Omar Perchik, founder and CEO of Any.do, outlines the unit economics and payback speed of the company's paid customer acquisition strategy.
Assertion Not checkable as stated
Any.do claims retention is 5 to 10x higher than competitors
“I can say that from benchmark tests that we've had, both from, you know, third parties, like SimilarWeb, or even Google gave us some data, we have about five to 10 X the retention of our competitors, like day seven, day 30, day one. No, day one, no, but like d…”
Prediction Not checkable as stated
Perchik: To-do list apps will not be a multi-billion dollar market
“Subscription-based model for a to-do list is a relatively capped market. It's not going to be a multi-billion dollar market. Assistant has the potential of being that.”
Insight
Perchik: Productivity app subscriptions follow gym psychology with early upfront conversions
“One of the unique things about our product is that it's very similar to the psychology of a gym. So a lot of people are willing to pay upfront for a subscription model because they're kind of like want to show commitment to the type of product that they'll be …”
Disclosure
Perchik: Any.do shifting model from subscriptions to automated task completion
“Because the business model that we, the company aims to go like aims to become over time is less premium subscription and more about completion of tasks.
so the idea behind the company is not to really build a to-do list with subscription.
It's to build a to-…”
Assertion Not checkable as stated
Perchik: Any.do gets over 1M daily tasks, AI can handle at least 20%
“Tens of percents. Like, you know, it's over 20%.
Of what?
Of the tasks we're getting on a daily basis.
Oh, I see.
And every day we're getting over a million tasks.
Got it.
Every new day, so.
So there's 200,000 tasks that you think you can use with machine lear…”
Assertion Not checkable as stated
Perchik: Any.do experiences 40% annual paying subscriber churn
“So like, okay, so churn for paying customers year over year, because like, we're mostly like, it's mostly yearly users. So like it's 40% which is, I think is okay.”