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Ry Walker

๐Ÿ‘ค Speaker
539 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

Uh, we were, so there's a new, new idea called the post seed round.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

I don't know if you've heard that concept, uh, it talks bullpen capital, uh, sort of uses that lingo, but, um, basically we were doing a three to $5 million, um, round that is not a seed extension around.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

It's a, it's a, it's an up round.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

It's, um, it's a, it's more money than we raised initially.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

And, uh, it's, it's a, it's, it's essentially the old a, you know, you'll raise three million.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

Three to five.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

That's a great question.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

Whatever we can get it at, to be honest, it's, you know, the great advice, you know, is think about your share price instead of your percent ownership.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

And, you know, if we can get this round done, our share price, the value of our equity rises and the odds of us living goes up.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

But

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

At this point, A's are tough still, so we don't really want to bump our valuation up too much.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

So we're going to just listen to what the offers are and not be too greedy on that.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

So we have some headroom for the next round.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

I mean, we're pumped about building a big company.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

I'm personally pretty generous with equity, and I always have been with my companies.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

So, yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

If you're going to be generous, you're giving up a bunch.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

But at the same time, you have a bunch of co-owners with you.

SaaS Interviews with CEOs, Startups, Founders
EP 618: Astronomer.io 2 Yrs Old, Hits $60K MRR, $2m Raised Helping Companies Makes Sense of Data with CEO Ry Walker

So it's you know, I think it's worthwhile.