WeDo

“So I totally identify with the problem, but I'm having a really difficult time connecting the problem statement to the product, so for me, this one's gonna be a pass, but I can tell you have real enthusiasm and energy about solving this, but for me, it just do…”

“Part of this round, so we're raising a million and a half dollars. We have some great existing investors like Pritzker Group, Crosscut, and Amplify.”

“So if you're a student, you can actually send us your syllabus that gets converted into due dates and reminders for you automatically.”

“We, for example, can even today start predicting if a student's going to fail a class within the first few days of signing up for our product because we're able to see they're not marking off certain assignments, and we know other people who are just like them…”

“A little bit less than a thousand.”

“The thing is, Spencer had successfully raised in earlier rounds to the tune of 1.2 million dollars, he said.”

“Today we're helping students build and maintain healthy routines, and then we use that data to also help them track daily tasks and stuff like that. This is all in the effort of tracking micro actions people take to building a map of human behavior.”

“There have been a lot of predictive planners out there. They all don't work because they have no idea what's happening before work and what's going on after work. They don't know if you didn't sleep enough. Maybe meditating in the morning would really help. Ma…”

“We convert about 6.6% of our users to that paid subscription.”

“And then our retention with our subscription is relatively high, around 60, 80%.”

“We grew to over 800 schools. Last semester we ended with about 15,000 monthly active users.”

“And just from the data alone, we have 20 times the retention of the best products in our space. We're able to get to about 30% retention even after 10 to 12 months.”

“I just think it's a task management app for college kids, and that's all it is right now today.”

“A large Bay Area tech company offered to buy WeDo.”