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Lucas Olmedo

Cofounder, Fligoo

Search every verified Lucas Olmedo interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Lucas Olmedo, cofounder of Fligoo, has discussed the company's origins and evolution in interviews and podcast appearances. He described how Fligoo began in 2013 as a gift-recommendation service that used Facebook data to analyze users' social networks, a project he started with childhood friend Juan and later cofounder Marcos. In a 2014 interview, he explained the company's business model, stating that Fligoo avoided advertising to keep its algorithm unbiased and instead charged partners a commission per sale. He also noted the company's broader ambition to apply its profiling algorithm beyond gifts. In 2021 appearances, Olmedo reflected on Fligoo's early challenges, including a failed funding round and Facebook's closure of access to friend data, which forced the company to pivot. He recounted raising $350,000 from San Francisco investors after the initial round fell through and described the company's shift toward advanced analytics and decision science for financial services and retail. He also spoke about the importance of learning from difficult experiences and expressed a preference for building a sustainable business over raising money frequently.

Recent appearances

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