The SaaS Podcast: How B2B SaaS & AI Founders Get Customers

The SaaS Podcast: How B2B SaaS & AI Founders Get Customers

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The SaaS Podcast: How B2B SaaS & AI Founders Get Customers episodes

  • Enterprise Sales: $2K MRR to 7 Figures With Cold Email

    Santi Bibiloni was stuck at $2K MRR selling to small agencies. Then he shifted his enterprise sales strategy upmarket and started closing multi-year contracts with some of the largest agencies in the world.

    In this episode, Santi reveals how COR went from offering free trials and monthly plans to eliminating free trials entirely, selling annual and multi-year contracts to CFOs, and growing to between $1M and $2M ARR with 9% month-over-month growth. His enterprise sales playbook targets CFOs at agencies with 50-200 employees through B2B SaaS sales cold email with an 86-day average cycle.

    COR's shift from SMB to enterprise SaaS transformed their metrics: 114% net revenue retention and just 4.5% annual dollar churn. Santi's B2B sales process proves that customizing the demo - not the product - closes enterprise sales deals faster.

    Key Lessons

    • ๐Ÿข Move enterprise sales upmarket when SMB growth stalls: COR was stuck at $2K MRR selling to small agencies. Shifting to mid-market and enterprise with 50-200 employees unlocked 7-figure ARR and 9% monthly growth.
    • ๐ŸŽฏ Define your ICP down to buyer persona and company size: Santi targeted CFOs at creative agencies with 50-200 employees. This specificity made cold email outreach and enterprise sales messaging dramatically more effective.
    • ๐Ÿ’ฐ Eliminate free trials and sell multi-year contracts instead: COR dropped free trials entirely and moved to annual and multi-year contracts, increasing prospect commitment and reducing churn from 15%+ to 4.5% annually.
    • ๐Ÿ“ง Cold email to CFOs outperforms paid ads for enterprise sales: COR spent their angel round on Google and Facebook ads with poor results. Almost all enterprise SaaS revenue came from cold email outreach and email lead nurturing.
    • ๐Ÿค Customize the demo, not the product in enterprise sales: COR shows each prospect how their specific pain points are solved rather than doing generic feature walkthroughs, making every demo feel personal without building custom features.
    • Chapters

      • Introduction
      • Santi's favorite quote: think big, take risks, be resilient
      • What COR does: project profitability platform
      • Business size: $1-2M ARR with 9% monthly growth
      • Origin story: running an e-commerce agency in Argentina
      • Building the MVP and getting two agencies to try it
      • Early users hated the product but kept using it
      • Raising an angel round and wasting money on paid ads
      • Why paid advertising failed without a clear ICP
      • Moving upmarket from SMB to enterprise sales
      • Cold email vs. paid ads: what actually worked
      • Lead nurturing and email marketing strategy
      • Defining ICP: CFOs at agencies with 50-200 employees
      • Personalizing cold email for enterprise sales
      • Eliminating free trials and selling multi-year contracts
      • Multi-stakeholder enterprise sales process
      • Average 86-day enterprise sales cycle
      • Lightning Round
      • Where to find COR and Santi
      • Resources

        • Full show notes: https://saasclub.io/297
        • Join 5,000+ SaaS founders: https://saasclub.io/email
        • 43 min
        • Freemium SaaS: 18 Months to 10 Customers Then Liftoff

          Jon Fagg spent 18 months struggling to get 10 paying customers. Then he introduced a freemium SaaS model, and within six months, Skedda had more signups than they had managed in the previous two years combined.

          In this episode, Jon reveals how Skedda grew from a side project that three part-time co-founders built across time zones into a bootstrapped 7-figure business with 4,000 paying customers. He explains why the freemium SaaS approach - combined with one focused SEO project - replaced every other channel they tried, including handwritten letters in the mail. The freemium model unlocked free trial conversion at scale.

          Skedda replaced confusing pricing tiers with a generous SaaS free tier plus one $49 paid plan. That simplicity, combined with vertical-specific landing pages for SEO, created a freemium SaaS flywheel where word of mouth matched organic search as a growth driver.

