Justin Mitchell, founder and CEO of Yac, discusses user metrics and active team counts on the asynchronous voice platform with Nathan Latka.
0:00 / 0:09exact quote · 9.9s
720p mp4 · rendered on demand · StarZero watermark
“So we're typically looking at like weekly active users. So you're looking at about like 10,000, you know, people that are on the platform. You're looking at probably like 300 teams.”
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More from Justin Mitchell
Disclosure
Mitchell: Yac operates with a completely unenforced paywall
“We don't actually enforce a paywall. So we say we have a paywall, but we don't actually enforce any of it. So it'll say, like, upgrade to get the desktop app. But you can technically still download the desktop app without upgrading. It says upgrade to get, you…”
Justin MitchellFeb 11, 2021▶ 10:30Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m
Disclosure
Mitchell: Yac deliberately prices its monthly subscription just below Slack
“We've even priced this thing specifically around, like, we assume you will have Slack, so we don't be more expensive than Slack. We're going to come right underneath it in terms of a monthly price.”
Justin MitchellFeb 11, 2021▶ 13:10Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m
Insight
Mitchell: Yac users who send group messages retain and never churn
“Like if you start sending group messages, you never turn. Like if you're a group messenger, for some reason, that's like a huge sticking point and you just start to stay with the product. If you've never sent like a group message, we definitely see you churn e…”
Justin MitchellFeb 11, 2021▶ 15:32Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m
Opinion
Mitchell: Yac differentiates by prioritizing internal conversational messaging over broadcasting
“The biggest differentiator here is kind of the social graph side of it, right? So instead of this being content that you're creating and you're putting on a help site somewhere, or you're sending in an email, you're dumping into your slack. All the actual comm…”
Justin MitchellFeb 11, 2021▶ 2:10Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m
AssertionSupported
Mitchell: Yac charges $3 annually or $5 monthly per user
“Annually you're paying three dollars a user. Monthly you're paying five dollars a user.”
Justin MitchellFeb 11, 2021▶ 4:13Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m
AssertionNot checkable as stated
Mitchell: Winning a Product Hunt hackathon drove thousands of free users
“They put us in their newsletter. They put us on their medium blog. They tweeted about us, put us on their Facebook. And then we won the hackathons. We were on the homepage of their website and, All of that resulted in thousands of people coming into the funnel…”
Justin MitchellFeb 11, 2021▶ 5:33Yac Is Audio Slack, Hits 10k Weekly Users, Raising $8m on $30m
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