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

Sieva Kozinsky

๐Ÿ‘ค Speaker
151 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

It took off really quickly at those three schools, and we decided to put the other business on hold and to really double down and focus on this.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Year one revenue was pretty embarrassing.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

I think it was maybe $40,000, $45,000.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Hey, not horrible.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

I'm not sure what the total is, but we have over 5000 monthly subscribers that participate in our marketplace.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Those are active ones for the last 30 day period, essentially.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

We have almost a thousand elite note takers nationwide that are making money on our platform.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Making money is as soon as you make a sale on our platform, we consider it a dollar.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

You can make us is $25.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

So it starts there.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

We're seed funded by a few different venture funds and angels, including 500 Startups, 1776, and a few awesome angels out there as well.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

So we haven't disclosed that yet.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Oh, come on.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

How much?

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Definitely.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

I'm seeing people raise up to three, four, even five million with convertible notes, which is pretty wild.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

We, with the friends and family round we did, we started with a convertible note with the interest and then we actually moved to a safe when we started raising more conventional venture money.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

We have three engineers, three senior software engineers, which includes my CTO, head of design, head of operations, head of customer success, and then some support team members as well.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

So a few of us are based in San Francisco, but most of the team is actually distributed and remote.