          Key Lessons

          • ๐ŸŽฏ Freemium SaaS creates volume that unlocks word-of-mouth: Skedda's free tier drove signups, usage, and feedback that eventually made word-of-mouth as powerful as SEO - all without paid marketing spend.
          • ๐Ÿ”„ Simplify pricing to one freemium SaaS tier plus one paid plan: Skedda replaced confusing alliterative pricing tiers with a generous free plan and a single $49 premium option, making the decision obvious for users.
          • ๐Ÿš€ One SEO project can replace paid marketing entirely: Jon restructured Skedda's site with vertical-specific landing pages in a single focused effort, and organic search became the primary customer acquisition channel for years.
          • ๐Ÿ“‰ 18 months of failure does not mean the idea is wrong: Skedda's founders tried handwritten letters and various outreach tactics for 18 months before freemium SaaS and SEO unlocked growth - persistence mattered more than tactics.
          • ๐Ÿ’ฐ Bootstrapped freemium SaaS can reach 7-figure ARR without funding: Skedda grew to 4,000 paying customers and multiple seven figures with a team of 15, proving this model can scale without venture capital.
          • Chapters

            • Introduction
            • Jon's motivation: building things with interesting people
            • What Skedda does: space management software
            • Why Skedda exists: flexible scheduling across verticals
            • Customer range: from farmers to Harvard and Mercedes-Benz
            • Business size: 4,000 paying customers and 7-figure ARR
            • Origin story: running a sports facility in Melbourne
            • Recruiting an engineer doing his PhD in Germany
            • Building the MVP and first product iteration
            • 18 months to find the first 10 customers
            • Trying handwritten letters and other failed tactics
            • Introducing the freemium SaaS model and simplifying pricing
            • The SEO project that changed everything
            • Why SEO became the biggest growth driver
            • What held them back from freemium sooner
            • The avalanche effect after launching freemium
            • How COVID accelerated enterprise adoption
            • In-person founder retreats for strategic decisions
            • Lightning Round
            • Wrap Up
            • Resources

              • Full show notes: https://saasclub.io/296
              • Join 5,000+ SaaS founders: https://saasclub.io/email
              • 41 min
              • Venture Capital SaaS: Two Teens Raised From Calacanis

                Most venture capital SaaS stories start in Silicon Valley with decades of experience. Liam Gerada did it at 19 from a small island in the Mediterranean - with zero coding skills and a brother who was still a teenager.

                In this episode, Liam reveals how he and his brother Travis built Krepling, a Shopify competitor, from scratch after their own e-commerce struggles. He shares the venture capital SaaS journey that took them from losing every user when they introduced pricing to landing 500 customers and a pre-seed round from Jason Calacanis' LAUNCH accelerator. Their SaaS fundraising success came from traction, not pitch decks.

                Krepling's startup funding story proves that raising from VCs requires real customer traction. The brothers reached 500 paying customers and $1 billion in platform GMV before any investor took them seriously - overcoming the skepticism of being teen founders from Malta.

                Key Lessons

                • ๐Ÿš€ Venture capital SaaS funding requires traction, not just a pitch: Krepling raised from LAUNCH accelerator only after reaching 500 customers and $1B platform GMV - proving that even teenage founders can secure funding with real traction.
                • ๐Ÿ“‰ Switching from free to paid will expose product gaps: Krepling lost every user when they started charging, but the founders treated it as a signal to improve the product rather than reverting to free.
                • ๐ŸŽฏ Agency partnerships accelerate customer acquisition without paid ads: E-commerce agencies frustrated with Shopify integrations started building client sites on Krepling, creating a word-of-mouth engine at zero cost.
                • ๐Ÿ› ๏ธ Non-technical founders can build MVPs with minimal coding skills: Travis learned just enough coding to build Krepling's first version, and they hired real developers only after validating demand with paying customers.
                • ๐Ÿค Community-driven growth starts with grassroots hustle: Posting on Quora, Reddit, and sending cold emails got Krepling's first 10 customers - enough to prove the concept before approaching venture capital SaaS investors.
                • Chapters

