301: How Raj Sheth Went from Growing to Buying SaaS Companies - with Raj Sheth
Nov 30, 2021
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Raj Sheth, CEO of Decalab, discusses acquiring and growing SaaS businesses, lessons from failed ventures, and the success of RecruiterBox. He shares insights on transitioning business models, acquiring companies like Fly Data, and entrepreneurial opportunities with Bupas.
Raj Sheth's success lies in acquiring struggling startups to revamp and grow them efficiently.
Lessons from failed B2C ventures taught Raj valuable insights that led to founding and selling successful B2B SaaS product.
Deep dives
Raj Sheth's Acquisition Model
Raj Sheth, founder and CEO of Decalab, explores his acquisition model where his company buys underperforming startup companies to revamp and grow them efficiently. His successful acquisition of Fly Data showcased his strategy of acquiring struggling businesses and turning them around.
Raj Sheth's Past Startup Failures
Raj reflects on his earlier failed B2C startups in Craigslist for India and a high-end diamond jewelry marketplace, emphasizing the valuable lessons learned from these unsuccessful ventures.
Co-Founding RecruiterBox
The journey of co-founding RecruiterBox highlights Raj's perseverance in the face of initial failures. The B2B SAS product grew steadily, reaching over four million dollars in ARR with around 3,000 customers and was eventually sold to a private equity firm after seven years of dedicated efforts.
Exploration of Growth Strategies
Raj delves into the growth strategies employed in building RecruiterBox, including utilizing SEO, paid media, and directory listings. He emphasizes the importance of continuous learning and adaptation in the ever-evolving startup landscape.
Raj Sheth is the founder and CEO of Decalab, a SaaS factory' that buys SaaS businesses that are doing between $1M and $3M ARR and helps them to grow faster and more efficiently.
Show Notes:
https://saasclub.io/301
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