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From a Drunk Night Out to a $30M+ Startup Exit - Nick Telson (DesignMyNight, Trumpet) | E69

The Founders Lounge

CHAPTER

How to Exit a SaaS Business

We only ever raised half a million so from six angel investors. Then that year we discovered the idea of the software and they put another 250 in to sort of help fuel the software business. On our exit dinner when the angels took us out for dinner they put up our original business proposal for the first round of funding on the screen but there was no mention of software obviously. They said we just knew you two would land on something that your customers would want and that's what we were betting on not the original idea that you pitched us interesting.

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