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Oren Zaslansky

๐Ÿ‘ค Speaker
299 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

How much headcount?

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

Almost 350, 340 employees.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

We're going to be 700, 800 by this time next year.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

That's just complicated from an organizational structure and leadership standpoint.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

That's really where my time is going.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

But my number of shares doesn't change.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

But if I can take the share price to 100,

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

If I can take it to 150, going into an IPO, that is a lot of money.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

I mean, it's already a lot of money now.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

That is a lot of money.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

So for the founders out there, you're going to make yourself crazy going from 100% of a pie or two co-founders, 50-50, however you split it up.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

Yeah, that number goes down.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

And for most founders, it ends up in the single digits.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

I am not yet in the single digits.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

I'm a double-digit guy, but to be fair, I was mostly a sole founder.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

I have some co-founders that are advisors.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

They're not operators.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

So they started with single digits pre-dilution, and I had basically the whole cap table.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

But number of shares by the price per share, and then get it liquid.

SaaS Interviews with CEOs, Startups, Founders
FlockFreight Triples Revenue to $300m Last 10 Months, Raises $215m at $1.3b Post

Good investors want to be helpful and they know they're not us.