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Mike Lapchick

๐Ÿ‘ค Speaker
242 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

That's where I was going.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So there's...

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

There's a lot more competition.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So we we really we were the first in this field.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

And now we have a ton of competition.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So much of it is well funded, you know, and we've got first first mover disadvantage, classic first mover disadvantage.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So so what is that?

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Exactly.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So yeah, we paved the path.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

And then the other ones are, they're ripping it off.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

And they're coming in with much more funding than we had going out.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Because obviously, when you have a new idea, something that's disruptive, it's hard to get funding because it's bigger risk.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

There's no proof point, right?

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So other companies are using us as a proof point.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Yeah, it's A and we did a small B. Yeah.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

top of that so um and then so we raised 10 we've got competitors in now at 57 million in funding who is that a company called salsify um and there are a number of others that are you know somewhere between i just can't i i can't does your competitive nature to ever see that and go oh man it was going to be fun to beat them in the beginning but now it's fun to beat them even more because i've got 57 million in funding that that kind of thing your mind doesn't work like that

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Well, like if I had 57 million in funding, what do you mean?

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Yes.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

The David Goliath thing, it always gets me out of bed.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

But in, in this case, um, it's, we, we've gotten to the point where it's hard to fund our companies, hard to find additional funding, even though I can bring up all these proof points, you know, um, it's, it's just, it's hard.