Robert Frederick
👤 Speaker
158
total appearances
Appearances Over Time
Podcast Appearances
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
And the new, the new idea.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Yeah, exactly.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Did you shut down the old company or it's the same?
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Yeah, it's, it's pretty much every, all the employees, everyone moved over into the new entity.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Clean cap table.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Clean cap table.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Okay, good.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
So, so shut it.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Very important.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Very important.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
$9 million at a 20 pre, so about $30 million is the valuation of the company.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
When was the nine round?
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Nine closed in 2016.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Yeah, got it.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
No, I, yes.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
So basically it was a convertible notes.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
and the convertible notes turned into the Series A round, if that makes sense.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
It does, it does, yeah, they converted.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
We are both a, well I have to be careful on that, so we are a very attractive company, to put it that way.
SaaS Interviews with CEOs, Startups, Founders
1305 He Built AWS, Now Raised $9m at $30m Post for IoT Solution, $300k MRR
Well, all I have to do is smile just like you do, right?