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Garg Paid for Eka's First $350K Dev Contract With $250K in Equity

Manav Garg · These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show · Jul 12, 2024 · at 20:53

Manav Garg, founder of Eka Software and Together Fund, explains how he bootstrapped early software development by trading equity instead of paying entirely in cash.

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“So I actually, my first contract I signed was three 50 K services outsourced to Trigen technologies in Bangalore. Three 50 K contract, a hundred K in cash, two 50 K in equity.”

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More from Manav Garg

Prediction Open · timeframe Dec 2032
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Prediction Not checkable as stated
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Assertion Not checkable as stated
SaaS Requires $125M to Hit $100M ARR Versus $250M for Fintech
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Insight
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Prediction Not checkable as stated
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Prediction Not checkable as stated
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