Current Projects
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Firstplace
Sports Scheduling
Check out Firstplace -
Threes
Card Game
Check out Threes -
Nominal Finance
Chrome Extension
Check out Nominal
Essays
- Be QuirkyRead 'Be Quirky' Essay
- Producer vs. ConsumerRead 'Producer vs. Consumer' Essay
- Social VanityRead 'Social Vanity' Essay
- Fail ForwardRead 'Fail Forward' Essay
- Destined to FailRead 'Destined to Fail' Essay
- Failure to CommunicateRead 'Failure to Communicate' Essay
Career
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AppHub
Principle Engineer
Joined 8+ other software companies to help e-commerce brands accelerate growth.
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ViralSweep
Co-Founder
Built giveaway, contest, and waitlist tools to help brands to launch, grow revenue, and build email lists. Acquired November 2021.
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AppSumo
Brand Sumo
Developed the brand of AppSumo. Designed several iterations of the website, giveaways, and core products.
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AnyLuckyDay
Design
The predecessor to ViralSweep. Daily sponsored giveaways. Grew email list to 25,000+.
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University of Texas
Corporate Communication
Economics → Gap Year → Corproate Communication. Started several side projects and ultimately left early to work at AppSumo full-time.
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NASA
Habitability Design Center Internship
Interned during NASA's return to shuttle missions. HDC's work informed what became NASA's Artemis program.
Early Projects
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PriceKnock
Online Deals
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Tseretni
Interest Graph
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Football Bio
Social Network
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Woot Agent
Flash Sale Tracker
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Bulletin Boost
Myspace Tool
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Friend Fleet
Myspace Tool
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The Car Showcase
Social Network
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PriceKnock
Description
As AnyLuckyDay grew past 25,000 email subscribers, we noticed an increasing number of daily sponsors were digitally native brands.
Groupon and LivingSocial were just finding traction with brick-and-mortar coupons. We felt we could do the same for DTC brands.
How It Worked
We convinced a few AnyLuckyDay sponsors to offer generous coupons or offers for our audience to purchase.
Subscribers would select which categories of products they preferred to receive offers for.
Customers would buy coupons from us, and we would take a small cut.
We invested every dollar of revenue into growth via ads and social engagement.
Post-Mortem
Our business was growing and profitable, but Groupon and LivingSocial became entangled in a war for each marginal user—shelling out $50+ per email (10x more than we could afford).
Ultimately, those two companies both lost their war of attrition, suffering devaluations. Projects like PriceKnock were collateral damage.
Customers lost interest in deal-seeking as the post-2008 economy rebounded, while Facebook and Instagram ads became more performant for companies who could now generate sales directly themselves.
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Tseretni
Description
Facebook at the time was still a relatively closed network. You could find friends from your direct network, but you couldn't make new friends from Facebook at large.
A friend and I noticed each user's data could be scraped if they used the Facebook login API, so we built a site around that.
How It Worked
Someone would log in to Tseretni using the Facebook Login button.
We then categorized their profile's data ("Favorite Book", "Favorite Band", etc.) and made it searchable and discoverable on our site.
If you searched for your favorite things, we would show you other people who have logged in to Tseretni with that same interest.
You could then view their profile on Facebook and add them as a friend.
Post-Mortem
Within a week of launching Tseretni, Facebook launched this function inside of Facebook itself. I suppose we had the right intuition.
* We couldn't come up with a good name, so we settled on spelling "interest" backwards. Please don't judge us too harshly. -
Football Bio
Description
I had hoped to play competitive soccer in college, but recruitment opportunities for soccer players in small-town Texas were scarce.
Football Bio was meant to be a tool for players to find friends and showcase their abilities; a new incarnation of The Car Showcase for an audience that I actually genuinely cared for.
Unfinished Plans
Each player would have a profile where they could upload clips from their games or practice.
Coaches and recruiters could browse videos of athletes looking to play in college. The idea was to extend this into professional recruiting as well.
Eventually, enable recreational teams and leagues to organize through the site.
Post-Mortem
The site was never finished because studies took precedent. The costs of hosting a video site at the time were also prohibitive without raising venture capital.
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Woot Agent
Description
The "one deal a day" store woot.com periodically held an all-day sale called a "Woot-off."
They would sell one product at a time until it sold out, or—as a special treat—would sell 'Bags of Crap' for $5 which was, in their own words:
…a random collection of stuff that we shove into a box and sell to you. Wooters have received brand-new laptops, a single shoe, expired batteries, and more. You'll never know when they'll appear, or what you'll get!
These were a hot commodity and sold out very quickly.
