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Larry Kim

๐Ÿ‘ค Speaker
150 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

Um, and then I, I put an equal amount of, of, of capital in, uh, just to, um,

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

to gross that up a little bit.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

And that provided almost a full year of time to fully develop and show progress against this new ICP and new use case.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

And growing the business to over 2 million in revenue and getting a lot of interest in the business from investors and eventually doing our series A.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

Okay, so it's easier to talk about the things that I'm excited about.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

So the founder path model, it's like you just connect your Stripe or your Recurly, your Bank of America, your QuickBooks.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

Oh, my God, they give you a score.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

I wish all VCs were like that.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

You have to go on these all sorts of meetings and flying everywhere and you don't know where things are going.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

What a brush for sure that is to

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

just have a very quick and, um, dispassionate, you know, view and score of, of your business.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

And I think the first time that we did this, it was like, uh, you, you were able to get it done in like five business days or something like that, like from, from start to end.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

So that's, that's amazing.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

Um,

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

The rate was high.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

It's like credit card rates kind of things.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

But keep in mind, it's like unsecured debt.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

So I understand why it's that way.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

And in fact, interest rates are so high right now.

SaaS Interviews with CEOs, Startups, Founders
His First Exit Was for $200m, His Next Startup Hit $1m Then Almost Failed, Now 100% YoY Growth at Customer.ai with unique LLM model

It makes sense.