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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

I think it's just because we haven't specifically sat down and looked at how many of the YC customers we can onboard and what's our startup strategy.

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

Because the thing is that with our platform, we're really trying

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

enterprise.

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 always been our goal.

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 when I say enterprise, I'm talking about typically like publicly traded 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

So we're looking at companies that have thousands of engineers under their belt, and they're essentially looking to figure out how to optimize the scoping process.

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

Because what we've seen that when we talk to startups and smaller, and I mean, you know, if you're south of a thousand employees, then you're typically not dealing with the issues that large enterprises facing.

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 we think that we can optimize our platform by specifically focusing on larger publicly traded companies because the system will learn faster.

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 can get hundreds of thousands of projects from one large enterprise.

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 once we've actually like conquered that area, we think that we'd be able to specifically focus on startups later down the line.

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're at about 8% churn.

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

Okay.

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

Yeah.

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're spending a lot.

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

Like customer acquisition costs are pretty high.

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 I think over time, what we'll be able to do is- By the way, you can afford to do that, right?

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, well, our burn as of today is at about 110K.

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

Okay.

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're still pretty low on the burn side.

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

Customer acquisition specifically.