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Adam Jackson

๐Ÿ‘ค Speaker
632 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Converted SaaS to Blockchain, Now $230m Market Cap to Kill Fiverr

Great to see you.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

You got it.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

It's a very, very capital efficient platform, right?

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Because most of the people contributing are actually doing so in exchange for tokens, right?

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

If you're going to build a user-owned network, like get your users involved early.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

And so it's a very, very low burn operation.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

That's why it's already profitable on the 6 million we raised two years ago.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

We got to grow faster.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Minimum is 100% over the past several years.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

We want to see a real pervasive data culture, and then the rest flows behind that.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Let's do it.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

All right.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

So Braintrust is a global talent network that connects high-end, experienced tech people like engineers, designers, product managers with Fortune 1000 US companies that desperately need this kind of talent and just can't hire them in-house.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

And especially now with COVID where everyone's office is shut down and hiring is even harder, Braintrust is especially filling this hole for enterprise companies that need to keep digital innovation moving forward.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

Yeah, so getting matching talent and clients is not a new thing.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

What we're doing from a business model perspective is brand new, never been done.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

So the old model is when you run a two-sided marketplace, your job is to create a trusted transaction or place to transact and then take as much of that transaction in the form of a fee as you can, right?

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

And those fees could be 20, 25%.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

It could be all the way up to 50 plus percent in talent marketplaces.

SaaS Interviews with CEOs, Startups, Founders
BrainTrust is Fiverr Owned by The Talent via Crypto Token

That's where brain trust gets very unique, right?