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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 7)

Posted on Sunday, Jan 8th

Sramana Mitra: You talked about working with a syndicate on AngelList. Did 500 Startups introduce you to the AngelList syndicates personally, or did you do that cold? Zvi Band: We did a very good job of building relationships with our customers. One of our customers said, “Hey, I actually know someone who’s a part of

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 6)

Posted on Saturday, Jan 7th

Sramana Mitra: Let me get a couple of specifics there. What was the price point that you settled on? Zvi Band: We’ve continually changed our prices. When we first launched, we charged $10 a month. By the beginning of 2014, we charged $20 and $40 a month. Sramana Mitra: What does that mean? Zvi Band: We had

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 5)

Posted on Friday, Jan 6th

Sramana Mitra: When you went to 500 Startups to raise money, what did you have in place? Of all these things that we talked about, how much of this is in place? Zvi Band: We had a prototype and we had around 100 active users. 500 Startups saw that there is a big market here. We

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 3)

Posted on Thursday, Jan 5th

Sramana Mitra: Artificial intelligence is something I know a lot about. Help me understand algorithmically or heuristically what the software is doing. How do you decide on what you are recommending a sales person to do? Zvi Band: We have an exact picture of who you know, when was the last time you spoke to

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 4)

Posted on Thursday, Jan 5th

Sramana Mitra: Talk to me a bit about customers before October 2011 and the 500 Startups funding. It sounds like you managed to get some customers to resonate with your idea. Who were those first customers? How did you get to them and what specifically did they tell you about what they wanted to see in

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 2)

Posted on Tuesday, Jan 3rd

Sramana Mitra: What year are we at now? Zvi Band: Around 2010. I had just been the CTO of an enterprise startup. I was consulting. I then tried starting my own projects. It was called Structo. Are you familiar with parse and convey and all these backend service tools? Sramana Mitra: No. Zvi Band: The

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 1)

Posted on Monday, Jan 2nd

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Zvi has raised several rounds of financing on AngelList in the process of building Contactually. Among other things, his experience with the platform is interesting in this interview. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were

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