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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 you can still be partners and not be 50-50.

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

I think I've seen a lot of partnerships where you go in and they are equal partners.

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

One might be the CEO, but the other one, they have the idea together and that's 50-50.

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

Great.

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

That would be awesome.

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 for us, it was not 50-50, but that doesn't take away from the partnership.

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 nuance there.

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

First formal round was when and how much?

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

10 million from Paleon Partners here in Utah.

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 I think that was in, was it 18?

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

20.

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.

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

Brought on Hanako, Will Rock, a crew, 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

So some great investors.

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

It was our series D. And how much did you guys raise there?

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

165, I think.

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 just as an entrepreneur, you're like, do you remember the valuation?

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

I'm like, well, let me see here.

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, I remember the valuation.

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.