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Zach Supalla

๐Ÿ‘ค Speaker
220 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

So very quickly it turns into thousands of dollars.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

The average house has like 50 light bulbs in it.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

So, um, so people said, yeah, it's too expensive and it's interesting and cool, but it's just not worth the money.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

Um, and so looking back on it,

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

I think it was a successful experiment in that we tried something.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

We didn't spend a ton of money to get there.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

I think we probably spent like 15 grand to get from idea to launch Kickstarter campaign.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

And then we probably spent another 20 grand to get from there to the second Kickstarter campaign.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

So we're definitely advocates of the lean startup mentality.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

And that's exactly what we did.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

Small experiments, failed fast, pivoted, found something new, identified a new opportunity and really pursued it hard.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

Yeah, those shipped in December 2013 and January 2014.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

2013, well, really, it was only the Kickstarter campaign.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

So you're looking at it.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

So, you know, basically we've been on a like 100 percent year over year growth from then to now.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

Oh, sorry.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

Let me redo that math.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

So it's double every year, not 10 times.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

Sorry, no, rewind.

SaaS Interviews with CEOs, Startups, Founders
EP 590 :Particle.io Raises $14M, Passes $5M In Revenue, Helping Usher in IoT Connecting Keurigs to Internet with CEO Zach Supalla

It's like half a million, a million, two million, four million.