Ryan Shank updates from Techstars Investor Week as PhoneWagon chases a $1.5 million raise by November 15. The startup grew monthly recurring revenue from $2K to $10K in three months and launched a referral program. Mid-vlog, Ryan discusses an extortion attempt involving a claimed security vulnerability and a $50 counteroffer.
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I'm getting like extradited right now. I just forwarded it to you. It's critical and I can assure you that it compromises all of your users registered. Woo! Let's go, Wagoneers! Alright guys, so today's vlog, today, big day. We're meeting with a lot of investors. It is investor week, last week of Techstars. Lot of stuff to do, lot of investors to meet, lot of checks to cash. No, that's not the case. Anyway, today's vlog, this is future Ryan. You're gonna go see historical Ryan, not there, but you're going to see historical Ryan in the video. So by the way, we got 2 sales today from our new referral program that we just launched. So our referral program, we just launched it, 2 sales. It was amazing. We got one complete auto convert that just like auto converted from it, which was amazing. So also like a bunch of really good meetings with investors. So it's really cool. We're going to keep you guys updated. We are raising $1.5 million before November 15th. So super excited to give you guys kind of like a backstage look at the entire process, how we're going about it. What we're doing. We're gonna have more details. I just posted the outtakes video a little bit ago from the investor pitch, and the link to the actual investor pitch that Techstars has us do is in the description. I'll put it in this description too, but it's also in the outtakes description as well. So we really appreciate you guys following along and kind of joining our journey. You came with us the whole way through Techstars, which is a 3-month program, a startup accelerator in New York City where they kind of push us through this process. They help us build our companies from the ground up. We went from $2,000 in monthly recurring revenue to $10,000 in monthly recurring revenue in just 3 months going through Techstars. It was so amazing. It got us really, really focused. And I'm also gonna kind of share some additional things about metrics and stuff and what we accomplished during the program. Not to mention, we were vlogging 7 days a week throughout the entire program. So like, no one else was doing that, by the way. No one else is putting out that level of content and that level of output. So if you guys are new here, which I hope you are, and aren't, but tell your friends about it if you want. But my name is Ryan Shank. This is our journey. We're building PhoneWagon from the ground up. No outside funding yet, and I hope you guys are out there, you know, building some companies, doing some cool stuff, working hard, being pioneers, being Wagoners. Check out the blog.
Yeah, you wanna film?
Yeah.
You should film him filming. That's a wrap, ladies and gentlemen. That's a wrap. Sorry. Mike, why don't you have a Phone Wagon shirt? I don't carry one around with me at all times, man.
I may have an extra, but it may just be a Ryan Shank shirt.
Is that, is that that Logang?
That's not it. I'm getting like extradited right now. It's critical and I can assure you that it compromises all of your users registered in your website. I can access everyone's data, so now I think you can see how much it impacts on your business. What do you think is the fair amount for such a critical Critical security vulnerability. I told him I'd give him $50.
Yeah? And now he doesn't think it's enough. Or maybe their whole thing is like, we don't have a deck. Cash4junk.com!
I think if we hire someone to manage this affiliate stuff, this could be big. Yeah, so basically if you're in this setup, you can just choose pool size and then you can just expand your pool size to 7. Here, but did he send you that one link where basically it's like a workflow link? Awesome. If you have any questions too, like you can reach me at any time, literally.
