How do you keep your wait list engaged?

We launched a product fairly successfully three weeks after we had the idea. The basic approach was to get some early validation (which worked fine) in order to drive development.

So far so good. However, we're building and solving some quite thorny technical challenges to do with email, it's taking time and our waitlist is starting to get grouchy!

Do you guys have any ideas for how to manage this? For context, we try to send an update once a week with features we're working on and progress we're making but I'm starting to wonder if this is a little too often.

Thanks so much,

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Startups – Rapid Growth and Innovation is in Our Very Nature!

ConveGenius uses WhatsApp to help students in rural India keep up with schoolwork: Startup Stories – KrASIA

ConveGenius uses WhatsApp to help students in rural India keep up with schoolwork: Startup Stories  KrASIA
“startups when:1d” – Google News

Datafold raises seed from NEA to keep improving the lives of data engineers

Data engineering is one of these new disciplines that has gone from buzzword to mission critical in just a few years. Data engineers design and build all the connections between sources of raw data (your payments information or ad-tracking data or what have you) and the ultimate analytics dashboards used by business executives and data scientists to make decisions. As data has exploded, so has their challenge of doing this key work, which is why a new set of tools has arrived to make data engineering easier, faster and better than ever.

One of those tools is Datafold, a YC-backed startup I covered just a few weeks ago as it was preparing for its end-of-summer Demo Day presentation.

Well, that Demo Day presentation and the company’s trajectory clearly caught the eyes of investors, since the startup locked in $ 2.1 million in seed funding from NEA, the company announced this morning.

As I wrote back in August:

With Datafold, changes made by data engineers in their extractions and transformations can be compared for unintentional changes. For instance, maybe a function that formerly returned an integer now returns a text string, an accidental mistake introduced by the engineer. Rather than wait until BI tools flop and a bunch of alerts come in from managers, Datafold will indicate that there is likely some sort of problem, and identify what happened.

Definitely read our profile if you want to learn more about the product and origin story.

Not a whole heck of a lot has changed over the past few weeks (some new features, some new customers), but with more money in its billfold, Datafold is going to keep on growing, hiring and taking on the world of data engineering.

Startups – TechCrunch

CEO wants to keep a percentage despite giving zero input

Hey people, Looking for some advice here.

I've been building something in collaboration with someone for the last 4 months or so.

The CEO came up with the desire to build 'something' which helps with climate change but didn't know what to build.

I'm the CTO in the venture.

We have no company, we have no founders agreement, but we do have a collaboration agreement that this specific product will give us each 50/50% of the revenue from it as we both have our own companies (so it's a collaboration between two Ltd companies).

Through trial and error and some brief market research (talking to potential customers), I managed to find a service which I thought was a value add to businesses.

I then custom built a web application myself including content writing, layout, user stories, features etc.

Unfortunately, over the last 3 months, the product hasn't been getting any traction. I believe this mainly down to the lack of selling/promoting/marketing the CEO has been doing.

Yesterday the CEO announces that he is 100% responsible for the non-success of the product so far, and wants to focus on a different product (a paid newsletter). This is mainly because he is working full time on this 'idea' and is quickly burning through his savings.

He has said it's not fair for him to be so intensely involved in the product anymore as he cannot guarantee he can give it the time it needs.

However, instead of leaving 100% of it up to me and giving me ownership of the product, he still wants to retain 15% of the revenue, OR to sell it to me for 1 BTC (current value is £12,400).

He has contributed practically nothing aside from saying "I want to build services for climate change". Everything else (design, development, testing, selling/marketing) has been done by myself.

What do you think I should do here? Give him 15% that he offered instead of the 50% that he's currently taking and continue building the product without him? Thing is, he will be profiting from my efforts despite having zero input.

The product actually links to his website, which links to his newsletter which doesn't really seem fair to me considering I earn nothing from his newsletter.

Or should I fight back and say that if he is not putting any effort in (and hasn't put any effort in), that he should take 0%?

My concern is that if it becomes big and successful, he's taking 15% of something that he's had zero input in aside from the industry as a whole being his idea.

Am I being selfish/stupid here?

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Startups – Rapid Growth and Innovation is in Our Very Nature!