Cover photo

Navigating the Idea Maze

Happy early Christmas Laser supporters ๐ŸŽ…๐ŸŽ…๐ŸŽ…!

We are back again with the 2nd edition of our bi-weekly newsletter!!! The picture is of me and Bowen squeezing into a 1-person phone booth for a call earlier this week.

whatโ€™s going on:

  • shipped our private beta on Android and Apple ๐ŸŽ‰ (DM us on Twitter for early access)

  • started our fundraising push (made a V1 of our investor deck, talked to 10+ angels and VCs, went to 3 networking events)

  • conducted 22 user interviews over the last 2 weeks

next steps:

  • get product feedback from our first batch of testers

  • secure warm intros to web3 Angel Investors

  • demo Laser at 3 crypto networking events

what we learned:

  • we realized that good early users are people who already own hardware wallets but dislike them (around 25% of people we talked to).

  • they care about security enough to own a hardware wallet

  • they have enough of a pain with it that they donโ€™t want to use it

    • this is attributed either to both the frequency of use and the intensity of pain inconvenience during each use

asks:

angel investors:ย we are looking for warm intros to angel investors in the crypto space! Weโ€™re looking to close a seed round in early next year and are currently taking small checks from 3rd parties who are interested in investing early.

fundraising:ย if you have experience reviewing investor decks, we would love a second pair of eyes on our deck so please feel free to reach out

sf advice:ย Bowen and I are looking to move to SF in the new year and are looking to join as many communities and meet as many people as possible in the web3 industry. Would love any

contact:

If you are interested in connecting, feel free to book a call atย calendly.com/laser-wallet/30minย or shoot us a line at haohao@laserwallet.io!