The SaaSiest Podcast

60. Erik Holm, CFO, Planhat - Bootstrapping to VC funded, when is the timing right for this transition?

Dec 22, 2022

35:18

Creator website

AI Chapters

Episode notes

Introduction

2min

Planet: A Customer Platform for Modern Companies

4min

How Fast Are You Growing on an Early Basis?

3min

How to Bootstrap a SaaS Company

3min

The Difficulty of Starting a Business

4min

The Importance of Focusing on Your Passion

3min

How to Raise Money for a CRM Company

2min

How to Take Control of Your Sales and Make Your Competitive Advantage

4min

The Importance of a Small Group in a Startup

4min

10.

Building a Partner Model for Planet

2min

11.

The Future of Databricks

2min

12.

How to Take in Money in a SaaS Company

3min

In this episode we speak with, Erik Holm, CPO, Planhat, the customer platform built to give insights, manage workflow and drive customer experience.

We talk with Erik about the timing to go from bootstrapped to VC funded, specifically about:

- What made you decide to take in VC money - which were the main trigger points
- What was most difficult in the transition from Bootstrapped to VC funded
- How does this change your business, internally as well as externally
- What are the pros vs cons of being bootstrapped vs VC funded

These are some of the questions Erik addresses, tune in to learn from this journey if you are bootstrapped and considering taking in VC money.