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Sheri Atwood

๐Ÿ‘ค Speaker
178 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Globally, there's 300 million parents

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

that are exchanging over $900 billion.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So today we're making money off of that subscription service.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Obviously in the future, we're gonna be making money off transactions and transaction volume as well.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So the question that you always have is, you go after revenue, yes, but then if your first mover advantage, first to market,

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

How do you capitalize on that and get people in?

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Because once, as I've shown from the churn rate, once they're in, they're in, we're locked in, we have their data, they're going to come back to us because they can't go anywhere else for it.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

That's correct.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

That's today.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So in the beginning, it was focusing on just getting the market and getting out there before there was any other competitors.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

And then in March of last year, March and April, that's when kind of the whole fundraising picture changed.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

And at that point in time, then it was all about revenue.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

And so we had to quickly change our go-to-market strategy as well as our development and really focus on revenue.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

I wasn't focused on revenue at the time.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

I was just focused on getting active, happy users and a product that people wanted to use and tell people about.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

2016 revenue.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

So that was an interesting one.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

I actually walked in to talk to Salesforce, and what people don't realize is beyond the users or the consumers, you and I as taxpayers, we spend $6 billion every year to build and maintain child support systems in the U.S.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

alone.

SaaS Interviews with CEOs, Startups, Founders
714: You Won't Believe What This Divorced Mom Raised $7 Million For

Every state has their own system.