March 16, 2020

CrewPay Whatupdate No. 43

Hello, crew.

Team Accomplishments & News

• No updates

Product Accomplishments & News

• Product update from Matt: Slides

Sales, Marketing & Customer Success Accomplishments & News

• Met with director of the Seashore Soccer League to offer CrewPay as the platform to pay refs
• Doing customer discovery around CrewPay for AirBnB and VRBO hosts to pay their cleaning folks, handymen, etc. (If you know any hosts, I’d like to talk to them)

Revenue & New Client

• 32 transactions last week (166YTD)
• $59,918 sent last week ( $292K YTD)
• 1 new company, 2 new contractors
• 7 active companies (13 total)
• 34 active contractors (113 total)
• Totals:
  • MRR: $161
  • ARR: $1932
  • MRPC: $23

Closing Thoughts

Seth Godin’s post, React, respond or initiate?, is a timely one.

Look back during times of uncertainty in recent years and you’ll see amazing stories of companies that took initiative during those periods. Stripe, AirBnB, and Dropbox all started in 2008, and Square and Uber in 2009.

Right now is a defining moment for CrewPay.

Regardless of fundraising, revenue and/or exit. It’s our time to initiate.

Ever,
David