Distro

12 statements across 2 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Jul 18, 2022 by Chad Ingram · said 41 times in 3 episodes since 2022 · across every show →

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brought up most by Chad Ingram (25), Nathan Latka (13), Nicolas Vandenberghe (3)

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Everything said about Distro, oldest first

Jul 18, 2022 positive
Assertion Not checkable as stated
Ingram: Distro nets $15k to $20k in monthly profit
“So we'll net, you know, 15 to 20,000 a month right now.”
Chad Ingram Jul 18, 2022 ▶ 8:07 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 neutral
Disclosure
Ingram: Distro requires no long-term agreements for hiring developers
“Once you make a hire that hires placed through distro, we don't have any like long-term agreements just to use your agreement.”
Chad Ingram Jul 18, 2022 ▶ 2:54 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 neutral
Insight
Ingram: Job ads attract weaker engineers; top talent must be actively recruited
“The problem is, is that only the less qualified people are applying. The really qualified people are happy where they are. They're being recruited.”
Chad Ingram Jul 18, 2022 ▶ 14:54 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022
Disclosure
Distro books full developer salaries as its own top-line revenue
“That would be top line. So that's the full marketplace charge. So like the full salaries and everything. So the way we recognize revenues, we take the whole thing in.”
Chad Ingram Jul 18, 2022 ▶ 5:58 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022
Disclosure
Ingram personally invested about $250,000 into Distro
“So about two 50 is what I said.”
Chad Ingram Jul 18, 2022 ▶ 9:41 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 negative
Opinion
Ingram: Traditional dev shops create lack of control and team misalignment
“And so but you know, that comes with a lot of disadvantages, like, you know, a lot, lack of control. You don't know you're hiring. They're not, you know, they're not like in your team infrastructure. They don't really understand the purpose of the products the…”
Chad Ingram Jul 18, 2022 ▶ 2:27 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022
Assertion Not checkable as stated
Ingram: Distro has 25 to 26 active developers placed
“So we are 25 or so, 25 or 26.”
Chad Ingram Jul 18, 2022 ▶ 5:43 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 positive
Assertion Not checkable as stated
Ingram: Distro is tracking just under $2 million in annualized run rate
“So we just, we're just a hair under two million of error currently.”
Chad Ingram Jul 18, 2022 ▶ 5:30 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 positive
Assertion Not checkable as stated
Ingram: Distro has had zero platform circumvention from clients or developers
“So all VCs I've talked to, even some customers that have asked us, well, you know, like circumvention is your biggest problem, right? Well, we haven't had that happen yet.”
Chad Ingram Jul 18, 2022 ▶ 15:54 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 positive
Disclosure
Ingram: Distro is targeting a $3M fundraise while profitable
“So we think that three will get us to where we need to go. We can definitely take a smaller number because, you know, a little bit more context, we're profitable right now.”
Chad Ingram Jul 18, 2022 ▶ 7:53 $0 to $2m in 6 months helping SaaS companies hire engineers fast
Jul 18, 2022 positive
Insight
Startups prioritize timezone over cost, shifting remote engineering to South America
“What we found is that it wasn't a money thing. Though they're saving money, they were really concerned about, you know, Just getting the right team members with the right experience and time zones. So we're finding that most of our customers right now are, and…”
Chad Ingram Jul 18, 2022 ▶ 12:04 $0 to $2m in 6 months helping SaaS companies hire engineers fast
May 3, 2023
What-if
Ingram: Spending a year building Distro's initial product would have killed it
“In the first few months we started building product, within, I don't know, six weeks or so, we learned that what we had already built needed to be deleted. What if we had built that for a year? We would be done. We would have already missed the boat.”
Chad Ingram May 3, 2023 ▶ 8:21 There's no one right way to get to an 8 figure exit. Here's how I did it
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