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David Braun

๐Ÿ‘ค Speaker
245 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

Exactly.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

So that's why I started Webleum.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

Also, you know, like I had a non-compete agreement.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

So like I talked to the buyer because like it slightly competes with TemplateMonster.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

But, you know, like, and then we've got a strategic agreement that we would use actually TemplateMonster as a lead generation channel.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

And we do like a revenue share with private equity.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

Yeah, it's actually a SaaS company, but it works as an agency.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

You know, the problem was during Tablet Monster times, we created over 1.5 million websites for customers as an agency, basically.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

And the biggest problem is, you know, like we use so many platforms like WordPress, Joomla, Magento, you name it.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

And the problem was once you create a website and you sell it to the customer, after one or two years, a new version of WordPress comes in.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

You have to patch it.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

You have to update and do a lot of stuff.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

And people...

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

At the end of the day, like after three years, you visit the perfect website that you delivered three years ago.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

Nowadays, it looks abandoned.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

You know, like it's homeless.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

So I started to think about maybe we create a website builder.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

But, you know, like Wix, Squarespace, Weebly, everyone is on the scene right now.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

People do not want to do it in do-it-yourself mode.

SaaS Interviews with CEOs, Startups, Founders
1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers

Because the websites at the end are crap.