Wayne Silberman, co-founder of Sortd, discusses how the company acquired its users without paid marketing spend.
0:00 / 0:06exact quote · 6.6s
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“All of our traffic has been organic, and all of our acquisition has come from user referral, things like Product Hunt, Lifehacker”
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More from Wayne Silberman
AssertionNot checkable as stated
South African VCs mostly target post-revenue Series A deals over seed
“I think you find that a lot of a lot of players in the venture space in South Africa are looking for post-revenue opportunities, you know, typically series A.”
Wayne SilbermanJan 26, 2017▶ 11:43EP 551: Sortd, 200,000 users, $500k invested so far, launched2014, othe rbusness funding this that does $1m/yr. Raising $1m sortd
Disclosure
Sortd plans to monetize through industry-specific workflow power packs
“What we want to do to monetize it eventually is we're going to roll out different power packs for specific industries.”
Wayne SilbermanJan 26, 2017▶ 3:53EP 551: Sortd, 200,000 users, $500k invested so far, launched2014, othe rbusness funding this that does $1m/yr. Raising $1m sortd
AssertionNot checkable as stated
Sortd has reached approximately 200,000 total users
“Probably in the region of about 200,000.”
Wayne SilbermanJan 26, 2017▶ 5:36EP 551: Sortd, 200,000 users, $500k invested so far, launched2014, othe rbusness funding this that does $1m/yr. Raising $1m sortd
Disclosure
Sortd has self-invested $500K to $600K into the product
“So we've probably put in about in the region of 506 100,000 dollars, I would say.”
Wayne SilbermanJan 26, 2017▶ 6:38EP 551: Sortd, 200,000 users, $500k invested so far, launched2014, othe rbusness funding this that does $1m/yr. Raising $1m sortd
Disclosure
Sortd is building a Slack product to capture shifting internal communications
“We're actually building a Slack product as well, because we found that a lot of internal communication within organizations is shifting that way.”
Wayne SilbermanJan 26, 2017▶ 8:33EP 551: Sortd, 200,000 users, $500k invested so far, launched2014, othe rbusness funding this that does $1m/yr. Raising $1m sortd
Disclosure
Sortd is self-funded by an affiliated mobile content annuity business
“So there's another three developers on a different business, which is really a low maintenance annuity business in the mobile content space. And that is really actually what funds the development and growth of Sorted.”
Wayne SilbermanJan 26, 2017▶ 11:00EP 551: Sortd, 200,000 users, $500k invested so far, launched2014, othe rbusness funding this that does $1m/yr. Raising $1m sortd
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