Goodwater

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Goodwater

Goodwater

@GoodwaterCap

We are consumer tech investors empowering exceptional entrepreneurs everywhere to change the world for good. Learn more at https://t.co/h57pXYc9IJ

Katılım Nisan 2014
63 Takip Edilen3.3K Takipçiler
Goodwater retweetledi
Michael Guan
Michael Guan@dralaska_·
Interviews are broken. resumes mislead. We helped 100k+ people land jobs & scaled to $10M ARR. now we’re rebuilding hiring from scratch. meet WorkTrial AI — where companies see the real work before they hire.
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Goodwater retweetledi
Barrett Parkman
Barrett Parkman@BarrettParkman·
What does great Series A growth actually look like in consumer tech? Fresh data pull from Goodwater Capital Sonar...
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Goodwater
Goodwater@GoodwaterCap·
📈Balancing Supply and Demand Pt. 1 📈 with @jonmcneill , CEO and co-founder of DVx Ventures, past President of Tesla, and former COO of Lyft.
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Goodwater@GoodwaterCap·
How do you maintain customer centricity as you scale? @jonmcneill, the visionary former President of Tesla and COO of Lyft, discusses his 80/20 rule in this clip from one of his Goodwater masterclasses. Jon dedicates one day a week to engaging directly with customers - critical for getting a first-hand look at customer feedback, challenges, and the competitive landscape🚀 #consumertech #consumerinvesting
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Goodwater@GoodwaterCap·
Congrats to @Read_CMO on their $21M Series A, led by Goodwater! Read AI is building the future of work, where every interaction is improved with AI. We're grateful to partner with @davidshim and his team as they continue to deliver amazing value to customers in this next chapter 🚀
David Shim@davidshim

I'm excited to announce that Read AI has raised $21MM Series A led by @GoodwaterCap! In addition to the raise, @Read_CMO is introducing Readouts, AI summaries for email and messages (to go along with meetings). This past year has been one for the record books with a 15x increase in meetings summarized, 18x increase in revenue, and 19x increase in new accounts (January 2023 vs March 2024). As part of the raise, Coddy Johnson, Partner at Goodwater, and former President and COO of Activision Blizzard will be joining the Board of Directors. “Read AI is at the forefront of reshaping how we work and collaborate. Whether in office, remote, in a community or with our families, Read AI’s connected intelligence brings together all the disparate inputs - meetings, emails and messages - to deliver clear actions and insight. These capabilities have made Read AI one of the fastest-growing consumer utility apps of all time. Goodwater is honored to join David and his team as a partner to help accelerate their growth and impact even further" - Coddy Johnson Read is about getting to the heart of work – creating value, not sorting emails, expanding threads, and sitting in meetings and we couldn't be more excited to build to this mission with Goodwater, @MadronaVentures, @mattmcilwain. And a special call out to the team at Read, and my co-founders Robert Williams and Elliott Waldron. We started with the idea that meetings could be improved with technology, and now we're building the future of connected intelligence and productivity AI. read.ai/post/read-ai-r…

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Goodwater@GoodwaterCap·
Goodwater portfolio company @EmpowerlyInc runs a Startup Internship Program (SIP) that matches high-performing interns with cutting-edge startup companies at no cost to participating startups. Empowerly students are seeking both remote and in-person opportunities. Internships can be unpaid or paid internships in technical and non-technical roles. Interested? Sign up here by March 27. go.empowerly.com/startup-intern… #startups #internship
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Goodwater@GoodwaterCap·
Goodwater Partner, @coddyjohnson's advice on the best input for digital product #consumertech companies, to achieve higher retention, lower CAC and network effects.
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Goodwater@GoodwaterCap·
Users who come back 7 days in a row typically drive 80% of revenue. Consumer pro tip: Focus on increasing the number of “7 of 7” users and encourage your team to build for them! Speaker: Coddy Johnson, Partner, Goodwater Capital #consumertech #engagementloops
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Goodwater@GoodwaterCap·
Check out our latest interview with @CatalinVoss, Co-Founder & CTO at @ReadWithEllo! Democratizing education through AI for the win 👏
Goodwater Capital Eng + DS@GoodwaterCapEng

🚀 Excited to share our latest interview with Catalin Voss, co-founder & CTO of @ReadWithEllo, an AI reading coach for children! 📚✨ Join us as we dive into how Ello democratizes education with personalized, scalable instruction powered by AI: goodwater-engineering.medium.com/leading-an-ai-…

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Goodwater@GoodwaterCap·
Milestone alert: Goodwater portfolio company @monzo has raised $430 million in their latest round of funding. We are proud to have partnered with @TSMonzo, @skaladeen, @t_blom, and the Monzo team since leading their Series C in 2017. They have built the world’s best digital bank and are just getting started! With this new funding, Monzo is poised to bring its amazing suite of financial services to tens of millions more customers around the world. Congrats! Read more here: bit.ly/monzo-430mm-ra…
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Goodwater@GoodwaterCap·
Here, we can see '23 change in marketing spend relative to revenue by industry. Health/Real Estate are up, while Workplace/Retail Services saw the largest drop. Overall, Health/Travel/Media had the highest marketing spend overall as a % of rev. Are you seeing the same trends?
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Goodwater@GoodwaterCap·
Over the next week we will be posting more insights from our H2 '23 Goodwater User Acquisitions Trend Report - stay tuned!
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Goodwater@GoodwaterCap·
The good news: marketing spend relative to revenue has decreased, or at least flattened, for companies of all sizes. We also see that relative marketing spend decreases with scale, a requirement for achieving profitability. Are you doing or seeing the same? #marketing #consumer
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Goodwater@GoodwaterCap·
Every 6 months, we study our proprietary data repository to understand the latest trends in consumer tech. One key area of interest, post-ZIRP bubble, is how consumer tech startups are deploying marketing dollars.
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