Konstantin Bayondin
๐ค SpeakerAppearances Over Time
Podcast Appearances
I was alone for the first year in 2020, and I was able to get to the first six customers and 35 MRR.
35,000 MRR and I started to raise money to hire the team.
I got my co-founder, Dmitry, who first was the angel investor and then converted as a co-founder.
Fast things forward, we are now four times larger than the company was when it was alone.
22 a month in December last year.
So wait, so December 21, 80 plus and December 2020, 22.
And I started the business in 2020.
Yeah.
Yeah.
By February, March, and I started to hire people February, March.
I started to hire people in 2021 in February, March.
Got it.
So I started in April 2020, was running it alone.
By December 2020, I had $22,000 a month.
I still run it alone and I started to hire people in February, March last year, 2021.
And by that time I had a 35K run rate per month.
So we raised $1 million in pre-seed a year ago, closing in April.
So it was a plain six mil post money save.
So we could raise less because our revenue grew really well and we still didn't spend even half of the money.
But I believe you should raise more than you need all the time in order not to be in a position when you strive for new funding.