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Mohamed Younis

๐Ÿ‘ค Speaker
161 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

But historically speaking, it has been anywhere from 140% to 150% revenue reduction.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

That's historical numbers.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

We'll see what will happen in 2021, but that's exactly what happened.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

Okay, let's talk money.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

Uh, so, uh, yep.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

I think we all have seen, uh, valuations for, for visible, et cetera.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

But, uh, you know, again, we, we have seen anywhere from 10 times to 20 times revenue.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

So minimum 10 times all the way up to 20 times of our revenue is what we have seen so far.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

Yeah.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

Yeah.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

Roughly around 500 plus.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

Yep.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

I think for us, it's less about the money.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

It's really about finding the right partner.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

You know, we are here for the long term.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

So we are not a company who is just an afterthought of COVID.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

We feel that, we always knew that, you know, there would come a time that similar to any company, they have Microsoft Teams, they have Zoom, et cetera.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

There would come a time where every company will need a virtual event license.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

So we are here for the long term.

SaaS Interviews with CEOs, Startups, Founders
vFairs Breaks $30m ARR bootstrapped, turns down $500m Offer

I think at this point,