4.6 • 683 Ratings
🗓️ 23 January 2020
⏱️ 14 minutes
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Recovering lawyer (degrees from Universidad Francisco Marroquin in Guatemala and Duke in the US, accredited to practice in Guatemala and NY). Investpreneur (investor and entrepreneur). Co-Founder at Nahual Ventures, ExeBoard, Edoo, and SoyFri. Dreamer. Guatemalan born and living in New York. I serve as Board Member in my family's business since 2015, as well as in the Guatemalan Stock Exchange, two startups, and Fundegua, a Foundation I co-founded aimed at promoting culturally and research driven aid in education and health in Guatemala and as a Trustee at Universidad Francisco Marroquin. This experiences gave me the insights and understanding to co-found ExeBoard.
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0:00.0 | Took up a board seat at his father's company after he sadly passed away and realized there was a need for kind of a board management system. |
0:06.4 | Launched Exa Board back in 2017, scaling nicely 60 customers paying about $800,900 bucks a month. |
0:12.0 | So 50 grand in monthly recurring revenue right now from zero just a year ago. |
0:15.5 | Cashville positive bootstrap, team of 17 between Guatemala and New York. |
0:19.9 | Too early to talk about economics, but they do |
0:21.7 | have 0% churn right now as they continue to scale. Hello, everybody. My guest today is |
0:27.0 | Andre Rodriguez. He is the founder of a company called Exa Board. Also recovering, or sorry, exa board. |
0:31.6 | He's a recovering lawyers, got degrees from the University of Ad Francisco in Guatemala and Duke in the |
0:36.2 | U.S. accredited to practice in Guatemala |
0:38.1 | and New York. He's an investorpreneur, which is obviously an investor and entrepreneur, co-founder |
0:41.7 | at Nahal Ventures, Exibord, Aidu, and Soy, Fry. Is a dreamer Guatemalan born and living in New York, |
0:48.1 | Andre, so you're ready to take us to the top? Let's do it. All right, so let's focus on Ex-Board for this call. Tell us what the company does and how you make money. |
0:55.7 | What's your revenue model? |
0:56.7 | Excellent. |
0:57.7 | So Ex-A-Board is started as a board of directors management platform to run boards. |
1:02.5 | And now it's stayed on that, but we also do more of management roles. |
1:06.6 | So we sort of added features around managing the company from a C level level. |
1:13.3 | It's basically a subscription model, a yearly, yearly per client, and that's it. |
1:19.1 | Okay. So what are people paying on average per year for this? |
1:22.1 | About $10,000 a year. |
1:23.6 | Okay, got it. And when you say, like, some people have boards, some people don't have |
1:26.5 | board. So some people know the pain. Some people don't know the pain. So, I mean, you know, |
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