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Mariano Suarez-Battan

๐Ÿ‘ค Speaker
168 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

And then it was appreciated over in time.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

I think it was $600,000, $700,000, something like that.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Yeah, everybody was happy.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Angel investors got around 10x.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

I mean, yeah.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Awesome.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

So IDEO, we decided to go in 2014.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

We didn't join IDEO.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

We are a startup in residence in IDEO.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Oh, got it.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

We founded the company, and then we realized that... So a few teams at IDEO were using it with Steelcase, actually.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

And they were discussing this program and also like trying to bring in collaborative fund as a funder for the program.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

So we knew people there and we happen to be great because we are part of that vision that they have of like,

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

in making everybody a designer and then deploying design thinking across the world and again we are a very good platform for anywhere across the world to practice design thinking so so our missions are pretty well aligned and so what was what was the financial aspect of that so did did they get did does ideo get a portion of mural like five percent is it like an incubator

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

It is like an incubator.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Our deal was a little less than that because we were already a bigger company and we were already funded and so on.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

I think it was like close to a million bucks by that time.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

So IDEO, so again, collaborative fund put in some money, right?

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

And then IDEO put some...

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

in kind, again, time in the office, time with people, connections with large firms.