How It Worked
Download and install Woot Agent to your desktop.
Any time a Woot-off began, Woot Agent would sound an alarm and pop up a notification on your desktop.
Each new product featured would sound the alarm again.
If the Bag of Crap was being sold, a special sound effect would go off.
Post-Mortem
By the end of our first Woot-off, the app had over 25,000 downloads. Considering we made it just for fun, we were ecstatic.
It sounds bizarre in hindsight, but a partner from Polaris Venture Partners asked to meet in person shortly after.
He wouldn't say how he found me, but I'm sure it must have been Woot Agent.
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Bulletin Boost
Description
Myspace allowed users to post bulletins which behaved like a feed of friends' activity.
We created Bulletin Boost as a straightforward ad network, posting bulletins using the Myspace profiles we had grown using Friend Fleet.
How It Worked
For a flat CPM rate, we posted content to our 1,000,000+ friends on behalf of customers. We also joined affiliate networks and promoted products—to immediate success.
Post-Mortem
Myspace introduced CAPTCHA challenges to outbound links just a few days after we started posting our own affiliate links, effectively ending Bulletin Boost's business.
Affiliate marketing felt icky, so I'm glad our foray was cut short. There are more fulfilling ways to make money.
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Friend Fleet
Description
As Myspace grew in popularity, so too did did peoples' desire to have many friends on the platform.
To prevent spam, Myspace limited users to 500 friends added per day. This created a demand from power users who wanted to be among peoples' 500 frends added each day. Friend Fleet filled this demand.
How It Worked
Each day, a person could log in with their Myspace account ID.
We presented them with 5 other Friend Fleet members to add at a time, earning 1 point per friend added.
They could also refer a friend to Friend Fleet and earn extra points—ranging from 5 to 20, depending on demand.
Members who earned the most points per day would be at the front of the line to be added.
You could pay $20 to skip the line for one day, or $100 for the whole week.
We also used the service ourselves and created many accounts with 10,000+ friends.
Post-Mortem
We launched on a midnight and woke up to $860 in revenue the first day—not bad!
Inevitably, we ran into a "big fish in a small pond" problem, so the most simple solution was to create more ponds. We duplicated the app under different names, but usage fizzled out once everyone had their fill.
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The Car Showcase
Description
The Car Showcase started as a community for car enthusiasts and grew to a few thousand members in the 18 months we operated the site. A simple take would be to describe it as "Myspace for cars."
The site was growing at a pretty impressive rate for something a couple 18 year olds cobbled together. It had profiles for users and their cars, along with a gallery feature that rivaled Facebook's at the time.
Unfinished Plans
Allow anyone to upload and share their car's "dyno" readouts and challenge friends to see how their cars stack up. The community could vote on their favorite cars based on power and aesthetics—a fun growth flywheel.
Track the most popular makes and models of cars on the site, then sell parts through an online shop. At the time, "tuner culture" was very popular and online sales for aftermarket upgrades was relatively un-touched.
Allow members to verify their identity and rent or sell their cars on the site, much like Cars & Bids created by Doug DeMuro.
Post-mortem
Ultimately, we shut the project down because our community cared a lot more about cars than we did. It felt disingenuous to portray ourselves as gear heads.
We just wanted to look at cool cars on the internet.
