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Antti Navala

๐Ÿ‘ค Speaker
126 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

So how could that be used?

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

And none of us who stayed with the business were that interested in

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

selling any but yeah it's a different thing if you've already left the business early on like with our longer history that some some people had left so i i think it was a really good good arrangement for for everybody investors could put a little bit more in and those who had left them left the business earlier were able to get liquidated

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

Yeah, I'm not willing to share the actual valuation, so you can speculate as much as you can.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

But yeah, we're leaving that to the market.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

yeah um well first of all just to be clear i'm not confirming that um your your range is is actually actually correct um but um let's say generally speaking i don't think we did anything at the high valuation we we did uh we have done all of our funding rounds with the mentality that

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

We want a clean structure, like clean terms for the company and fair market valuation for the investors and us because that keeps us on that track of increasing in valuation as our business grows.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

And I think that's what has happened to us.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

So maybe we've avoided some of the hype peaks, but the benefit of that is that everybody can focus on just growing the business and

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

understanding that valuation keeps increasing.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

So yeah, I feel very good about the terms and rounds that we've completed.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

And I actually, I mean, I mean, that you're after something really important, because it's not necessarily an easy situation for a company to, let's say, succeed to raise money at the peak of the valuations, and then have to deal with the potential downsides of that, if the

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

even when sometimes the multiples also- Yeah.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

Yeah, for me, it's one of the first ones I read as a business book, Jim Collins, Good to Great.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

That appealed to me.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

Not really.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

Well, yeah, I thought you might ask that.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

And I have to say that as a software engineer, there's really nothing that beats the dev environments like Visual Studio and Git and that.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

Maybe not like the traditional online tools you would get as an answer, but those are my favorite environments.

SaaS Interviews with CEOs, Startups, Founders
This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS

Eleven and nine.