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Osman Rashid

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

But we find the biggest success comes in when the company has recognized themselves that this is an area where they need to improve on.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And their CEO is behind it.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

The board is behind it.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And that's when they really go after it.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

We have raised some capital, but I'm still- Oh, come on.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

But I am one of the largest shareholders myself.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

As well as I'm one of the largest investors in the company myself.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So we're roughly at $9 million.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

Okay.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

It's mostly, it's gone into product.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

It's been building a product that we can be really proud of.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And frankly, we don't really even have, you know...

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

anyone in full-time marketing, we have so much, we have customers coming in.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So we really focus on delivering on the product and the customer use cases.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And then based on that, we deliver to a vertical, our product that we think makes sense.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And this allows us to keep our costs down because we are in for the long term.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

Because one of the challenges you have in Silicon Valley that, you know, they can be shooting stars where companies, you know, grow really fast.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

They raise a lot of money, their burn goes up.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And then with the smallest hiccup, they become weak in the knees.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So we want to avoid that.