Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Hank Leber

๐Ÿ‘ค Speaker
228 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

And this was one where, you know, as long as the clients continue to be happy with that agency, then it's a deal that, that makes sense across the board.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

It's difficult to calculate that because we're talking about revenue over time that is not past, but actually present in future revenue.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

And it's likely that, you know, the clientele is strong and fast growing companies.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

And it's going to be a good situation for both Hawk and for me.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

So Coin Circle is an end-to-end token sale platform that helps companies actually create their token, create the necessary, you know, white paper SEC regulations, make sure that they do it right to bring a token sale to market.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

Is it securitized?

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

Yes, absolutely.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

So, you know, you have a private presale, which is a SAFT note, which is the securities piece.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

And we help make sure that our clients actually run that in a safe and copacetic manner because

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

This flying under the radar of the SEC is just not something that's going to last.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

And we want to make a business that's going to last.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

Yeah, so CoinCircle charges a fee for the actual setting up of the white paper, the secure websites, the wallet, the actual marketing materials and all of that, plus a portion of the tokens raised and the overall dollars raised on a token sale.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

It was launched last year in the summer.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

So it's about seven, eight months old, almost a year old.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

So mid 2017 was launch.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

So the major token sale they started with last year was Unicoin Gold, which was the token created by Unicorn, Mark Cuban and Ashton Kutcher bet company, which is esports betting.

SaaS Interviews with CEOs, Startups, Founders
1110 Why His $1.2m ARR SaaS Company Shut Down

Unicoin Gold did a $31 million token sale.