Paddle founder Christian Owens explains how he structured initial founder equity with his co-founder Harrison when starting Paddle.
0:00 / 0:08exact quote · 8.7s
720p mp4 · rendered on demand · StarZero watermark
“I think I don't even remember what the initial kind of equity split was. It was sort of like two thirds, one third or three quarters, one quarter or something like that.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Christian Owens
AssertionNot checkable as stated
Owens: Paddle has lost only 8 customers to churn in 7 years
“If we look at logo churn, we have Sort of 900 customers today. And like we've lost in terms of actual churn eight customers in seven years.”
Christian OwensJan 26, 2020▶ 11:541646 Why 900 SaaS CEO's Put $200m in ARR Through Him Every Year
AssertionContradicted
Owens: Paddle at least doubled revenue from 2020 to 2021
“It was really high. Like it was because it was a sort of a little bit of a COVID aberration. Because we were, we saw like the tailwinds of all of that. We at least doubled the business like kind of over that kind of period of time.”
Christian OwensJun 27, 2022▶ 42:33Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
What-if
Owens: Paddle might have raised at a $3.5B valuation two months earlier
“Two months earlier and we might have raised it like a three and a half billion dollar valuation.”
Christian OwensJun 27, 2022▶ 1:16:38Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
What-if
Owens: The ProfitWell acquisition likely wouldn't have happened two months later
“Two months later, I think the deal might not have happened like at all.”
Christian OwensJun 27, 2022▶ 1:16:48Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Insight
Owens: Expanding Paddle to gaming is simpler than physical D2C e-commerce
“The step for us between do we do this for SAS business and do we do it for a game is sort of fairly short versus the step of like, do you do it for SAS business? Do you, versus do you do it for Glossier or like kind of like one of these sort of D to C e-commer…”
Christian OwensJun 27, 2022▶ 1:24:30Details of $20m Revenue Profitwell and $55m Revenue Paddle Deal and what led to the $200m Acquisition
Disclosure
Owens: Paddle charges a flat 5% fee across all volume
“So we charge a flat five percent across everything.”
Christian OwensJan 26, 2020▶ 2:331646 Why 900 SaaS CEO's Put $200m in ARR Through Him Every Year
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.