From 18 Months Flat to 50% Growth: Why Simply Chose Profit Over Growth | Yuval Kaminka on Invested
Yuval Kaminka, co-founder and CEO of Simply (formerly JoyTunes), on nearly running out of money, losing his co-founder Roey Izkovsky, and taking on Duolingo with an app that teaches piano, guitar, singing, and drawing. On this episode of Invested, Michael Eisenberg talks with Yuval about the moment Simply ran out of money and even its own investors believed it wouldn't survive. They get into why that near-death experience shaped the company, how it fired a third of its staff and shared the bank account with every employee, and how Simply grew to millions of users. They also talk about the last…