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Alex Hofmann

CEO & Founder at 9 Count, Inc.

Professional Background

Alex Hofmann is a distinguished tech entrepreneur known for his unwavering commitment to fostering connectivity through impactful digital platforms. With a wealth of experience that spans several highly successful digital companies, Hofmann has carved out a niche in building dynamic social networks and nurturing strong community ties. His latest professional milestone was serving as the President at musical.ly, where he played a pivotal role in the app's explosive growth, propelling it to become one of the world's fastest-growing entertainment social networks.

Under Hofmann's leadership, musical.ly experienced a dramatic increase in user engagement – within a mere three months of his arrival, daily downloads surged from 200 to an impressive 400,000. The app not only reached the top of the charts in 21 countries but also amassed over 500 million users worldwide. This remarkable growth is a testament to Hofmann’s vision and ability to leverage innovative marketing strategies to enhance user experience and engagement.

In his capacity at musical.ly, Hofmann was responsible for steering multiple essential company functions: he led global marketing, content creation, entertainment partnerships, and talent collaborations, while managing corporate operations for both North and South America. His negotiation prowess was evident as he successfully closed deals with all three major music labels and various publishers, securing musical.ly’s position within the competitive entertainment tech landscape. Among his most notable accomplishments was orchestrating a landmark product partnership with Apple Music, in addition to securing original content collaborations with notable media giants like Viacom and NBCU and forging partnerships with prominent artists like Bruno Mars and Katy Perry.

After a rewarding tenure, Hofmann transitioned from musical.ly in early 2018 to explore new opportunities and ventures, following the company's merger with the Chinese tech conglomerate, Bytedance. Currently, he dedicates his time to advising and investing in emerging startups within the tech landscape while continuing to provide support to his former team at musical.ly.

Education and Achievements

Alex Hofmann's academic background set a solid foundation for his thriving career in tech entrepreneurship. He holds a Master of Science (M.S.) in Business Administration from Fachhochschule Ludwigshafen, a renowned institution recognized for cultivating outstanding professionals in the business field. Hofmann's educational experiences endowed him with essential skills in management, marketing, and strategic operations that he adeptly applied throughout his impressive career trajectory.

Hofmann's remarkable contributions to the industry have not gone unnoticed. In 2017, he earned a prominent spot on Variety's prestigious list of “30 Execs to Watch” included in its Digital Entertainment Impact Report, citing his influential role in shaping the future of digital entertainment. His expertise has also been highlighted by Billboard, which featured him on its Digital Power Players List – a testament to his innovative approach and significant influence in the realms of music and technology. Most recently, he was honored with the WSJ Technology Innovator Award, further solidifying his status as a leading figure in tech innovation.

Achievements

  • Leadership at Musical.ly: Spearheaded the North American expansion of musical.ly, resulting in rapid user growth and enhanced global market engagement.
  • Strategic Partnerships: Negotiated and finalized major partnerships with leading music labels, resulting in improved content availability and user experience for the app's audience.
  • Billboard Recognition: Featured on Billboard's Digital Power Players List, spotlighting individuals who are molding the future of music and technology.
  • Variety Acknowledgement: Recognized by Variety as one of the “30 Execs to Watch,” highlighting his impactful contributions to digital entertainment.
  • WSJ Technology Innovator Award: Awarded by The Wall Street Journal, which celebrates transformative technology experts and their contributions to the industry.

With a passion for transformative technology and a track record of successful ventures, Alex Hofmann is a true visionary in the tech industry. Currently based in Los Angeles, he continues to inspire and mentor budding entrepreneurs while actively engaging in startup investments. His exceptional ability to forge strong communities through digital platforms positions him as a leader whose impact on the tech world will be felt for years to come.

Highlights

Mar 1 · linkedin

Are you an experienced Operations Leader looking for your next challenge? 9count is a dynamic mobile app company led by the former President of musically (now TikTok), with a vision to create products that help and connect people. We're looking for a skilled and efficient Director of Operations to maintain control of our diverse business operations and help us revolutionize the way people interact online. As a member of our management team, you'll be responsible for ensuring the efficiency and success of our business, and have the opportunity to join the ground floor of a venture-backed startup. Apply now and be a part of creating products that help millions of users from all over the world connect and form new relationships!

https://lnkd.in/enyZzEav

Feb 1 · linkedin

In 2018, Bytedance acquired us for ~ $1bn. In 2018, after 3 years of being President of musically (now called TikTok), I left the company.

In 2019, my new company 9count launched Wink to become one of the best places to make friends online.

Today, we can proudly say that we have accomplished that. Our product, Wink, is the #1 U.S. made friend-making app in the world. South Korean friend-making app Azar (acquired by Match Group for $1.73bn in 2021), Chinese app Soul (revenue of $75M/yr), and Singaporean app Yalla (revenue of $300M/yr) are still leading on a global level in terms of revenue and users. Our goal is to be one of the top 3 friend-making apps in the world by 2025.

In 2022, we launched Summer to become one of the best places to find a date.

TechCrunch, Tubefilter, and Forbes have been writing about Summer, with Summer now being considered the fastest growing new dating app of 2022. Today, Summer has a 4.5 star rating. This is an incredible start, especially when compared to a 3.8 rating for Tinder and a 4.3 rating for Bumble. By 2026, our goal is to be one of the top 3 dating apps in the western world.

In 2015, I told Reid Hoffman that musical.ly could become the #1 app in the world. Hoffman and Greylock invested in us, and today, TikTok/Douyin has more users than Instagram.

Today, I am saying that with the right investors, 9count can become the #1 company in the world to introduce new people to each other; a multiproduct tech company headquartered in the U.S.

We continue to grow revenue at an impressive 15% MoM. Continuing to grow at the same pace, we will be making $18mm+ in 2023.

Let that sink in for a second.

In our first four years, we are on pace to make more than Hinge or Calm did at the same stage.

But we would like to accomplish much more. That is possible with more funding. The two leading dating apps reportedly spend $150M+ annually on paid user acquisition. We spend almost nothing on Summer. To close the gap, we need to invest as well. It’s that simple.

At this point in my career, if it is not a big outcome, it is not worth it.

French friend-making app Yubo raised $47.5mm in 2020. Shortly, we will surpass the metrics Yubo had when raising the $47.5mm.

If you connect with 9count’s vision and want to invest in one of the top 50 most promising startups in the world, contact me. We have runway all the way into 2024, but will be discussing our next financial round with interested investors starting in Q2, 2023. We’re excited to meet with you.

If you want a second opinion on us, feel free to contact Hans Tung. Hans is consistently recognized among the top venture capital investors in the world, a 10-time Forbes Midas Lister - #6 globally in 2022. His portfolio includes 18 companies valued at more than $1 billion. Hans and I started working with each other when he joined the musical.ly board in 2015, and he joined our board at 9count in 2019.

Thank you for your interest and trust so far.

Let’s make it count.

Related Questions

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Alex Hofmann
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Location

Greater Los Angeles Area