Quote:
Originally Posted by cwar
So since you made a thread, I would ask that you give back and answer some information:
-Have you raised funds? / Do you see this as an investible business?
-How did you get it coded?
-Are you planning pivots? How do you plan on creating something significantly better / differentiated than calendars?
I'm happy to share my thoughts.
No, we have not raised funds.
I do see it as an investable business. I'm not sure in the end whether it is a small business or a big business, but I do see that we are creating value for people that hasn't been created before. Badger is useful for a wide variety of people so the potential is there. The majority of the most successful mobile apps have a very wide appeal (e.g. Whatsapp). Badger also has a level of natural virality because you are literally sending others messages.
That being said, when you are operating on a freemium model basis it is dangerous and most startups shouldn't do it. Too many do this and it often doesn't make sense for that business (e.g. Jet.com with e-commerce is losing 20% per item they sell, which I think is nuts).
What happens in Silicon Valley is that in good times people become more and more optimistic about worse and worse business models.
In the long run we'll have ways to make a living. . e.g. an enterprise version of Badger.
I'm just not 100% sure what it'll be thus me recommending most people not wandering down the freemium model road. It's a dangerous road. I kind of had no option, but to do this in my mind. I wanted to see this exist and it was useful for me and we are willing to go for it.
How did I get this coded? Since I stopped playing poker 4 years ago I jumped into the world of Silicon Valley and am very fortunate to have found some excellent people to build with. I can build myself to a degree, but my co-founder is the one who is responsible for what we have.
No, we are not planning on pivots. I feel that mentality is bad in the early stages. It means that you have your thesis completely wrong and you should believe in your thesis. That being said, there are different mentalities that work. For instance at Ycombinator they teach people to experiment till something works, which there is nothing wrong with it. It's more of a personal preference thing. We know Badger is working, we just don't know whether it'll work in a big way or a smaller way.
I'm not confident I have a good answer to your final question. I mainly liked Badger because I wanted something simple that anyone could use, whereas I view Calendar's as cumbersome and full of options, but that really only works for power users. I have a friend who has 17 different calendars going and has all kinds of things in there. For me, I want to have my events and meetings on my calendar.
One thing we have done is add a Badger yourself button. There are many products to remind yourself to do things so it has been surprising to see how many of our earliest users have added their own phone number to Badger themselves. I think it is because people want to do all of their reminding in one app.