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Leif Abraham

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And then I think there were also some limits around expense tracking and so on, but they were like pretty high.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And I think that's definitely a good point in terms of that.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

Did you push back, though?

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

Hey, if you build a product, I think one big thing out of this is that you want to reach scale.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And I think scale is something that, from a selfish perspective as an entrepreneur, is that you want to see, basically, in theory, millions of people use your product.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

That is, I think, something that really makes you excited.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And obviously, you want to build a business, and obviously, you want to grow that and whatnot.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And charging can be a growth driver, just from the perspective of being able to reinvest it and so on.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

But obviously, one big thing is you want to reach a certain scale, you want to reach a certain relevancy for people.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And I think that is something that specifically I think also for the team was very exciting in terms of joining Fiverr.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And then also one big thing in terms of how we grew.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

So one were these content stunts that we've done.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And the other thing we really like distribution partnerships.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And so one big thing of also what we started talking to Fiverr was from a perspective of distribution partnerships.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And so back in the day, for example, we did something with Envato.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

It's like one of the biggest creative asset marketplaces where I buy funds and things like that.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And so they have this subscription offering called Envato Elements.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And so if you subscribe to Envato Elements, you are getting an Encode membership for free with it.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

But basically in the background, there was a deal of how we would still make revenue on that through Envato and they were kind of subsidizing it and so on.

SaaS Interviews with CEOs, Startups, Founders
1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?

And so those types of deals were very effective for us in terms of user acquisition.