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Carl Peel

๐Ÿ‘ค Speaker
151 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

So the reason why we bought mini cards is because mini cards had access to all these hotels that we didn't have access to.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

And it would give us an opportunity to give this platform, this kind of like concierge platform to them.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

So we were already working with a hundred schools.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

We also worked with universities like SOAS and King's organizing the international student social program.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

And then we saw this opportunity to extend to these hotels.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

and mini-card was the perfect platform.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

Companies were paying to advertise and on top of that, we would have the opportunity to sell our tickets.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

What we didn't foresee is that students started photocopying our tickets and because none of the attractions actually scan third-party tickets,

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

People were let through and we had to pay for those.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

So the company almost went under.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

It was a massive nightmare.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

And that's when I realized there is no hub for tickets.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

There's no way to connect distribution and supplier.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

And we're talking this 10 years ago.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

And so that's why we decided to first launch a little scanner that would connect to Expedia, TripAdvisor, etc.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

And allow the suppliers or the museums of St.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

No, so everything is out of the box.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

So you use an iPhone and Android, and then you just buy your own sum up device, or iZettle, and then a printer if you need it.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

So we have between 250 and 300 customers at the minute.

SaaS Interviews with CEOs, Startups, Founders
His 50% Co-Founder Hacked Him, Paid $15k to Buy Out, Now $600k in ARR Growing Fast

Exactly.