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Mark Organ

๐Ÿ‘ค Speaker
372 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

raised about 50 million dollars one five or five zero five five zero um so it's uh it's a fair chunk we still have we still have quite a bit come on mark i thought the vcs are the ones that kicked you out at eloqua and you go and raise 50 million what the hell are you thinking uh you know the software business the way that it is is um

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

You know, there's a reason why VCs exist, right?

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And that is, like, software business is a winner-take-all or at least a winner-take-most type of business.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And so, yeah, it's interesting.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

Like, in the early days of the company, I was funding it myself.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And after a while, I was just, you know, I like getting checks.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

I don't lose.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

quarter million in and frankly once we validated the market like we had we had you know a couple prototypes we had some early revenue you know I raised I raised a seed round a small round like quarter million dollars and then a year and a half later I wanted to hire a VP of marketing and we needed to pay him a real salary

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And, uh, so I looked to raise another 350 K, like just enough to kind of hire him and pay some other expenses.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And that round just kind of went bananas and, and we ended up raising almost 4 million as a result.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And at that point we were just on rails.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

Yeah.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And, um,

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

You know, we had to decide on what our goals were.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And for me, whether I wanted to be rich or I wanted to be king.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

And I decided I'd much rather be rich than king.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

You can have it all.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

It is difficult, but yes, you can have it all.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

Yeah, so it's faster.

SaaS Interviews with CEOs, Startups, Founders
846: SaaS: $50m Raised, $12m+ ARR To Incentivize Reviews and Influencers

Okay.