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Marcin Kleczynski

๐Ÿ‘ค Speaker
286 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

And we were able to give a little bit to employees as kind of like an incentive program midway through the company's life.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So, you know, it's a different kind of company for us.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So we did not have an option pool until 2013.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So five years of hiring people without an option pool in the Bay Area.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

It was a really interesting experience.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So when 2013 came around and we took money from Highland, we set up the option pool, just like you said, 10%.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

Is that your first round?

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

That was our first round.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

Yeah, that was the first time we were bootstrapped till 2013.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

And what was revenue?

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

I think it was 25 around there.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

25 million bootstrapped, yeah.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

Okay, and then what have you raised to date?

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

80 million.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So Fidelity came in last January.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

And as you know, they're kind of growth investors.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So they're looking for kind of crossover round, meaning that, you know, they bet on companies that they think can go public or are really shaping an industry.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

And that's really what the thesis they saw in us.

SaaS Interviews with CEOs, Startups, Founders
938 Will 28 Year King of Malware IPO with $130m in ARR in Next 12 months?

So 650 actually is what we just cranked over.