Everything Julie Roth Novak said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Novak: VC Brad Feld agrees that Pinterest is not a PartySlate competitor
“I know I've had many talks with Brad Feld, who's a, you know, one of the leading VCs in the country, and he said to me over and over, Pinterest is not your competitor, and we agree a hundred percent.”
Novak: The Knot and WeddingWire are mass-market; PartySlate targets high budgets
“So the knot and wedding wire are very mass market, and they're great sites, but they say eight out of 10 brides come to the knot, and some of them have small budgets, some of them are doing things that you do it yourself, and what we're doing is going after pe…”
Novak is raising a $3M seed round at a $10M valuation
“Now we're raising a three million dollar seed round at a ten million dollar valuation.”
Novak: PartySlate burns $100K per month with 15 employees
“Our current burn rate is about a 100,000. And we have 15 people.”
Novak: PartySlate amassed 300,000 photos in two years, beating The Knot's 200,000
“So the knot that's been around for 20 years has about 200,000 photos. In our first two years we've had 300,000 photos.”
Novak: PartySlate secured $2.5M, backed by Revolution's Rise of the Rest
“And since that time, I'm excited to share that we've raised 2.5 million of our three million dollar round. And the great news is two weeks ago Revolution Ventures their rise of the rest fund just joined the round.”
Novak: PartySlate Has 300K Photos, 4K Pros, and 150 Paying Customers
“We've launched two years ago. We have 300,000 photos uploaded to the site to date. We have 4000 event professionals sharing their photos, and we have a 150 paying customers.”
Julie Roth Novak: PartySlate booked $340K in first five months
“We have 340,000 dollars sold in the first five months of our monetization.”
Novak: PartySlate is at $40K MRR, forecasts $100K by year-end
“Our MRR is 40,000 right now, and are forecasted to be a 100,000 by the end of the year.”
Julie Roth Novak: Wolfgang Puck Catering bought nine PartySlate memberships
“Wolfgang Puck Catering Group bought nine registered, nine memberships for all of their catering groups, not even their restaurants or private spaces, but for catering.”
PartySlate previously raised $1.9M pre-seed at a $5.5M pre-money valuation
“Then we raised a pre-seed round of 1.9 million at a five five pre a seven four post.”
Novak: PartySlate acquires emails for $1.50 and paid clicks for $0.05
“It's about to get an email address, it's about a dollar 50, but we're getting clicks through Facebook and others when we do paid marketing at about five cents. So it's a very low cost of acquisition.”
THE PITCHLEDGER