Nathan Latka
👤 SpeakerAppearances Over Time
Podcast Appearances
I got to make all these pieces fall in place.
What were you thinking?
So, Tim, reading between the lines there, you mentioned the dividends from your prior companies.
Did you use 100 percent of your own capital for deploy bot in 2018?
Yeah.
A hundred percent.
Yeah.
I mean, you're obviously in a great position.
You've had operational success that's translated into cash success.
You're reinvesting that cash in your first deal.
Your first deal is a hundred percent yourself.
Walk me through what you mean when you say you lined up financing sources in 2020.
What was that round size?
That was about $25 million.
And why go that route?
You're obviously individually wealthy yourself.
Were these really strategic people that you wanted aligned with SaaS Group, or why do the deal?
It also keeps you on your toes.
Okay, and people might be hearing you say, okay, we sold single digit percentage for 25 million, but they might be thinking, of what?
He's got 20 companies.