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Thomas Kedar

๐Ÿ‘ค Speaker
185 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

No, no.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

I mean, valuation would be like, of course, you know, we would dilute the same amounts before.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

So standard dilution, you know, between 15% and 20%.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yeah, yeah.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

What to see on the market today is quite insane.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Valuations are multiplies of the 40 to 80.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

We see 80 and we'll see where we end up, but I'm quite optimistic.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

So I hope for the best.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yeah, we would like to open some more offices in one hand.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Of course, you are mainly increasing the number of teammates in our headquarter, which is in Budapest, Hungary.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

That's where we keep the whole R&D and product development.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

So we would like to add almost 100 new engineers.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

The team right now is 140 people there.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

How many engineers?

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

About 70 currently.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

70.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

All of them.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

Yeah, we have about 10 BDMs and we have the same amount of SDRs.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

So we got 20.

SaaS Interviews with CEOs, Startups, Founders
Popular Identity Verification Tool Raising $60m on $400m Now with $10m in Revenue

And we got, of course, BDRs too, but they don't have a quota really.