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Kathryn Minshew

πŸ‘€ Speaker
289 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And secondly, that there was an opportunity to do something with employers that would feel so much more human than what was honestly, frankly, the case on most classic job search sites.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

I mean, even today, in most cases, you are confronted when you go to those sites by a giant blank search box.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

You have to type something in and you'll get 3,724 results and they all look the same.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

What sort of, I mean, I'll get off my soapbox, but I am offended that for so long that was considered adequate for one of the most personal and important decisions in someone's life, which is what are you doing with your life?

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

What are you doing with your career?

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And anyway, I won't go all the way down the rabbit hole, but I really felt like there was an opportunity to change that.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

So I spent about 20K on living expenses with the first company, which was effectively research in some senses.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And I didn't spend it on research.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

I spent it on rent and food and paying for a MetroCard to get around New York.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

But I had about 5K left.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And to make a long story short, we hadβ€”there were four of us that started that first kind of project-slash-business, started as a project, became a business.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

We had two very different visions.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And so, Alex and I, my current co-founder to this day, sort of split off.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

The other two took that and made it kind of something different, took it in a different direction, and we started The Muse.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And I had about $5K left, which, frankly, was terrifying, because, firstly, I was spendingβ€”my living expenses were as cheap as I could possibly get them.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

I had moved out to Brooklyn.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

Probably $1,800 all in your three months runway.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

Exactly.

SaaS Interviews with CEOs, Startups, Founders
702: With $5k Left in Her Bank TheMuse Was Launched, 50m Visit Annually and 600 Companies Pay

And rent was half of that.