Leadmonk: Co-founders split equity 54-46
Naveen SG · He spent $30k to build a text based version of Calendly, here's how he got first 50 customers · Sep 1, 2022 · at 11:54
Leadmonk founder Naveen SG discloses the cap table ownership split between himself and his co-founder.
0:00 / 0:02exact quote · 2.9s
720p mp4 · rendered on demand · StarZero watermark
“Yes. Like 50, yeah. 54, 46.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Naveen SG
Naveen SG: Calendly and Acuity are built only for email scheduling
“All the traditional softwares which are there, like Calendly or Acuity Scheduling, they are all built for email address based appointment only.”
Naveen SG: Leadmonk targets long-tail SEO because Calendly dominates short-tail keywords
“Some of the long keywords, we are focusing mainly on the long keywords, because all the short keywords are taken over by the calendar, the acuity scheduling, all this. We can't really bid on that.”
Leadmonk Acquired First Customers With Zero Digital Marketing Spend
“And the main point is we have not invested even a dollar in the digital marketing campaign.”
Leadmonk converted just 10 paying customers from its 500-person waitlist
“To be honest, from that find at least, we could convert only like, you know, or hardly 10 customers, but remaining forty-plus customers we got in the last two months who are the new customers who came on board.”