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Mark Abbott

๐Ÿ‘ค Speaker
698 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So we've got about 30 of those companies on the platform and we add two or three a month right now.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

Some of them are large, like equal exchange is a $70 million a year company that does, you know, organic coffee and tea and, and chocolate.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

Um, they're moving their entire catalog fundraising business onto the farm raiser platform.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

because they recognize that there's massive value proposition for them in automating their current process.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

The twelve hundred dollars a month also translated translates into X amount of campaigns.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

And those campaigns also pay us.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

But if you're paying that per year and I'm getting 100 campaigns from you per month, that 100 campaign is translating into.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

That's totally get that.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

The technology is hard to build.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So it took us a while.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

We, you know, we ran almost seven months worth of campaigns without writing any code because we wanted to make sure that we were actually solving some problems that people would respond to when we released the technology.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

And then we've done two versions of the, of the stack and we've also done the mobile applications.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

You've got a fairly heavy upfront tech cost.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

We're at a place now where we can see the break even for FarmRaiser.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So we want to get there before we take any more money.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

When do you think that'll happen?

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

What month?

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So we should be there by the end of this fiscal year.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

We should be looking at a volume that allows us to break even.