Kate Bradley-Chernis, founder and CEO of Lately, discusses her personal equity ownership with Nathan Latka.
0:00 / 0:04exact quote · 4.3s
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“Low, actually. I need to be re-optioned, so I'm around 38%, I believe.”
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More from Kate Bradley-Chernis
Disclosure
Lately's AI is Trained on Founder Kate Bradley-Chernis's Writing Rules
“So the way Lely's AI works is it first learns from me. I've written thousands of radio scripts and fiction writing major, and it learns from my best practices, which I've listed out for my whole team to Replicate. And so the AI gives us what we need, and then …”
Kate Bradley-ChernisOct 29, 2021▶ 2:38How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
Disclosure
Bradley-Chernis: Managing Facebook and LinkedIn integrations absorbed 75% of Lately's resources
“And that actually, 75% of my headache as far as resources go, is just dealing with Facebook and LinkedIn and all their bullshit, right? And I didn't understand that Lately could actually function and live without that, so it could be an extension of all the ot…”
Kate Bradley-ChernisOct 29, 2021▶ 5:08How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
AssertionNot checkable as stated
Bradley-Chernis: Lately maintains 98% sales conversion despite high churn
“Like I've, I still have that 98% sales conversion. I still have that shit, right? Thank God. That's the AI doing his job. But I have a leaky bucket.”
Kate Bradley-ChernisOct 29, 2021▶ 14:49How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
AssertionNot checkable as stated
Bradley-Chernis: Lately currently has 358 paying customers
“So we have 358 customers.”
Kate Bradley-ChernisOct 29, 2021▶ 3:18How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
AssertionNot checkable as stated
Bradley-Chernis: Lately MRR is $79k, Down from $94k Peak
“MRR is at 79,000. We were up to 94 and we dropped.”
Kate Bradley-ChernisOct 29, 2021▶ 5:47How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
AssertionSupported
Bradley-Chernis: Lately Has Raised $3.3M in Total Capital
Kate Bradley-ChernisOct 29, 2021▶ 6:04How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation
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