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Olin Hyde

๐Ÿ‘ค Speaker
170 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

Well, that's just not true.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

Uber is very predictable because it's got the law of large numbers working in its favor.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

We're predictable because we can tell what kind of results we're giving to our customers.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

We get feedback from the customers throughout the entire campaign process, so we have opportunities to change it.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

We have a customer success function, which is really what our company is built around, is ensuring that our customers are successful.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

When did you launch the company?

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

The company was launched in August of 2013, but the product that we're talking about, Lead Crunch, didn't come to market as it is now until September 2016.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

So we've been in market around 10 months now.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

Oh, lead crunch.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

So you're talking post-pivots or pre-pivots?

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

It's all lead crime.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

So 2016, our trailing 12 months revenue right now is around a million dollars.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

Okay, got it.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

200,000 in bookings.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

Oh, 200,000.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

Okay, great.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

So, we launched in September.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

So, it's called our zero month.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

And we've grown at a compound monthly rate of 37%.

SaaS Interviews with CEOs, Startups, Founders
799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap

We were 203,000 in bookings in June.