arjun from doola public investor update: week 7, 2023

February 20, 2023

What is up, arjun from doola here with the SEVENTH public investor update of 2023 (note, these updates also make me realize how fast this year is going, wild, 7/52 down!)

You can also read this update on Twitter and see all previous weekly updates in the MEGA THREAD:

Without further ado, lets doola it and dive in!

#builtwithdoola Customer Spotlight 🎥: RAIZE

RAIZE is a specialty bakery crafting the best tasting keto/diabetic-friendly, zero-added-sugar, low-carb, gluten-free cookies and cookie sandwiches out there. They’re here to help you enjoy dessert while feeling good and staying healthy with delicious cookies shipped right to your door.

For the next 48 hours, RAIZE is offering 15% off your first order with the code “doola15” - click here to check out the best healthy cookies on the internet and get your discount automatically applied at checkout 🍪

#builtwithdoola by Zach Ranen

Key Ask 🙏

• Who is the best salesperson you know? Remote role (our customers are in 150+ countries around the world). You'll get to meet founders globally and work directly with me. DM/email me at arjun at doola dot com ($1K referral if we hire)!

WoW Growth Summary 📈

• ARR (Annual Recurring Revenue): $XM +2.98% (vs +2.59% last week)

• Subscribers: XK +4.4% (vs +3.5% last week)

Image Source: Startup = Growth, by @paulg

Image Source: Startup = Growth, by @paulg

Team 👥

• Current Full-Time Team (36)

• Hiring (Top 3 Roles): Sales, Finance #1, Design #1

Mission 🔮

• 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 🫤

• Our Google Ads campaign crashed reducing traffic (and downstream conversions). This served as a great reminder to the team how important it is to not be 100% dependent on paid channels and to diversify acquisition channels (partnerships, SEO, social)

@doolaHQ Highlight 😄

• MOMMA WE MADE IT TO @businessbarista's 60-SECOND-STARTUP

Personal Lowlight 🫤

• Apparently the pants I've been wearing are way too tight and baggier pants are in style these days (heard this from two people). My response was "I DO NOT skip leg day so #quadgainz" but oh well, looks like I need to buy some baggier pants 🤣

Personal Highlight 😄

• MOMMA WE WENT VIRAL ON TWITTER. 3.4M IMPRESSIONS. SOCIAL MEDIA IS WILD 🤯 ALL HAIL THE ALGORITHM 🤖

Thanks & Kudos 🎉

• @SahilBloom for the coffee mug recommendation (nobody cares. work harder) ☕️

• @businessbarista for the @doolaHQ shout-out in the the "mission critical tools for starting & running a new venture" stack:

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That's a wrap!

Any feedback?

  • What was awesome?

  • What was boring?

  • What was confusing?

  • What didn't you believe?

Please hit reply and let me know (I read every email I get) 🙏

See you next week 💪