                  • Introduction
                  • Liam's motivations and working with his brother Travis
                  • What Krepling does and how it competes with Shopify
                  • How Krepling differentiates from Shopify and BigCommerce
                  • Business size: 500 customers and $1B+ platform GMV
                  • From Shopify store to agency idea to building a platform
                  • Building the MVP without coding experience
                  • Launching a free product and attracting early users
                  • Every user churned when pricing was introduced
                  • How Krepling centralized e-commerce integrations
                  • The no-code approach to third-party integrations
                  • Getting the first 10 paying customers
                  • Agency partnerships as a growth channel
                  • Raising venture capital SaaS funding from Jason Calacanis' LAUNCH
                  • Hiring the first developer as non-technical founders
                  • Lightning Round
                  • Where to find Krepling and Liam
                  • Resources

                    • Full show notes: https://saasclub.io/295
                    • Join 5,000+ SaaS founders: https://saasclub.io/email
                    • 45 min
                    • Startup Traction: From 0 Customers to $12M ARR and Exit

                      Ryan Fyfe couldn't get 10 customers to pay for his scheduling software. People seemed interested but always had an excuse. Then his co-founder left and he became a solo founder of a product that nobody wanted to pay for. Getting startup traction felt impossible.

                      But after years of persistence, Ryan bootstrapped Humanity to $100K ARR, raised funding, and grew it to $12M ARR with 40,000 customers including Nike, CNN, and Lyft. In this episode, Ryan shares the startup traction playbook he wishes he had - from launching free to get early traction, to SEO and review sites as growth engines, to the pricing mistake that cost him five years of revenue.

                      Ryan's getting traction journey proves that initial traction comes from launching free online rather than in-person pilots. His biggest regret: 70% of Humanity's customers generated only 10% of revenue because he lacked the confidence to charge more for five years.

                      Key Lessons

                      • ๐ŸŽฏ Launch free online to find startup traction instead of in-person pilots: Ryan spent months on local business pilots that went nowhere. Launching a free version online attracted passionate early adopters who actually used the product and provided feedback.
                      • ๐Ÿ’ฐ Segment customers before pricing costs you five years: 70% of Humanity's customers generated just 10% of revenue. A quad system ranking customers by size and expansion potential let them focus resources on profitable segments.
                      • ๐Ÿš€ SaaS review sites compound startup traction when you start early: Ryan listed Humanity on G2, Capterra, and GetApp when those sites were just starting. Being early on review platforms created a ranking advantage that compounded as those sites grew.
                      • ๐Ÿ“‰ Price confidence matters more than price level for startup traction: Ryan always positioned Humanity as the cheapest option out of insecurity. When they finally raised prices, revenue grew faster because they attracted serious buyers.
                      • ๐Ÿง  Know when you're a builder, not an operator: Ryan realized he disengaged when working through management layers and was too slow to hire executives. Handing the CEO role to someone better suited let the company thrive.
                      • Chapters

                        • Introduction
                        • Ryan's quote: "When you're backed against the wall, break it down"
                        • What Humanity does: employee scheduling software
                        • SaaS in 2009: no tool stack, no smartphones, no cloud adoption
                        • How the idea came from working hourly shifts
                        • Building the product himself with no technical co-founder
                        • Validation: trusting his gut instead of customer interviews
                        • Co-founder fallout and becoming a solo founder
                        • The demoralizing period: can't get 10 customers
                        • Launching free online and finding startup traction
                        • Building feedback loops through customer forums
                        • Solo founder: hiring remote support as first employees
                        • Bootstrapping to first few hundred customers
                        • Raising a seed round after an investor found them through reviews
                        • Growing to $10M ARR and handing off the CEO role
                        • Growth channels: SEO, content marketing, review sites
                        • Launching paid plans: the pricing confidence problem
                        • Customer segmentation: the 70/10 discovery
                        • Self-awareness: knowing you're a builder, not an operator
                        • Weekly journaling framework for founders
                        • The Humanity acquisition during COVID
                        • Joining Workpuls as co-founder and COO
                        • Lightning round
                        • Resources

                          • Full show notes: https://saasclub.io/294
                          • Join 5,000+ SaaS founders: https://saasclub.io/email
                          • 57 min
                          • SaaS Pricing: From $79 to $500 Against Free Competitors

                            Iris Shoor got her first customer 30 minutes after turning on Facebook ads - for less than $50. The product was clearly working. Then she killed it. She shut down a product with real users, real engagement, and real validation because investors told her Facebook would build it themselves.

