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Pavan Boob

๐Ÿ‘ค Speaker
136 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

I'm ready, man.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

All right, let's do this.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

Okay, so Fuel Panda is a weekly gas refueling service.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

So we show up to your house or your office, wherever your car is parked, every week and refuel gas in your car so that you're not stepping into the gas station again.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

And we're making money by charging a subscription fee or a service fee as well as some margin on the gas.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

Yes, it's a SaaS business.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

It's a monthly recurring product for the user, but there's a lot of software on the logistics side.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

Yeah, so we just started in January, and we're part of the current 500 Startups batch.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

So in the last few months, we are working with more than 100 customers, and we're doing around 70 to 80 refuels every week.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

And then so far, we've done โ€“ so we're just getting ready for fundraising as part of the 500 โ€“

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

demo day.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

So I'll give you some high level metrics.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

You know, we've done more than 20 to 21,000 gallons of fuel.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

We're getting close to 1000 refueled so far in last few months.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

We made more than $10,000.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

We made close to $15,000.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

Yes, it was a completely self-funded bootstrap startup.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

And as I said, we recently got selected for the 500 startups batch 17.

SaaS Interviews with CEOs, Startups, Founders
EP 349: He's Really Smart So Why'd He Quit for Startup?

So that was our first investment.

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