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Andre Merkley

๐Ÿ‘ค Speaker
157 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

In the last quarterly report, it was 3.5 or something like that.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

Yeah.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

With ease.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

Um, well, first, first of all, uh, being public on, um, on, um,

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

back country market is not the way to go.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

And we thought that the financial markets will consolidate and we basically hoped to get a backboard to also to some larger stock exchange that either the Vienna stock exchange would buy the Libyan stock exchange and we would be automatically listed and stuff like that.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

Unfortunately, after 2008, everything went south and those plans did not materialize.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

We did not,

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

Establish full potential.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

We're stuck on an illiquid market.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

And that became a hurdle to our raising capital because, again, being public in an unknown foreign market with unknown legislation decreases your enterprise value.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

In 1996 to 2008, we were working on ERP systems for small and medium-sized businesses, which carry a lot of similarity.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

No, we completely bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

Actually, I went bankrupt in 1994 with my previous company.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

So actually, we were not even credit.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

I was not credit worthy.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

So it was basically the last paycheck.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

A garage...

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

computers and, and a lot of will.

SaaS Interviews with CEOs, Startups, Founders
DataLab Hits $15m Revenue Charging Farmers Price Per Cow, Largest ACV $100,000

Uh, Gecko.