Laughly - Vator Splash Spring Class of 2016

Mitos Suson · June 22, 2016 · Short URL: https://vator.tv/n/462c

Check out Scott's presentation on stage and the judges' feedback

Vator Splash Spring 2016 cohort Laugh.ly is launching the first streaming app dedicated to stand-up comedy. The app not only allows listeners to stream comedy from professional comedians (such as Chris Rock and George Carlin), it allows emerging comedians to upload and publish comedy albums of their own.

Among the judges were Wes Selke (Partner, Better Ventures ), Paul Willard (Partner, Subtraction Capital), Mark Goldstein (Managing Partner, Efficient Capacity), Keval Desai (Investor, Interwest) and Ben Ling (Partner, Khosla Ventures)

Thanks to our amazing top-tier Splash Spring 2016 sponsors: KPMG, Javelin Venture Partners, SAP Startup Focus Program, Bread and Butter, Kapor Center for Social Impact, Lyft, Avison Young, Tubemogul, Wendel Rosen and Dictionary.com.

Mitos Suson

I produce Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and loving every moment of it!

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Related Companies, Investors, and Entrepreneurs

Laugh.ly

Startup/Business

Joined Vator on March 30, 2016

Laugh.ly is launching the first streaming app dedicated to stand-up comedy. The app not only allows listeners to stream comedy from professional comedians (such as Chris Rock and George Carlin), it allows emerging comedians to upload and publish comedy albums of their own. Laugh Radio has acquired comedic recordings of hundreds of professional comedians. We also have direct distribution deals with the largest media publishers in comedy such as Comedy Central. No other platform has the ability to capture a significant portion of the $10b comedy market. We've built a cutting-edge on-demand platform for entertainment media.

We've launched and here is a snapshot of our success:

Selected by the Apple Store editors as one of the "New Apps We Love"
We peaked at 10,000 downloads, now averaging 3,000 downloads a day and just hit 50,000 installs
Average app rating of 4.8 out of 5 stars across 100+ reviews
Overtaken Seeso and Comedy Central.com in category rankings (went up to #33)
Ranked #1 in search terms Laugh, Standup, and Comedy
Average listen time per day 48 minutes (compared to Pandora's 22 minutes/day)
Day 1 retention rates are 33% without any retention marketing efforts (compared to an industry average of 20%)
Week 1 retention rates above 50% (compared to an industry average of 30%)
App store conversion is at 60% (compared to an industry average of 40%)
Our push notifications have a response rate of 11% (compared to an industry average of 3.5%)

Nikhil Karnik

Joined Vator on March 30, 2016

I started my career working as a software engineer for a biotechnology and data infrastructure startup. I transitioned to an engineering role at Microsoft, where I worked on Yammer. I studied electrical engineering at the University of Pennsylvania.

Michael Rome

Joined Vator on March 30, 2016

Ej Emeagwali

Joined Vator on March 31, 2016

I work at the intersection of product and engineering and have worked at several high tech companies from the giants to startups from Google, to my current startup Laugh.ly

Wes Selke

Joined Vator on April 21, 2011

Wes is Managing Director of Better Ventures, a venture firm that backs early-stage technology companies creating innovative solutions to big and important problems.