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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

So we want to see a team start out with three, four people, you know, expand out to five, seven, you know, eight people, and then move up to maybe that 15 number, which we think is a good sweet spot for kind of like a larger team.

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

And we're really, that's kind of our focus in Q1 of this next year is going to be going into existing teams and saying, what features are you missing?

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

Or why aren't you onboarding more people?

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

How can we help you get more people?

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

Because we already have really kind of the mass adoption from multiple companies.

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

those existing teams grow.

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

And obviously that means that that results in, hey, you hit a peak or you hit a usage, you know, top out where now you need to upgrade and pay as well.

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

So instead of doing like cold call sales and trying to reach new companies, we're really trying to go into the existing teams that are using the product saying, hey, how do we scale this?

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

Oh, we didn't even know that group messaging existed.

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

Oh, we didn't even know a Slack bot was an option.

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

And so now that we have these features, we're going to go back out to them and say, great, so upgrade to the Teams plan will activate that Slack integration for you.

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

Yeah, so active we define as basically an every other day usage because it's a meeting tool, right?

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

And so we don't necessarily always see daily usage out of each team, especially dipping around like weekends, right?

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

So we're typically looking at weekly active users.

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

So you're looking at about 10,000 people that are on the platform.

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

You're looking at probably 300 teams.

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

Yep.

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

So we're looking at registrations every day.

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

We're in...

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

precincting on a regular basis, but we have hundreds of people that are registering on a day-to-day basis.