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Anders Fredriksson

๐Ÿ‘ค Speaker
155 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

And, and maybe, uh, I'm not sure.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

Do you want me to go into that right now?

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

I think it was flat or maybe just a little bit up.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

The biggest problem that we had was churn.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

It was bad.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

I think over the whole year, maybe 50% of the customers we sold to churned, so terrible.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

There was a lot of problems with the product itself.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

It wasn't the problem with what it solved because it solved a real problem and it solved that problem really well.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

The problem was sort of in between there where how do you get your customers and your users to use the product in the way that it solves their problem.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

And we were not really great at doing that.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

So right before the acquisition, we actually sort of revamped the whole company, rebranded it as Hexa.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

We brought on a new co-founder, and we also actually made a small acquisition in that process.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

I'm happy to dive into that more.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

No, no, no.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

So this was actually... When was our interview again?

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

Yeah, so this was in 2017.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

So sort of in the summer that year, we did a little bit of restructuring.

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

We got a new co-founder on board as well as...

SaaS Interviews with CEOs, Startups, Founders
"He Raised $900k And Sold For $1.8m... Why? "

named Brendan Short.