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- A hot startup raised $66 million in 5 days using these 24 slides
A hot startup raised $66 million in 5 days using these 24 slides
The deck starts simple and sweet.
The next slide shows the problem Front is trying to solve.
And then explains how it could be fixed.
This slide shares some of the coolest features.
Front has become more useful over time.
Here's a list of big name customers to boost its credibility.
A simple bar chart shows Front's revenue growth.
Low churn means customers are not leaving your product. Data proves customers are finding Front useful — and keeping their subscriptions.
Customers also use the app more over time.
Front is growing the team that sells subscriptions.
And is landing bigger and bigger clients.
Front uses a mix of sales and marketing to draw more customers.
It's growing a customer base as it sustains its growth.
People like working for Front, too. There have been zero voluntary departures among people employed for more than three months.
The company's being smart with its cash.
It aims to have a positive operating margin by the end of 2019.
Now on to why the company needs to raise money ...
The opportunity is huge.
Collin wants to hire even more engineers to improve the product.
This slide hints that Front is looking to expand beyond messaging.
Front wants to own the external communications space.
But it's not sharing the long-term vision with us just yet.
Front has some big ideas in the works as it chases its vision.
That's it!
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