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Kevin Davis

๐Ÿ‘ค Speaker
220 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

Totally.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

Yeah, I feel like, you know, geek and music and it all goes together.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

Yeah, sure.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

So I had a pretty bad experience with Geek Squad, as you said before, where they just kept my laptop for about a month and a half.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

And, you know, just the natural thought was, well, we have all these smart people that can help with computers in our local area.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

So why don't we just send them directly?

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

And so that was kind of the experience.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

initial thought behind it where we wanted to go out and kind of be like an Uber for tech support.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

Although sometimes I hate those like kind of comparisons, but exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

But yeah, so I mean, we started to do that for a couple of years.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

We were more of a bidding site and then we changed up to a fixed price after we learned a lot of lessons about what we were selling, what the customer wanted and kind of what the best way was to move forward.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

And then once we moved to that fixed price offering, I think we really started to take off.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

And one of the big things that we did early was we had a ton of people that were telling us, you know,

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

If you do a marketplace, you have to open up in one market and then build that up and then go to the next one.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

And we kind of just said, F that.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

Let's try to do something where we can do it nationwide and build the supply as the demand comes in.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

And the nice thing about that was, as we try to look for cheap ways to get customers, if you're running nationwide ads on Google instead of just targeting San Francisco or LA or somewhere, it starts to become easier to get customers.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

So that's kind of where we started.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 396: Why He Raised $3m Then Merged With #1 Competitor

So, I mean, if you're trying to do it in a major metro and you're competing in San Francisco for like computer repair keywords, I mean, those are going to be incredibly expensive.

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