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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!

Um, and so we got a new deal from Salesforce and we literally went from $0 in sales and Salesforce today.

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

We're about 18 million annually with ARR.

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

Um, and so from zero to 18, without raising a dime, um, it's been, and we're growing at a healthy block right now.

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

What's healthy.

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

Would you say, well, our goal is the rule for rule 40.

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

So we either have to have 10% EBITDA and 30% growth, or we need to have 40% growth.

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

I'd say we're rule of 36 right now.

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

We have a little EBITDA loss.

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

It's a SaaS business.

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

So there's not lots of nice positive cashflow, but from an EBITDA standpoint,

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

Um, you know, you're talking about three, 4% EBITDA and then 33, 34% growth in the actual, uh, revenue of the business.

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

And it's the revenue retention from the existing customers, uh, running at about 105%.

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

that's really driving the business.

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

We are servicing an industry that's very hot right now, which is the staffing industry.

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

Um, and they're growing.

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

And so when they grow, they're buying more seats from us.

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

Uh, you're probably looking at about, uh, on a, on a monthly basis.