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Building a High-Growth Startup From Brazil: Revelo CEO Lachlan de Crespigny (Part 6)

Posted on Saturday, Oct 8th

Sramana Mitra: How long does a developer stay in one company before they go out and look again? Lachlan de Crespigny: Developers that find jobs with American companies stay for much longer. As per the current model, the average time is over three years. A normal developer stays 12 to 18 months. I don’t think

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Building a High-Growth Startup From Brazil: Revelo CEO Lachlan de Crespigny (Part 5)

Posted on Friday, Oct 7th

Sramana Mitra: How much money had you raised in 2019 of October? Lachlan de Crespigny: We had raised $15 million in 2019. Sramana Mitra: You had some war chest to be able to figure things out. Lachlan de Crespigny: We did. It was very lucky timing. It was not an easy fundraise. We were still

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Building a High-Growth Startup From Brazil: Revelo CEO Lachlan de Crespigny (Part 4)

Posted on Thursday, Oct 6th

Sramana Mitra: Did you raise Series A? Lachlan de Crespigny: We did. We raised Series A in late 2017 and Series B in 2019. Sramana Mitra: When you went to raise Series A, what were your metrics vis-a-vis revenues, customers, and growth rate? Was the business model still the same? Lachlan de Crespigny: The business

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Building a High-Growth Startup From Brazil: Revelo CEO Lachlan de Crespigny (Part 3)

Posted on Wednesday, Oct 5th

Sramana Mitra: What happens next? This was still in 2015? Lachlan de Crespigny: Right at the end of 2014. We ran a three-month test and if it worked, we’d decide whether we want to start this business. We started and the second one worked. The biggest next step was, we raised a seed round in

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Building a High-Growth Startup From Brazil: Revelo CEO Lachlan de Crespigny (Part 2)

Posted on Tuesday, Oct 4th

Sramana Mitra: What was your hypothesis on how you were going to generate cash flow? Lachlan de Crespigny: We were shocked to discover this industry where offline recruiters would do tasks that we knew could be automated quickly and they charged very large amounts of money for it. We need to sell something high-ticket, because

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Building a High-Growth Startup From Brazil: Revelo CEO Lachlan de Crespigny (Part 1)

Posted on Monday, Oct 3rd

Lachlan has built a wonderful company from Brazil that has emerged as a pandemic beneficiary.Read on for the nuances of his journey. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised and in what kind of background?