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Julian Delane

๐Ÿ‘ค Speaker
147 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

I went through Techstars Boulder.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

I was on the fence about raising money.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

And at some point, when you really want to develop a great product, I think having VC capital coming is really helpful.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

So I raised capital last year.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

How much?

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

$2.1 million.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

And I learned a lot by raising because you learn a lot about the different... Basically, fundraising is like selling.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

You sell yourself.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

You sell a story.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

You sell a future.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

And it's something that I had to learn.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

It was really interesting.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

It took me a few months to complete the fundraise, but I'm really glad that we were able to raise with really known investors in the US, either angel or traditional VCs.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

And you have great support from them.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

It was a safe.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

So you have this safe from Y Combinator that is right now pretty used for all the startups.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

And we use a safe, which is really great because you can simplify the way you raise money.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

No, no, no.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

It was capped.

SaaS Interviews with CEOs, Startups, Founders
Burning $55k/mo Building Freemium Tool for Developers, 15k users, $1.2m Raised

So next for us is really about pushing this product for the coding assistants.