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Adam Jackson

๐Ÿ‘ค Speaker
632 total appearances

Appearances Over Time

Podcast Appearances

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

Oh, mostly onboarding, right?

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

So so if you're gonna bring Nestle or Porsche or even NASA, we just signed a couple months ago.

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

these guys don't self-serve, right?

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

Like you need operations people to bring, you got to get through procurement, legal.

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

So it's, we only have eight full-time employees, mind you.

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

Most of the work being done is being done by engineers and designers and people on the platform.

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

Even all our marketing is done by freelancers on the platform.

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

But it's so like our OpEx internally, it's mostly ops operations.

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

Yeah, we burn about $85,000 a month right now.

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

We'll be profitable on the seed round.

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

So our burn will become zero.

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

We'll generate cash probably March, April of next year.

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

Some of them do.

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

Some of them don't.

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

it's a funny, like, and you know, look, look, you can't use a fake internet tokens to pay rent and buy food.