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Arpit Sheth

Crater

Portfolio
2 min read


crater

Crater is a revolution in local TV led by a new generation of creators.

In college, I spent considerable time exploring how to use AI to solve creative problems. My curiosity in this space grew as I began to notice the rapid rise of mobile video and the spiraling decline of local mediaboth caused by social media’s economic incentives. I became convinced the booming creator economy needed new cutting-edge tools to fuel a revolution in storytelling.

In November 2017, I recruited a highly creative and deeply technical team of engineers and designers to pursue this vision. Together we formed Crater, a synthetic media startup building local TV for a new generation of creators. We built an AI-powered video production app, got funding, and were featured as an NYC startup to watch.


Co-founding Team:
  • Arpit Sheth (CEO), Kirollos Morkos (CTO), Vu Francois, and Marco White
Impact:
  • Fundraised $130,000 from pre-seed investors and angels
  • Worked with 50 creators in a private beta
  • Garnered 1,700+ people on waitlist
  • Partnered with Citizen, Patch, and NYC media outlets
Awards:
  • Cornell Tech Startup Awards Winner (Press)
  • Cornell Venture Challenge Winner (Press)
  • NYC Startup to Watch (Press)

Artifacts 🏺

Pitch Deck

As Co-founder and CEO, I recruited the team, crafted the company vision, and pitched to investors. I fundraised $130,000 from pre-seed investors and angels. This is one of the early investor decks I made.

Crater Pitch Deck (.pdf)

Product Overview

I also managed the product roadmap, tracked sprint OKRs, prototyped features, conducted user interviews, and built our marketing website. We worked with 50 creators in a private beta and garnered 1,700+ people on our waitlist.

This product demo is a culmination of some of that work.

These screenshots show how our product evolved over time. As we ran more experiments and got user feedback, we doubled down on AI-powered synthetic media creation.

Discover stories
Collaborate with a community
Record content
Create with a guided experience

We took inspiration from some of our favorite startup products, like Anchor and Overtime, which were also just getting started in their respective spaces.

We made the right early bets on our core product featuresright as vertical video started picking up steam midway through our journey. Instagram rolled out IGTV that summer; YouTube responded with support soon after; and about a year and a half later, TikTok started taking the American youth by storm.

Research

In addition the technical and product challenges, our team was motivated by the social impact of making space online for local storytelling. We did a deep-dive into internet content culture and the role of technology and media in a democracy. This was some of my favorite research to reference early on.

Culture 🔮

As CEO, my top priority was the happiness of my teammates. I believe chasing ambition is a marathon so I try to make it a fun and inclusive process. Our cultural values reflected that.

  • Progressive Be open-minded to diverse ideas and identities at the forefront of social issues
  • Authentic Be honest with yourself and unapologetic, curious, and appreciative towards others
  • DIY Be a helping hand with your resourceful, resilient, and independent background
  • Quirky Be proud to express yourself in innovative, unorthodox, and witty ways

Out of all that we accomplished, I am most proud of the people I recruited. We were a highly creative and deeply technical team, which made building so electrifying! As we grinded through the highs and lows of founding a startup, I came to admire each one of my co-founders for their resilient backgrounds, willingness to make sacrifices, and how that motivated them to achieve excellence on our team.

Your land, your story.

Building a company is hard stuff. I’m glad I did it with some friends and had fun along the way.

This is my Crater story. Thanks for reading!

© 2020 Arpit Sheth

crater banner secondary

Crater on the App Store.

© 2020 Arpit Sheth

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© 2020 Arpit Sheth