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Luke Feeney

๐Ÿ‘ค Speaker
157 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

Well, that's a really good question, because we'd be more... If you said to me, I could get an extra thousand developers up on the platform building really interesting things versus another 100K in revenue, I'd choose the thousand developers building on the platform.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

Because it shows that it's got real life to grow.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

It shows that people are trying to build new and exciting applications that they're then selling on.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

And I think that's when you get into that series A, can I just show potential for how much we could grow and how many people we have using the platform versus how much do I have to show that we've already done?

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

And that'll become a big question for us about which one of those we're really pushing as the metric for the Series A round.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

And my hope is that I'd be saying, you know, it's a no-brainer because we've got 10,000 people building on the platform.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

And those 10,000 people, even if only 10% of them hit real value, we're going to be, you know, huge.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

How many individual people...

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

So in the open source, we're not that many.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

So it's as a data platform that people are really contributing.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

So they're hosting their data on the platform.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

They're using it.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

They're opening their databases on a minute by minute basis, hour by hour basis.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

They're building applications that are solving real business challenges out in the world.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

And that's really what we want to see is that they're using the platform as a backend for whatever they're building.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

Well, 13.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

And how many engineers?

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

Almost all engineers.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

So there's 11 engineers.

SaaS Interviews with CEOs, Startups, Founders
This Developer Tool Doubled To $240k ARR And Raised at a $14m Post Money Valuation

Yeah, well, until you guys sent Striper over to us, it was a lot cheaper.