3min chapter

B2BaCEO (with Ashu Garg) cover image

How to Be a SaaS Wunderkind (Christian Owens, Founder & CEO of Paddle)

B2BaCEO (with Ashu Garg)

CHAPTER

The Experience of Raising Money in UK Enterprise Software

I didn't even know what venture capital was like walking into that meeting and it was very interesting because they knew that I didn't have a deck. So it's like 12 of them around the table just grilling this 19 year old on kind of the business. We'd obviously started to do this pivot, but we didn't really have any traction on numbers beyond like a couple customers. And then we at that point we raised about a million dollars to kind of stop pushing that business.

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