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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+

First question they're going to ask you is.

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

what are your revenues they said well none we know we're just starting the company now yeah not interested you know come back when you've got revenue nobody's willing to take and this is for you who's had successful exits right you have some legs to stand on yeah so now now hopefully with two successful exits you know my next one i'll be able to get some funding for in chicago but um but that has been the biggest problem and and and as an adjunct to that you've got the um

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

the developers go where the investment money is, right?

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

Which is not Chicago, right?

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

So very tough to find.

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

Four, okay, all in Chicago?

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

Most in Chicago.

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

We have one guy who just moved back to Spain because, yeah.

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

Because it's warmer there.

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

It's warmer there in Trump.

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

The president of Spain.

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

So the brands, both sides have the ability to pay for a function, right?

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

Because what we realized early on was that

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

you can't say that there's an influencer, the same influencer in every relationship.

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

It's never always the retailer, it's never always the manufacturer.

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

So in all of the platform services, we give either side the ability to pay, right?

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

To equalize the dynamic in that particular relationship.

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

But primarily, it's the brands who foot the bill for this service.

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

Not per record.

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

We index everything off of storage instead of the number of products that go across.