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Enrique Vaz

๐Ÿ‘ค Speaker
137 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

We are still not discussing.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Just in the early days, we are not really talking to funds or anything.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

I'm just starting those conversations, sending quarterly bags to show where we are going, what are our plans.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

We should officially open this round, I think, later this month or next month.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Usually we look for, usually a Series A round is around 25% equity, right?

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

20 to 25%.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

So let's look to be on that percentage.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Maybe we'll be able to get, maybe some of the early investors, we want some liquidity on that.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

early investment.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

So valuation is still cloudy.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

I think there is a really big gap that we could go in terms of how much the company would be valued right now.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

I think there'll be something between 10 and 15.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

Around 30%, including the founder that led the company.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

So on our seed round, we created an SOP, stock option pool.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

So we have 70% on let's call insiders, me, my co-founders, and some employees.

SaaS Interviews with CEOs, Startups, Founders
Brazilian Cloud Security SaaS Hits $750k ARR With $350k Raised, Opening $5m Series A Soon

And 30% on investors.