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Gary Saranrota

๐Ÿ‘ค Speaker
228 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

But there's like a total net working capital covenant, which is a formula based on cash in the bank plus receivables and all this kind of

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

No, they probably don't.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

it was just for drawing new, new funds you need to show like, so they wouldn't, you know, but they've been flexible.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

So if we wanted to draw funds, they work with their, they're very flexible.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

They're not an aggressive lender.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

So they know that the only way they're going to get their money back is to make sure we succeed.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

So, you know, when we needed to draw more money, if there's a covenant that we didn't meet, they took it to their credit committee and kind of a case by case basis decided.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

So they've been super patient and super supportive lenders.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

I own 27% of the company, which is still great.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

It'll be diluted in the next round.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

It's helped me not dilute.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

No, I'm the sole founder.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

Favorite business book these days are the five dysfunctions of a CEO by Patrick Lencioni.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

I've been reading that one.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

That's a good, that's a good goodies, that whole series of books.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

I like those.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

Number two, is there a CEO you're following or studying?

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

I can't say not really.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

I mean, I look at the whole world.

SaaS Interviews with CEOs, Startups, Founders
Daisy intelligence on track for $10m in 2021

I mean, I've read Elon Musk.