                            In this episode, Iris reveals the SaaS pricing journey that took Oribi from free to $79 to $500 per month, why charging more actually improved retention, and how she grew the company to 60 employees and $28 million in funding by competing against free Google Analytics. Her pricing strategy evolved through painful lessons about pricing optimization.

                            Oribi founder Iris Shoor raised SaaS pricing from $79 to $500/month and discovered that customers with real marketing budgets invested more in the product, extracted more value, and churned less. Her pricing model proved that competing against free requires demonstrating clear ROI, not matching their price.

                            Key Lessons

                            • ๐Ÿ’ฐ Higher SaaS pricing improves retention, not just revenue: Oribi raised prices from $79 to $500/month and found that higher-paying customers engaged more deeply, extracted more value, and churned less because they had real budgets to invest in the product.
                            • ๐Ÿ“‰ Never kill a working product based on investor concerns alone: Iris shut down a validated Facebook analytics tool because investors warned Facebook would build it. Four years later nothing changed, and she lost years of compounding growth.
                            • ๐ŸŽฏ Vertical packaging boosts conversion before vertical features: Oribi created separate landing pages and onboarding flows for e-commerce and agencies with vertical-specific terminology. Conversion rates jumped even before adding vertical-specific product features.
                            • ๐Ÿง  Create a wish list of experts, not a convenience list of contacts: Instead of asking friends for feedback, Iris reaches out to specific experts on LinkedIn with precise questions - getting 80% reply rates by being relevant and specific.
                            • ๐Ÿš€ Facebook ads work for B2B SaaS pricing validation: Iris acquired Oribi's first customer in 30 minutes through Facebook ads. B2B founders who dismiss Facebook as "B2C only" miss that decision-makers use Facebook too.
                            • Chapters

                              • Introduction
                              • What inspires Iris: building things and solving challenges
                              • What Oribi does: no-code marketing analytics
                              • Target customers: mid-sized companies with marketing budgets
                              • Business size: 60 employees, thousands of customers, $28M raised
                              • Background: architecture to Autodesk acquisition to OverOps
                              • How the analytics idea came from marketing pain
                              • Building a wish list of dream advisors
                              • Reaching out to ex-Google Analytics PMs on LinkedIn
                              • The key question: if this is painful, why is nobody solving it?
                              • First product: Facebook analytics tool
                              • First customer in 30 minutes through $50 in Facebook ads
                              • Killing the product after negative investor feedback
                              • Starting over: building codeless data collection from scratch
                              • Getting first customers through Facebook ads
                              • Why Facebook ads work for B2B SaaS
                              • Building lookalike audiences with gated content at $1-2 per lead
                              • SaaS pricing evolution: free to $79 to $300 to $500/month
                              • Why starting free before a fundraise can be strategic
                              • Competing against free Google Analytics
                              • Vertical packaging: e-commerce, agencies, SaaS
                              • Lightning round
                              • Resources

                                • Full show notes: https://saasclub.io/293
                                • Join 5,000+ SaaS founders: https://saasclub.io/email
                                • 51 min
                                • SaaS Sales Strategy: 500 Handwritten Letters to 7 Figures

                                  Zandra Moore and her co-founders carried a server across a car park to start their company. Then they wrote 500 handwritten letters to software vendors - because in a market dominated by Tableau and Power BI, their SaaS sales strategy meant doing things nobody else would.

                                  In this episode, Zandra reveals how Panintelligence grew into a multiple 7-figure SaaS business with 50+ employees by embedding white-labeled analytics inside other SaaS products. Their competitive differentiation comes from querying data where it already lives instead of moving it. Zandra's SaaS sales strategy combines creative outbound with sharp SaaS differentiation.

                                  From handwritten letters to fish-and-chip demos to LinkedIn messages citing podcast quotes, Zandra proves that standing out in SaaS requires a sales approach as distinctive as your product. Her SaaS sales strategy narrowed from "all software vendors" to four verticals on AWS using the Crossing the Chasm framework.

