8Stem
Remixing the Music Industry
Co-founded by Bruce Pavitt (of legendary Seattle Sub Pop records), 8Stem allows any listener to remix music like a professional DJ. 8Stem signals a new era of music that is participatory, immediate and social. Their revolutionary app pays the original artist for streamed content.
Challenge
Early-stage tech ventures like 8Stem often over-hire, over-build and/or poorly control labor and technology costs in their effort to rush to market. 8Stem needed expertise on demand, a scalable next-generation architecture with a low cost of entry and the ability to get up and running quickly.
Approach
Avail was brought on to provide independent and thorough due diligence for 8Stem’s growth, leveraging its expertise in optimized cloud-enabled architecture, strategic guidance for resource allocation, and advising on operational cost control. Avail’s expertise in cloud economics and business acceleration empowered 8Stem to navigate the complex vendor marketplace with clarity, evaluate technologies for scaling, and rapidly reach an agile, operational stage.
Services
Startup Acceleration
Strategic Investment
Interim CTO Services
Technology Roadmap
Solutions Architecture
Results
8Stem’s leadership and innovation is disrupting an industry that is ready for revolution. They have successfully launched their product and are driving revenue. Avail helped 8Stem raise investment capital, bring on advisors and hire a full-time CTO. Our efforts also yielded:
Streamlined data storage costs
A roadmap for cost reduction and economy of scale
A Cloud Economic model to eliminate unnecessary labor costs