In this enlightening episode of the 'Finding Success' podcast, we dive into the challenges and triumphs of founding a SaaS startup abroad. Our focus is on the intriguing journey of PromoRepublic, a Finnish SaaS company making significant strides in the US market. This story is not just about geographical transitions but also about strategic pivots and growth models specifically tailored for the demanding US market.
Today's guest, Ukrainian entrepreneur Max Pecherskyi, CEO & Founder of PromoRepublic, shares his insights with Antti Pietilä, CEO & Founder of Loyalistic and host of the SaaS Finland club. Max's narrative begins in Kyiv, simmers in Tallinn, and fully materializes into a thriving business in Helsinki. The decision to establish in Finland, despite the US being the primary market and the founders' unfamiliarity with the Finnish landscape, makes for a compelling discussion.
We'll explore the supportive and dynamic Finnish Startup Ecosystem, revealing its unique attributes through the eyes of a Ukrainian founder. While many success stories emerge from Finnish entrepreneurs, Max's perspective provides a fresh lens on how the ecosystem's various components contribute to the success of SaaS startups.
The episode also chronicles PromoRepublic's evolution through three pivotal changes and multiple funding rounds. We'll uncover the transformative effect of an AppSumo promotion, which skyrocketed PromoRepublic's revenue and customer base in mere weeks. Additionally, we discuss the game-changing impact of strategic hiring, exemplified by a crucial addition from a competitor.
Join us on this journey of entrepreneurship, innovation, and cross-cultural navigation. Listen to the podcast on your preferred platform and dive into the world of PromoRepublic – where ambition crosses borders and dreams take flight.
You can listen the podcast in the following podcast platforms: