Henry Shapiro, co-founder of Reclaim.ai, shares the startup's financial runway and urgency to monetize.
0:00 / 0:05exact quote · 5.5s
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“In terms of monetization, you know, we're basically, I'd say a couple of years away from the sort of the edge of the cliff.”
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More from Henry Shapiro
Insight
Blocking out entire calendars creates extra Slack communication overhead
“If you block out your whole calendar, You're probably creating even more work for yourself because now you've got like people pinging you on Slack and saying, Hey, there's no time on your calendar. Can I get a few minutes? You know, can you move this thing?”
Henry ShapiroDec 16, 2021▶ 3:49Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY
Insight
Freemium SaaS must display future pricing so organizations can comfortably standardize
“We put pricing out there because we know that it's really hard for people to standardize on anything if they don't really know what to expect once the thing becomes, you know a paid product.”
Henry ShapiroDec 16, 2021▶ 5:43Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY
Disclosure
Calendly founder Tope Awotona invested in scheduling competitor Reclaim
“We brought 40 or 50 other strategic angels, including Tope from Calendly into the cap table.”
Henry ShapiroDec 16, 2021▶ 12:42Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY
AssertionNot checkable as stated
Reclaim runs millions of daily simulations against user calendars
“We run millions of simulations daily against calendars.”
Henry ShapiroDec 16, 2021▶ 4:13Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY
AssertionNot checkable as stated
Reclaim is used across more than 6,000 companies
“We're being used, as I mentioned, across a little over 6000 companies today, meaning we have, you know, anywhere from, you know, several to dozens to hundreds of users inside of these companies and we're spreading pretty quickly.”
Henry ShapiroDec 16, 2021▶ 5:05Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY
AssertionSupported
Reclaim has raised $6.3 million in total funding
“We've raised 6.3 million in total.”
Henry ShapiroDec 16, 2021▶ 6:21Is Reclaim the Next Calendly? 16,000 Users Keep Using Every Month, up 400% YoY
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