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Chris Hall

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
394 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Well, we have a couple of other shareholders that were, you know, the first employees to join.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So, yeah, there's still some other shareholders in the management team.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

But other than that, we're not that far diluted yet.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So we still have sort of potentially room if we want to do a B or C round.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

We can do that without really hurting the whole cap table structure.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Um, yeah, it's, it's a little different because we were pretty big when we did this.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

I mean, this is very late.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

We were already pretty big when we did this round.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Uh, yeah, we did the round.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Yeah.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So the,

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

that that was our first round of funding.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And I think

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

usually at that kind of scale, it's, it's, that's more like a B or C round.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So the dilution is a lot higher.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Um, and yeah, we're sort of in a good position that we, we were cashflow neutral when we, when we did the round.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So it's not, we're not with our backs against the wall racing to a B and a C round.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Um, we are able to put all this money into real growth.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So it's, it's slightly less risky maybe than your typical, uh,

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

you know, all or nothing Silicon Valley startup.