DevStride
company on 1 show · 8 statements across 1 episodes · said 11 times in 1 episodes since 2022
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2022 11 mentions in 1 episode
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8 statements about DevStride, every show
Reynolds: 150 former engineers requested to join DevStride when hiring opens
“I have several hundred engineers that were on my payroll before and a 150 of them have reached out and said, Hey, as soon as you can hire me, please do.”
Reynolds: DevStride keeps software development fully in-house at early stage
“Development we keep totally in house. I do not fully trust development to go out the door at this early stage.”
DevStride split equity 50-50 between cash-funding and engineering co-founders
“And so the way we set it up there's myself, my wife Kui Tim Hoja and another gentleman, Aaron Salaf, who are the founders. There's four of us and the two of us kicked in the cash. We took 50% of the equity. The other two of them really brought a lot of additio…”
Reynolds: $500,000 angel check was 5% to 10% of liquid capital
“That's probably, that's five to 10% of the total amount of liquid capital I have available.”
Reynolds: Advisory boards convert enterprise experts into early adopters
“We set up some advisory boards and I strategically invited some people to that advisory board that I knew might be future users of my software. Number one, because they're experts in the space and they know how to advise and guide the team on building the best…”
DevStride raised a $3.3M pre-seed at an $8M pre-money valuation
“So we raised that at an eight million dollar pre, and so we negotiated the pre to be stable, and then the amount we raised would be the amount that we diluted beyond that.”
Reynolds: ClickUp and Monday.com only solve task-list project management
“And what that really means is what makes it different from, I know you've had Zeb on before with ClickUp and ClickUp's an amazing product. Monday's an amazing product. They're all amazing. They're all solving a different problem than we are. They're solving so…”
Reynolds: Enterprise software cannot be effectively built with small bootstrapped teams
“Those enterprise customers need enterprise features and it's just really difficult to build that with, you know, two or three people bootstrapped in a garage somewhere. You need real, you know, professionals with real resources, real access to customers.”