#9 → Justin Potts: A Marketplace for Human Potential
Worth24 Feb 2020

#9 → Justin Potts: A Marketplace for Human Potential

Justin Potts, co-founder and CEO of Avenify, joins Ethan to discuss their innovative lending platform for income share agreements. The marketplace allows top college students to finance their education debt-free, backed by investors who earn a return when they succeed.

Before launching, he and his co-founder Timo spent 3 months RVing to different colleges across the country. Hear how that's impacted the product, why they've largely eschewed the venture route and where they see tremendous opportunities to grow.


[3:31]: How Justin and Timo have leaned on angels, savings and crowdsourced funding for Avenify

[9:22]: Growing up in Texas, building apps and meeting his co-founder in college

[16:36]: Why they think nursing students are a perfect fit for their product

[19:58]: Joining the Product Hunt mafia

[22:54]: RVing across the country to hear students' stories and understand the market

[25:21]: Transparency, adverse selection and other common ISA concerns

[32:21]: Justin's affinity for a good startup story


Worth website - worth.carrd.co

Avenify website - https://avenify.com/

Republic website - https://republic.co/avenify

Justin's Twitter - https://twitter.com/PottsJustin

Recommendations - https://www.notion.so/book-podcast-recommendations-59abba1db1db4fc2b9b9a4e08edb0b24

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Episoder(22)

#23 → Natasha Mascarenhas: Stories Worth Telling

#23 → Natasha Mascarenhas: Stories Worth Telling

As a reporter at TechCrunch, Natasha Mascarenhas writes about early stage startups. She joined us to talk the future of media and higher education, asking more thoughtful questions, and telling better...

9 Jul 202026min

#22 → Charlie Feng: What's the Next Bicycle?

#22 → Charlie Feng: What's the Next Bicycle?

Charlie Feng is the Co-Founder of Clearbanc, the fastest, most affordable way for founders to fund their business and the biggest investor of eCommerce businesses in the world. Previously, he spent ti...

20 Mai 202026min

#21 → Stephanie Bowker: Start With Why

#21 → Stephanie Bowker: Start With Why

Stephanie Bowker is the Head of Marketing at Spendesk, one of the fastest growing Fintech startups in all of Europe. Previously, she was the first Product Marketer at Gusto and during her time at Intu...

25 Apr 202020min

#20 → Erika Hairston & Arnelle Ansong: 1 Million New CS Grads

#20 → Erika Hairston & Arnelle Ansong: 1 Million New CS Grads

Erika Hairston and Arnelle Ansong are the co-founders of Edlyft (YC W20). While they pieced together their own support systems as CS majors, they're building Edlyft to provide structured mentorship fo...

19 Apr 202029min

#19 → Tim Harsch: Owler

#19 → Tim Harsch: Owler

Tim Harsch is the CEO and Co-Founder of Owler, a business insights company bringing transparency to private businesses around the world. After joining the company as an Associate Product Manager out o...

15 Apr 202019min

#18 → Allison Barr Allen: Running Fast

#18 → Allison Barr Allen: Running Fast

Allison Barr Allen is the Co-Founder and COO of Fast, a startup working to bring 1-click, passwordless checkout services to the five billion users of the Internet. Previously, she served as the Head o...

13 Apr 202027min

#17 → Blake Robbins: The Twitter Episode

#17 → Blake Robbins: The Twitter Episode

Blake Robbins is a partner at Ludlow Ventures. His unique combination of sincerity and grit is embodied by the early-stage firm itself. We did an entire episode based off Blake's old Tweets. On influe...

5 Apr 202026min

#16 → Alberto Arenaza: Accents and Unfair Advantages

#16 → Alberto Arenaza: Accents and Unfair Advantages

Alberto Arenaza is the co-founder of Transcend Network, a global fellowship for entrepreneurs focused on the future of learning and work. He was also a member of the Minerva Schools' first graduating ...

2 Apr 202027min

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