The Ledger
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Awotona: Scheduling software requires a great recipient UX for mass adoption
“If this would gain mass adoption, you really needed to build for both For all participants, you needed to make it a great experience for every for all the users of the product, whether they were your own registered users or the people who were receiving invita…”
Awotona emptied his 401(k) and maxed out credit cards to fund Calendly
“So cobbled together my four one K and my savings and then and then some debt and maxed out all my credit cards and put it all in on on this on this idea that at the time didn't even have a name.”
Awotona: Selling Calendly to an acquirer like Salesforce is not an option
“Absolutely not. I'm very excited about what we're doing, and I feel like we're just getting started, and there's a lot to do, and so that's not remotely on my radar.”
Awotona: Calendly has raised only $550,000 in total outside venture capital
“On the balance sheet, just the half the 550,000 dollars. That's all the outside money that's gone into the business.”
Awotona: Calendly launched completely free because he ran out of money
“Because I ran out of money, we couldn't build the billing features. And so by default, the product became a hundred percent free.”
Awotona convinced Calendly's external development agency to work on credit
“Funded it myself and ran out of money. And then I convinced Railsware to work for, not work for free, but to work with understanding that when I raised money, I would pay them back. So I was able to get them to work on credit.”
Awotona: Calendly's roadmap aims to automate the entire meeting lifecycle
“Our overall vision is to take the work out of meetings, right? So we really think about our mission as not just removing the back and forth of scheduling, but how can we really automate the entire meeting experience, right? So, you know, too often, not only ar…”
Awotona: Calendly reached approximately 15,000 users by September 2014
“Maybe about 15,000 at the time.”
Raz: Small businesses booked 13 million more meetings during pandemic lockdowns
“In fact, the company reported in August that since going into quarantine, small business owners have set thirteen million more meetings than they did in the same time period before the lockdowns.”
Awotona: Dev shop Railsware rejected equity-only compensation for building Calendly's MVP
“One of the things I tried to propose was, hey, why don't I just give you a cut of the equity and you can work for free but even they weren't willing to take that risk.”
Awotona: Calendly's first 300 to 500 signups heavily came from K-12 educators
“The first, you know, 300 to 500 signups really came heavily from K through 12, but after that initial wave of K through 12, it spread to all kinds of different industries, it spread to people in all kinds of different roles. It was salespeople, it was recruite…”