Tarik Khribech — Founder & CEO of AllBetter

Founder & CEO · AllBetter

Tarik
Khribech

Moroccan-born. Chicago-built. Betting 18 years of his life that independent operators beat private-equity roll-ups — when someone finally builds them honest infrastructure.

Tarik Khribech — founder and CEO of AllBetter

WGN-TV Chicago Tribune WGN Radio CrunchbaseThe OrgBillionSuccessValiantCEO

18 yrsbuilding businesses
400+retail doors, first venture
$25K+returned to Moroccan co-ops
22,582marketplace bids published

What he built

One $500 Repair. Watch Where the Money Goes.

Sixty seconds through the system Tarik built — demand, supply, and operations on one loop.

01 — THE BET

An immigrant with a CS degree and a chip on his shoulder.

Tarik came to the United States from Morocco with no network and no shortcuts. He earned a Master’s in Computer Science at Elmhurst College, then learned how money actually moves inside Citi and Discover — payment rails, risk, trust at scale. The corporate track was open. He didn’t take it.

In 2008 he launched his first business and grew it into 400+ retail locations. No venture capital. No playbook. Distribution won door by door — and the thesis he’s never let go of since: small operators win when someone builds them real infrastructure.

02 — MOROCCAN GOLD

The business the Chicago Tribune wrote about.

In 2012 he built L’Or D’Afrique — organic argan oil bought directly from women’s cooperatives in Morocco and sold in roughly 400 salons across America. The Chicago Tribune called it “Moroccan Gold.” WGN-TV named him one of “Chicago’s Very Own.”

The detail that matters: he sent more than $25,000 back to the cooperatives that made the product. The pattern was already visible — build the pipe, then make sure the people doing the actual work get paid properly through it.

“I posted one job and got 12 spam calls before breakfast. The pro I hired ghosted with my deposit. Nobody had my back. So I built the app I wished existed — verified pros, escrow on every job.

03 — THE $2,400 LESSON

Lead-gen apps burned the exact person they claim to serve.

Angi cost him $2,400 — as a customer. His phone number was sold to strangers. The deposit walked away with a pro nobody had verified. Every incentive in the lead-generation model rewarded the platform and punished both sides of the actual transaction.

In 2016 he founded ChoreRelief in Chicago: post the job, let verified pros bid, hold the money in escrow until the work is approved. WGN Radio’s Rick Kogan put him on air to explain why a home-services app should work like that. In 2020 it became AllBetter — one platform, three apps: HomeFix for homeowners, JobPro for pros, Field for service businesses.

04 — THE TRANSPARENCY WAR

While PE rolls up the trades, he publishes the prices.

Private equity has spent a decade quietly buying America’s plumbers, HVAC companies, and roofers, then raising prices behind national brands. Tarik’s answer isn’t a press release — it’s data. AllBetter publishes its own marketplace numbers: 22,582 real bids, analyzed in the open — including the stat the roll-ups would rather you didn’t see: a 140% median spread between the highest and lowest bid on the same job.

That’s the whole position: transparency is the structural threat to roll-up economics. A marketplace that shows real prices can’t be quietly marked up. It’s the same bet as 2008, at category scale — independent operators, given honest infrastructure, win.

What he’ll say on your mic

Three Positions Worth Arguing With.

Price transparency kills roll-up arbitrage.

PE buys trades businesses to mark up prices behind national brands. Published bid data makes the markup visible — and visible markups don’t survive.

Lead fees are a tax both sides pay.

$15–$100 per lead doesn’t vanish — it rolls straight into the homeowner’s quote. Bids beat leads: pros pay only when work completes and gets paid.

Escrow is the trust primitive.

Reviews can be faked. Badges can be bought. Money that doesn’t move until the work is approved is the only trust signal that can’t lie.

The Trades Don’t Need
Another Middleman. They Need a Fair Market.

That’s the argument. Bring him on your podcast, your panel, or your cap table — and argue with it.