Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Justin Mitchell

๐Ÿ‘ค Speaker
305 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

It was early access before that.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

So they weren't even able to, you know, get in without like an invite code.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

So March 2020, we were actually going to do this at South by Southwest, but then COVID hit and we had to do everything digitally.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

So churn is improving all the time, but probably very awful for us.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

And we don't measure it on revenue right now.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

It's definitely on usage.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

So we're seeing it based off of active users on a daily basis.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

We definitely have a cliff.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

If you start sending group messages, you never churn.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

If you're a group messenger, for some reason, that's a huge sticking point and you just start to stay with the product.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

If you've never sent like a group message, we definitely see you churn early.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

So a lot of what we're doing right now is kind of like optimizing in funnel stuff as soon as you get in, like introducing them into the concept of group messaging.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

Here's a channel.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

Here's how you create one.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

Here's how you invite more people.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

And there's so much that we need to do to improve on that.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

Like I said, it's a weird concept.

SaaS Interviews with CEOs, Startups, Founders
Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m

It's a different way of working.