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Spencer Coon

๐Ÿ‘ค Speaker
193 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

And yeah, I mean, for me, it was kind of an obvious decision.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

Like I was already in South America, single, young, you know, had a great idea with a guy that I saw as like a really trustworthy and, you know, again, complimentary skill set sort of partner with him having studied tech and being from Latin America, me having studied finance and business and being from the U.S.,

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

And yeah, it really made sense for me to go for it.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

So I went kind of full steam ahead.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

So we raised a couple seed rounds from angel investors in both the United States and in South America.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

Being based in Latin America, it's a little bit tougher to access U.S.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

VC money.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

VC funds typically like to be able to

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

you know, meet with you in person, you know, like see kind of like your core operations and client base being in their same geography.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

It's just, you can definitely do it, but it's, it's definitely tough for a nearly different geography.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

And, um, you know, just kind of through the context that we both had and pitching the idea to some angel investors, we were able to raise two, two rounds of around 500 K a piece over the last three years, but both on price, just convertible, convertible notes.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

Uh, no, actually both were, were priced.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

But actually we're talking right now to a few VCs here in Spain and we are planning on raising a 1 million Euro, um, you know, sort of series a type type size round for, for Europe, um, in the next three to six months.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

Yeah, let's just say the range is in five to eight would be ideal, but we'll see.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

So we had over 10,000 companies that signed up, and we had 35,000 active users.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

So quite a bit, given that, and I'm just talking about Hibox now.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

I think it's gonna be too much just to talk about JoinQ metrics and Hibox metrics.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

So I've always had Hibox.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

It's our main focus right now.

SaaS Interviews with CEOs, Startups, Founders
803: SaaS: Email He Used To Get From $0 to $10k MRR

Both are good products that we are focused on, but Hivox is sort of the product that's got a bit more global focus.