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Christopher Tufford

๐Ÿ‘ค Speaker
88 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

The idea that we're bringing to them something that's fully digital that they can sort of pivot to and adopt, not only now to help them solve the ongoing problem they're having with fundraising, but then as an augmented new digital revenue stream for the future is pretty compelling.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

We start the rev share at 80-20, but we give them an opportunity to grow their rev share up to 95% through various different metrics, hitting activation targets and time on the platform and

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Yeah, well, potentially.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Um, but what we're helping them do of course, is this is going to be found money to them, right?

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

In a lot of ways.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Um,

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

I mean, the micro donations from the spare change transaction roundups are, you know, practically found money to people because it's just spare change.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

But once we start rolling in the cashback rewards through connecting into affiliate programs, that's literally found money, right?

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

It's just organizations that will pay us a commission on track spending by sending people to go shop either online or in their bricks and mortar stores or what have you.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Well, that's, that's really sort of, there's it's, it's more, uh, it's not really a science, is it?

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Um, valuations on a pre-revenue tech company, but, um,

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

I would say a $5 million valuation is probably tends to be a bit on the lower side.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

If you're looking at companies that are raising from VCs.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Famous business book, The Making of a Blockbuster by Wayne Huizenga.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

I've read a few books over the last few months about Elon Musk, Jeff Bezos.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

They were both really good.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

And Mark Benioff.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Wow.

SaaS Interviews with CEOs, Startups, Founders
How He Raised $500k With No Product, No Revenue for NonProfit tool

Um...