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Raul Arora

๐Ÿ‘ค Speaker
182 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

That's my mindset.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

But yeah, to be honest, I like to be fair there.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

There'll be more people joining in for sure on the captive.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

Yeah, all the employees have ESOPs.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

So they do have, indirectly, they do have a part of the company.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

10%.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

10%.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

Oh, no.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

So the founders equity was inclusive of ESOPs actually.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

But if I not include the ESOPs, it would be 78.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

Because ESOPs constitute 10%.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

Um, close to whatever we raised.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

Uh, it's, it's almost that much amount only because, uh, we, we almost made no sense at all.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

It is, uh, it is close to a hundred K or more than a hundred K. I would say, I tell you, I give you the runway.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

We're burning about, um,

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

Every time you ask me this question, I have to convert it in dollars.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

So I just take a quick step back.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

But we are burning about $5,500 a month right now.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

But it will go to $6,500.

SaaS Interviews with CEOs, Startups, Founders
Developer Recruiting SaaS Breaks $7k MRR in 6 Months, $6m Raise Next?

We are looking to raise around north of $6 million in the coming days, I would say.