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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 so we manage that money, and we get a carried interest and management fee from the investors.

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

I guess about $250,000.

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

Yeah.

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

So the first year that we were sort of first year and we were operating, right.

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

We were not taking a transaction fee.

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

So it was only sort of 2015, late 2015 and early 2016 when we turned that on before we've now shifted over.

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

So we had quite a bit of time that we were operating without

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

taking any transaction fees, hence the revenue discrepancy.

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

Oh, geez.

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

Well, that's a tough one to go because, you know, it's not like AngelList where somebody's putting together a $150,000 deal.

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

Often opportunities on our platform are, you know, $5 million deals.

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

So really there's a deal timeline.

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

And so they can run six or seven months.

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

Maybe four or five.

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

And so we're basically starting to accumulate investor interest.

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

And so we're probably seeing

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

um, investor interest from, you know, a couple hundred thousand to like, you know, a million dollars in the sort of any given month, uh, for, for companies on the platform.

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

Um, so it's, it's actually, so we have 21 on the platform.

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

14 is 14.