Join co-founder Allen Lau as he talks about what contributed to Wattpad’s overall success.
Wattpad, a storytelling app for writers and readers, has over 90 million monthly active users worldwide. To add a cherry on top, South Korea’s Naver is in the process of acquiring them for $600M. Their success didn’t happen overnight. Their accomplishments stemmed from a team vision of globalization, diversity, and multiculturalism. And of course, they have a team of hard-working and intelligent people.
In 2006, immigrants Allen Lau and Ivan Yuen founded Wattpad in Toronto, Canada. Over fourteen years later, the company has more than 200 employees worldwide – 50% are female, and 40% include people of color. Wattpad’s culture has multiculturalism embedded into its DNA.
We spoke with co-founder Allen Lau about what contributed to Wattpad’s overall success. Lucky for you, Allen will join us for a fireside chat to share:
How to have a global mindset when founding a startup
How they structured their team early on to reflect the market they wanted to capture
The journey of building an app with almost 100 million users
Things to consider when meeting with a startup mentor
Allen Lau is the CEO and co-founder of Wattpad, the global multiplatform entertainment company, where he leads the company’s vision to entertain and connect the world through stories.
A leader in Canada’s technology sector and startup ecosystem, Allen is a member of the Canadian Council of Innovators, a lobby group that advances the interests of Canadian technology companies at all levels of government. He is also the co-founder of Two Small Fish Ventures, a fund that invests in Toronto and Waterloo-based early stage internet companies with strong network effects.
Prior to Wattpad, Allen co-founded FeedM8, a mobile advertising company that was later acquired. He also previously co-founded Tira Wireless, where he helped leading brands optimize content for mobile delivery.
Allen received his Bachelor’s and Master’s degrees from the University of Toronto’s Electrical Engineering program.
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