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Kevin Hobbs

๐Ÿ‘ค Speaker
118 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Last 12 months.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

30 million US roughly.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

So we did a token sale where we accepted Ether in return for our fuel tokens.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

That Ether amount equaled at the time to roughly about $30 million US.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

So today I think it would be...

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Can you ask if today's price is roughly around 13 million?

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

We did liquidate some.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

We were fortunate to liquidate some at the time.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Our business model, obviously we're very positive on the crypto space, but we have to pay the bills.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Um, so we, we've liquidated, uh, probably about 60%.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Uh, no, most of it was right around the time when we raised like in the beginning and then a little bit here and there as we went along.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Um,

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Yeah, it does still affect us because we still do hold.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

So it definitely does affect what we do on a daily basis, how we plan.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Also because the market has softened up so much right now.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

We're not bringing as much revenue right now.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

A lot of people are holding off until the new year to see what happens with these markets to kind of turn around.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Oh, I mean, that's, that's really tough.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

Like we're blockchain agnostic.

SaaS Interviews with CEOs, Startups, Founders
1582 Blockchain CEO Says Could Go To Zero, Here's Why

So whether cryptocurrencies kind of go to the moon or go to the floor for us, our day-to-day business doesn't change that much.