                                  Key Lessons

                                  • ๐ŸŽฏ Build competitive differentiation by solving what giants ignore: Power BI and Tableau move data and serve end users directly. Panintelligence found their niche by querying data in place and white-labeling for SaaS vendors - a use case the big players overlooked.
                                  • ๐Ÿค Handwritten outreach creates a SaaS sales strategy that gets attention: Zandra sent 500 personalized letters because email was too noisy. Doing things that don't scale - fish-and-chip demos, hand-signed letters - got attention when automation couldn't.
                                  • ๐Ÿ“‰ "All software vendors" is still too broad an ICP: Even after choosing to sell only to software vendors, Panintelligence needed to narrow further. The Crossing the Chasm framework helped focus on four verticals with existing references.
                                  • ๐Ÿ”„ Reseller channels drain resources without clear SaaS sales strategy: Resellers needed heavy enablement and lacked technical depth. Direct relationships with SaaS vendors who embed the product proved far more sustainable.
                                  • ๐Ÿ’ฐ Personalization scales better than you think: From handwritten letters to LinkedIn messages citing specific podcast quotes, personalized outreach consistently converts at much higher rates than automated campaigns - even at 50+ employees.
                                  • Chapters

                                    • Introduction
                                    • Zandra's quote: Givers gain
                                    • What Panintelligence does: embedded white-label BI for SaaS
                                    • Customer examples: ACI Worldwide, schools, healthcare
                                    • The broad market challenge: analytics for everyone
                                    • Origin story: spinning out from Pancredit
                                    • What "spinning out" actually looked like
                                    • Carrying a server across a car park
                                    • First three months: 500 handwritten letters
                                    • Why send letters instead of emails
                                    • What the letters said: personalization approach
                                    • The lesson: do things others aren't doing
                                    • Narrowing the ICP with a SaaS sales strategy
                                    • Expanding from UK to international markets
                                    • Using LinkedIn and content marketing for outreach
                                    • Following up 12 times without being annoying
                                    • AWS partnership and marketplace learnings
                                    • Competing against Tableau and Power BI
                                    • Why data-in-place is the key differentiator
                                    • Building ML-powered predictive analytics
                                    • Lightning round
                                    • Resources

                                      • Full show notes: https://saasclub.io/292
                                      • Join 5,000+ SaaS founders: https://saasclub.io/email
                                      • 50 min
                                      • Product-Led Growth: 2 People, No Funding, Nearly $1M ARR

                                        Esben Friis-Jensen went from co-founding a VC-backed security company with 200 employees and $37 million in funding to a bootstrapped product-led growth startup with just two people - and nearly $1M in annual recurring revenue.

                                        In this episode, Esben reveals how a single customer request triggered Cobalt's pivot from bug bounty to pen testing, why he chose to bootstrap Userflow after years in the VC world, and how product-led growth can sell a SaaS onboarding tool without a sales team. Userflow's self-serve SaaS approach means many customers complete a free trial and purchase without a single conversation.

                                        Esben's PLG strategy is built on exceptional UX and treating every support ticket as a product improvement opportunity. This product-led growth mindset lets 2 people serve hundreds of paying customers without dedicated support staff.

                                        Key Lessons

                                        • ๐Ÿ”„ A single customer request can reveal product-led growth potential: Cobalt's pivot started when one customer asked for a pen test and paid $8,000 - proving the market wanted a different product than what was being built.
                                        • ๐Ÿ’ฐ Subscription beats transactional pricing for SaaS onboarding: Cobalt moved from per-bounty fees to annual pen testing subscriptions, transforming unpredictable revenue into recurring ARR that the team could plan around.
                                        • ๐Ÿ› ๏ธ Solve support tickets in the product, not in help docs: Userflow treats every support request as a product-led growth improvement opportunity, which is why 2 people can serve hundreds of customers without dedicated support staff.
                                        • ๐ŸŽฏ Disincentivize enterprise to keep product-led growth operations lean: Userflow deliberately pushes mid-market buyers toward self-serve credit card plans, reserving enterprise procurement only for truly large companies.
                                        • ๐Ÿš€ UX is more important than features for product-led growth: Userflow wins by being advanced yet easy to use. Competitors cluster into simple-but-basic or powerful-but-complex - the middle ground is underserved.
                                        • Chapters

