Karmabot

High-performing culture in teams: good vibes and reports

Under 10 Employees
Multiple Founders
Founders Code
Analytics
Bots
Communication
Productivity
Programming
Task Management

Needed something more than plusplus bot provided. Built our own solution and improved it to suit our existing business needs. Less than a year ago, we realised that other people may be interested in this too.

Karmabot.chat weekly update, week 24

  • Jan 20-Jan 26 $468.66
  • Jan 27-Feb 2 $426.58
  • Feb 3-Feb 9 $389.95
  • Feb 10-Feb 16 $1,052.47

Rolling 4 weeks total: $2,337.66 (+33%) Picking up the usual pace at ~$2.5k MMR.

Karmabot Slack:

  • 1,479 (+2.5%) teams. Slow organic growth.
  • Tracking hyper-active users (gave/received karma in the last 30 days): 4,756 (+48%)
  • Lifetime value (average revenue per customer before they churn): $243.93 (+16%)
  • 506 teams on trial
  • 54 (+5!) paying teams
  • 3 enterprise accounts about to convert. 2 deals are really close: ~$10k per year.
  • Spoke to several sales experts and former YC SUS advisors, got insights on enterprise sales process.
  • Average new teams per month: 109 (+3%)
  • David did 10 demoes! Demo video: https://www.useloom.com/share/1e8ce689511140dbb505db16a1baa699
  • Did not get Pioneer.app funds.
  • Updated Slack app store and the landing post: mention that the product is FREE now.
  • Updated the pricing, hopefully made it clearer.
  • Researched the existing product ‘Karmabot for Discord’, building importing tool now.
  • TODO: Launch new dashboard and free Karmabot at Product Hunt
  • TODO: Wireframes for NPS feedback feature

Karmabot MS:

  • 3,104 (+3.3%) teams, 29,383 users (+1%)
  • Paying teams: 12
  • Chasing MS for the new phase proposal, new investment.
  • TODO: still working on Freemium
  • TODO: merge excessive tabs

Karmabot Telegram:

  • 226 teams (+2.2%)
  • TODO: make the app more stable

Karmabot.chat weekly update, week 24

  • Jan 13-Jan 19 $464.79
  • Jan 20-Jan 26 $468.66
  • Jan 27-Feb 2 $426.58
  • Feb 3-Feb 9 $389.95

Rolling 4 weeks total: $1,749.4 (-36%) Sudden drop! Focusing on enterprise sales atm.

Karmabot Slack:

  • 1,442 (+1.5%) teams. Steady growth.
  • Tracking hyper-active users (gave/received karma in the last 30 days): 3,209 (+2.8%)
  • Lifetime value (average revenue per customer before they churn): $210.22 (+15%)
  • 494 trialing teams after introducing freemium model
  • 49 paying teams
  • 5 enterprise accounts about to convert. 2 deals are really close: ~$10k per year.
  • Average new teams per month: 106 (0%)
  • David recorded a demo https://www.useloom.com/share/1e8ce689511140dbb505db16a1baa699
  • Waiting for Pioneer.app decision on Dec tournament.
  • Applied for TinySeed and Earnest Capital
  • TODO: Update Slack app store and the landing post: mention that the product is FREE now.
  • TODO: Launch new dashboard and free Karmabot at Product Hunt
  • TODO: Research the existing product ‘Karmabot for Discord’
  • TODO: Wireframes for NPS feedback feature

Karmabot MS:

  • 3,003 (+3%) teams, 29,101 users (+3.4%)
  • Presenting the new phase proposal to MS, new investment.
  • TODO: implement freemium
  • TODO: merge excessive tabs

Karmabot Telegram:

  • 221 teams (+3.2%)
  • The app/server is unstable, had to restart it several times over the weekend.

Got some positive feedback from Pioneer.app:

Great news: you’re a finalist for Pioneer! You’re currently ranked #30 on the leaderboard.  Thousands applied. You made it to the top 30. Congratulations! It’s a true testament to your work.  We’ve been blown away by the quality and volume of applications and our experts need a little more time to do a final sweep of the best applicants. We’ll get back to you with a final decision by Tuesday, February 12th.  In the last 24 hours, a Pioneer expert was impressed by your application! Your score may not update immediately, but expert feedback will be taken into account before winners are selected.

Inspiring!

Karmabot.chat weekly update, week 22

  • Dec 30-Jan 5 $397.81
  • Jan 6-Jan 12 $1,399.46
  • Jan 13-Jan 19 $464.79
  • Jan 20-Jan 26 $468.66

Rolling 4 weeks total: $2,730.72 (-1.5%) Stable and steady.

Karmabot Slack:

  • 1,367 (+1%) teams

  • Tracking hyper-active users (gave/received karma in the last 30 days): 2,403 (+14%)

  • Lifetime value (average revenue per customer before they churn): $150 (+15%)

  • 49 paying teams: +2 new paying customers.

  • 3 enterprise accounts about to convert, keeping us on our toes.

  • Average new teams per month: 104 (+2%) Stable.

  • Dashboard section launched!

  • Freemium billing testing finished, preparing the public launch this week.

  • One out of three of @pioneerapp advisors responded, supported Freemium model idea

  • Need to adjust pitch deck before applying for indievc.

  • TODO: Research: tinyseed fund

Karmabot MS:

  • 2,845 (+4%) teams, 27,177 users (+3%)
  • Full focus on Slack freemium launch now.

Karmabot Telegram:

  • 202 teams (+3.5%)

Client left a comment via in-built direct message support button:

It's great product. Currently, we're using it to boost morale in our development team. We don't integrate with tasks - it's for extra activities, being friendly, supporting peers - that's get you karma. So far it is working well with us.

Inspiring!

Feedback from other makers:

  • "It's good that you are making money already. Keep it growing! " - BergerNeurorobotics
  • "Generating revenue! that's super cool. All the best!" - gratitude
  • "Cool team, interesting product. The interactive tour is killer. Super interesting to hear about things like the 'Install app' link dropping conversion rate. May have been interesting to hear a bit more about who was doing what on the product?" - celikon
  • "Interesting space with lots of potential and simple product for the user!" - alexxxyz
  • "Launched features and grew revenue! Some things that I think can be improved: There are too many metrics in your updates, which causes your most important ones to get buried. I'd rather see this spaced be used for more detail on your dev progress" - zcanann

Needed something more than plusplus bot provided. Built our own solution and improved it to suit our existing business needs. Less than a year ago, we realised that other people may be interested in this too.