Patrick Shaw

speaker

464 appearances 2 recordings 1 series first heard Dec 2018 last heard Oct 2022

Patrick Shaw’s voice in public audio — every appearance, attributed to the second.

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You know, we have a few different models.

It's, um, you know, ultimately it's going to range, you know, we're dealing with a lot of big companies.

So, so our largest is about 16,000 users, you know, and they're paying a few dollars a user.

Right.

And if it's a small company, um, of 10 employees and it's a business that might pay around 300 bucks a month.

I know you have outliers, but small company with 15 employees.

Yeah.

Um, we were, we were locked in with one company.

So we started selling about seven months ago and we've been in existence almost three years.

Well, we had one company that was footing the bill.

I was independent with this insurance group, so I used it myself.

And then the company came to me and basically said, hey, we'd like to buy the intellectual rights.

I said, no, you know, I'm not into that, but I'll consult you and you can build it.

And I wanted them to succeed.

I wanted them, you know, because honestly, I mean, I've always been an entrepreneur.

This was a big project.

And I thought, well, you got the money, you got the means, you do it.

And they spent close to a million dollars and it was an utter disaster.

And so then I went back to the drawing board, you know, and I'm like, well, this is bigger than I thought.

We had one round of private equity.

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