Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Oli Gardner

๐Ÿ‘ค Speaker
162 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

You know, sleeping in someone's apartment, all that kind of stuff.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

But, you know, I like risk, so we all just said, let's do this.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

It was a friends and family round initially, so some of the people who had a little bit of money threw in.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

I think it was a total of 50 grand Canadian between the people that contributed.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

Then a little bit after that, we had some angel, a total of like 180, I think.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

And then two years in, a small seed round.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

So we've raised less than a million Canadian.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

Everybody was equal to start with.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

We all had a bigger company, but then it got shifted in terms of everyone worked the same.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

Obviously, some people work longer hours than others, but there was no one working less time.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

It was all full-time.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

And so we split evenly, but then adjusted for, you know, obviously anyone put money in earned, you know, they had more shares than the rest of us.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

And then some of us had to take a small salary.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

So they got sweat equity while we were doing that.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

And Rick, the CEO got a bit extra because it was his idea.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

Got it.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

Totally even.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

We've, you know, figured out some kind of rough valuation.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

It was pro-total horseshit.

SaaS Interviews with CEOs, Startups, Founders
661: How Unbounce Hit $12M/Year In Revenue, 14k Customers, Very Little $$ Raised with Co-Founder Oli Gardner

Yeah, we had some pretty good financial advice and lawyers and all that kind of thing along the way.