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Rob Leclerc

๐Ÿ‘ค Speaker
139 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

So we started off with as a sort of a pure marketplace model.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

Obviously, you when you're working in this sort of finance sphere, you're under a lot of different restrictions.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

regulatory regimes.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

So we started in a pure marketplace model.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

We were working with a FINRA broker dealer.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

So we were taking a transaction fee.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

And basically the idea is... Is this your model now?

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

So we're actually in the process of shifting over.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

And what you see is this is sort of the case with all

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

basically online financial marketplaces.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

They start off as pure marketplace and then effectively move over to be more of an asset manager or online venture capital firm or private equity firm or online kind of lender.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

So what we're doing now is we've, for instance, in the first quarter of this year, we had revenues of about $150,000.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

Here in 2016.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

Sorry, 2016, yes.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

And now we're sort of in the process of our pivot.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

So

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

We're basically raising a capital fund, a $20 million capital fund.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

We will be then investing in all of the companies on the platform.

SaaS Interviews with CEOs, Startups, Founders
EP 450: 14 Ag Companies Raise $32M Using AgFunder.com with CEO Rob Leclerc

And then effectively, we invite now investors to co-invest alongside of us.