Founder Net Worth Map

“we've got speaker Ben carpel of Galleon whose revenue is north of one million dollars let's give it up for Ben [Applause] uh hey guys thanks so uh we are Galleon uh a couple of the teams are here partners simran and David in the audience as well galleon's uh SAS for e-commerce companies so we help um e-commerce has to get from point A to point B the parcels in the cardboard box so we help people basically save time”

“Dilemma you face right it's about losing control or losing power um the nervousness the intimidation the paperwork and even the risk of losing it all if you take that um and finally you know if you don't want any of those paths you can kind of slog along as you have been um so this is a little bit about this so this here is an um a little bit too hard to read but it's a closing basically a closing dock this was a deal that was uh very actually it was”

“use the money that comes in to grow it invest in marketing invest in engineering or diversify into other investment types finally though if you do take this Capital you know the product out there pipe is espresso SAS Capital others you do need to think about these things and and talk to either a CPA not just a bookkeeper but someone um or do your do your own calculations itself in terms of understanding the term the flexibility um the APR it's going to cost you”

“I think what the the founder path product that we have here which is a big advantage over pipe um you know pipes out there they're famous I think pipes Max term is 12 12 months right so something like this you may be able to get more like two two three years of financing um I've heard there could be terms up to four or five years so it gives you a lot of flexibility to bring forward the cash flows from the customers you've invested so hard and so much effort to win now they're paying you recurring contracts”

“isn't going to harm or hamper you for the long run if you've done if you've done the calculations and say I can pay back 10 a month over two years right yeah that's the um I don't know like debt world that's the the Draconian stereos like back what you have uh sorry back here like that world here and that world here you know if you”

“Ben Carpel CEO of Galleon … all in under 7 days How To Use your SaaS Revenue to Diversify and Keep Control Founder500, Sept 2022”

“Let’s start with: The History $3bn+ invested as a Finance Guy: 10 yrs at PE & HF shops I’m going to show you WHY I KNOW THIS WHAT WAS AVAIL. YOUR DILEMMA VC or Growth Equity: dilution, lose control Lose Control, Lose Power, Lose Then: bootstrapped SaaS Guy (sold/exit to Alpine SG in 2018) What I witnessed as an investor; then as a SaaS owner Debt: mandatory payments, strict, paperwork Do nothing, and be the 🐢 Get intimidated, then nervous, risk losing it all Do nothing, and be the 🐢”

“Key Takeaways: Pros & Cons Size, Power Velocity Growth You can diversify, but … Loss of ownership Loss of control Long processes New stresses”

“Your Options Today: This Is A Real Example”

“Idea #1: Your “illiquid” SaaS to liquid investments Idea #2: Your primary residence, or other real estate Idea #3: Keep it in your SaaS and Grow! 📈 Who: CPA, CFO, and the platforms’ reps to double-check It Arrived! Where To Put Your $ / And Who To Rely On”