newsfilter
← Interviews
Y Combinator26 min

Reham Fagiri and Kalam Dennis at Startup School SV 2016

Reham Fagiri, Kalam Dennis, Colin, Raham

Conference Presentation, Fireside Chat, Interview

AppDeco co-founders Raham and Colin transitioned their furniture marketplace from a capital-dependent platform to a self-sustaining business by pivoting to owned logistics and focusing on unit economics during a 2014 funding drought. The company achieved profitability by acquiring inventory through unconventional cash payments, replacing unstable third-party movers with a dedicated fleet, and eliminating external marketing to drive growth via word-of-mouth. This strategy of ignoring market noise and prioritizing direct customer feedback allowed the firm to survive the funding crisis and expand into new cities while maintaining strict financial discipline.