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Jeff Seibert

๐Ÿ‘ค Speaker
234 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

We raised a $10 million A round from Benchmark in 2018, right when we started.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

And then we raised a $22 million B round from GVAP.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

That was, oh man, 2019.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

Yeah, I think the key is to really show the size of this space.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

These financial products are absolutely massive in revenue and in market cap and so on.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

And so showing the big opportunity here, showing that we're in this for the long run, we have seen the short 14-month start and sell and sorry story.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

That's not what we're going for here.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

We think we can be a major player in this space for decades to come.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

And I think that story resonates with these investors.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

And they've seen that Wayne and I can execute, build a team, build a product.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

And so now we just need to go do that in this market.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

I'd say slightly more advantageous given our background, but yeah, roughly in those ranges.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

Right.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

There's no MAU yet.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

There's no revenue yet.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

It's pre-revenue.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

Those are honestly my favorite pitches because you can really focus on the vision.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

You're not sort of weighed down by like where it is today.

SaaS Interviews with CEOs, Startups, Founders
Digits Wants to Replace Quickbooks, $30m Raised, 4 years of Building Distribution, Launch is Next

We're really focused on how big can this be?