Alec Lynch of DesignCrowd is a former strategy consultant, parallel parking expert, and entrepreneur.
After graduating from university, my guest went to work as a senior consultant. While working across a variety of industries he could see a number of challenges and opportunities taking place within the traditional design industry. So he had an idea to solve these challenges.
Once his co-founder had built the first prototype for the website, he quit his job, moved back in with his parents, and started working full-time on DesignCrowd. This was September 2007, before officially launching the site in early 2008.
In 2009, DesignCrowd received $300,000 from Angel Investors and have since raised a further $12 million in venture capital.
Today, DesignCrowd has 50 staff across offices in Sydney, Manila and San Francisco, has over half a million registered designers and almost $20 million in annual revenue.
Now, let’s hack…
Resources and links mentioned:
- The Three Horizons of Growth, McKinsey & Company
- Alec Lynch on Twitter
- Jon Nastor on Twitter
- Snappa: Start your 14-day free trial at snappa.io/hack, no credit card required.