Founder Interview Video
How TerminusDB Doubled to $20K MRR and Raised at a $10.5M Pre-Money Valuation (Interview with Co-Founder Luke Feeney)
Chapters
- 0:00Introduction and Luke's Background
- 0:30Origin Story: Trinity College Spinout
- 1:45University Equity Negotiation
- 2:29Cap Table and the 2018 University Bridge Fund Round
- 3:16Round Size and Pre-Money Terms
- 6:40Target Customers: Bottom-Up Developer Strategy
- 8:08From Enterprise Installations to Open Source
- 9:01Cloud Users, Downloads, and Paying Customers
- 9:21Freemium Model and the Three-Seat Upgrade Trigger
- 11:02Revenue and Year-Over-Year Growth
- 11:39Seed Round with Volta Ventures and Valuation
- 13:41Series A Thinking and Platform Metrics
- 15:24Team Size and Dublin Engineering Costs
- 16:25Famous Five Rapid Fire Questions
- 17:36Closing Recap: The Numbers