That’s bloody awesome news. Well done mate, sure you must have worked incredibly hard. And now just a case of bringing it home!
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Update on proceedings: We got upwards of 500 votes which is massive, can’t thank you all enough for pushing it out to everyone The voting was incredibly easy to rig (open an incognito tab in your browser and you could vote as many times as you liked). A few other entries above us used that, but we decided not to chase it that way. We ended up 7th, so we didn’t make the top 5 automatic finalists. Still, there is a chance for selection as the judges can choose a 6th entry at their discretion. I genuinely believe we’re one of the best apps released in XR, we’re in with a chance. Regardless, it’s a huge effort from everyone, I’m incredibly proud of the work my team has done, it was basically three of us for almost three years and it’s just starting to bear fruit. Also, thanks again to all of you. Really appreciate the votes and well-wishes!!!
The OTHER news is, for me, even more exciting. As much as public recognition is great, being able to pay my bills and my employees’ is even better
In April, we applied for the AR Online Global Pitch Event. It’s a competition to choose the best startups from anywhere in the world to pitch their companies to a selection of 30+ of the worlds biggest investors in the augmented/virtual reality space. 241 startups applied, 8 finalists were selected - JigSpace is one of them. From 11.30pm Tuesday to 4.30am Wednesday this week I’ll be pitching online to 30+ investors, which is very exciting/nerve wracking. Then, next week I travel to the US and pitch live on stage at Augmented World Expo. That should be fun, there’s about 7k attendees.
The BEST part of this is that we’ve been signalled to investors as one of the very best AR startups in the world, we’ll be in front of them, and they have their cheque books open. We’re deep in our fund-raising mission, with over 500k committed (should finalise this week) of a total 1.2m we’re raising. I have at least two meetings a week with investors and as soon as we were able to say we’re in this pitch event, every single one has said they’d like to invest in us haha. It’s insane how attractive you are when others want you. SO, looks like we’ll finish our raise, I’ll be able to hire and pay more people, JigSpace will go onwards, upwards.
Here’s an early draft of our pitch, by the way. Still have a few things to tighten up and a slide or two to add, but this is the gist of it. Note: This video is unlisted so don’t share it around too much
Great job mate. Keep pushingNecro an old thread, figured I’d post an update on where my company is at. A lot has happened since 2018, we raised a new round of funding, released a major product, and just in the last week, released our first commercial offering. We made a dope video for it, got a lot of love around the traps. Check it out, it’s actually the best description of the product:
That’s been fun. Nice to get investors reaching out to me for a change . We also had a cool promotion by Apple. This week they released a campaign called Apple at Work on apple.com, and featured our tool as the example of business use-cases for augmented reality. It’s a big deal, lots of fun to see this little thing that I started 5 years ago on a stage like that.
We’re at 13 employees now, got a few big customers like Medtronic, Thermo Fisher, Schlumberger, and a bunch of smaller SMBs. I think we’ll be going for a bigger fundraise in the next 4-5 months, I really want to hire someone to take over all the boring/tedious business ops stuff. I’m not great at it, and we’re starting to run into global security requirements around data hosting/cyber insurance etc as we get bigger customers, so we need someone on it full time. Beyond that, we need to scale our marketing capabilities and spend, not much in the way of dedicated resource there, it’s basically split between me and another guy and we’re both run off our feet. All in all, it’s the most interesting time in the company’s life so far, lots of new and meaty challenges. Can’t say 5 years of hardcore toil has been great for my mental health, taking a couple of weeks off soon to reset and get ready for the next chapter.
Best part of all of this is the response from our users. A new co signed up last night:
"Technology is a wonderful tool for exploring from the comfort of ones own chair. With these tools we can think about the future and things to come. It seems that vision, or rather the ability to frame out in my mind a desired outcome, requires some careful reflection. What a fantastic set of tools you have made for us to create and share these ideas." It’s consistent feedback across our users, they love the tools.
Anyway, wanted to write something, thanks for reading, COYY.
Congratulations Mate!Had a pretty interesting day today. Apple announced their new iPhone 12 at their annual keynote, and they used Jig as the key demo! Unbelievable moment for us as a team. Having the biggest company in the world using our tool as an example of the future is...wild. Pretty speechless, while also having to talk to press since like 5.30am.
Here's a video of our section of the keynote: