Published: Nov. 16, 2016, 10 a.m.
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Brandon Foo, co-founder and CEO of Polymail (YC S16) \\u2013 an email platform making businesses and companies more productive. Previously, he co-founded CTRL LA Collective, a co-working space in LA. He graduated from UCLA where he co-founded Bruin Entrepreneurs which is now the biggest entrepreneurship organization at UCLA. Listens as Brandon shares how he built Polymail and why entrepreneurs prefer it over Gmail.
Famous Five:
- Favorite Book? \\u2013 N/A
- What CEO do you follow? \\u2013\\xa0 Aaron Levie
- Favorite online tool? \\u2014 Asana
- Do you get 8 hours of sleep?\\u2014 7-8
- If you could let your 20-year old self, know one thing, what would it be? \\u2013 \\u201cSpend more time with side projects and less on school work\\u201d
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Time Stamped Show Notes:
- 01:35 \\u2013 Nathan introduces Brandon to the show
- 02:08 \\u2013 Polymail is a super-powerful email platform designed for business users
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- 02:18 \\u2013 With just 1 app, you can do a lot with your email
- 02:37 \\u2013 It is a complete stand-alone email client
- 03:15 \\u2013 How are you convincing people to make the switch?
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- 03:20 \\u2013 Polymail supports multiple accounts
- 03:52 \\u2013 People are looking for a complete product experience and Polymail has that
- 04:31 \\u2013 A lot of features of Polymail are not in the regular Gmail
- 04:54 \\u2013 Polymail started in 2015
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- 05:02 \\u2013 Launched a Mac prototype in December 2015
- 05:12 \\u2013 There\\u2019s a tremendous traction
- 05:38 \\u2013 Brandon built a small community of people who were invited to try the app
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- 05:48 \\u2013 They have a Slack group so Brandon can get feedback on a daily basis
- 06:10 \\u2013 When they officially launched Polymail, these people downloaded the app and left reviews
- 07:12 \\u2013 Polymail is a free app at the moment
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- 07:20 \\u2013 Polymail pro is in the works but you can sign-up for it now
- 07:41 \\u2013 Polymail pro has much more advanced features
- 08:00 \\u2013 Over 20,000 daily active users of Polymail
- 08:12 \\u2013 150,000 total downloads and people who signed up
- 08:27 \\u2013 Every time Polymail will release a new feature, they will email the whole list of people who signed up to get them engaged in using Polymail
- 08:52 \\u2013 Brandon had raised around a million dollars
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- 09:12 \\u2013 Brandon used a convertible equity
- 09:24 \\u2013 Team size of 5
- 09:48 \\u2013 The goal for Polymail is to build the platform for external communication on top of email
- 10:08 \\u2013 \\u201cEmail is a critical product for business people so we saw the opportunity there\\u201d
- 11:23 \\u2013 Polymail is not for a short-term outcome
- 12:00 \\u2013 They just wrapped up their seed round
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- 12:30 \\u2013 They wrapped it up in September 2016
- 12:48 \\u2013 Target people
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- 12:56 \\u2013 A lot of the users are solo entrepreneurs
- 13:45 \\u2013 There\\u2019s no significant changes with Gmail for the past 10 years
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- 14:09 \\u2013 Maybe because they make money from ad revenue and let Gmail be a generic email platform
- 14:40 \\u2013 Find Brandon on Twiter
- 16:44 \\u2013 The Famous Five
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3 Key Points:
- An update on a product can make non-active users use the product again.
- Consistent feedback from a group of customers can significantly improve the product.
- Spend more time with side projects and less on school work.
Resources Mentioned:
- Toptal\\xa0\\u2013 Nathan found his development team using Toptal\\xa0 for his new business Send Later. He was able to keep 100% equity and didn\\u2019t have to hire a co-founder due to the quality of Toptal\\xa0 developers.
- Host Gator\\xa0\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
- Freshbooks\\xa0\\u2013 The site Nathan uses to manage his invoices and accounts.
- Leadpages\\xa0 \\u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
- Audible\\xa0\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
- Assistant.to \\u2013 The site Nathan uses to book meetings with one email.
- Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
- Drip \\u2013 Nathan uses Drip\\u2019s email automation platform and visual campaign builder to build his sales funnel.
- @Foolywk \\u2013 Brandon\\u2019s Twitter handles
- Show Notes provided by Mallard Creatives
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