Spinnakr's Co-founder Michael Mayernick On How He Made A Web Analytics Platform

By - CrazyEngineers • 9 years ago • 44.2k views

Spinnakr is a Privately held Information Technology and Services company founded by Michael Mayernick and Adam Bonnifield in the year 2011. Spinnakr is based out of Washington DC, United States.

Spinnakr, a web analytics platform, is democratizing access to big data insights, recommendations and action in real-time. The data driven analytics insights provided by Spinnakr eliminates the need for digital strategists to interpret web analytics data. This thus reduces the cost of using data and helps a large number of business access to sophisticated analysis for the first time.

In an exclusive interview with CrazyEngineers.com, we got Michael to talk about his experiences at Spinnakr, his prior entrepreneurial ventures - ProudlyMadeInDC and DCTechMeetup, his co-founder Adam Bonnifield, the business model for Spinnakr and a lot more. Michael also tells us about how he convinces others about his belief system and ideas. Read on!


MichaelMayernick-SpinnakrFounder-CrazyEngineers Michael Mayernick


CE: Could you please tell our readers more about Spinnakr?

Michael: 
Spinnakr makes it easy to understand your web analytics. Instead of requiring you to decipher a bunch of charts and graphs, Spinnakr automatically monitors your analytics data for interesting events - like a spike in traffic from a certain source, a long term trend, or a correlation, and notifies you when that happens. We give our users powerful tools to take action on these notifications as well, like targeting certain visitors with a custom discount or offer, so that you can go from insight to action instantaneously.

MichaelMayernick-SpinnakrCoFounders-CrazyEngineersCo-Founders

CE:  How did you come in contact with Adam Bonnifield, your co-founder at Spinnakr?

Michael: 
Adam and I have been friends for many years. It has been a huge asset to work closely with someone I know well and with whom I have a strong relationship. We worked together previously building social media targeting technology for political campaigns.

CE:  You have also co-founded ProudlyMadeInDC and DCTechMeetup prior to Spinnakr? What was your first startup idea? How long did it take to get it in action?

Michael: 
I try to stay active in the startup communities I'm part of, and support other entrepreneurs in their projects and companies. I've always enjoyed building things. My first project was building an online portal for my high school while I was a student. I used Macromedia Dreamweaver to build it, but my technical knowledge has come a long way since those days.

CE:  How did Adam and you decide to transform Giv.to to Spinnakr? What was the business model?

Michael: 
Giv.to was ultimately serving a smaller market - political campaigns and non-profits. While it was a successful product for us, the limited nature of the opportunity made us realize there were more interesting problems to work on. In some ways, we think of Spinnakr as an extension of Giv.to, but for a much broader audience.

MichaelMayernick-SpinnakrTeam-CrazyEngineers1.jpgThe Team

CE:  What is the one thing you would most like to change about Spinnakr?

Michael: 
Currently we just work with web analytics data, but the problems people have getting value out of and understanding web data exist for all kinds of data. Our goal is to eventually be able to look at any data question and help users gain insights without the analysis.

CE:  It is possible to know the truth without challenging it first?

Michael: 
Truth is a measure of reality, but as an entrepreneur, you're in the business of creating new realities: new markets, new habits, new processes, new tools. So the real challenge is not to question your convictions, but to persistently bring them into existence through force of will.

CE: When was the last time you marched into the dark with only the soft glow of an idea you strongly believed in? Were you able to convince the world?

Michael: 
In some sense, in any pitch you're starting from scratch. Whether it is an investor, a reporter, a prospective employee, or potential business partner, you have only your vision and conviction in it's value. I've come to love the challenge of pitching - each pitch is it's own unique puzzle, depending on who you're talking to and what they're interested in.

CE:  Has your greatest fear ever come true? How did you deal with it?

Michael: 
I don't think so, but I don't spend too much time considering my fears.

CE:  Thank you for your time. Any message for our readers?

Michael: 

To quote Paul Graham: "Startups rarely die in mid keystroke. So keep typing!"

Replies

Note: Only logged-in members of CrazyEngineers can add replies.

Recent updates

Abhijit Junagade - Winjit Technologies​

We understood the client’s need of going mobile friendly and making solutions that will help save time and money. That is how our direction of being known as one of India’s best enterprise mobility solution provider became an aim.

Abhijit Junagade
Winjit Technologies​
Abhinav Asthana - Postman

In 10 years, when I go to a hackathon and ask, “Who here has used Postman?” - I want every hand in the room to go up.

Abhinav Asthana
Postman
Abhinav Prateek - Metamorf

An entrepreneur’s life is full of decision points. He shouldn’t be afraid of taking wrong decisions.

Abhinav Prateek
Metamorf
Abhishek Ballabh - ExtraaEdge

Competencies can be build and nurtured. But right ambition, right motivation and cultural fit is very imp. I will suggest all entrepreneurs in early years to codify it.

Abhishek Ballabh
ExtraaEdge
Abhishek Daga - Thrillophilia

People management, analytical and not emotional driven business decisions is the key.

Abhishek Daga
Thrillophilia