                                          • Introduction
                                          • Esben's favorite quote: Quality at Speed
                                          • What Userflow does: no-code SaaS onboarding
                                          • Revenue: closing in on $1M ARR with 2 people
                                          • What is Cobalt and pen testing as a service
                                          • How 4 Danish founders with no security experience started Cobalt
                                          • Building the MVP in Buenos Aires and joining Boost VC
                                          • First year challenges and early bitcoin exchange customers
                                          • The pivot: from bug bounty to pen testing
                                          • Running out of money and the eureka moment
                                          • The transition period and why dual marketing failed
                                          • Moving from transactional to subscription pricing
                                          • Selling pen testing against consulting incumbents
                                          • Transitioning from sales-led to product-led growth at Cobalt
                                          • Breaking into the close-knit US security community
                                          • How Esben and Sebastian connected and started Userflow
                                          • Going full circle: from sales-led back to product-led growth
                                          • How customers buy without speaking to anyone
                                          • Userflow's differentiation: advanced yet easy to use
                                          • Building great UX and the importance of less is more
                                          • Using Userflow for Userflow (meta onboarding)
                                          • Growth channels: SEO, Google Ads, thought leadership, word of mouth
                                          • How 2 people do everything: the power of product-led growth
                                          • Customer mix: SMB majority with some enterprise
                                          • Disincentivizing enterprise procurement
                                          • Lightning round
                                          • Resources

                                            • Full show notes: https://saasclub.io/291
                                            • Join 5,000+ SaaS founders: https://saasclub.io/email
                                            • 51 min
                                            • Niche SaaS: Bar Surveys to $2M ARR Leasing Platform

                                              Steve Carroll sent his co-founder into New York bars to ask strangers how they paid their rent. Some women thought it was a pickup line - until they saw the Typeform survey. That scrappy approach got them 1,000 survey results and enough conviction to build a niche SaaS product for the rental market.

                                              In this episode, Steve reveals how Findigs pivoted from a consumer rent payments app to a B2B niche SaaS leasing platform after brand partners kept asking for access to renters at the point of move-in. That shift to vertical SaaS, combined with an ML-powered tenant screening engine, helped Findigs reach $2M ARR with just 12 people serving 60,000 units.

                                              Carroll's journey from consumer payments to industry-specific SaaS proves that the best niche SaaS ideas come from listening to adjacent stakeholders, not just your core users. Findigs differentiated in a crowded vertical software market by integrating alongside existing tools instead of replacing them.

                                              Key Lessons

                                              • ๐ŸŽฏ Validate with niche SaaS customers, not just users: Carroll's bar surveys showed consumer demand, but the real business insight came from calling landlords already receiving Findigs payments - revealing the leasing pain point that became their core product.
                                              • ๐Ÿ“‰ Onboarding mismatches kill niche SaaS retention: Findigs signed diverse customer profiles before supporting their workflows, creating manual workarounds that end users resented - proving that decision-maker enthusiasm does not equal user adoption.
                                              • ๐Ÿ”„ Listen to adjacent stakeholders for pivot signals: Brand partners told Carroll renters are most valuable at move-in, not after. That feedback from outside the core user base triggered the pivot from payments to leasing.
                                              • ๐Ÿค Warm outbound beats cold outbound in niche SaaS sales: Findigs' first B2B customers were landlords they already paid rent to, turning cold calls into warm conversations with a built-in touchpoint.
                                              • ๐Ÿ› ๏ธ Avoid rip-and-replace to shorten sales cycles: Findigs integrates alongside existing software instead of replacing it, reducing sales cycles from months to weeks - critical in a market with entrenched incumbents.
                                              • Chapters

