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Patrick Shaw

๐Ÿ‘ค Speaker
464 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

And there's all kind of rating in there, um, ratings in there.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

Um, of course we have, you know, rapid vision when you don't have offices to pay for and all that, there's a lot you can do around those retreats.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

And most of like, you know, COVID messed a lot of that up, but otherwise we'd be in the Philippines once or twice a year in India and doing really fun stuff where 60% of it is culture building, you know, um,

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

invest in hiring better I learned something incredible from Andre and I do these group meetings now and there's a link in there that shows one of the recordings but Andre who's just on the other stage it was it was awesome and then there's a there's a doc in there about you know how we go about this interviewing process and I do do the last interview of every single employee and I can't imagine not doing that at least for a while

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

Raising Capital, I'll just tell you, I have one minute.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

So Raising Capital is, I went back to the group and I basically told my friend Tom, I'm like, look,

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

your valuation's about $6 million.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

And I said it very politely and thoughtfully and all that, but y'all haven't done squat for this group.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

Y'all haven't done squat, $6 million.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

If you invest a million dollars, I'm not going to give you any equity.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

Then here's how we're going to grow the company.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

He's like, Patrick, that's not how private equity works.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

And I was like, yeah, nobody offers you 10% for nothing either.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

Like nobody does that in private equity either.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

Right.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

And I made a really compelling argument, put a whole slide deck together, and they literally gave us a million dollars.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

It's sitting in the bank and we're using it to obviously to grow the company, which is cool.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

And I think it has a lot to do with the culture.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

So I put the actual addendum in there and all that kind of stuff.

SaaS Interviews with CEOs, Startups, Founders
Building Culture, Processes and Accountablity as Remote Team.

which is a pretty unique thing you probably won't hear.