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Rob Faro

๐Ÿ‘ค Speaker
213 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So we rarely look into the accounts unless there's an issue.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

And one of our clients also looked in and we realized the clients they had were like, wow, is it okay if we share that?

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

They're like, yeah, that's fine.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

But it was amazing.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Can't share publicly.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

I can share it around the office.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Oh, we've got, oh gosh, between about 8,000 and 10,000 total on the system right now.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Okay, that's great.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

It ebb and flows.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So there's businesses and then there's customers.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Businesses can represent several customers.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Planners are sometimes...

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

have multiple planners work organization.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So we've got all kinds of different levels of customers.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

So our churn is, is incredibly low.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Uh, we manage it by creating a very sticky product.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Obviously that's the ultimate goal.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

How low?

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

For a little over 4% right now.

SaaS Interviews with CEOs, Startups, Founders
1606 The Right Way To Use Venture Debt to Hit $320k in MRR

Annually.