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Kyle Racki

๐Ÿ‘ค Speaker
167 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

But then we sold the business and we were, I mean, we were kind of just scraping by.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

I was doing a little bit of freelance work here and there.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And we raised $250,000 in seed capital from a local investor.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And that was what kind of sustained us for a few months until we hit product market fit.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Well, once we raised the money, we could pay ourselves, you know, like a modest but reasonable salary.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

It was me, co-founder and a developer.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And, you know, I'd say we weren't raking it in because we wanted to make sure we had enough runway to sustain us.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

I think at the time it was like 60K a year.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

All right.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

70K maybe.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Because I think especially when you raise money, you need to be you need to be reasonably comfortable.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

You know, you can't work on a product and hustle if you're worrying about how to pay your mortgage.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Okay.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And where are you guys based?

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Halifax, Nova Scotia, east side of Canada.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

I mean, I think that in Halifax where we're maybe seen as one of the brightest, you know, up and coming, I guess, startups, we get we get some respect.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

But I mean, there's there's definitely other startups that are doing better than us that are growing faster.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

There's a really nice little community.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

In fact, a lot of it is based in Halifax called there's a place called Volta, which we actually worked out of.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

for a little while and sort of brings together startups.