Charlotte Angel Connection Episode 136: Matt Hudson, CEO and Founder of Bildit

Charlotte Angel Connection

Today we welcome Matt Hudson, founder and CEO of Bildit (pronounced Build It), to the podcast. Bildit has created a “rapid mobile app development platform for ecommerce brands”. It’s a concept Matt has had for quite some time and it’s really excited to see him bring it to life. After spending years helping Belk build their mobile app and experience for their shoppers, Matt became acutely aware of the issues companies face when they are trying to deliver content and a shopping experience. So as any good entrepreneur would do, he left Belk to create the business that could solve the problem for so many other ecommerce companies. And he’s built a team around him that is ready to pounce on the opportunity ahead of them. They’ve got a team of 12 at the moment and with their current capital raise they are going to staff up as they start their growth phase. We had a fun time with our interview as we discussed a number of topics. One area where I thought there was tremendous value for listeners is where we dove into how they created service revenue last year as they continued to build out there technology and how they are pivoting away from that now that the technology is ready to release. Matt has a business degree from the University of Arkansas and he saw the team was capable of creating revenue last year rather than having to burn through cash and he jumped right into it. Some investors will question the service revenue but creating cash early on is a great concept for entrepreneurs – especially in today’s environment. It's a great podcast with Matt and I think you’ll enjoy listening to how they are building the company. Matt has been a huge benefit to the startup community as a mentor and friend. He will have plenty of people in his corner pulling for Bildit as they grow and scale. William Bissett is the owner of and an Investment Advisor Representative of Portus Wealth Advisors, a Registered Investment Adviser. Registration does not imply a certain level of skill or training. Opinions expressed on this program do not necessarily reflect those of Portus Wealth Advisors. The topics discussed and opinions given are not intended to address the specific needs of any listener. Portus Wealth Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance. Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under applicable state and federal regulation or an eligible employee of the management company. There generally is no public market for the Interests. Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.