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Bill Clerico

๐Ÿ‘ค Speaker
222 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

We were seeing some early traction.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

We, you know, I think really there it was about a bet on Rich and me and the team we had put together.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

What was the team size then?

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Do you remember?

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Uh, we were small, I would say no more than 10 people.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Um, so it was really, you know, rich in myself and actually, so sorry, before we raised that money, we were three people.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

It was rich in myself and, uh, the first employee at the company was a guy named Eric Stern.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

And, um, we, it was really us kind of hacking on this, supporting ourselves and,

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Um, we'd been funded by Y Combinator and that was just enough to kind of keep things going.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

And then we raised $1.7 million from August capital and an angel investor named Eric Dunn.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

That was post Y Combinator.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

That was right after Y Combinator.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

And they, uh, and that was kind of what allowed us to get an office and hire our first couple of team members, uh, as well.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

But I think that was really a bet on the team and the market, um, because our product and the sort of proof points there, um, you know, we're still super, super early.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

So 2016, um, definitely sort of low single digit billions, uh, as we were, as we were growing.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

Um, but, but, you know, and sort of doubling year over year.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

And then, um, you know, obviously coming into this year, another big step up.

SaaS Interviews with CEOs, Startups, Founders
1008 WePay CEO on $1b+ in Transaction Volume Helping Your Favorite Online Platforms Process Payments

And then with this, uh, recent transaction with chase, um, you know, we, uh, you know, we're excited to kind of take things to the next level.