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Michal Sadowski

๐Ÿ‘ค Speaker
130 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

I'm not sure that we are getting close to 60K dollars a year per team member.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

Got it.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

Yeah, there's a lot of talented people here and, you know, I would have to calculate, but I'm not sure even I'm making that much as a CEO, to be honest.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

So, yeah, that's the beauty of the work right now that we can run this business with, let's say, Polish costs while charging in dollar.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

Yeah, again, we're very close to breakeven all the time because we had no external funding, so we had to be close.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

Again, we're not putting money away in the bank or in a safe or something because it's not a time to put money away.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

We reinvested back into the company, but we are mostly bootstrapped, as I mentioned.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

2017, we finished at 2,000 or 2,100 customers, more or less.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

It was in dollars.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

It depends on the price of the dollar versus Zlata.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

It was 7.5 million Zlata in revenue, which is...

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

roughly $1.8 million or something like that in total revenue.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

It's not run rate.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

It's, uh,

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

It's just the total revenue.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

If I were to multiply the December times 12, it would be much more, I guess.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

All the data, I can send you the public information because we did IPO in January.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

So all the last year's financials are public.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

Okay.

SaaS Interviews with CEOs, Startups, Founders
1421 How He IPO'd $2m ARR Company on Polish Exchange

Yeah, I'm sure that for NASDAQ, you would have to do that.