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Jules Hill

๐Ÿ‘ค Speaker
133 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

So, um,

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Yes, certainly was was not up to par with a lot of the offers that my my classmates were getting.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

And, you know, you pretty much nailed it.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

And the places they went, Boston Consulting Group on Wall Street.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

I was considered a co-founder, yes.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

I came on initially at 6% with the option to sort of, as the time went on, we had sort of set milestones for us to reach, at which point I would be offered more or an increase in salary, basically open to discussion.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Did you guys hit any of those metrics?

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Sorry, what was that?

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Did you guys hit any of those metrics?

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

We did.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

One of the big milestones we reached was getting accepted into the 500 Startups program out in California.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

That comes with a $100K investment as well.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

At that point, we discussed, re-evaluated, added... Actually...

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

reduced my pay, but added equity just in terms of, or with the purpose of trying to get as much out of that program and that money as possible.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

So that's what I ended up going out there, really trying to save us money, being able to direct that money elsewhere in our business, but taking more equity for it.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Um, as a reservist in the Marine Corps, uh, I do train throughout the year.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

So it's, uh, about four days a month.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Um, plus a couple of weeks during summer, plus additional duty that I can find, you know, if they have, uh, they have all sorts of stuff throughout the year that comes up and I sort of volunteer to do that, get a little bit of extra pay there.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Um, I do rent out a room in my house.

SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183

Um, and also just through other stuff, I did some, uh,