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David Dobochnikov

๐Ÿ‘ค Speaker
114 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

We have today 15,000 paying customers and about 1.5 million users in general.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

Yeah, so scholarship policy is leveraging technology to increase the chances of earning private and external scholarship for American students.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

To use the premium features of the platform, the students are paying a subscription fee, which is $15 a month.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

And for that, basically, we save a huge amount of time for them, preventing them from applying to scams or scams

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

finding the scholarship that match them the best way possible.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

We have today 15,000 paying customers and about 1.5 million users in general.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

So with some partnerships and other things, you know, with some B2B partnerships as well, we do a bit more than that.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

So the thing is that a common misconception is that students need scholarships only when they're just applying to college.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

But the reality is that students actually need scholarships more in the first year of college and the second year than they

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

in high school.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

Because many of the financial aid that they get is only for the first year.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

And they can use private scholarships to pay for a board, for books and other things they need in college as well.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

And there's no limit to how many scholarships you can earn throughout your whole education.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

So it's true that the majority of our users today are high school seniors.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

But

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

Basically, many of our users are between the ages of 16 and 26.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

So the company was launched in 2015.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

2015, it wasn't.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

We didn't have any revenue.

SaaS Interviews with CEOs, Startups, Founders
ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans

We've been bootstrapped, but we were trying to figure out what would be the model.

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