This is how the Cabify startup works

From his passing Y consolidatedJuan Mulliner absorbed teachings such as those conveyed in the American Accelerator logo .start: Make something people want (Do something people want).

“The only important thing is to listen to your customers and cheatDestroy the product they want. Promotion Key A Successful company is getting this course comment It happens as quickly as possible and you never stop doing it. As a founder, there are many temptations to distract you from this e.g FundraisingAnd communications, networking events… but anything that doesn’t talk to users and build what they need is secondary,” explains the entrepreneur and co-founder of Infopopa .start Which provides companies with the technology to automate and issue Electronic invoices. From Y Combinator, Moliner highlights the “seal of quality” that this name represents when it comes to attracting capital, talent and signing top clients.

last A very rich experience In Invopop’s trajectory was that witnessed by its other founder, Sam color, in the early years of Cabify. Loan was one of the founders of Mobility With Juan de Antonio, serves as the company’s Chief Technology Officer (CTO). It was an experience from which this entrepreneur essentially learned “to see how this project started from scratch and how it evolved little by little into the technology company it is today.”

Grow with few resources

Lown also highlights the learning that came with seeing things Limited resources Which Cabify had in the first years of its existence: “We had to learn to do a lot with little money.”

In 2017 – a year before Cabify switched to The first Spanish rhino Reaching a valuation of $1.4 billion – Laon decided to make the leap overseas and started working at fintech company Lana, and soon after, embarked on his own entrepreneurial venture with the launch of Invopop, alongside Juan Moliner. “Importance Give priority to the product And customer service is one of the key lessons I imbibed at Cabify that we are trying to implement at Invopop,” he points out.

Looking forward to 2024, Invopop will continue to improve its work technologyis looking for new clients – from sectors, among others, such as the hotel industry – and, above all, closely monitoring the approval of the future regulation that will enforce the compliance of companies and small businesses with electronic invoicing.

Double effect

Invopop case is one of 90 examples to .start Created by Total 80 former employees From Cabify between Spain, Latin America and other markets. Furthermore, since founding Cabify in 2011, Juan de Antonio has advised more than 40 startups and invested in about a dozen of them.

These numbers serve to demonstrate the ripple effect of many Spanish unicorns and more Analyze it from Strivethe An international network of business people And companies with great influence in different markets. “Beyond valuation, which is a means and not an end, unicorns are attractive International capital“Top-class talent and great market interest,” Endeavor highlights.

David PerezVice President of People, Sustainability and Public Affairs at Cabify, highlights that two important themes for the company that serve as learnings for future entrepreneurs are “the value of doing something disruptive like transforming mobility in cities and the way Moving things “With technology.”

Perez highlights “Cabify’s ability to instill a message of courage and spark new ideas impact“In addition to the continuous commitment to innovation and creativity.” “Good ideas and products were launched at Cabify, and as they moved forward they never stopped trying,” the director asserts.

For the director of Cabify, it is very motivating that projects have been born from the company not only in Spain, but in different countries, and that entrepreneurs have been able to experience them firsthand. Key decisions Which has been taken into the daily life of the company.

The power of technology

Having a strong technology base, which defines most of the projects of former Cabify employees, is a core value highlighted by Perez. An example of this commitment is the project I launched Ricardo Vedderco-founder of Justowho worked at Cabify between 2015 and 2019. “Having the opportunity to be part of Cabify given that its business operations were very small gave me the opportunity to Priceless experience To build Gusto. Being part of that company was one of the most fulfilling experiences for me. “She taught me the values ​​of resilience, focus, execution and purpose.”

Jüsto was launched in 2019 in Mexico by Weder and its four partners as a 100% digital supermarket, its value being that it eliminates physical stores to deliver the best user experience. In addition to its home market, Mexico, this company’s activity also covers Peru and BrazilAnd tools help him Artificial intelligence and data analysis With the aim of simplifying operations and delivering orders more efficiently.

Bobos It is another example of .start Born from Cabify factory. One of its founders, Juan Ignacio Garcia BraschiHe served as the Chief Financial Officer (CFO) of the company and was part of its Board of Directors, where he made key decisions for the company’s growth.

After spending eight years at Cabify, he left the company in 2021 because he felt “the need to create something of his own,” according to the entrepreneur. He did this with Boopos, a platform that provides funding for Acquisition of the company: “We discovered that there is a need in this area, as the big barrier to doing this type of operation is precisely access to capital.” The company’s headquarters is located in Miami Part of the technology team is located in Madrid.

From his career at Cabify, García Braschi learned a lesson: “Monitor a company who… 0 to 1,000 In a very compressed time frame.” Another good lesson, he says, is “the fact of being able to work with a large variety of people with different professional profiles, as well as learning about fraud prevention and risk analysis, two aspects that have had a huge impact on my service.” to Evaluation of companies That enters the shop From Bobos.