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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And so this is our growth track.
I just went to last year's revenues, which was 2.9 million.
Our goal this year is just over 4 million, and we're just a little bit behind that target.
But, you know, we're having really steady growth.
We're bootstrapped.
I did go to...
A friend of mine, and I didn't, again, I knew nothing about SAF.
So I go to this private equity guy who's a friend and I think, well, you invest in companies, you've got to be able to help me.
So I go to him and I'm like, well, I'll give you 10% of the company for nothing.
Now, it turns out he knew nothing about SaaS, right?
He just invested in a lot of different kind of companies and billionaire.
And he's like, well, I'll give you $300,000 for 20%, which is a lot of equity, but I'm like, I'm clueless and I need somebody to guide me through some of this.
So I'm like, okay.
Now, I will tell you in a little bit how I got a million dollars for zero equity shortly, which was one of the important things for us.
But sometimes ignorance is bliss.
Anyway, some of this worked out.
But I gave them that.
They provided no value.
But they're still good friends.
So anyway, we just started building.
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