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Maciek Zawadzinski

๐Ÿ‘ค Speaker
110 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Now, does clearcode.cc own equity in PwC Pro?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

No.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Okay, so how did you put $2 million from the agency into PwC Pro without giving up equity?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Maciek, how much equity do you own currently in PwC Pro?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

So you control the company.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Who owes the other 60% of the equity though?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

How much do investors own?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Okay, 10% there.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

So 10% employee option pool, Maciek, you own more than 40%.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Investors own 20%.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

That's 70 there.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

So former founders still own about 30%.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Understood.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

And the 2 million you raised in 2017, do you remember what valuation you raised that at?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

Okay, interesting.

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

And then are you looking at raising capital today or no?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

So existing investors put in more than the $2 million?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

How much debt would you raise if you did do it?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

And what value, what would you value the company at today?

SaaS Interviews with CEOs, Startups, Founders
This Google Analytics Alternative Just Broke $6.3m Revenue, valued at $70m, Considering a Raise

What are some of the term sheets that you turned down?