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Victor Levitin

๐Ÿ‘ค Speaker
178 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

So he reserves cash for us.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

and we are going to raise because we can, because we can use the cash to accelerate the growth, not because we need it at the moment.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

We're looking to raise 3 million at a 13 million valuation prep.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Yes, absolutely.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Not only that, my confidence starts and ends from the team.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

We've built a killer team.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

I think we broke some kind of a record.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

We've just onboarded three VPs in a duration of one month.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Three like world-class VPs.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Well, the way we look at it, everything we've achieved so far was in a, let's call it a market in stagnation, a very small market being eBay.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

And now that we expand the product beyond eBay to the $8 billion e-commerce tech space beyond eBay, and we've just increased our team, we are highly confident in our ability to grow fast.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Overall churn is 4% a month.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

And when we segment it, we see that

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Well, currently we serve both very small-time entrepreneurs as well as SMBs.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

And when we look at businesses who use us, and we define businesses, customers who pay us an amount of $45 a month.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

These guys, they churn at less than 2% a month.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

It's in users, and that's 4% churn per month.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Again, it's users and what do you mean by net?

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

No, so it's not net.

SaaS Interviews with CEOs, Startups, Founders
1236 He's Currently Raising $3m on $13m Pre, Will He Get The Valuation He Wants?

Well, it's very obvious for us.