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Erling Lind

๐Ÿ‘ค Speaker
156 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

could be on someone's laptop.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

So you just give them a tool, a B2B niche sales solution to gather all this information so they can search, find the relevant consultants with the right amount of experience and certification, et cetera, put them together, highlight the relevant experience and export it into these templates.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

So they save a lot of time in this process, reduce the burnout of their bid and proposal teams,

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

and they increase the chances of winning more work.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

But I would say possibly a more typical example would be, let's say, WSP is bidding to build or support a huge project and they need to prove that they have 100 engineers that have participated in designing a large bridge or something with specific requirements in the past and they need to put all this together and send it off to them.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

Then they would

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

Yeah, we are kind of targeting two segments now.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

So we go for mid-size, which should be like 15 to 50K USD ARR.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

And then we have the kind of enterprise motion, which is like 50 to 500K USD ARR.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

And yeah, we have lines in both of those boxes.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

I would say we have probably...

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

30 to 50 enterprises.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

We started down market.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

So our first client was probably 60 employees or something like that.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

Small deal.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

And then we've gone up market since.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

So...

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

When we started out, we had this idea that we could help consultancies solve this problem.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

I called everyone I knew in the consultancy business, and they all said they had the same problem.

SaaS Interviews with CEOs, Startups, Founders
He Raised $3m at a $25m valuation, is that overpriced or just right?

And then I asked them, like, if I solve it, will you pay for it?