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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

And that sort of takes us from a pure marketplace model to more of an online asset management model.

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

Total revenue is probably about $100,000.

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

Okay.

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

$100K.

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

We have venture funding.

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

We were backed by 500 startups, went through their accelerator.

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

So we have about $1.8 million in funding.

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

I think it was... Oh, geez.

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

I think it was 100 or 125.

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

And then

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

They're basically have an option or may exercise sort of a bit of an option to invest once you come out of the accelerator at the terms, at the sort of the market terms.

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

We founded it in 2000, late 2013, just really following some of the new rules of the jobs act.

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

Year one revenue is absolutely zero.

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

And the reason being we were, we were working as a pure marketplace model, which more of a,

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

listing service, you basically need to be working with a broker dealer.

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

You need FINRA licenses, a lot of regulatory overhead to basically take compensation.

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

And so we sort of said, look, we just need to know that the model works in our first year, that we can attract a community of investors and opportunities.

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

So the first year was sort of very much pro bono.

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

as far as bringing on those companies to the platform.

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

Jeez, yeah.