Today we’d like to introduce you to Arjun Mehta.
Arjun, please share your story with us. How did you get to where you are today?
I grew up in Silicon Valley and attended college in the inaugural class of the Jimmy Iovine & Dr. Dre Academy for the Arts, Technology and Business of Innovation at the University of Southern California. After graduating, I found that in 2019 there was no obvious answer to “if I’m an artist or creative and want to go live on the Internet with a high-quality experience and charge for it, how would I do it?” It felt like a fundamental utility was missing from the Internet and it was too compelling of an idea to not build.
I then coded the prototype, developed the creative direction, recruited a founding team, validated the concept with dozens of artists, and raised money from some great investors that will help us reach our next milestone. On October 13th, 2020, we announced our official Moment House launch and $1.5 million in seed funding led by Forerunner and with participation from music industry leaders like Scooter Braun, Troy Carter, Jared Leto, Palm Tree Crew Investments (Kygo + Myles Shear), as well as tech industry leaders like Sequoia’s Jess Lee, Google Ventures CEO David Krane, Patreon CEO Jack Conte, former TikTok CEO Kevin Mayer, and more.
Overall, has it been relatively smooth? If not, what were some of the struggles along the way?
Moment House is the fifth pivot of my original idea, which was in a completely different space. Every pivot was increasingly disheartening, but I’m glad I kept trying.
Please tell us about Moment House.
Moment House is a ticketed digital experience platform for artists and creators. We are most proud of our unique product experience. We’re extremely focused on simplicity and elegance. Fans should always feel that they are a part of a special moment, which is what we call the live events on our platform. With our low-latency streaming technology, robust ticketing security, merchandise integrations, and global payments support, Moment House offers advanced infrastructure while remaining artist-friendly. Artists earn 100 percent of the ticket revenue, with Moment House earning a small service fee from fans at checkout.
If you had to go back in time and start over, would you have done anything differently?
On a personal level, I’ll be successful if I’m able to stay present throughout every day. Professionally, I measure my success by the amount of positive impact I’m able to effect through companies I start.