Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Prasanna

๐Ÿ‘ค Speaker
391 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

The things that we're good at in India are we have a lot of developers.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

There are probably a million or more developers just in Bangalore.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

So if I throw a stone outside, I'm more likely to hit a software developer than a crow.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

And we know English, so we can make software for folks who are speaking English.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

And I think the last word in SaaS is service.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

And so if anybody wants to implement a SaaS product, if they're mid-market or an enterprise customer, they need integrations, they need migrations, they need training, they need data transformation, all of that stuff.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

And most of that stuff, you can't just do it off the shelf.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

There has to be somebody who looks at your data, how that data has to look in the system and figure out how to get it there.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

So when you put all these things together, I think, and the water, it all starts working.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

So we worked with about 40 startups.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

And I think we did a total of 47 or 48 checks.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

Wow.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

Right.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

So the 100K is NDVC.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

Sure, sure.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

Right.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

Yeah, yeah.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

So what we want is for founders to be in control of their destiny.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

So we want to make sure that we're able to work with founders, not only founders who are expecting to get a hyperscale kind of an outcome, but we also want to be working with founders who want to be founders forever.

SaaS Interviews with CEOs, Startups, Founders
The YC of India Writes 47 Checks at $100k each for 5%, $2.5m Valuation

or who want to take a strategic exit, right?