How to scale in a non-sexy industry with Josh Domingues of Flashfood
Finding a big problem to solve with your startup is always the goal, but what happens if that problem lies outside of what is deemed sexy by investors? Our guest today is Josh Domigues, Founder and CEO of Flashfood, an app that allows shoppers to browse food items approaching their best-before date, buy them at a discount and pick them up in-store. Expiring food is a global problem and is one of the leading emitters of greenhouse gasses, but solving a problem like that isn’t as easy to explain as a flavor-of-the-month SaaS business.
This was a fun conversation with Josh and it was great to hear his perspective.
We also welcome back John Ruffolo to discuss recent startup and tech news.
About Josh Domingues:
Josh Domingues is the Founder and CEO of Flashfood, which started from his condo above a grocery store when he got a call from his sister who was a chef. She told him that she just threw out $4000 worth of food. Josh was shocked to discover that discarding food was the norm in the restaurant, catering, and grocery industries. He is an alumnus of TechStars and received his bachelor’s from St. Mary’s Univeristy.
In this episode we discuss:
(0:01:07) News rundown with John Ruffolo
(0:30:45) Josh’s path as an athlete to founder
(0:33:42) Lessons Josh learned working with Professional Athletes
(0:36:28) The path to starting Flashfood
(0:39:16) Defining the scope of the problem and surviving in the early days
(0:44:22) Josh’s experience on Dragon’s Den
(0:48:15) How TechStars opened doors for Flashfood
(0:52:53) The Importance of showing up in person to network
(0:54:48) Real-world examples of how Flashfood is working
(0:58:36) Why investors like General Catalyst and S2G Ventures have backed Flashfood
(1:02:06) Advice to early-stage founders struggling in the current market
(1:07:13) How they brought on a new COO and President
(1:12:00) Flashfood’s future plans
🎙- Favorite Podcast: 20 Minute VC
📰- Favorite Newsletter /Blog: The Peak
📲- Favorite Tech Gadget: Apple watch
📈- Favorite New Trend: Electric car adoption
📚- Favorite Book: Good to Great, Shoe Dog
🤔 - Favorite Life Lesson: Hold on to Happiness
Follow Matt Cohen and Tank Talks here!