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Puroon Shahada

๐Ÿ‘ค Speaker
262 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

Hello, everybody.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

Yeah, I'm going to actually walk you through, you know, what I would say probably the most unusual story here.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

We are all about bootstrapping.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

And I saw how many hands went up.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

I'm going to walk you through going from bootstrapping to really getting to, you know, exits along the way, multiple bites of the apple, if you will.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

and still actually sort of maintaining, you know, the chance to make the dent that you're after.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

So Puroon Chara, Puroon rhymes with maroon.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

You'll remember my name now.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

We are in the board meeting business, a board meeting management business.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

Over the next 20 minutes, I'm going to actually walk you through

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

You know, how we got started, you know, first product, really good success with that.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

And then, you know, went on to really kind of just monetize that through, you know, first actually really took on debt to continue to bootstrap till we got to $15 million in ARR.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

Along the way, I had to clean up the cap table.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

There were some non-performing, you know, co-founders, if you will, that had to be, you know, managed.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

And that took a while, but at that point I was able to take on some private equity money to accelerate the growth.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

And that proved the growth model.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

And then last year we took a bigger check from a second private equity transaction.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

Since then, we've actually gone on to do inorganic transactions and acquisitions.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

It's a big focus as well.

SaaS Interviews with CEOs, Startups, Founders
Founder First PE Playbook: Growing from $24m Revenue Bootstrapper to $400m PE Valuation

So I'm going to walk you through this.

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