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David Hauser

๐Ÿ‘ค Speaker
286 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

No, but in all seriousness, it's nice to move around a little bit.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

So I have about 18 minutes here.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

I'm going to keep this as casual as possible, but walk through a little bit about how we think about M&A.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

Obviously, we've gone through a few transactions.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

For those that don't know Grasshopper, press the button.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

We did build Grasshopper, bootstrapped it 100%, built it from $0 to $30 million a year in revenue before we sold it, and ultimately sold it to Citrix for $175 million in total.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

I'll talk a little bit about how we use debt as well.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

Also built Chargify, sold that company twice, most recently to Battery Ventures.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

And I've also raised capital as well.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

So happy to talk about that.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

Most recently raising $42 million for Vanilla from Insight Partners and Venrock.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

I also make a lot of investments, not just buy companies.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

So talk a little bit about our revenue growth here.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

We were very lucky in our first year.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

We broke a million and a half dollars right away.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

And then you can kind of see that revenue trajectory and how it changed in those later years.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

We sold it over here in the 14, 15 period.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

And we got really lucky.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

Happy to talk about kind of some of the team changes that happened here.

SaaS Interviews with CEOs, Startups, Founders
Details behind David Hauser Selling Grasshopper for $176m and how he acquires companies today

I was talking to some people a few minutes ago about how at kind of about $10 million we went from a lot of doers on the team to a lot of thinkers, right?