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Rima Al-Sheikh

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So we built like a 300 engineers network.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

And we built an algorithm that can build teams for the task at hand for releases.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So that was a cool one, actually.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

We made about a million dollars of revenue in the first year of operation.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So that's one of the valuations.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

Was it in 2017?

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So like we first, you know, first there was like pre-launch activities, obviously.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So preparations.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

And then as soon as we launched, we got to like the million dollars in revenue by the end of the year.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So say like...

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

Correct.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

Yeah.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

It was getting optimized over time though.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So like it would go, you know, it would start at like 70% and then goes down to like 60%, but eventually we were reinvesting everything, making back in the business.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So Mocus happened at a time when, so I'm a Syrian founder, so I come from Syria and it happened at a time when the Syrian war was at its peak and I had to change country.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

Lucky for me, Mocus, I built it when, you know, without venture backing.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So I built it all by myself.

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

So I didn't have to, you know,

SaaS Interviews with CEOs, Startups, Founders
She Fled the Syrian War Then Raised $1m, Fraud AI Tool now Worth $10m

deal with complexities of closing down shop.