SaaS Interviews with CEOs, Startups, Founders
Startup COO Leaves after 500 Accelerator, Left with 1% Equity with Jules Hill Episode 183
04 Mar 2016
Chapter 1: What is the main topic discussed in this episode?
This is The Top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.
Chapter 2: What was Jules Hill's role and initial experience at CellBreaker?
You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have. I'm now at $20,000 per top. Five and six million. He is hell-bent on global domination.
Chapter 3: How did CellBreaker secure funding through the 500 Startups program?
We just broke our 100,000-unit soul mark. And I'm your host, Nathan Latka. Okay, Top Tribe, this week's winner of the $100 is Rick Siegmund.
Chapter 4: What challenges did Jules face while working at CellBreaker?
Rick Siegmund. He is stuck brick and mortar business.
Chapter 5: How does Jules manage his finances while working at a startup?
That is his focus.
Chapter 6: What is Jules's current role at Windsor Circle and what does the company do?
So congratulations, Rick. If you guys want to win $100 every Monday on the show, in order to enter, simply subscribe to the show on iTunes now and then text the word NATHAN to 33444. Again, text the word NATHAN to 33444. Coming up tomorrow, Morning Talk Tribe, it's another one. You're going to hear what we decide to do with Heyo and get a clue as to what we're going to be up to next.
Okay, Top Drive, good morning, good morning. We've got a guest on today I think you're really going to enjoy. His name is Jules Hillen. Jules was born in England, grew up in Mexico, and came to the U.S. for college.
Even after taking a semester off to enlist in the USMC Reserve, Jules graduated early from the Kennan-Flagler Business School, after which he dedicated two years of venture-backed startup, Cellbreaker, as COO. Jules, are you ready to take us to the top? Yes, sir. All right. So let's do this. First things first. Thanks for your service. Appreciate that.
Let's get into, let's get into Cellbreaker for a bit. So you graduated school. How much money had Cellbreaker raised and why'd you join?
Not a lot when I joined. Cellbreaker had raised about 50K when I... decided to kind of join full time. Cellbreaker was my first experience in entrepreneurship. I was actually at an incubator in Durham, North Carolina, where as an intern for the incubator and Cellbreaker came through the incubator and that's sort of how I got connected. That was while I was still in undergrad.
And when I graduated, they had raised a little bit of money, like I mentioned, and I decided to sort of take the dive and join them full time.
So a lot of our listeners are always wondering, they're being pitched by venture-backed startups all the time to kind of join as an early founder to join. And sometimes jewels don't know how to think about it. So what was the offer like? I mean, did you get equity in the business? How did they pay you if there's only 50K in the bank? Or did you take no pay?
I did get equity. I did get pay. It was not... what everybody hears about graduating from one of the top five business schools in the country, seeing all my friends and colleagues and classmates go off to get these offers. It was definitely a tough decision.
But I think the way I thought about it that really sort of, I think, was the best way to think about it for me was thinking what's the worst that could happen and really thinking about the answer to that question and then thinking what's the best that could happen and really thinking about the answer to that question.
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