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Robin Salux

๐Ÿ‘ค Speaker
150 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Yeah, well, I think it's something like from 5% to 15%, depending on how big is the farm.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Well, the annual churn is below 10%.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Yeah, they're paying us.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

We basically increased our prices, I think 50%.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

The first business, yeah, I still go to shareholder meeting once a month.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

How much equity do you own?

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

I think, well, from the first business I built, maybe 20-25% or something like this.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

What was that business?

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Well, it's doing, well, basically half of the stone and six-year-old children go to our science class every day, every week.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

So it's virtual learning?

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Right now it's virtual.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

It used to be physical, so they went over there, but then there was virtual infrastructure.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

They had games and videos and so on.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

But it was a really cool high school project that we started, and it's good to see that it's still going on.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

It gave me understanding that if you have something that you want to change in the world, then building business is one of the best ways to do it.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

That's right.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Robin, what's your team size today on the new business?

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

40.

SaaS Interviews with CEOs, Startups, Founders
Raising $10m on $50m Valuation, 1500 Farmers Pay $2m/yr For This SaaS

Well, basically we have five people in management and the rest of the people are either sales, account management, customer support.