Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

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?

They were opposed to the markets we were entering, the go-to-market strategy.

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

And there was just a lot of debates, a lot of bats, which led to backstabbing eventually.

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

So it became somewhat of a toxic environment.

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

Yeah.

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

Yeah.

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

Yeah.

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

So for example, you know, I was the CEO at the time and I really wanted to continue to go after enterprise within real estate, continue to go up market and just double down on that segment.

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

But they wanted to expand into other verticals.

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

And so eventually, you know, it came down to, you know, voting and I was outvoted and I was actually removed from the company, but I was willing to leave.

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

There was a, I believe six people at the time.

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

Yeah.

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

So you can imagine how complicated that was.

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

Yeah, third company is Node, which I'm currently working on.

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

This one's venture-backed.

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

So I've gone through various structures and I can say that this one is a lot easier when you're venture-backed.

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

You have just access to stronger advisors, more resources, and you really can, I wouldn't say take your time, but you can really methodically plan out your next steps.

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

You're not trying to put out a bunch of fires, trying to make payroll or anything like that.

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

You have more time and focus, I would say.

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

Yeah.

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

So we just closed it actually last month.