arjun from doola public investor update: week 21, 2023

What is up, Arjun from doola here with the 21st public investor update of 2023 (note, these updates also make me realize how fast this year is going, wild, 21/52 down, that’s over 40.38% of the year 🤯).

• You can read this on Twitter →

• You can read this on LinkedIn →

Without further ado, let’s doola it and dive in:

Arjun’s Exclusive Offer of the Week: PaintBrush

It’s an exciting time to start a new business and you might be looking for some capital to get off the ground.

Our newest partner, Paintbrush, offers $50K in funding at the idea stage—yes, really.

Here’s more on the $50k Paintbrush Loan:

• $50k, non-dilutive startup capital
• No revenue or product required, available immediately after incorporation
• Apply in as little as 10 minutes and you could get next-day funding 
• Maintain full ownership of your company and rest easy knowing that the loan is backed by an income-driven guarantee
• Get a dedicated success manager ready to answer all your questions and connect you with the resources you need to grow your business. 
• And if you decide to start pitching venture capital, Paintbrush has a network of VCs to connect you with.

If you’re an early-stage founder, Paintbrush could be the perfect solution for you, with its resources and support team to help you scale as your business grows. See if you’re a fit in as little as 1 minute →

How do you turn your dream idea into your dream business ⁉️

It all starts with an idea 💡

And this is the sign you’ve been waiting for 🔮

What are you waiting for?

Just doola it.

Schedule a free consultation with the doola team and we can help you start your dream business, today. →

Key Ask: Ambassador Program

Interested in:

• Working with a YC startup?
• The opportunity to make $$$, via a 15% revenue share?
• Working directly with me on initiatives to help increase entrepreneurship globally?

Apply today →

WoW Growth Summary 📊

• ARR (Annual Recurring Revenue): $XM +0.71% (vs +0.70% last week)

• Subscribers: XK +1.93% (vs +1.96% last week)

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 1B founders globally to turn their dream idea into their dream US business 🇺🇸

doola Highlight 😄

• Had a blast playing volleyball with the @doolaHQ team in NYC at Hudson River Park.

doola Lowlight 🫤

• We’ve seen a low dial rate from prospective customers to a new phone number system we added to our onboarding flow. We’re going to iterate here to see how we can better position the number to help customers, without decreasing self-serve conversions.

Personal Highlight 😄

• Becoming a bigger fan of dark chocolate (vs milk chocolate) but still deciding which Trader Joe’s bar I like more (comment if there is another brand/type I need to try)

Personal Lowlight 🫤

• I have to stay more on top of nurturing/maintaining relationships with existing @doolaHQ partners instead of solely focusing on finding net new partners. Can achieve this by carving out dedicated time for both groups, as growth & insights come from both.

Thanks & Kudos 🎉

• @zachpogrob for the book rec (Total Recall, by @Schwarzenegger)
• @spheremailco for the #NYSEFloorTalk shoutout on LinkedIn
• @nicholascrown for having me on his podcast (watch the full episode on YouTube)

And that’s a wrap 🎉

Please hit reply and say hi / let me know if you have any questions (I read every email I get)

See you next week 💪

PS: Read all of the previous weekly updates if you’d like

PPS: If you have any questions about formation, banking, or taxes, you can schedule a free business consultation with the doola team today

Dan Bound-Black

Director of Lifecycle Marketing