Steven Kovar
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Investments
Exits
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Visit Causal
Causal → Lucanet
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Visit Compound
Alternativ
→ Compound
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Visit Brita
LARQ → Brita
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Visit Kabo
Kabo → Unknown
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Visit Google
Alter
→ Google
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Visit VSS Medical Technologies
Advekit
→ VSS Medical Technologies
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Visit Discord
Ubiquity6
→ Discord
Friends & Locally Founded
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Visit Carry
Carry Investing for Founders
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Visit Fourthwall
Fourthwall Creator Merchandise
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Visit LayerZero Labs
LayerZero Labs Interoperability Protocol
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Visit Internet Research Unit
Internet Research Unit DTC Performance Data
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Visit Captain Experience
Captain Experience Adventure Sports
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Visit Wander
Wander Luxury Travel
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Visit Equi
Equi Alternative Investing
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Visit Golden Ratio
Golden Ratio Golden Coffee
ViralSweep Customers
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Visit Magic Mind
Magic Mind Health Beverage
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Visit Oui The People
Oui The People Skincare
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Visit Ellevest
Ellevest Investing for Women
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Visit Arber
Arber Gardening
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Visit Omaze
Omaze Charity Raffles
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Visit kencko
kencko Health Beverage
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Visit Burrow
Burrow Furniture
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Visit Fable
Fable Dining Ware
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Visit Yumi
Yumi Baby Food
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Visit Wally
Wally Dental Care
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Visit Eight Sleep
Eight Sleep Smart Mattress
Science, Hardware, & Logistics
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Visit NetworkOcean
NetworkOcean Underwater Data Center
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Visit Outpost
Outpost Compute Hardware
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Visit Extropic
Extropic Compute Hardware
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Visit Corca
Corca Collaborative Maths
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Visit Lightmatter
Lightmatter Compute Hardware
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Visit Chalk
Chalk ML Data Platform
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Visit
Perplexity AI AI Search
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Visit
Circa.xyz Supply Chain Data
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Mana Investing Infrastructure
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Visit
3Box Labs Open Web
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Visit SailPlan
SailPlan Marine Logistics Data
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Visit
Rain Neuromorphics Compute Hardware
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Visit
Atomic Industries Agile Manufacturing
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Visit Ox
Ox Warehouse Automation
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Visit
Plant Prefab Home Manufacturing
Climate
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Visit Coral Vita
Coral Vita Coral Reef Restoration
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Visit Hedgehog
Hedgehog Mushroom Harvesting
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Visit
Earth AI Mineral Exploration
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Visit
Kanin Energy Waste Heat Recovery
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Visit
Planted Materials Renewable Materials
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Visit Arbor
Arbor Carbon Removal & Storage
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Visit Focused Energy
Focused Energy Fusion
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Visit Verdn
Verdn Carbon Credit API
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Visit Petra
Petra Boring
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Visit
Renaissance Fusion Fusion
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Visit
Earth Force Technologies Forest Management
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Visit Twelve
Twelve Carbon Conversion
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Visit Statiq Mobility
Statiq Mobility Charging Network
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Visit MycoWorks
MycoWorks Mushroom Leather
Health
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Visit Rorra
Rorra Water Filter
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Visit Neuralink
Neuralink Brain-Computer Interface
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Visit Pepper Bio
Pepper Bio AI Drug Discovery
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Visit Function Health
Function Health Accessible Bloodwork
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Visit MycoMedia
MycoMedia Mushroom-based Therapies
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Visit Levels
Levels Metabolic Health
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Visit Cartography
Cartography Targeted Cancer Therapy
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Visit Minicircle
Minicircle Reversible Gene Therapy
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Visit MindPortal
MindPortal Brain-Computer Interface
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Visit Elysium Health
Elysium Health Longevity Supplements
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Visit Excision Biotherapeutics
Excision Biotherapeutics CRISPR-based Therapy
Personal Finance
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Visit Mercury
Mercury Digital Bank
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Visit Alongside
Alongside Crypto ETF
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Visit Pattern
Pattern Digital Family Office
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Visit Copilot
Copilot Money Tracking
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Visit Zilch
Zilch Consumer-side BNPL
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Visit Republic
Republic Investment Platform
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Visit ALT
ALT Collectible Market
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Visit Altro
Altro Credit Building
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Visit Prometheus
Prometheus Alternative Investing
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Visit Varo Bank
Varo Bank Digital Bank
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Visit Ember Fund
Ember Fund Crypto Investing
Luxury & Leisure
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Visit Atlas
