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Devon Wijesinghe

๐Ÿ‘ค Speaker
171 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

No, we have raised capital.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So we did an A round and total invested into the company

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

And so, you know, our job right now is to, you know, kind of the B round will be the show me round.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Right.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

And then to either decide to scale that or to, you know, we look at different acquisitions and different things that we could we could do that pairs the company to get bigger, faster.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

And, you know, some of that is is inorganic.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So we may do a B or we may do something strategic with other people in the space because it's so new.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

We did a debt round last year.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So there was a few million dollars in debt that came in, I believe it was March of last year.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So we've done a pretty good job efficiently using the capital and we still have 12 months plus of runway in our bank right now.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

If it was, if it was 400, I'd be calling you for a job.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

or we've just been getting a lot of pre-billing from customers.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So there's the, there's the option for, I could tell you.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Okay.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Got it.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Yeah, I think the favorite one is the hard things about hard things by Ben Horowitz.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

It just nails everything about life, being an entrepreneur.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

And I think the best quote ever from it is that as an entrepreneur, you know, I slept like a baby.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

I woke up every two hours and cried.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So I think that nails it pretty well.