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Steve Petersheim

8 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 7, 2023 by Steve Petersheim · across every show →

On the record as a speaker too: Steve Petersheim's record, appearances and statements → this page counts the times other people say the name.

Everything said about Steve Petersheim, oldest first

Oct 7, 2023 neutral
Disclosure
Petersheim: Manageable is run by non-technical founders contracting out all development
“Neither one of us is engineers. So we're non-tech founders, right? So we had to, we have to contract out all the development.”
Steve Petersheim Oct 7, 2023 ▶ 9:08 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023
Disclosure
Manageable's $37,500 initial seed money came from Petersheim's former employer
“37,037 1500 total... That was in 2019. So that was when I launched. Essentially, that was the initial seed money, which came from my former employer.”
Steve Petersheim Oct 7, 2023 ▶ 6:06 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023 positive
Disclosure
Manageable currently has exactly three paying customers and one free account
“So we have three accounts now, one free and three paying accounts. So we have a little bit of revenue.”
Steve Petersheim Oct 7, 2023 ▶ 3:57 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023 neutral
Disclosure
Petersheim: Manageable's three paying customers have 50, 20, and 4 seats
“So the first company is 50, then we also have one that's 20, and then a very small one that's four, so.”
Steve Petersheim Oct 7, 2023 ▶ 4:28 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023
Disclosure
Petersheim calls Manageable his final entrepreneurial venture and retirement plan
“This is my last go round. This one has to work, and this one is going to be my retirement plan so that I can help my kids.”
Steve Petersheim Oct 7, 2023 ▶ 12:25 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023
Disclosure
Manageable funded early development by selling annual subscriptions for unbuilt software
“We came up with an idea, we called it a pioneer plan. And so we hit our networks, our, you know, personal networks, and we offered everybody a deal. We said, look, if you are willing to pay for a year in advance, and we didn't even have the software built at t…”
Steve Petersheim Oct 7, 2023 ▶ 9:17 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023
Disclosure
Manageable's uncapped note has mandatory conversion at $300k raised
“We don't have a cap. We just have mandatory conversion which is if we, when we get to 300,000, then we have a mandatory conversion. Either 300,000 or December 31st 25 is our minimum... If I, if we raise 300,000 dollars, then that man, then that creates a conve…”
Steve Petersheim Oct 7, 2023 ▶ 6:37 Economics of a $37,500 Pre Seed Uncapped Convertible Note
Oct 7, 2023 neutral
Disclosure
Petersheim: Manageable charges $8 per employee per month
“So we are, our rate right now is essentially eight dollars per employee per month. So a 50 person company, Is going to be paying, you know, about 400 a month.”
Steve Petersheim Oct 7, 2023 ▶ 4:10 Economics of a $37,500 Pre Seed Uncapped Convertible Note
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