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Disrupting the wedding industry, with Zola’s Shan-Lyn Ma | Masters of Scale

Shan-Lyn Ma, co-founder and co-CEO of Zola, joins host Jeff Berman to share how intrapreneurship prepared her to build a business that’s transformed the wedding industry with online tools.

Shan-Lyn MaguestJeff Bermanhost
Oct 24, 202434mWatch on YouTube

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At a glance

WHAT IT’S REALLY ABOUT

Zola's Shan-Lyn Ma on Building a Modern Wedding Company

  1. Shan-Lyn Ma traces her entrepreneurial drive from selling stress balls as a child in Australia, through Yahoo and an early product role at Gilt, to founding Zola with co-founder Nobu.
  2. Zola grew from her frustration with a miserable wedding registry experience, and she says she and Nobu focused on one product first but waited too long to expand beyond the registry.
  3. She explains that Zola's early seed funding came easily only because of years of proven work with Kevin Ryan at Gilt, and that later fundraising got harder as investors focused on metrics.
  4. Ma describes inclusivity for same-sex couples as an obvious default for Zola, including the company's public response when the Hallmark Channel refused to run its ads featuring same-sex couples.
  5. She discusses a near-fatal car accident that clarified her commitment to Zola, how the company handled the pandemic with new tools and Zola Home, and how it is expanding into Zola Baby and AI-powered features.

IDEAS WORTH REMEMBERING

5 ideas

Early entrepreneurial instincts can come from necessity

Ma says her family's limited money went to school and books, so she had to earn for anything else, which gave her a lasting love of creating something from nothing.

Rapid-growth environments offer outsized learning opportunities

As Gilt's first product manager, Ma saw the company grow from about 30 to over 1,000 people and from near-zero to over 600 million in revenue, giving her chances to build new products she says she otherwise couldn't have.

Personal frustration can reveal a market gap

After finding a friend's registry painful and limited, Ma and Nobu recognized that couples wanted products, experiences, cash, and personalization, which department store registries were not delivering.

Expand when word-of-mouth signals demand

Ma admits Zola waited four years to broaden beyond the registry and advises branching out once product feedback and the P&L show viral, word-of-mouth momentum.

Easy fundraising often rests on a long track record

Ma calls Kevin Ryan's seed investment the quickest yet also the longest-running fundraise, since it came from four years of proving herself and Nobu at Gilt.

WORDS WORTH SAVING

5 quotes

I have wanted to be an entrepreneur before I even knew the word existed.

— Shan-Lyn Ma

The fact that you created something out of nothing. I think, uh, that is still the most fulfilling part of my job.

— Shan-Lyn Ma

It wasn't even a, a decision or a discussion. It was something so obvious that it was offensive to us

— Shan-Lyn Ma

If you really wanna do something and you don't give up, you can be the best and, and by the way, um, you know, it, it could be anything.

— Shan-Lyn Ma

I consider it more as one of the longest-running fundraising stories in that Nobu and I worked with and for Kevin at Gilt for four years.

— Shan-Lyn Ma

Read the available transcript
Childhood entrepreneurship in AustraliaLessons from Yahoo and GiltOrigin of Zola's wedding registryWhen to expand product linesFundraising and shifting investor expectationsInclusivity and the Hallmark Channel ad rejectionSurviving the pandemic and expanding into life-stage products

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SPEAKERS

  • Shan-Lyn Ma

    guest

    Co-founder and CEO of wedding-planning and registry platform Zola.

  • Jeff Berman

    host

    Host of Masters of Scale.

High quality AI-generated summary created from speaker-labeled transcript.

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