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Iba Masood

๐Ÿ‘ค Speaker
197 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

The nature of how they use us.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

So, you know, they don't need like, you know, enterprise level security.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

And they're typically, we classify them as mid-market.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

And, you know, with mid-market, we've seen that the need is primarily, and, you know, some of these are like sporting goods companies.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

Some of these are, they're not your typical,

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

technology companies or it companies, but they need to innovate and iterate on, uh, on their existing products.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

So for example, like a sporting goods company wants to make, um, Jersey designers, like online, uh, online Jersey designers, you know?

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

So, so we're seeing that the need is, um, uh, is, is pretty prevalent, not only in tech companies, but also in companies that are kind of like, you know, wanting to innovate.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

The floor is typically 120.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

But what we've seen is we do bring in like mid-market companies for six month projects as well.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

So we've had like projects come in for about three to six months where they're typically like starting off with a pilot in some cases.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

And then once the pilot works out, then they kind of scale up to an annual contract.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

That's a great question.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

So about 60% of our revenue comes from placing the talent and about 40% is coming from the software.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

We do think that, you know, those metrics may change over time.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

But I think what's more exciting is now when we first started with enterprise, we were kind of going on a one-off project basis and

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

Well, what's happening was, so for example, with like the likes of Cisco, we were doing multiple projects within like one enterprise, but it was with different teams.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

So what we're excited to do now is get into multiple teams from the get-go.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

And the way we're doing that is we're essentially like doing these pilots where we're able to prove out the value with like an initial five-figure deal.

SaaS Interviews with CEOs, Startups, Founders
1156 YC Alum Burning $110k/mo in Cash To Scope Projects and Place Dev Talent Using Machine Learning

And then from that, move into a six-figure deal when they have the confidence to really like...