                                                • Introduction
                                                • Steve's background on Wall Street and restaurant tech
                                                • What Findigs does and the problem it solves
                                                • Business size: $2M ARR, 12 people, 60,000 units
                                                • How the idea came from renting in New York City
                                                • Starting with rent payments as the first product
                                                • Getting started with funding from a Wall Street contact
                                                • Bar surveys: collecting 1,000 results in New York
                                                • How Keith met his girlfriend doing customer research
                                                • Shipping the first product in five months
                                                • Getting 400 payments in the first month with no marketing
                                                • Why the service was free and 75% of users tipped
                                                • Pivoting to B2B niche SaaS after brand partner feedback
                                                • Understanding the leasing pain point for landlords
                                                • Six months of research before building the new product
                                                • Early product mistakes: shipping before workflows were ready
                                                • Getting attention in a crowded market
                                                • Outbound sales: posing as renters to find leads
                                                • Differentiating with ML-powered underwriting
                                                • Usage-based pricing model
                                                • Sales cycle measured in weeks, not months
                                                • Lightning round
                                                • Resources

                                                  • Full show notes: https://saasclub.io/290
                                                  • Join 5,000+ SaaS founders: https://saasclub.io/email
                                                  • 45 min
                                                  • Startup Funding: Landing Page to 60K Users to 1.2M Raised

                                                    Holly Stephens built a landing page in 24 hours for a product that didn't exist - just a description of a tool that would make it easier to add subtitles to videos. She posted it in Facebook groups and had 50 signups within days. That validation was enough to start building - and eventually secure startup funding.

                                                    Within 18 months of launching, Subly had 60,000 users and Holly had completed her startup funding round of 1.2 million pounds. The twist? Holly didn't raise capital by pitching VCs with a deck. Her pre-seed funding came from relationships she built by asking for advice, not money. And she grew to 60,000 users spending almost nothing on paid marketing.

                                                    Holly's SaaS fundraising journey proves that raising capital works better when investors see genuine traction. Her pre-seed investors all offered to invest after being asked for advice, not money - and LinkedIn content drove growth without a marketing budget.

                                                    Key Lessons

                                                    • ๐Ÿš€ A 24-hour landing page validates faster than months of building: Holly described a fictional product on a simple page, shared it in Facebook groups, and had 50 signups within days - including corporate companies and TV production firms.
                                                    • ๐Ÿ’ฐ Startup funding works better when you ask for advice, not money: Holly's pre-seed investors all came from relationships built by asking for advice on specific topics. They saw the traction, built trust, and offered to invest without a formal pitch.
                                                    • ๐ŸŽฏ LinkedIn personal posts outperform company pages for traction: Holly posted 4 times per week from her personal profile, mixing founder journey stories with product demos. People followed her journey, not the company page.
                                                    • ๐Ÿค Community referrals drove 60,000 users with zero paid marketing: Users who loved Subly would post about it in their own Facebook groups and social networks, creating organic growth loops that replaced paid acquisition.
                                                    • ๐Ÿ“‰ Test willingness to pay before launching full pricing: Subly ran a founding membership campaign offering 90% off six months before committing to subscription pricing, confirming people would pay for what had been free.
                                                    • Chapters

                                                      • Introduction
                                                      • Holly's motivation - take the first step
                                                      • What Subly does - transcription, subtitles, and translation
                                                      • Business size - team of 14 and growing
                                                      • 60,000 users including 6,000 business accounts
                                                      • Revenue - 10K MRR after six months of subscriptions
                                                      • Origin story - YouTube channel and marketing agency pain
                                                      • How subtitles work differently from YouTube auto-captions
                                                      • Validating with Facebook groups and a simple landing page
                                                      • The landing page - problem-only, no product screenshots
                                                      • 50 signups and setting up email automation
                                                      • 14 months of building while everyone worked day jobs
                                                      • First full-time employee - a software engineer
                                                      • How user interviews shaped the product roadmap
                                                      • February 2020 launch - panicking at 100 signups
                                                      • Raising the pre-seed round of 210K GBP
                                                      • Total startup funding raised - 1.2 million GBP
                                                      • Growing to 60,000 users with no paid marketing
                                                      • Community referrals as the primary growth engine
                                                      • LinkedIn content strategy - 4 posts per week
                                                      • Posting from personal profile, not company page
                                                      • Referrals and Google search as top channels
                                                      • Launching subscription pricing in October 2020
                                                      • Lightning round
                                                      • Where to find Holly and Subly
                                                      • Resources

                                                        • Full show notes: https://saasclub.io/289
                                                        • Join 5,000+ SaaS founders: https://saasclub.io/email
                                                        • 51 min
                                                        • SaaS Monetization: From Free API to Multi-Million ARR

                                                          Ben Dowling built a free API over a weekend to save himself time looking up IP addresses. A year later, he reluctantly added SaaS monetization plans starting at $50/month - and was shocked when someone immediately signed up for the $200 plan.

