthly in Malaysia, $500–$800 in Singapore
“So in Malaysia, we're doing a average 10,000 ringgit per month. And in Singapore, we're doing an average of five to 800 dollars a month.”
DeCruz: Only about 10% of Maynuu restaurant signups are daily active
“So I think only about 10% are active users, and what we mean by active is they're getting daily sales.”
DeCruz: Cold Instagram DMs and word-of-mouth drive Maynu's customer acquisition
“So currently the one that works best is cold outreach. I do a lot of cold DMS on Instagram. And but apart from that, it's a lot of word of mouth referrals from people that I know, my friends and people that have signed on, they tell other people as well.”
DeCruz: Maynu charges an 8% platform fee on all restaurant transactions
“We take a percentage platform fee. On the, on every transaction. So it's eight percent.”