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Jonathan Fischbeck

๐Ÿ‘ค Speaker
145 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We were doing services.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

So we were doing a lot of things.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

It was hard for me to break that service mindset.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

And we were able to really pivot to complete SaaS here in the last 18 months.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

So we've now kind of sunset our services.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

And now we're changing all of our revenue over from what was non-subscriptions to all subscription-based.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

Yeah.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

It was like... No, not 0%, but maybe 5% of that revenue was SaaS revenue.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

And so now we're flipping the script.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

So we pivoted to pure SaaS.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We do no services at this point in time.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

Yeah.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We're actually doing a seed round funding right now.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We're raising capital.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

I put in more capital.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We're still bootstrapped.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We're doing this through friends, family, partners, our closed network, and our board.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

Then we'll

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

We're scaling back up.

SaaS Interviews with CEOs, Startups, Founders
He closed $3.2m at $17m valuation with $20k in MRR last week for Estate Planning Tool

So we're probably... We just crossed $250,000 in recurring revenue in ARR in the past 5 months since we launched.