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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

scale it up.

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 so that's what we're pursuing, like specifically this quarter and next quarter.

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

No, because a lot of the customers that are, so we do have the 65 customers.

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

A lot of them are on small, like basically on a smaller contracts.

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 happened was when we first started as a company, we were like, okay, can we actually, you know, market ourselves as, as a product that's, you know, about 120 K and above as a, you know, and so we really only started doing this.

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

this year.

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 started pitching our 120K annual contract model last month.

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

Before that, a lot of our customers were on 40K to 50K annual contracts.

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 so now we're really starting to, because the thing is, we didn't have the enterprise features back then.

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 so as we're scaling up and understanding, because enterprise issues that they're facing and challenges that they face are very different from the mid-market companies that we were typically targeting.

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

It's a little different just because of the fact that about 60% of that is coming from talent placement.

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

Yes, exactly.

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 the 200 is coming from the talent placement model.

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 software component, again, is also something we released recently.

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 the software component, yeah, exactly.

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 software component, as well as annual contract in terms of going higher ACV, that really only happened because

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

Um, I mean, if you look at our product in general, we released the first version of our platform last year.

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 it was like about, about six months ago that we released a version that was, you know, fully functioning that could actually scope out at least about 40% of your build and could, you know, um, really take you from scoping all the way to performance analytics.

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

Yes, exactly.

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 over the next six to seven months is really, I think, going to be critical for us.