Atlas Luxury Concierge
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Visit Komos
Komos Tequila
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Visit Americana
Americana Provenance Tracking
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Visit Rosaluna
Rosaluna Mezcal
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Visit Maison Marcel
Maison Marcel Rosé
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Visit DRNXMYTH
DRNXMYTH Pre-made Cocktails
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Visit Sandbox VR
Sandbox VR VR Gaming
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Visit Los Dos
Los Dos Tequila
Business Tools
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Visit Boardy
Boardy Professional Networking
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Visit Salt AI
Salt AI AI Development
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Visit VideoGen
VideoGen Video Generation
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Visit Intro
Intro Coaching
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Visit Oxla
Oxla Distributed Database
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Visit Fluent
Fluent AI Business Analytics
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Visit Atlas
Atlas 3D Modeling
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Visit Qatalog
Qatalog AI Business Operations
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Visit Gumroad
Gumroad Content Distribution
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Visit Orb
Orb Metered Billing Software
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Visit Atlas UP
Atlas UP AI Business Operations
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Visit Founderpath
Founderpath Growth Capital
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Visit Lemonade Finance
Lemonade Finance International Payments
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Visit Setscale
Setscale Working Capital
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Visit Paragon
Paragon SaaS Integration API
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Visit Brex
Brex Expense Management
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Visit Pipe
Pipe Growth Capital
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Visit Documatic
Documatic Issue Reporting
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Visit Daydream
Daydream AI Business Analytics
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Visit Airhouse
Airhouse Warehousing
-
Visit Capchase
Capchase Growth Capital
-
Visit Harmonic
Harmonic Startup Company Database
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Visit Conduit
Conduit International Payments
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Visit Orderful
Orderful Electronic Data Interchange
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Visit InterPrice Technologies
InterPrice Technologies Corporate Treasury
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Visit Settle
Settle Working Capital
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Visit Pepper
Pepper Food & Beverage Software
Marketing
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Visit rolla
rolla Video Creation
-
Visit Fireside
Fireside Creator Platform
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Visit Lunchbox
Lunchbox Restaurant Catering
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Visit Tags
Tags Influencer Marketing
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Visit Whalesync
Whalesync App Data Pipeline
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Visit Vorage SMS
Vorage SMS SMS Marketing
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Visit Vurbl
Vurbl Audio Network
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Visit Malomo
Malomo Order Tracking
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Visit CommerceBear
CommerceBear Omnichannel Marketing
Consumer
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Visit Hangout FM
Hangout FM Music Sharing
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Visit ZBiotics
ZBiotics Probiotic Prophylactics
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Visit Better
Better Carb-neutral Bread
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Visit Branch
Branch Office Furniture
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Visit Spinn
Spinn Coffee Maker
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Visit Recess
Recess Adaptogenic Beverages
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Visit Gainful
Gainful Workout Supplements
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Visit Maev
Maev Raw Dog Food
-
Visit THE LIST
THE LIST Fashion
-
Visit Agua Bonita
Agua Bonita Agua Fresca
-
Visit Reel
Reel Bamboo Toilet Paper
-
Visit The Hedgehog Company
The Hedgehog Company Holding Company
-
Visit maude
maude Intimacy Essentials
-
Visit Plant People
Plant People Mushroom Snacks & Supplements
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Visit Deep Sentinel
Deep Sentinel Security System
-
Visit Graza Oil
Graza Oil Olive Oil
-
Visit The Essential
The Essential Membership Marketplace
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Visit Italic
Italic Membership Marketplace
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Visit Fig1
Fig1 Skincare
-
Visit Lemon Perfect
Lemon Perfect Beverage
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Visit RePurpose
RePurpose Sustainable Paper
Mistakes
-
Visit MoviePass
MoviePass Movie Theater Subscription
-
Visit Sidechat
Sidechat Social Network
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Visit Ten Lives
Ten Lives Vegan Cat Food
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Visit Zette
Zette Paywall Credits
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Visit ZERO
ZERO DAO Infrastructure
-
Visit Spire Law Firm
Spire Law Firm Law Firm
-
Visit Block
Block Health App
-
Visit Strada
Strada Art Space
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Visit Kambio
Kambio Modular Homes
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Visit Aku
Aku Digital Banking
-
Visit Safe
Safe Private Links
-
Visit Headgum
Headgum Podcast Studio
-
Visit Float
Float Expense Management in Canada
-
Visit Valence
Valence Professional Network
-
Visit Morpher
Morpher Investment Platform
-
Visit AuditMate
AuditMate Elevator Services
-
Visit Lighthouse
Lighthouse Rental Rebates
-
Visit hitRECord
hitRECord Creative Network
-
Visit Superplastic
Superplastic Collectible Toys
Deadpool
- Visit 101.xyz 101.xyz Crypto Education
- Visit Stonks Stonks Investment Platform
- Visit Brainbase Brainbase Licensing Management
- Visit Moves Moves Gig Worker Credit Union
- Visit Peachy Patients Peachy Patients Healthcare Billing
- Visit Cargo Cargo Video Sales
- Visit TalentDrop TalentDrop Recruiting
- Visit Level Level Lending Capital
- Visit Farmstead Farmstead Delivery Grocery
- Visit Ugly Drinks Ugly Drinks Sparkling Water
- Visit Kitch Kitch Commercial Kitchen Marketplace
- Visit Spark Grills Spark Grills High-temperature Grill
- Visit Disco Disco Men's Skincare
- Visit Elude Elude Travel Booking
- Visit Cutlets Cutlets Restaurant
- Visit Allset Allset Home Services
- Visit TRILL TRILL Streetwear Marketplace
- Visit Oxygen Oxygen Digital Banking
- Visit Letter Letter Digital Banking
Contact
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Find Steven on Twitter
@stevenkovar Twitter
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Find Steven on LinkedIn
/in/stevenkovar LinkedIn