Dumoya kept Selecteev's IP by giving former accelerator free lifetime access
Albin Dumoya · Side project accidentally hits $7k, when does he go full time? · Jun 18, 2022 · at 11:20
Albin Dumoya, founder of applicant evaluation tool Selecteev, discusses how he acquired full ownership of the internal tool he built while working at a French startup accelerator.
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“Basically the, when I left the company, the product was dying if I didn't take it. And so the deal was that I would take it and they would use it for free for life. And then I would do whatever I needed.”
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More from Albin Dumoya
Dumoya doubts Selecteev can raise venture capital due to small target market
“I'm not sure that Selective can go for fundraising, for example, because the market is pretty small and temporal.”
Selecteev's average customer pays about 200 euros monthly on standard plan
“Basically it's about 200 euros a month. That's the standard plan is the most used by far.”
Dumoya: Selecteev processed 10,000 to 15,000 candidates in April 2020
“I would say in total on our customers, I would say about 10 to 15,000, something like that.”