Isaac Hayes III
- Founder and CEO at Fanbase
GetLatka interview
How Fanbase Reached Nearly 200,000 Downloads and a $20M Valuation With Creators Earning Over $300,000 (Interview with CEO Isaac Hayes III)
Isaac Hayes III (Founder and CEO of Fanbase) spoke to Nathan Latka on December 15, 2021.
Fanbase figures from the interview
- Valuation (Pre-Money) (2021)
- $20M
- Total Downloads (2021)
- 200,000
- Seed Raise (Start Engine) (2021)
- $3.5M
- Monthly Active Users (2021)
- 50,000
- Creator Earnings (All Time) (2021)
- $300,000+
“We raised about 3.4, almost $3,500,000, right at $3,500,000 at a 20,000,000 valuation.”
“fanbase takes 20% of all the revenue that comes through. So it it goes through in app purchases through the Apple App Store. So for every dollar, you know, Apple and Google take 30¢. We take 20 and we pass 50 on to the user.”
“In 2021, it was an hour and twenty five minutes.”
Bio
Isaac Hayes II is founder and CEO of Fanbase which raised $3.5 Million dollars in seed funding on StartEngine in May 2021. Fanbase is a new social media platform that monetizes social content for all users.