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Tom Gibby

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It was kind of like a friends and family and maybe some small local investment companies that were involved.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So I think that at the moment, if I brought up the cap table, would probably be maybe 10%-ish or maybe a bit less.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Yeah, but some of that 10% for employees isn't allocated yet.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So that then means that when we're bringing on future hires, for example, that there's still a portion in there that we can assign to them.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

16.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Five.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Yes.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

So we have three sales reps and we're hiring at the moment.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

That would probably be a question more for my head of sales.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It depends on, yeah, it depends on the number of things and the role we're bringing them in for really.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Our monthly churn at the moment is 2.9%.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

I think that's pretty good.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

I think it was in the benchmark.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

A good benchmark is 3% to 5% a month, maybe.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Yes.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It's 118% is what our... Where is that?

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

Yes.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

It's probably usage-based.

SaaS Interviews with CEOs, Startups, Founders
Bot Building SaaS Hits $1.2m ARR With Just $300k Raised

A company might get in touch with, say, maybe 50,000 employees, and we might go in at the beginning with a certain pricing model.