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Lonnie

๐Ÿ‘ค Speaker
163 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

I think that's right.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

Yeah, I think that's right.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

Well, what I was thinking, and Andy, I'll let you talk to this too, but what I was thinking was refreshing.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

How refreshing is that?

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

You're talking to an investor that actually wants to put more equity back in the hands of those that are going to take this to the next level, and how do we do it?

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

And I knew at that time, we have a very, I would say, communicative and cohesive board.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

They're here to support.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

We may not get everything, or the company at that time might not get everything they want, but they're open to it.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

And so we had created a really nice...

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

culture with the board.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

Prior to that, I think we had a little more of a hostile culture with the board and maybe a typical type old school board.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

But this one has been very supportive.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

So I thought it was refreshing.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

I believe when Andy and I started chatting, he thought it was refreshing.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

So I started working on the board.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

of it with the investors and just open to the idea.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

So if you go back to that three-year period, we'd already started saying, hey, we need to get more.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

What you were talking about was more than what I had at least suggested to the board.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

So I thought it was refreshing.

SaaS Interviews with CEOs, Startups, Founders
Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

So as we got into it, we had one board meeting where I stepped in for a period of time as acting CEO in transition as we went through a couple of changes.