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Erin Berry

๐Ÿ‘ค Speaker
169 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

In Toronto, there's a lot of Shopify executives who are angel investors now.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

So those all converted along with the price round, but it was, yeah, it was priced.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

Yeah, it's a great question.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

I mean, we always do try to position ourselves more as an e-commerce model versus a traditional SaaS with recurring revenue.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

And the investors who want SaaS are never going to see the valuation there.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

But luckily, our investors had been executors themselves.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

They really understand the space.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

And they had also invested in other companies like Mocha, who are more e-commerce based fintechs.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

So really, I mean, it's always a dance.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

Nathan, I'm sure everyone tells you this.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

It's like negotiating anything.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

They come in low, you go high, you try to justify it.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

They say, no, that's crazy.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

And then you meet somewhere in the middle.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

So luckily, we found great investors who saw the value in the business and who understand that you're getting into bed for a decade potentially.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

And so you have to both be happy walking away from the deal.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

It is, Nathan.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

A lot of the things we do are not intentional, but this one is.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

You know, for us, we always think about the behavior of our users.

SaaS Interviews with CEOs, Startups, Founders
Willco Breaks 10k Customers, $1m Revenue, $6m Valuation for End of Life Planning

You really start your search for estate planning and wills by hitting up Google.