Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Matt Ristel

๐Ÿ‘ค Speaker
259 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

I mean, it's certainly well into the tens of thousands, like well into the mid-tens of thousands.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Those are companies, yeah.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

I mean, we have hundreds of thousands, soon to be millions, like very soon to be millions of paid users.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Yes.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Uh, again, I don't want to, I mean, that kind of gives us, uh, so I can't, I can't really share those kinds of numbers, but you get a general idea.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

And again, this is our fifth year in a row, even at scale where we're growing at a hundred percent year over year.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Do I like to put my back against the wall?

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Right.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

And I, I,

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Prefer not to have my back against the wall, but we ended up putting ourselves there.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

So we had an outcome.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

You know, I had sold my last company and it was a pretty it was a good outcome for myself and for my family.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

It wasn't like, you know, unlimited funds where you never have to work again, sort of a deal.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

But it was, you know, it was certainly a good position to be in.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

And then when we started this, and you invest the first couple hundred thousand, and then you start working into your reserves, pretty soon your back is against the wall really quickly.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

How much capital have you raised to date?

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

A few hundred thousand seed capital, and then we raised a $15 million Series A exactly two years ago.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Um, well actually since 2010, when we really started to crack the code, we've been cashflow break even ever since.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Yep.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

And we don't have any intentions of touching our series a.