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Jessica Rovello

๐Ÿ‘ค Speaker
198 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

It's not a million dollars a year.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

It's not $10 million a year.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

It's hard to conceive because we're kind of surrounded by people who are burning billions of dollars a quarter.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

But like for my business at this scale, that's just never happened.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

And we already had cash on hand when we took the investment.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

Yeah.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

We were not in a place where we raised when we were at less than zero.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

We already had significant cash on the balance sheet when we raised.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

And that's how we were able to raise on terms that allowed us to eventually put us in a position to buy out our Series A.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

No.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

Because I still do not feel like the business has reached the level of maturity and scale that it is capable of doing.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

Yeah, you know, I think absolutely.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

I think in our minds, we're pretty aligned on what we want to do with the business.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

And honestly, it's never been about an outcome being related to a dollar amount.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

The outcome is related to the impact and the achievement that we have inside the business, in the community at large, in what we want to do with our lives.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

It's really about the journey of building the business as opposed to sitting on a pile of cash.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

Someday.

SaaS Interviews with CEOs, Startups, Founders
She Hit $12m in Revenue, Raised $5m in VC, Then Just Bought Out Investors, How?!

Thank you.

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