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Justin Shum

๐Ÿ‘ค Speaker
211 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And all of us are successful in different areas now.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

So I don't think I have too much regrets.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

This was actually not.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

The second company was Ask Avenue, again, in the prop tech space.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

Ask Avenue.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

Avenue, okay.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And we had some of the largest enterprise customers at the time, Remax, Royal Page, another massive brokerage with 20,000 agents.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And we got a lot of press, won a pitch competition to kick it off.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

But that one was angel-backed, actually.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And it was a

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

Completely different experience from bootstrapping where you own.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

I own 51% of ReadyChat.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

Ask Avenue slightly less.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

But it's super important to note this, that taking on angels, they have to be the right angels.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

The angels we took on were not experienced investing in tech.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And so they had different agendas, different strategies they were trying to enforce.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And so it got pretty messy, pretty ugly.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

And I actually exited that one willingly and didn't make too much money off of it.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

I just wanted to move on to new things.

SaaS Interviews with CEOs, Startups, Founders
Can this new AI tool grow into their $10m valuation?

Yeah, just different objectives.