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Nikos Moraitakis

๐Ÿ‘ค Speaker
291 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

We, we raised another 50 million last summer.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Okay.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

We still have a long way to go with that.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Actually, to be honest with you, we raised quite a bit for how much we're ready.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Compared to how much we're burning.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

I mean, we have a long runway even after a year following the fund raise.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Nearly three years of burn, actually.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

We got the right investors.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

We have a long term plan.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

I think also right now the markets are pretty good for raising money.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

So if you get a good deal, you just pick up the extra money.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

So, so far in all the rounds, we ended up picking up a little bit more than we needed and we needed it.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

No, I think I'm not the only one who will say this.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Quite a bit less right now.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Actually, at the end of the day, we're earning less than a million a year.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

We have the ability to use additional money to do acquisitions, to invest in R&D in the next couple of years.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

There's a lot of new stuff within.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

Right now, we're very interested in the recruiting marketing space and what's happening with job sites that deviate from traditional job sites and create communities and have richer audiences in terms of the data they intend to

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

and where you can help people actually source better candidates.

SaaS Interviews with CEOs, Startups, Founders
Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"

There are a lot of local ones.