ish.eth #hiring

I obsess over building @hunch_social and @tryplotx. In past life, I was the CTO at @nexusmutual (100x exit) and bought my first ETH at $15!

[ish.eth #hiring @ishgoel]

Consumer apps can scale without token airdrops / incentives as well. Excited that our $23m Series A funding news is out when @hunch_social peaked out as a Top 25 app on App Store in social category coming out of the PMF stage.

Hunch is on a mission to build the most authentic and genuine place on the internet. It's time for people to take off their masks and be their true selves on the internet - without the fear of being judged.

As of writing this update, Hunch is scaling in the US & India market with 30% MoM growth in MAUs and in-app engagement.

Excited to welcome the giga brains of Navroz, @TusharBehl0x At AlphaWave, @taaklee and @jainshubham2707 at @hashed_official , Brevan Howard, @sandeepnailwal, @animocabrands , Aakash Kumar, @AshutoshA on this journey of building Hunch with us.

We couldn't have reached here without the perseverance of my co-founders @nitikagoel_ and @karticrakhra. A big shout out to the senior leadership along with the 60+ members of the company for their unwavering commitment to the business, bringing Hunch to this level.

If you’re interested in building from India for the Earth, please do not hesitate to reach out to me!

Funding Ann link in comments

[ish.eth #hiring @ishgoel]

@lottsnomad Amazing idea! We’d love to move our UGC payroll management to this any day over our current complicated setup

[Lotanna Ezeike 💳 @lottsnomad]

we’re building payroll for the modern workforce & we're raising in SF

> gusto built payroll for employees ($9b)
> deel built payroll for contractors ($17b)

no one has built payroll for performance

we’re doing that.

starting with pay-per-view

-

companies want to pay for results, not retainers.

YouTube alone has paid out $100B+ based on video performance

Successful apps like Cal AI & Quittr are running $500k+ monthly ugc campaigns

but its impossible to:

> calculate views across platforms
> pay people anywhere in the world
> stay compliant with taxes and reporting

so we fixed it.

our platform makes it easy to pay anyone, anywhere, for performance.

> ⁠one dashboard
> ⁠instant global payouts
> ⁠automated compliance

no spreadsheets, no stress.

-

i’ve spent the last few years building, scaling and exiting apps that reached millions of users.

i paid hundreds of contractors and creators on a CPM or performance basis.

it always felt broken.

every week was a mess of spreadsheets, invoices, and late-night Slack messages asking...

“how much do we owe Emily this week?”

that’s when I realized, the system we needed didn’t exist.

so we built it.

we started hosting the biggest consumer app events in SF (1000+ people came to my home)

on the surface it looked like community building

in reality it was market research

we wanted to see if others felt the same pain we did

they did.

it was so painful that when we raised our angel round, a customer invested mid convo (crazy)

today we’re launching with $500k in monthly payroll ready to go and another $1.5m in pipeline

how?

> i run a community of 400+ app founders, scaling through performance based ugc marketing

> i've helped marketing agencies close down new clients doing performance based organics

> i am the distribution.

this isn’t theory

it’s real, and it’s live today

here’s how we see it:

the future of payroll isn’t hourly.

it’s not monthly.

it’s performance based.

You deliver results, you get paid.

Simple as that.

> Gusto built payroll for jobs.
> Deel built payroll for work.
> We built payroll for performance.

if you're in SF and back early stage founders, i want to meet you

[ish.eth #hiring @ishgoel]

@damianplayer YT agent

[ish.eth #hiring @ishgoel]

Best of luck @abhilashi!

[Abhilash Inumella @abhilashi]

Launch Alert: KissOrRug 🚀💋

@kissorrug connects people who are genuinely interested in each other. In existing apps, users don't have skin in the game, leading to swipe froth.

[ish.eth #hiring @ishgoel]

JUST IN: SPOT ETH ETF APPROVED

[ish.eth #hiring @ishgoel]

@agNishchay @misbahspeaks @JarAppHQ So happy for you guys! This is excellent news!

[Nishchay @agNishchay]

We just crossed 100cr ARR this month.. And we became CM2 positive in March…

Inspiring work by the team..

Psyched about heading towards free cash flow.. 👊

@misbahspeaks @JarAppHQ

[ish.eth #hiring @ishgoel]

Today, I share a metric that made all of us proud at @hunch_social! In a year's time, Hunch has generated a total of 32 million votes! To put this into context, the 2019 UK general election saw a total of 32 million votes, with the winning party securing 14 million.

A country like the UK sees such scale every five years, Hunch has matched it in just a year, growing at 30% month-on-month in terms of votes.

Hunch is capturing an exponentially high number of structured opinions from the GenZ. As businesses, institutions, and governments begin to leverage this rich pool of insights, we're poised to create an impact like never before.

I'm in Dubai at @token2049 this week, discussing the web3 point of view for Hunch and how we're thinking of a lot of things around:

1) zk based identity proofs for responsible anonymity
2) fediverse integrations
3) AI first approach to social interactions

If you're around, please do reach out on DMs and we should catch up! I'm particularly interested in meeting teams who can build on top of Hunch!

#hunch #token2049 #dubai

[ish.eth #hiring @ishgoel]

@naval @SpenceLukacs @getairchat It is asking for a new invite code and that’s weird coz I have done the effort twice now.

