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Atmrix

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Atmrix

About

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Salary Fairy has 9,000 users and is experiencing a weekly growth rate of 10%.

Video

YC

Office Hours at Startup School NY 2014

@ Y Combinator

06/20/14

Related Takeaways

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Salary Fairy has a 30% return rate, indicating that users are coming back to the platform after trying it.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Salary Fairy is currently acquiring users through platforms like Hacker News, Reddit, and Product Hunt, but needs to ensure long-term growth strategies.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Salary Fairy helps users understand their market value by crowd-sourcing salary predictions.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Users have reported that Salary Fairy's salary predictions have given them the confidence to ask for higher salaries.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

As Salary Fairy grows, the goal is to refine predictions by dividing users into more specific categories, such as companies and years of experience.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

40% of American professionals are concerned they might be underpaid, which is a significant user base for Salary Fairy.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Currently, users primarily use Salary Fairy out of curiosity rather than for salary negotiations.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

It's crucial to track how many users return to Salary Fairy after their initial visit to gauge the product's impact on their salary negotiations.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

It's essential for Salary Fairy to differentiate itself from other salary information sites by being significantly better to encourage user referrals.