15min chapter

Practical Founders Podcast cover image

#111: Bootstrapped Then Raised VC Funding Before Selling to Salesforce for $250 Million

Practical Founders Podcast

CHAPTER

From Services to Software: The Revenue Journey

This chapter explores the transition of a services-based business into a software company, emphasizing the significance of recurring revenue and strategic funding. It details the company's rapid growth to $2.2 million in recurring revenue through revenue loans and discusses the changing landscape of venture capital in relation to Salesforce acquisitions. The narrative highlights the evolution of their product capabilities and the innovative approaches taken in route scheduling optimization using modern technology.

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