Tabby Founders and Investment Challenges

The video introduces Tabby, a dating app for cat lovers, created to address the stigma faced by cat owners on general dating apps. The founders, Nathan, Sterling, and Lee, seek investment to improve the app's platform and expand its reach. They discuss the app's origin, challenges, and future plans. Despite initial setbacks, they secure a partnership with Kevin, who offers investment and access to a large cat owner database, promising a bright future for Tabby.

What is the primary reason the founders created Tabby?

• To help cat lovers find each other

• To provide a platform for dog lovers

• To create a social media app for pets

• To sell cat-related products

What unique feature does Tabby offer to its users?

• A section for dog lovers

• A community space called the Cat Tree

• A marketplace for pet products

• A video chat feature

What was the founders' previous venture before Tabby?

• A dog person's dating app

• A pet grooming service

• A cat food company

• A general dating app

What challenge did the founders face during the initial launch of Tabby?

• Negative feedback from investors

• Competition from other dating apps

• Technical issues with the platform

• Lack of interest from users

How much revenue did Tabby generate from subscriptions?

• $31,000

• $25,000

• $43,000

• $17,000

What was the proposed monthly subscription fee for Tabby?

• $9.99

• $14.99

• $19.99

• $24.99

What was the main reason for the founders seeking investment?

• To expand internationally

• To develop a new app feature

• To switch to a new platform

• To hire more staff

What did Kevin offer the founders in exchange for equity?

• $500,000 for 50%

• $400,000 for 40%

• $300,000 for 30%

• $200,000 for 20%

What advantage did Kevin's company offer to Tabby?

• A marketing campaign

• A partnership with a tech giant

• A large database of cat owners

• A large database of dog owners

What was the final decision made by the founders regarding Kevin's offer?

• They decided to seek other investors

• They accepted the offer

• They rejected the offer

• They negotiated for a higher valuation