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- arjun from doola public investor update: week 12, 2023
arjun from doola public investor update: week 12, 2023
What is up, arjun from doola here with the 12th public investor update of 2023 (note, these updates also make me realize how fast this year is going, wild, 12/52 down)
Read this on Twitter ->
Read this on LinkedIn ->
Without further ado, lets doola it and dive in
Key Ask: Design at doola ๐
โข We're looking to grow our design team and we are hiring a product designer and a marketing designer (remote or NYC). If you know someone extraordinary, please do let me know ($5000 referral bonus for a full-time hire we make via intro)
WoW Growth Summary ๐
โข ARR (Annual Recurring Revenue): $XM +1.4% (vs +0.89% last week)
โข Subscribers: XK +2.38% (vs +2.53% last week)
Image Source: Startup = Growth, by @paulg
Team ๐ฅ
โข Current Full-Time Team (43)
โข Hiring (Top 4 Roles): Finance #1, Lifecycle Marketing, Design #1, Account Manager
โข Link to Careers Page: https://www.doola.com/careers
Mission ๐ฎ
โข Talent is everywhere, but opportunity is not. Our mission is to unlock the potential of human entrepreneurship and democratize access to the US financial ecosystem by empowering 1M founders globally to turn their dream idea into their dream US business.
@doolaHQ Lowlight ๐ซค
โข Our website went down twice this week means prospective and current customers could not get started or access their documents via the dashboard. We have implemented more rigorous testing and alerting to prevent this from happening in the future.
@doolaHQ Highlight ๐
โข New SWAG came in (all T-Shirts + Sweaters have QR codes on the back). Excited to start handing this out to grow the doolian army in NYC, and globally
Investor: 2022 was a pretty good year... you 8x+d revenue. But, Arjun, you NEED to reduce CAC.
Me: Certainly. Say no more.
*wears @doolaHQ QR code sweater to the Taj Mahal which receives over 20k visitors/day *
Stay tuned. In 2023 we WILL reduce CAC (or become a meme tryinโ)
โ Arjun Mahadevan (Mr. LLC ๐บ๐ธ) (@arjunmahadevan)
12:39 PM โข Jan 10, 2023
Personal Highlight ๐
โข "Personal Highlight" because it's from my personal account but this account is being used to help build LLC branding for @doolaHQ (as you can see from ample usage of the word "LLC" ๐): hit 20K followers on @linkedin ๐
Personal Lowlight ๐ซค
โข Average players want to be left alone. Good players want to be coached. Great players want to know the truth. Grateful to have co-workers & friends who, even if they know it "might not be positive" are willing to share feedback. But on me to act upon it.
Thanks & Kudos ๐
โข @nicolegranet for the introduction
โข @adammoelis for the intro
โข @bonam for onboarding flow feedback
โข @coryoringer for partnership intro
โข @no_fear_inc for the tags +Shares on Linkedin to help doola out
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And that's a wrap! Any feedback?
โข What was awesome?
โข What was boring?
โข What was confusing?
โข What didn't you believe?
Please hit reply and let me know (I read every email I get) ๐
See you next week ๐ช
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