Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Alex Bean

๐Ÿ‘ค Speaker
824 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And so I would send seven guys to Vegas on a trade show conference.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And we're a small company.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We didn't have a ton of cash.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So spending the budget of $15,000 for the conference was like impossible.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Like you can't go over.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But everyone was using their own car.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

We were getting expense reports, you know, a month and a half late.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So we were going over without knowing we were going over.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And Divi would have solved that entirely.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

You know, we could have said, hey, here's your budget.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Had cash, check, credit, everything inside of that expense reports from all the riders and all the employees would have come directly.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

So honestly, when we started Divi, my partner Blake and I, it was just like, well, we've ran multiple businesses and we understand the needs.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

And so we built it not as tech engineers, but as business owners and saying we're building something that we would have wanted to use in our prior companies.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yep, luckies of the world.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But just SMBs, we kind of have two audiences, I say, like 1 to 50 and 50 to 500.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Slightly different use cases for the most part.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

But SMBs in general, that's what we're going after.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

The mom and pops of America, Main Street America, not just the VC-backed companies.

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Yeah, so we basically take Amex, right?

SaaS Interviews with CEOs, Startups, Founders
Look Back It's been a year since Bill acquired Divvy: Founder Sees Clear Path to $100m, 20k Customers, Most Revenue from CC fees, $1b+ in GMV

Like you're not paying for your Chase card or Wells Fargo card or whatever.