Opeyemi Awoyemi
Startup Investor
Austin, NG.About
Experienced Startup Investor with 11 years of investing in fintech, software, marketplaces, and B2B | Cross Functional investor with product, software, finance, and tactical entrepreneurial skillsets and experience | 55+ investments (angel, syndicate, and professional) and 5 exits | Prev. founded 2 startups (marketplace, PaaS) and raised from a $58b AUM fund. | Computer Science Background, Series 65 | Wharton MBA with course work including M&A, Corporate Finance, Stakeholder Communications Management and Venture Building | Technical Advisor to Founders/CEOS
Work
Fast Forward Venture Studio
|General Partner
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Summary
Fast Forward is a venture studio focused on technology-enabled companies led by exceptional African entrepreneurs.
Highlights
Conduct stakeholder management for co-investors, syndicates, and LP relationships
Provided product-led growth, go-to-market, and product strategy mentorship to CEOs and PMs of ed-tech, e-commerce, Al, and fintech companies.
Ideated a GTM and lead gen pipeline for a healthcare HR tech that reduced CAC for scarce healthcare talent from $2000 to $2 per talent.
Member of the investment committee with responsibility for diligence, sustainable competitive advantage, GTM, and long-term differentiation opportunities.
Achieved $7m in AUM with portfolio companies having raised over USD$15m.
Moneymie Inc.
|Founder/CEO
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Summary
Moneymie is a licensed money transmitter providing remittance and digital banking services for B2B and B2C segments.
Highlights
Led partnerships with banks, BaaS, payment service providers, and other allied fintech service providers (Plaid, Stripe, Sila, Evolve Bank, Finclusive).
Supervised a product, design, and engineering team to develop a multi-channel application platform (web, mobile) from scratch to process 50,000+ monthly transactions.
Raised $750,000 from friends and family.
Indeed Inc.
|Senior Product Manager
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Summary
Indeed is the world's largest job site with over 100m users and $3B+ in annual revenues.
Highlights
Responsible for driving product strategy for jobseeker growth for new verticals and stealth projects.
Wrote and executed hypotheses on multiple A/B tests and growth experiments at scale; achieved 700% growth in key metrics on a project and +2000% increase on a new customer acquisition channel for a $100m annual revenue unit.
Led a stealth team of 6 to develop, deploy, grow, and optimize Work From Anywhere site and mobile apps in a 2-month pandemic-driven sprint.
Supported the corp dev team from time to time in thesis development and as domain expert to diligence job board and software deals.
Indeed Inc.
|Technical Product Manager, Jobseeker APIs and Segments
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Highlights
Responsible for driving technical vision, product strategy, and product roadmaps of all Jobseeker APIs.
Led APIs development to serve internal, partner, and developer ecosystem use cases for Indeed.
Implemented rollout strategy for Indeed's API Gateway solution
Led discussions on technical partnerships with arms-length and third-party companies such as Microsoft, Simplyhired, Goodwill, and Glassdoor.
Ringier One Africa Media
|President, Jobs Platform
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Summary
Ringier One Africa Media (ROAM) is the biggest player in classifieds marketplaces in Africa, with the leading job portals in Kenya, Nigeria, Uganda, Tanzania, and Ghana in its portfolio.
Highlights
Owned commercial and product performance responsibility for all the job sites. Direct reports were 5 country managers and 3 Product Managers with an overall team size of 120+ people across 7 countries.
Utilizing user feedback, led the product and engineering teams to launch a 5-day candidate shortlisting service across all the businesses using Al which boosted job listing revenue by 60%.
Ideated and project-managed strategy to launch the Top 100 Best Companies to Work For report in 5 countries.
Led technical and business partnerships for the group with telcos (MTN, Airtel), government (Nigeria, Kenya), and global institutions such as Facebook, Google Jobs, Aspiring Minds, Barclays, etc.; directly resulting in free press/earned media and $1m+ in partnership-driven revenues.
Jobberman.com
|Cofounder and GM (Technology, Product & Marketing)
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Highlights
Leading SaaS job search and career portal in Sub-Saharan Africa outside South Africa. Built design, engineering, marketing, and product functions from scratch from 0 to 22 people.
Led the transition from growth to the monetization phase. Responsible for repricing Jobberman's premium user packages, which resulted in an annual revenue of $1.2m an increase of 300% from $400k in 2013.
Led product, design, and engineering teams to build HR tools: resume parsing, ATS, job matching, relevance scoring, mobile apps, widgets, and open APIs.
Built and executed an integrated growth hacking strategy covering on-site, PR, digital marketing, and high-level product partnerships. Grew user base from 200k to 1.2m (600% increase) within the period.
Was active in evangelizing the company and featured the company on leading international media such as Forbes, CNN, Bloomberg, Fast Company, Financial Times, BBC, and CNBC.
Activated product partnership with the largest telecommunications company in Nigeria (70m+ subs) and numerous jobs-in-print partnerships, which resulted in $3m worth of free marketing and $290k direct revenues.
Successfully secured Seed and Series A funding (~$5m) alongside cofounders.
Education
Reforge
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Advanced Growth Strategy
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FINRA Series 65
Uniform Investment Advisor Law
Coursera (SDA Bocconi, Italy)
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Private Equity and Venture Capital
Haas School of Business, UC Berkeley, Berkeley, CA
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CIO Academy
Wharton Business School, Philadelphia, PA
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Innovation & Growth (Exec. Ed)
Obafemi Awolowo University
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B.Sc.
Computer Science
Wharton Business School, University of Pennsylvania
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MBA
Skills
Technical Skills
Graphics and UI Design (Figma, Photoshop, Wireframing), Web Development (HTML, WordPress, CSS, Javascript), Analytics (Excel, Tableau), Marketing (Email, Content, Ads), Project Mgt (Agile), Statistics and Modelling Tools (JMP, Excel), ProducDesign Thinking, Scrum, Agile OM.
Interests
Hobbies
Pingpong, Dance, Karaoke, Volunteering, Ideation, Advising, Investing in the Arts.
Traveling
26 Countries, all continents except Antarctica.