BCBusiness

April 2014 30 Under 30

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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bcbusiness.ca How do you keep your relationship with your co-founder stable and productive? If: Not kill each other. [laughter] JB: It really hasn't been that much of a challenge for us: Igor and myself had been friends for about five years by the time we decided to start the company, and more or less we've managed to remain friends since. One part of that is providing feedback to each other, letting each other know when there are areas for opportunity, when we're not addressing the most pressing chal- lenges head on. You shifted your company's focus after your first big sale, to TransLink. How did you come to make that decision? If: One of our core values is to always grow; we wanted to have a growth company from the start. That means adjusting to the market and looking for opportunities. When we tried to grow the business with that one text messaging applica- tion, we cold-called Winnipeg and Edmonton and asked them to purchase the system from us, and they kind of laughed us out of the office over the phone; they didn't need the system at the time. We tried to sell the system in the States, and the SMS infrastructure was different. We felt caught in the SMS market and we couldn't expand, so we started trying new things focused on mobile apps and mobile web, and a new market in which we could sell. JB: I also don't think we thought of it as a pivot at the time; we just recognized a bigger oppor- tunity. We were working with TransLink so that they could put links to mobile optimized websites inside those messages, and when we were doing that we found that really there was a bigger opportunity around building out those mobile websites. 62 BCBusiness april 2014 Igor Faletski CEO, Mobify Research and Development Inc. Age: 29 SFU computer science student Igor Faletski was regularly missing his bus. His solution? An SMS service that delivered TransLink schedules to his text message inbox. Along with co-founders John Boxall and Peter McLachlan, Faletski has grown Mobify from a three-person shop run from a basement in Burnaby into a global mobile software company with just under 80 full-time employees, with no external capital and offices in the U.K. and Japan. 30 UNDER 30 p38-67_30Under30_april.indd 62 14-03-07 2:06 PM

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