3 months, 50 emails, 36 investors, 1.3 million bucks. It is no secret that SaaS debt funding is a tough nut to crack, but Rand Fishkin just proved otherwise in such a short amount of time.
After 17 years as co-founder and CEO of Moz, Rand Fishkin continues to bring his brilliance to this world through his new venture, SparkToro. For this project, he hustled his way through SaaS debt funding without taking on the traditional venture path. He has just proven that a funding structure can be more sustainable and profitable for long-term business, aiming more to be a zebra than a unicorn.
In this episode, Rand shares how he conquered SaaS debt funding for SparkToro. Through this, he wants to promote a healthy economy where small to medium businesses can thrive. It may not follow the common venture path, but it does not mean it is less ideal and profitable. His funding method could just be the brightest new idea for aspiring startup founders who are still finding their groove.
Tune in to this episode to learn more about SaaS debt funding, the Rand Fishkin way.