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Madhan Kanagawa

๐Ÿ‘ค Speaker
188 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So you're talking about 20,000 users in a deployment versus, you know, five users or maybe 10 or 20 users at the lower level.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So it's really the number of users.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So our licensing is based on user count.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Really interesting.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

No, I was just going to say, so how many customers are you now serving today?

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

We are serving over 3,000 plus customers.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

These are businesses either spread that we serve directly by ourselves or through our resellers or partners.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So yeah, there's around 3,000 plus businesses.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Well, the original company, Codelate, was launched in 2008.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

And we worked on a different product back then.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

And then we pivoted in 2012 to FileCloud.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So 2012 was when we launched FileCloud as a product.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

The first year we made like, I don't know, $300 the whole year.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

You know, two to three years afterwards, we are crossing around a million dollars in ARR.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So that's been the tremendous journey we've been on so far.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So we are a private company at this point, so we don't share our revenue hours publicly at this point.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

But we've been growing tremendously over the last five, six years.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

We have about 75 people right now in the company.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So yeah, still a long way to go, but yeah.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

It's a combination.