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

Alex Saidani

๐Ÿ‘ค Speaker
114 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

You're able to actually see what products they've requested and actually fulfill them.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

And then, yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

In October, it was about 200 orders.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Yeah, about 200 orders in October going through.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

As I say, we were just sort of piloting with most of these stores.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

About $6,000.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

not right now no got it still experimenting still piloting with quite a few retailers so it's uh it's uh working it out stage so what is well i mean have you raised capital for the business or is it bootstrapped uh rather than other than the 500 startups investment which is 125k um we're completely bootstrapped excuse me okay 125 grand is what 500 sharps gave you for what seven percent of the business

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So it's sort of 5% and it converts when you raise the price round.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So I guess...

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

For us, we got invested in a pretty early stage for the business.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So it was sort of, you know, we were actually using that to build the product and kind of experiment and work out what the real focus here was.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Sure.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

I think for us, it's sort of, you know, it's processing a large number of transactions going through the system.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

It's perhaps even making around 100K sort of a year at least to start off with.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

You know, we want to be working with around...

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

500 grocery stores by the end of this year.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

How many team members do you have?

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

We've got about nine months in runway.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Yeah.