CoffeeSpace November 2024 Updates

Hi everyone, it's Hazim here from CoffeeSpace :) This has been our best month since launch across all fronts – user growth, in-app activity, feature launches, and even PR (we were featured on both TechCrunch and Tech in Asia!). There's a lot to unpack, so I'll dive right in.

Growth & Traction

🌟  CoffeeSpace featured on TechCrunch and Tech in Asia!

• We're incredibly honored to be highlighted by not one, but two of the world's leading tech news outlets.
• In case you missed it, you can check out the features here and here.

🚀 Milestones: 9,000 Users, 10,000 matches and 300,000 Swipes

• We hit 9,000 users yesterday and are on track to hit the big 10K within a week or two (ending the year with a bang!).
• This month, we also surpassed 10,000 matches and 300,000 swipes on CoffeeSpace!
• Our current conversion rates: 17 swipes -> 4.1 invites -> 1 match (aggregate: 390,000 swipes -> 95,000 invites -> 23,000 double opt-in i.e. 11,500 matches)

🕸️ User Demographics

• Portfolio: 49.7% operations, sales, design : 50.3% engineering, AI/ML (1st time it flipped!)
• Idea Status: 63.3% open to ideas/exploring : 36.7% committed
• Prior Startup Experience: 6% exited : 33% founded : 38% worked : 23% no prior exp.
• Geography: 53% North America : 24% Asia : 15% Europe : 4% Africa : 4% Others

📱 Product

‍🤝 Save Feature Now Live (Exhibit A)

• Easily save profiles to revisit later and stay organized while swiping through profiles.
• Your saved list can be found in the Invites tab under the 'Saved Profiles' sub-tab at the top right. (Check out the GIF below!)

☕️  Introducing the Coffee Feature (Exhibit B)

• Stand out and make a strong impression with our new Coffee feature! Send a Coffee to profiles you’re really excited about to let them know you’d like to connect (and have a coffee chat)

✅ Bugs Resolved + Oct User Requests Implemented

• 1) Message URL parser is now implemented, 2) Country search added to sign-in and sign-up, 3) Message reply reminders, 4) Gray bar in experience section fixed, 5) Auto-scroll to the top after every swipe, 6) Rewards wallet redemption bug solved

🔮 What’s Next in the Pipeline

• 1) Geo-location and city/country-based filters, 2) Algo improvements, 3) Enhanced profiles to better showcase ideas & progress, 4) Expanded User Flow (Trial Period)

‍

📢 Shoutouts & Extras

🔎 CoffeeSpace Deck Review by Tech in Asia's Editor-in-Chief, Terence Lee

• In addition to featuring us, Tech in Asia's Terence Lee gave a public review of our deck, which you can check out here.
• Our deck draws inspiration from the book "Sticking to My Story: The Alchemy of Storytelling for Startups" by Donna Griffit. I’d definitely recommend it if you haven’t read it yet :)

💼 We're hiring a part-time (remote) AI/ML engineer!

• With hundreds of thousands of user activity data points, we’re ready to take our algorithm to the next level.
• To accelerate this journey, we’re looking for a part-time Machine Learning Engineer. If you know someone who might be a great fit, please share this link.

📰 Shoutout to The Runway Ventures Newsletter

• The Runway Ventures is a weekly newsletter that helps founders learn from startup failures and become better founders. Top founders from Y Combinator, Iterative, Entrepreneur First, and Antler have joined the newsletter to learn how not to die and build companies that last. 90% of startups fail because founders made mistakes. Don’t be one of them.
• Join 8,000+ top founders now (it’s free!)

That's all for this edition! Wishing you a fantastic weekend ahead, and as always, feel free to reach out with any questions or feedback :)

Cheers,
Hazim, Carin & Fauzan

‍