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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?!

And so we were able to take investment on pretty good terms.

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

We took a minority stake in the business.

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

We sold less than 20%.

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

5 million.

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

Yeah, it was somewhere in that range.

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

And I mean, I think the other important thing is that outside of the cycle that the industry was going through was just kind of what we were thinking and feeling as entrepreneurs.

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

And I say this because it kind of influences a lot of my thinking now and a lot of what I believe in as an entrepreneur now.

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

And that was kind of that.

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

I always had this little monkey on my back that if we didn't raise, we wouldn't be a serious business.

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

We wouldn't be a

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

a large business.

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

We wouldn't be a player.

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

I think when you're an entrepreneur and you're in tech, you see a lot of unicorns around you and they get a lot of ink and a lot of people talk about these high growth, ridiculously scaling businesses.

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

I think it's very easy to compare yourselves to what you see in the market and

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

the truth of the matter is it's like, you don't always know what's going on inside a business.

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

And people don't write about the 99% that, that aren't necessarily having that success.

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

And that success from what I found is very, um, can be very shallow and it can be very fleeting.

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

Topline revenue does not equal a healthy, profitable, thriving, sustainable business.

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

Yes, we were profitable.

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

Yeah.