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Havish Gupta
Figuring Out • 8m
This Calendar Co is Worth $3 Billion! How? So scheduling appointments, meetings, or interviews with people outside your org is tough. You need to figure out when the other person is available, propose a time, and wait for approval. Nigerian-born entrepreneur Tope Awotona was also frustrated by this manual process. Thus, In 2013, he launched Calendly, a simple yet powerful solution. Calendly integrates with popular tools like Google Calendar, automatically identifying your availability. Prospects or guests can book a meeting directly in your free time, and the event is instantly updated in your calendar. Use case? Buisnesses can use it to schedule clients leads, interviews and meetings with people outside your org. The Results? 1) Vonage boosted customer reach by 60%. 2) Stanley scheduled 22x more interviews. And so on Seeing its potential, Calendly raised $350M in 2021 from OpenView and Iconiq Capital, achieving a $3 billion valuation. Today, through its subscription model, Calendly has reached $270M in ARR (profitably). But the valuation still doesn't seem right imo. Do you agree?
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