“The friction point of adding a URL, the friction point of adding your payment processor,
The friction point of paying a SaaS fee, the friction point of designing your e-commerce store, all of these friction points compared to what they already had were too high.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Kyle Braatz
AssertionSupported
80% of US healthcare practitioners recommend supplements to their patients
“And if you look across the U S for example, 80% of practitioners recommend supplements to their patients.”
Kyle BraatzMar 8, 2024▶ 3:19Every VC Rejected Him. So He Bootstrapped From $0 to $10M in 3 years | Kyle Braatz, founder of Fu... · PMF Show
PredictionHeld up
Fullscript will reach $900M in 2024 revenue with 800 employees
“Like, you know, we'll do a, call it, nine hundred million dollars in revenue this year with, you know, 400 teammates that are driving that from a knowledge worker play, you know, perspective and 400 distribution workers.”
Kyle BraatzMar 8, 2024▶ 16:11Every VC Rejected Him. So He Bootstrapped From $0 to $10M in 3 years | Kyle Braatz, founder of Fu... · PMF Show
Disclosure
Fullscript raised just $2M in angel funding before scaling massively
“Down there I ended up raising, you know, one, almost, almost two million dollars from a few angels, but really that was the only funding we raised throughout our, you know, our kind of life cycle of building this.”
Kyle BraatzMar 8, 2024▶ 34:34Every VC Rejected Him. So He Bootstrapped From $0 to $10M in 3 years | Kyle Braatz, founder of Fu... · PMF Show
AssertionNot checkable as stated
Fullscript serves over 100,000 healthcare practitioners and 6 million patients
“Servicing over a 100,000 practitioners and six million patients, Fullscript's the leading tech platform for practitioners to prescribe and manage treatment plans for optimal health outcomes.”
Kyle BraatzMar 8, 2024▶ 1:17Every VC Rejected Him. So He Bootstrapped From $0 to $10M in 3 years | Kyle Braatz, founder of Fu... · PMF Show
Disclosure
Fullscript was built as Shopify with pre-integrated healthcare products
“Why don't we solve that problem by rebuilding Shopify with the products and the distribution already built in? Because we already know the product set that a practitioner requires. And that's basically what we did.”
Kyle BraatzMar 8, 2024▶ 5:31Every VC Rejected Him. So He Bootstrapped From $0 to $10M in 3 years | Kyle Braatz, founder of Fu... · PMF Show
Disclosure
Fullscript funded its early operations using profits from Braatz's agency
“So, you know, we funded a lot of full script with simple stories. So we have that service based business, everything we'd, we'd earn would go right back into full script.”
Kyle BraatzMar 8, 2024▶ 12:30Every VC Rejected Him. So He Bootstrapped From $0 to $10M in 3 years | Kyle Braatz, founder of Fu... · PMF Show
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