Founder Interview Video
How RambleChat Grew to 50 to 100 Customers Before Being Acquired in 2020 (Interview with Co-Founder and Former CEO Justin McDonald)
Chapters
- 0:00Introduction and Background
- 0:56Joining as Co-Founder Pre-Revenue
- 1:39Why the Original Team Struggled to Get Revenue
- 2:23Cap Table and Prior Funding History
- 3:58Raising $250K and Staying Bootstrapped
- 4:18What RambleChat Sold and Average Deal Size
- 5:24Team Size, Profitability, and Customer Count in 2019
- 6:26How the Terminus Acquisition Came About
- 7:33What Drove the Acquisition Valuation
- 8:30Deal Structure and Investor Outcomes
- 9:04Why McDonald Stayed at Terminus Post-Acquisition
- 12:14Future of Conversational Marketing at Terminus
- 12:58Famous Five Rapid Fire Questions