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George Simons

๐Ÿ‘ค Speaker
180 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Um, yeah, I think we were, we were publicly doing, we were on startup.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

We were on tech crunch startup battlefield last year around that time.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

And we were doing 15,000 revenue.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

I don't remember exactly how many customers we were doing, but that sounds about right.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah, we raised money.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

We went through Y Combinator at the beginning of this year, and we've done what we call Seed Round.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

We've raised less than a million so far.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Certainly could have done that.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

I think raising money in my mind as a form of de-risking a venture.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

I think some people think that it like increases the risk, but for us, I see it as like a form of de-risking.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Why is that?

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Because it allows for more of a cushion for the team.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

It increases our runway.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

It also allows us to grow faster as well.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

I don't think so.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

No, I don't believe that is what happens necessarily.