[ish.eth #hiring @ishgoel]

Top use cases of crypto explained for the average Joe. Great read!

[Coinbase 🛡️ @coinbase]

For 5+ years, the industry's been hard at work building the infrastructure to update the financial system.

Today, the use cases for crypto are no longer future promises. They're already here.

→ https://t.co/HH0pUwqGgr

[ish.eth #hiring @ishgoel]

@Rahatcodes 🙋‍♂️

[ish.eth #hiring @ishgoel]

A sight to behold! No compromise in decentralization, and yet Ethereum is scaling!

Beautiful.

[sassal.eth/acc 🦇🔊 @sassal0x]

Layer 2 activity at all time highs while layer 2 fees are at all time lows.

Ethereum is scaling!

[ish.eth #hiring @ishgoel]

@Hazbobo1 @LensProtocol @farcaster_xyz That is why you need new experiences and not “me too” with fancy tech wrappers that are basically new ways of giving token airdrops.

[Robby Yung ⦿⦿⦿ @viewfromhk]

Congrats to @ishgoel and the @hunch_social team!

[Abhinav goyal | abhig.eth @13goyal]

Super pumped about what's up ahead! 🚀

[Nitika Goel @nitikagoel_]

Social products are a behemoth, and building one that challenges the echo chambers of existing products is even moreso.

@hunch_social promises to deliver an authentic experience when interacting online, and I couldn't be more excited.

Only good vibes, no pretense.

[Piyush Gupta @pleasepushh]

cat’s out of the bag — working on a consumer social product is exciting and humbling at the same time.

Excited for the next phase of growth with this stellar bunch of folks.

[ish.eth #hiring @ishgoel]

Funding Ann - https://t.co/ANS817jZWC

[ish.eth #hiring @ishgoel]

Consumer apps can scale without token airdrops / incentives as well. Excited that our $23m Series A funding news is out when @hunch_social peaked out as a Top 25 app on App Store in social category coming out of the PMF stage.

Hunch is on a mission to build the most authentic and genuine place on the internet. It's time for people to take off their masks and be their true selves on the internet - without the fear of being judged.

As of writing this update, Hunch is scaling in the US & India market with 30% MoM growth in MAUs and in-app engagement.

Excited to welcome the giga brains of Navroz, @TusharBehl0x At AlphaWave, @taaklee and @jainshubham2707 at @hashed_official , Brevan Howard, @sandeepnailwal, @animocabrands , Aakash Kumar, @AshutoshA on this journey of building Hunch with us.

We couldn't have reached here without the perseverance of my co-founders @nitikagoel_ and @karticrakhra. A big shout out to the senior leadership along with the 60+ members of the company for their unwavering commitment to the business, bringing Hunch to this level.

If you’re interested in building from India for the Earth, please do not hesitate to reach out to me!

Funding Ann link in comments

[ish.eth #hiring @ishgoel]

@AllboutCrypto96 @TryPlotX @hunch_social Apologies for the slow response - we will communicate on Discord

[ish.eth #hiring @ishgoel]

Update on PlotX & Hunch (@TryPlotX and @hunch_social)

Last year we decided to build Hunch after a careful study of the state of the web3 ecosystem - tx cost, user experience, regulatory environment & on-ramping - not being ready for b2c applications like PlotX.

Today, Hunch is scaling pan-India, as we try to move on our mission of building a global opinion sharing app that enables millions of people to meet like-minded people, satisfy their curiosity, and build instant communities that solve problems. Some numbers before diving deeper -

- Top 30 app on App Store India, Top 50 app on Google Play Store India, as of Nov 23 in Social Category

- Total user base of 1M+ users, growing at 40% MoM over the last 6 months

- 15M total votes, 8M chat messages, 3M comments, in the last 10 months

All this without any financial incentive for the user while keeping the web3 ethos of anonymity at the core. No liquidity mining or APYs or speculation of any kind, yet seeing continued engagement driven by utility.

Hunch intended to solve all the problems we faced with PlotX, and it seems to have done that. We are able to acquire users easily, and globally. User experience neither requires wallet connections, nor on-ramping or bridging troubles. Regulations are extensive but clear, and that allows a small team like ours to comply.

In March 2023, I had suggested via my tweet that we may integrate PlotX with Hunch. We tried doing that. We experimented with the thought of building a prediction layer on top of Hunch, adding gamification incentives using tokens & NFTs, using Hunch as a top of funnel for PlotX.

However, every time we thought of ideas to integrate PlotX and Hunch, we were quick to realize that the integration will be a stretch that will deteriorate the user experience. Integrating PlotX with Hunch would have been a ‘skills-forward’ decision, that doesn’t necessarily help the user, but rather satisfies our own desires to link the two - which is often tempting, but not the right thing to do when strictly ‘thinking backwards’ about the user. Ultimately, we decided that Hunch and PlotX can only exist as two separate products, in their own ecosystems.

Today, PlotX continues to run business as usual with no new planned development. There are a lot of vectors - tx cost, user experience, regulatory environment, on-ramping - not in our control which the industry is trying to solve as a whole, but we continue to try to find opportunities that can help grow the PlotX ecosystem.

We plan to continue scaling Hunch with good news just around the corner. Extremely grateful to team members, investors & advisors who have been on this journey with us. To everyone reading this, stay tuned!