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Richard Rabins

๐Ÿ‘ค Speaker
160 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

Okay, so in a nutshell, we're really very focused on the mobile business market.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

I can broaden that, mobile and web development.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

But in particular, if you think about enterprises or corporations, 60% of workers worldwide work standing up.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

not at desks.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

And these are people in field service.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

They could be nurses.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

It could be restaurant workers, manufacturing, quality control, workers who work for cities and towns, et cetera.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

And until recently, the whole computing wave that started with mainframes all the way up to the web didn't really impact them.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

They still kept using...

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

Notepads and forms primarily to record the work that they had done.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

And obviously, the cell phones had come up roughly 10 years ago and had a huge impact on consumers, but hadn't really penetrated a significant way into business.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

Correct.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

Well, we actually had built the original Alpha up to a pretty sizable company in the late 90s.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

We sold the company.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

We were roughly about 25 million, we had about 150 people, we sold it to a public company.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

And then I ended up actually becoming CEO of the company that we sold it to.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

And then after a number of years, as we saw the emergence of mobile,

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

We actually bought the core business back from the public company.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

And so we could really focus on what was happening in Melbourne.

SaaS Interviews with CEOs, Startups, Founders
1266 How To Spin a Business Out of a Public Company

Well, it's actually pretty straightforward.

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