categories
HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
fusebill
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 7)
Sramana Mitra: If you can finance this with bank credit lines and you don’t need a lot of equity financing, why would you dilute yourself? You now have a company that is at $10 million ARR and this company is reasonably conservatively financed. You’ve put in about $10 million in investment to get to $10
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 6)
Sramana Mitra: In 2016, you got a chunk of financing and you had over $1 million in ARR already. What happens next? What is the major inflection point in this business? Tyler Eyamie: A big thing for us was hiring a Chief Revenue Officer and VP Marketing to help take that company to the next
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 5)
Sramana Mitra: It was basically content marketing and search engine optimization that you used to get that traffic. Tyler Eyamie: That is correct. That was a great way to summarize my answer. Sramana Mitra: What kind of numbers did you do in your first year? In terms of business models, pricing models, average sales price,
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 4)
Sramana Mitra: How long did it take you to launch this product? Tyler Eyamie: I have a champagne bottle cork in my office that says 11/11/11. It was November 11, 2011, when our first viable product went into the market. That was a humbling experience. We put it out very quickly thinking about the fundamentals
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 3)
Sramana Mitra: Can you double click down on the ecosystem and the competitors, because at this point, there were other billing software products in the market. I know this market well. What products did you look at and what did you consider as competition? What was the competitive position with which your thesis was to
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 2)
Tyler Eyamie: I had an entrepreneurial hunger to go out and try to build a business on my own. One of the things that I had as an advantage over most entrepreneurs was that I could potentially go for several years with no salary. The other thing that I had was access to tremendous talented
Capital Efficient Entrepreneurship from Canada: Fusebill CEO Tyler Eyamie (Part 1)
Wonderful story of a SaaS company that has invested $10M to get to $10M ARR over 9 years. Lots of options ahead to exit profitably or to keep going. Sramana Mitra: Let’s go to the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you
