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Prune Shada

๐Ÿ‘ค Speaker
236 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

With all of this, the focus had become meetings, whether it's boards or committees or commissions and such.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

And the intranet product really kind of looked a little off center.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

So we actually got it to the right spot.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

There's a company called N Contracts that actually, you know, was doing a roll up on various employee collaboration tools.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

And that's where that team and that customer base is now gone.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

No, I think we sold in November.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

It was a good time, actually.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

It was certainly, you know, it was eight figures.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

It was actually a good transaction.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

Ensemble had, you know, I don't know if I should disclose the revenue, but it was actually the range was less than 10 million.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

Yeah, I'm still actually bound by that contract.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

I can't disclose the exact revenue figure.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

No, no, no.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

Ensemble was much less.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

Ensemble was, you know, about, I would say 25, 20, 25% of our revenue.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

And when we swapped out Ensemble for eScribe, we are actually, you know, further ahead.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

So we, you know, revenue run rate basis that was, you know, sort of neutral to actually favorable.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

What we now have is it's like trading a player who done really well was not fitting well for a superstar that we can actually all get behind and build a championship team.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

That's how I started marketing it to my board.

SaaS Interviews with CEOs, Startups, Founders
How He Did $100m Secondary but also raised cash to buy a $5m+ ARR Competitor

It was not $100 million secondary.