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Godard Abel

๐Ÿ‘ค Speaker
1167 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

So that's not a great track record.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

but he was very famous at the time still.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And, you know, so he was my first investor.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And then once I had him invest, everyone, and his advice to me was just like, just think about how to go public in one year.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

I was like, that sounds awesome.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

So we hired 70 people, didn't know what we're doing.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And frankly, in hindsight, it was a really bad way to build a SaaS business because I think in hindsight, starting to realize in one year, you never build a good product.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

or a good company.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

But then, and our journey got much harder, so a year into it, all of a sudden, like at the end of 2000, I'm like, oh great, we'll raise our next round.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

But all the VCs then were like, no, you're a young, dumb, clueless kid.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And the internet was a fad.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And it went into like .bomb, that's what everyone was saying.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And then I'd call on customers, like, hi, we're from bigmachines.com.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

Eventually we dropped to .com.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

They're like, oh, when are you going bankrupt?

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And then 9-11 happened, and all these manufacturers were like, well, I'm not investing in anything.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

And the internet was a fad.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

So goodbye.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

So I think for a couple years, we were only selling like two or three customers a year.

SaaS Interviews with CEOs, Startups, Founders
This Founder Built 3 SaaS Companies, hit $40m ARR 3 times. Here's how

I think my business plan to my investors was like, we're going to sign up 50, then 100.