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Ted Elliott

๐Ÿ‘ค Speaker
534 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

But he started a couple of different companies and was an M&A advisor.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

As a mentor and as a partner in the business I've started, it's been really helpful.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And also, he's been a very easy source of capital to work with.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

He's been an extremely difficult source of capital to work with, but it's been extremely easy to get him to give me the money.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

So in 2007, we had been trying to implement Microsoft CRM as our tool to run our legacy business that was servicing hospitals.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And we were starting to get our butts kicked by Insight Capital.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

They had just bought one of our competitors called Healthcare Source.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And we were on a bookstore on 3rd Street down in Soma.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And my dad picked up a copy of a book called Blue Ocean Strategy.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

Have you guys ever read it?

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

Well, he bought 10 copies.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

He brought it back to the office and he forced us to all read it.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And he said, we're dead.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

If we keep doing what we're doing, we need to come up with a blue ocean strategy.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And the guy named Mark DeRocher, who now runs platform sales for Salesforce for their platform product worked for me at the time.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And he said, well, why don't we try and build a recruitment system on Salesforce?

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

And I said, well, they don't offer, you know, they're a CRM.

SaaS Interviews with CEOs, Startups, Founders
1043 HR Tech CEO: I accidently raised $3m!

They came out with a product called Multiforce, which is really the precursor to what they do today.