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Art Papas

๐Ÿ‘ค Speaker
249 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Like they were like, oh, actually, it's really great.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Well, yeah, but you had four years there to turn around, right?

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

So we raised one and a half then.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

We didn't spend that.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And then we got to 13 million and we were always profitable after 2003.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

I was at an up round.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And then Hyland and General Catalyst came along and said, let's recapitalize the business.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

So GE was able to get out.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

A lot of it, most of it was secondary.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Just buying out GE.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And then there was internet.com portfolio.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

So we outlasted our investors.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

They went out of business.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Or did these guys come in and still buy like 60% guys were really great.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

They came in and they were like, look, you know, you're essentially a hired gun CEO.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Yep.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

With your package, let's get you real equity.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

in terms of options.