Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Nathan Latka

๐Ÿ‘ค Speaker
224696 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

Was it a process or an actual data set?

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

So fast forward to today, you've grown this thing.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

You bought it for $200K cash plus $800 seller's note.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

What's revenue today at TitanX?

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

And did you get creative on this acquisition?

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

If it's, you know, what is it, 10 million acquisition, a million upfront, or how do you structure it?

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

Because I want to, first off, it's very rare to find a founder that's as transparent as Joey.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

So I'm going to really push on this.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

One of the things that I see founders, they're just making a mistake right now is, you know, we want to raise external capital.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

People say, Nathan, you just hate VC.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

That's not the, that's not true.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

What I actually am saying is if you're going to go give up control, take cash as well.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

Don't give up control and cash.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

So like Joey gave up some control here with the series A, but he also got paid.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

He got his first bite.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

I mean, I don't know, Joey, what your personal net worth is, but I imagine 10 million secondary is meaningful for you.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

So let me ask you a question.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

You raised the $27 million at what valuation?

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

The reason I'm bringing this up is this is a really cool arbitrage here.

SaaS Interviews with CEOs, Startups, Founders
How TitanX Hit $9.7M ARR After Buying IP for $200K

Mostly public companies do this, but you're doing it in a private markets.