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Deepak Balakrishnan

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

All based in India so far.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

We have a couple of ISRs.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

We're bringing on a contract ISRs in the US.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

But so far, five engineers in India.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

I'm thinking we actually will be quite okay with even a seed round, actually.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

Our burn rate is so small.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

What is down today?

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

We are burning about 10K a month.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

And we want to take it up to about 20, 25 a month.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

And I think that will be a good place to be.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

So we want to raise in the next six months.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

Once we have about 15 to 20 paying customers, that's what I would like to see before we get back out there.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

So not too far out, but maybe three, four months out.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

No, I said 15.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

15, 1.5.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

15 to 20.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

ARR, like 900 per month, as you say, so that works out to about 15K a month.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

So I would probably do it in the US.

SaaS Interviews with CEOs, Startups, Founders
1706 The Early Days: How He Got His First 8 Customers

Again, we happen to be based out of here, but the market is the US.