An Early Experience with Calendly

Sep 21, 2024

Story of Early Experience with Calendly

Initial Engagement

  • Early User: The speaker was an early user of Calendly and appreciated the product.
  • Cold Email: Reached out to Taupe (likely a key person or founder) via a cold email.
  • 500 Startups Accelerator: At the time, the speaker was running the 500 Startups Accelerator program.

Business Proposal

  • Initial Offer: Made an offer to Taupe, which was declined due to valuation disagreements.
  • Re-engagement: Attempted to negotiate at a higher price after consulting with mentors who were interested.

Outcome

  • Final Response: Taupe declined further investment, stating sufficient revenue generation and lack of need for additional funding.
  • Gifts: Received a t-shirt and a cat from Taupe.

Financial Journey of Calendly

  • Bootstrap Success: Calendly was bootstrapped initially, raising less than half a million dollars.
  • Significant Growth: Recent funding round valued at billions, signifying substantial growth without initial heavy investment.