#77: Building a Crypto SaaS with a Two-Person Team with Bassil Eid & Selem Essaied from Breezing

For the past 2 years, downsizing has been rampant across the board at companies embracing AI. According to Techcrunch, in 2024 alone, there have been more than 130,000 job cuts across 457 companies, from tech giants like Google, Salesforce, Dropbox, Microsoft and Consensys. If existing companies are slashing their workforce, the new startups are also leveraging AI to build a lean workforce. For the past year and a half, Breezing, a crypto subledger, has been quietly hustling, shipping products and onboarding customers - with just two people running the entire show. I spoke with Bassil Eid, the CEO of Breezing and Managing Partner at Detof, a crypto accounting firm, and Selem Essaied, their CTO. Some of their customers include industry-renowned names like SAFE, SingularityNET, Zerion, and well-known accounting firms like Harris & Trotter, Myna, R3gen and OnChainAccounting. ✅ OUR RESOURCES ✨Become a confident Web3 Accountant with our weekly free newsletter: https://www.theaccountantquits.com/newsletter 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy  ✊ Follow The Accountant Quits on Socials 👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits  👉 Twitter(X): https://x.com/accountantquits  👉 YouTube: https://www.youtube.com/@theaccountantquits  🎙️ Follow Episode GuestsLinkedin: https://www.linkedin.com/in/bassil-eid-7701a822/  LinkedIN: https://www.linkedin.com/in/selemessaied/  🎧 Website For show notes and past guests, please visit theaccountantquits.com/podcast/ Topics Covered; (0:00) Coming Up (1:13) Episode intro (2:59) Creating a billion-dollar company using AI (6:42) Building a subledger with a 2 person team (11:27) Finding the right investors (13:39) Using different subledgers & running an accounting firm (17:20) Thanks to our sponsor Request Finance (18:59) Features subledger should do well (22:45) Running own nodes v/s using 3rd party node providers (26:03) What accountants want in a subledger (28:02) Should subledgers offer invoicing, payments (32:56) Accounting firms contributing to build Breezing (34:45) Shoutout to accountants (37:06) Learnings from startup failures (40:35) Breezing’s wow features (43:42) Closing invoices without a clearing account (46:42) Breezing’s pricing (49:03) How Bassil keeps learning crypto accounting (53:29) How to be a good subledger salesman (56:16) Favourite maxim (59:47) Reach out to Bassil