Assertion certainty 4/5 debate potential 3/5

Spencer Shulam: WeDo achieves 30% retention, beating competitors by 20x

Spencer Shulam · #65 Wait, Your App Does What Exactly? · Mar 3, 2025 · at 6:32

Spencer Shulam pitches his startup WeDo to venture capitalists on The Pitch, discussing user engagement metrics.

0:00 / 0:09exact quote · 9.8s
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“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.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Spencer Shulam

Assertion Not checkable as stated
Spencer Shulam: WeDo can predict whether a student will fail a class
“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…”
Spencer Shulam Mar 3, 2025 ▶ 12:40 #65 Wait, Your App Does What Exactly?
Disclosure
Shulam: WeDo tracks micro-actions to build a map of human behavior
“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.”
Spencer Shulam Mar 3, 2025 ▶ 2:46 #65 Wait, Your App Does What Exactly?
Insight
Spencer Shulam: Predictive planners fail without 24/7 personal routine data
“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…”
Spencer Shulam Mar 3, 2025 ▶ 19:41 #65 Wait, Your App Does What Exactly?
Assertion Not checkable as stated
Spencer Shulam: WeDo reached 15,000 active users across 800 schools
“We grew to over 800 schools. Last semester we ended with about 15,000 monthly active users.”
Spencer Shulam Mar 3, 2025 ▶ 6:50 #65 Wait, Your App Does What Exactly?
Assertion Not checkable as stated
Spencer Shulam: WeDo converts about 6.6% of users to paid subscriptions
“We convert about 6.6% of our users to that paid subscription.”
Spencer Shulam Mar 3, 2025 ▶ 11:21 #65 Wait, Your App Does What Exactly?
Assertion Not checkable as stated
Spencer Shulam: WeDo has slightly fewer than 1,000 paid subscribers
“A little bit less than a thousand.”
Spencer Shulam Mar 3, 2025 ▶ 11:27 #65 Wait, Your App Does What Exactly?
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