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Einar Volsett

๐Ÿ‘ค Speaker
859 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

I was talking to actually a guy who's a friend of mine who's a venture capitalist now and was then, and he was actually at Demo Day.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

And he said, actually, the weird thing about that Demo Day is the feeling going into it was, will anyone write any checks?

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

That was the, that was the feeling, you know, like, cause 2008, you know, 2008, 2009, we did, we did it with, uh, went through with Airbnb and they actually, um, just to give you context for how things have changed, they did what they then called their series a, uh,

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

which later got rebranded as a Series C because there wasn't such a thing, I think, as a Series C at the time.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

But they raised $600,000 for their Series A. And everybody thought, like, holy crap, that's a lot of money.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

And that was a big check at the time.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

But yeah, I mean, I think...

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

the sort of startup ecosystem, like there's a lot of these companies that got started right around then, like Airbnb, Dropbox, Stripe a little later.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

And they all got started at the time when the valuations were nowhere near as highfalutin as they are now.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

So it never really made a lot of money like, because it wasn't, uh, I think maybe that's, I think we tried, I'm now I'm just clutching at straws of my memory here.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

I think we tried charging like five bucks for it.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

Maybe there was no such thing as subscriptions at the time we tried.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

I think we tried in like the second product, uh,

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

Because the version between the desktop version and the quote unquote final version was one which is sort of a hybrid, where there was an app, but it talked to a central server.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

And we were going to charge a subscription for the server.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

I think we tried that.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

And then I think we tried

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

I think we tried charging for the app itself just, but not much, like five bucks per account or something like that.

SaaS Interviews with CEOs, Startups, Founders
Einar Volsett on How TinySeed Works

It never was a real focus to try to make it super sustainable.