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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

So I mean, working with some of our primary investors and myself, I mean, we felt like that was an appropriate number that we were able to get kind of that first initial one and a half through a primary investor of ours.

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

So that was just where we ended up with this deal.

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

Yeah, so our largest client is about 7,000 of that a month.

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

And so with where we are right now, we have a release coming out end of this month.

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

So it's our 3.5, 3.0 is our April release.

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

So now we're on our fifth release since our primary release.

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

And with that, we're reaching a maturity level on our platform of a three out of five.

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

And with that, what that means for us is that why have people come and we have like a 52% close win?

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

Why isn't it higher?

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

Because we're missing feature functionality.

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

We got something out there, right?

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

So I think the story in SaaS, it's always just put yourself out there, right?

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

Get a product out there, get feedback.

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

property maintenance and project management feature sets.

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 opened up in there, they're a large B2B.

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

Yep.

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

So they have about just under 200 employees, they're doing between 50 and $100 million in revenues annually.

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

And they're managing over 100 properties.

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

We charge per user per month.