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Mitch Thrower

๐Ÿ‘ค Speaker
199 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Ignore the trailing stuff.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Yeah, yeah, yeah.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

So, I mean, in the first 12, we were probably in the maybe million and a half range, somewhere in there, a million four.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

The great thing is we were in

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

I would call it a beta, although we didn't necessarily call it a beta.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

But when you're building a platform for events where they're trusting you with their capital, I mean, many event organizers log in more to our systems than they do their online banks because they're watching their transactions, they're communicating with their customers, they're utilizing it for a part of their CRM.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

And when that happens, you really want to have a great place for people to live.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

So our scale, our buttons on scale and organic growth and marketing, we have not yet really pushed those because we wanted to get to where we were about a year ago when we were ready to really push it out to market.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

And then, of course, the pandemic happened.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

And so we said, let's go do some acquisitions to scale during a pandemic.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

But that's what we started on and taking one or two of the systems that people were using, bringing it onto one and then adding fourth and fifth and sixth and 12, however many different features that they're using elsewhere under one platform.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Correct.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

So I think collectively, and we did it as a rolling raise.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

So I'm going to let you know, we've raised over $50 million and we're about to announce a round that takes us over $70 million.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

And that includes the acquisitions

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Um, uh, one of which we did in 19 and didn't announce one of which actually the other three, which we're about to announce, I would say within the next two or three quarters.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Um, and so that's, that's an exciting time, but it's, uh, it's about 70 million cumulatively.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

And because we did rolling raises, I can't give you the specific time of what came in, unless I opened up a bunch of files and tell you what came in and what point at what point in the year.

SaaS Interviews with CEOs, Startups, Founders
Events.com Should Have Been Hopin, Can They Acquire Their Way Back To Top?

Yeah, so what I'd prefer to do, rather than discussing valuations only because we are in the middle of closing that last round, and I'd want to get clearance first before sharing that.