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Farhan Afsahi

๐Ÿ‘ค Speaker
78 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

We're working on building and launching every one of our APIs every day.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

yeah look uh normally i don't care about these things because these things are always like this bates a lot of time so we're going to put as much as output as we can so let's just focus on building a product and getting more customers so you know i don't care about having 50 or like 33 percent so yeah you you will if you sweat for 10 years and build into a billion dollar company

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

but we still don't have a billion dollar company.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

Any plans to raise or you want to say bootstrapped?

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

No, no, no.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

We have to raise.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

But not for having money reasons.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

Because right now we're working with government offices that provide their API services.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

When they do, also want to check our company if we have good backers, investors that will add credibility to our name as well.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

So

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

that's one of the most thing as in the same time to get more enterprise customers.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

Like for example, since 10 months ago, a lot of enterprises and like banks like Wells Fargo, Maybank, Cheaper Cash, like Corner Shop, which is a subsidiary of Uber, Shopify have visited our website.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

Some of them scheduled the demo to see how they want to use our products.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

So they're eager to use it.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

So how much are you targeting for Honduras?

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

so right now about like the normal pre-seed seed round so about like between 200 to 500 so that that's pretty much the same thing um and at the same time like in the meantime uh we need this type of uh investors in the b2b step space because most of our customers that we're going to target are like fintechs big fintechs like banks and uh

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

Okay.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

So what valuation are you targeting?

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

So, as I said, like, for example, 25% is a lot today.

SaaS Interviews with CEOs, Startups, Founders
22 yo Launches B2B Fraud Prevention SaaS That Will Tell you if the China Steel Company is Real or Not

Like for 25% of the company, 500K is a lot actually.