11.11.24 Punt Update
1. Overview
- Week in Review: Significant progress was made this week on product development, and we successfully onboarded 9 new users as design partners in the app.
2. Key Metrics
- KPIs:
- Revenue: $0 (pre-revenue)
- User Growth: Increased user base from 36 to 45, marking 25% week-over-week growth.
- Retention: Zero users have disabled Punt, indicating strong engagement.
3. Product/Operations
- Product Highlights:
- Enhanced prompt engineering with OR/AND/[FILL] templates and branching auto drafts.
- Developed a Chrome extension with grammar and parser functionality for templates.
- Achieved feature parity for Outlook with Gmail integration.
- Introduced a rich text editor for customizable email signatures.
4. Sales & Marketing
- New Deals/Pipeline: Sales are on hold until team accounts are launched, at which point we anticipate initiating sales efforts.
- Marketing Initiatives:
- Implementing email marketing campaigns through MailReef and Smartlead.
- Finalizing Loops.so for newsletter email updates.
- Rolling out Google competitor and remarketing ads to increase visibility.
5. Financials
- Expenses: The company remains self-funded, with total spending at $5,030.
6. Current Focus/Priorities
- Top 3 Priorities:
- Increase signups and set meetings with prospective design partners.
- Launch new product features.
- Continuously learn, iterate, and enhance based on user feedback.
- Immediate Goals:
- Achieve a 25% increase in user base (target: 57 users).
- Complete Google TAC Security compliance.
- Advance prompt engineering development.