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SaaS Interviews with CEOs, Startups, Founders

Can this company leverage 250 engineer beta testers for bug testing tool to close $3m pre seed round?

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 29 September 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

Mobile bug testing company got 20 companies and 250 engineers using their platform to identify 50 bugs per week. Question is, can they convert these users into real paying customers? They quit their full time jobs in June and hope to have revenue by this December. 

Transcript

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0:00.0

You are listening to conversations with Nathan Latka, where I sit down and interview the top

0:09.8

SaaS founders, like Eric Wan from Zoom.

0:13.6

If you'd like to subscribe, go to getlatka.com.

0:17.7

We've published thousands of these interviews, and if you want to sort through them quickly by

0:21.8

revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to

0:27.4

gitlatka.com and use our filtering tool. It's like a big Excel sheet for all of these

0:31.9

podcast interviews. Check it out right now at gitlatka.com.

0:43.8

Quashbugs.com currently helps 20 companies and 250 engineers identify on average 50 bugs per week, which they can then go smash or quash, as the URL says.

0:48.1

The company today is seeking $500,000 in a pre-seed round out of 3 million post money

0:52.4

valuation.

0:53.4

That means they want to sell 15% of the company. There's three co-founders, two others building this so far. Again,

0:58.5

the goal now is can they convert these free beta users into real paying customers? We'll see

1:03.0

if they can do it over the course of the rest of the year.

1:06.1

Hey folks, my guest today is Amir Hamza. Graduating with an interaction design degree from India's top school,

1:11.2

he first ventured into Honeywell as a product designer. After spending two years there,

1:15.1

leading to design and user strategy for multiple products, he launched his own product design agency

1:19.4

along to his current co-founder, Prakar. They built multiple products zero to one for clients in the

1:24.5

agency. And from there, they came together as three co-founders to build quash, a platform to make

1:28.8

mobile testing faster and easier.

1:31.4

Hamsela, you ready to take us to the top?

1:33.6

Yes, that's cool.

1:35.1

Honeywell, you know, people think Honeywell, they think physical products.

...

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