Arūnas Eitutis 🇱🇹 🇺🇦’s Post

View profile for Arūnas Eitutis 🇱🇹 🇺🇦, graphic

CEO at Frontu | ꜰɪᴇʟᴅ ꜱᴇʀᴠɪᴄᴇ & ꜱᴛᴀʀᴛᴜᴘꜱ

Failed to raise a round in the beginning of 2022. Converted this into 50% revenue growth and break even. 2022 began with: 📞194 VCs contacted (~120 cold, others I knew) ❌122 said NO 📵72 not responded Had super valuable conversations with Rando Rannus and Marili Merendi in TechChill who openly explained to me why Frontu (former Tasker) no longer fit the VCs model. 🙏🙏🙏 Moved to Plan B - Break even. And here comes THE TEAM 💪 who took full ownership and a mindset that customers are paying salaries for us. Closing a year with 30% customer's growth📈. And proof that lack of capital turns creativity on (©️ Rytis Lauris 🇺🇦). We are moving to year 10th of our "startup". And you need 10 years to build a business. Right?😆 (©️Mantas Mikuckas) Who brought us to this point? GRIT 🎯 (©️ Andris K. Berzins) Photo: we are on the top of Vesuvius. After 1 hour hike. All wet. In a huge wind. Still happy. #startuplife #grit #team #growth

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Vytautas Paukstys, Eskimi

CEO at Eskimi | Redmob.io | ActiveXT

1y

Congrats! Profit is the new cool! (Finally)

Alex Loukas

Managing Director at GrowthPoint Technology Partners

1y

Great job. Keep it going!

Marijus Andrijauskas

Early stage investor | Looking for tech founders

1y

That’s a spirit! Great example and inspirations for many who struggle, especially now. Well done ◽️ Arūnas Eitutis and team!

That`s the spirit! Camels are more valuable these days than unicorns! Full speed ahead 🚀

Inga Langaite 🦄

CEO at Unicorns Lithuania | Making Lithuania the best place in the world for unicorns

1y

Congratulations! Just yesterday told to journalist, that bootstrapped startups are not accidental but long term trend in Lithuanian ecosystem. What a nice proof! 🚀 🚀 🚀

Serhiy Tereshchenko

B2B SaaS / Scaleup / #standwithukraine 🇺🇦

1y

Superb photo to ilustrate the journey. Extra factor, from my perspective, having a CLARITY throught each step of the journey. Worth to mention - we are providing Frontu to our customers in Ukraine for free #standwithukraine

Nidas Kiuberis

entrepreneur | angel investor | coffee pro

1y

You’re absolutely right about 10+ yrs

Arunas Vismantas

🚀 eCommerce Expert | Entrepreneur | Digital marketing | Sales Funnels | Lead generation | Sales | Growth hacking | Startup management | Investments

1y

Well done man 🤘🤘🤘

Erika Maslauskaite

CEO & Co-Founder @deverium | Ambassador at WomenGoTech

1y

Uber proud ;)

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