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Hi Matt, it's an internal communication tool for team alignement. We used to sell to HR deps of companies w/ more than 150 employees with distributed workforce
by badthingshappen 3y ago
Hi Matt,
it's an internal communication tool for team alignement. We used to sell to HR deps of companies w/ more than 150 employees with distributed workforce and/or multiple offices/HQ.
We lost our customers due to massive COVID layoffs and budget cuts. HR usually is the first dep affected by budget cuts when a company goes into "survival mode".
Since this is the first time we skipped the "100% bootstrapped" path to go to the fund/angel/vc one, we have to deal with these convertible notes.
So the question is: how can we close it quickly and cheaply?
- jklein11 3y agoI know this is completely unrelated to you post but I'm surprised that COVID impacted you so hard. I would have thought that the trend toward hybrid work would have boosted demand. Any insight as to what didn't work?