Disclosure certainty 4/5 debate potential 1/5

Shalabi: IU Spent Around $500 on Google Ads Last Month

Ahmed Shalabi · Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission · Aug 7, 2021 · at 5:58

Ahmed Shalabi, founder of Egyptian seafood marketplace IU, breaks down his digital marketing acquisition costs with Nathan Latka.

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“I spent around 500 dollars.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Ahmed Shalabi

Assertion Not checkable as stated
Shalabi: Global delivery apps left Egypt after Talabat took entire market
“We were, we had global ones in our market, but they are, they quit Egypt because Talbot acquired all the market share entirely.”
Ahmed Shalabi Aug 7, 2021 ▶ 9:41 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
Assertion Not checkable as stated
Shalabi: Mainstream Delivery Apps Overlook the Seafood Market
“Seafood is not it's not a great focus for similar apps in the market. There is a clear gap we are making in delivering seafood.”
Ahmed Shalabi Aug 7, 2021 ▶ 2:29 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
Assertion Partly supported
Shalabi: Talabat charges restaurants around 35% commission per order
“They are asking them for around 35 percent on order.”
Ahmed Shalabi Aug 7, 2021 ▶ 9:17 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
Assertion Not checkable as stated
Shalabi: IU Seafood Marketplace Takes 15% Commission on 250 EGP Orders
“The average order size around 250 Egyptian pounds. And my commission is around 15% of this value.”
Ahmed Shalabi Aug 7, 2021 ▶ 4:03 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
Disclosure
Shalabi: Will Go Full-Time on IU After 3x-ing Engineering Salary
“Hopefully, when I, three X my day job salary.”
Ahmed Shalabi Aug 7, 2021 ▶ 5:09 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
Disclosure
Shalabi pays developer $500 monthly to rent IU marketplace software
“Mainly on the application itself, the developer, the development company, I am hiring, I'm renting the application from them with mostly fees 500 dollars.”
Ahmed Shalabi Aug 7, 2021 ▶ 11:09 Egypt Based Seafood Marketplace Launches, Does 70 Orders, Makes 15% Commission
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