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Seymour Arasalov

๐Ÿ‘ค Speaker
333 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

We keep it clean.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

How much do the two co-founders own?

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Each co-founder owns 40%.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

And then we have 40%.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

And then how much does 500 Startups own?

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

500 Startups, it's a safe note.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

They have about 6% and Techstars is 7%.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

They are safe notes for now.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Got it.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

So 80% plus 6% plus 7%, where's the other 5% of the business?

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

They are unallocated pool of shares for the future employees.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

So we keep it for the employees.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Really, really smart.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Interesting.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Okay.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

So what are you seeing in the market?

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Do you think you're going to raise one out of 10 per week?

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

It's a very busy space, Nathan.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

Honestly speaking, it's a red ocean.

SaaS Interviews with CEOs, Startups, Founders
Customer Support SaaS Hits $60k MRR Using On Prem Installations, Raising $1m at $10m Valuation

But at the same time, customer from New York got acquired by Facebook for $1 billion.