                                                          The bigger shock came when enterprise companies started asking for sales calls, and he kept turning them away. Today IPinfo handles 40 billion API requests a month, serves customers like T-Mobile and Apple, and generates multi-million dollar revenue - all bootstrapped with a team of 15. But Ben admits his SaaS monetization mistakes cost him millions by not adding enterprise pricing sooner.

                                                          Ben's SaaS pricing evolution went from free to $50 self-serve to custom enterprise deals. His monetization strategy finally clicked when he stopped dismissing sales calls and learned that enterprise buyers have entirely different expectations around billing, support, and contracts.

                                                          Key Lessons

                                                          • ๐Ÿ’ฐ SaaS monetization should include enterprise tiers from day one: Ben turned away enterprise prospects for years because he saw sales calls as a distraction from his $50 self-serve plans. Those customers were willing to pay multiples more and had real budgets.
                                                          • ๐Ÿ“‰ Removing all SaaS monetization friction can backfire: IPinfo let anyone use the API without signing up for four years. While frictionless, this meant zero ability to upsell, communicate outages, or contact users hitting rate limits.
                                                          • ๐Ÿง  Going full-time can slow growth if you lose focus: Working part-time forced Ben to focus only on the core pricing model. Full-time, he built dashboards and infrastructure that users expected but that did not move revenue.
                                                          • ๐Ÿš€ Answer questions on Stack Overflow as a developer growth channel: Ben answered IP geolocation questions on Stack Overflow, and his responses became top-voted answers driving sustained free traffic for years.
                                                          • ๐ŸŽฏ Enterprise SaaS monetization requires relationship-based sales: Enterprise buyers need yearly billing, support contracts, and someone to call. A developer who thinks $50/month is expensive will miss that enterprise teams routinely budget tens of thousands.
                                                          • Chapters

                                                            • Introduction
                                                            • Ben's favorite quote - ask for forgiveness, not permission
                                                            • What IPinfo does - IP address metadata and geolocation
                                                            • 100,000 customers, bootstrapped, team of 15
                                                            • Revenue - growing 50% year over year
                                                            • How the idea started from a personal pain point
                                                            • Building the API as a side project while at Facebook
                                                            • Background - from Facebook to CTO of Calm
                                                            • Timeline - launched 2014, paid plans 2015, full-time 2016
                                                            • Stack Overflow as the first growth channel
                                                            • Adding paid plans reluctantly - wife's push
                                                            • Revenue trajectory - doubling month over month
                                                            • Going full-time when revenue exceeded salary
                                                            • Hiring first contractors and full-time employee
                                                            • SEO from static IP address pages
                                                            • How long to reach first million in ARR
                                                            • Why growth slowed after going full-time
                                                            • Turning away enterprise customers as a distraction
                                                            • Learning how enterprise SaaS monetization actually works
                                                            • The problem with not requiring signups
                                                            • Finally adding free plan signups in 2018
                                                            • Growth channels beyond Stack Overflow
                                                            • Lightning round
                                                            • Where to find Ben and IPinfo
                                                            • Resources

                                                              • Full show notes: https://saasclub.io/288
                                                              • Join 5,000+ SaaS founders: https://saasclub.io/email
                                                              • 50 min

                                                              About The SaaS Podcast: How B2B SaaS & AI Founders Get Customers

                                                              From the publisher's feed

                                                              Building software got easier. Getting customers didn't. Every week, a founder building B2B SaaS or an AI product tells you how they got their first customers, and how they kept them: what worked, what didn't, and what they'd do differently.

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