Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Scott Hansbury

๐Ÿ‘ค Speaker
134 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

It was actually...

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

not quite the decision that you would normally take to get from uh you know going from a corporate larger companies to the startup world mine actually was more family related um my dad and mom live in arizona i was working at sun in california and i got the dreaded call and my dad was quite sick so i actually resigned that day

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

moved to Arizona to take care of them and get into the startup world.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

That's what drew me to the startup world.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And what year was that?

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

Okay, there's been a few.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

I think the very first one, I was working with a company called High Ground Systems in Boston.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And I was commuting from Phoenix area to Boston for that, working in the corporate development area as a vice president of corporate development.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And that company was doing quite well, was starting to develop a technology that now today is pretty widespread known as virtualization.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

to help enterprises manage their storage systems.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And we were able to build that up.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

We went through, you know, going into our mezzanine round of funding.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

Yeah, yeah, sure.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

We had gone through an A round, a B round, a C round, so multiple rounds of funding.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And we were looking at this as our kind of our final round and then actually looking at IPOing the company.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

But during that phase of fundraising and getting ready for an IPO, we were able to garner multiple offers to acquire the company.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And we ended up accepting an offer from Sun Microsystems for $400 million.

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

And what was revenue?

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

What have you grown revenue to before you sold?

SaaS Interviews with CEOs, Startups, Founders
How to Bet On Poker Players and Make Money with Scott Hansbury of YouStake EP 206

The revenue at that time was right around $15 million.

โ† Previous Page 1 of 7 Next โ†’