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Nathan Latka

๐Ÿ‘ค Speaker
223533 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

You don't have all the old people still having a small slug on there or something, do you?

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Yeah, yeah, pretty much.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Okay.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Okay.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

All right.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

So that's the bankruptcy route.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Other deals you've done, some of them actually we've had on the show.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

So I remember we had dashed this on back in 2022, 2023.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Oh, you did?

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Yeah.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

They were really proud of the fact that their paid marketing was working.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

They were spending about $50,000 a month on paid.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

What did you see when you looked at that business and why'd you end up doing the deal?

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Well, it's a great business.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Yeah, they said when they came on, again, this was January 26, 2022, that they were spending $440 on CAC to get a customer that would pay on average $135 a month.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

So they had about a five month payback.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

And you're saying one of the values you brought is you saw opportunity to basically make those economics, you know, 100% better, cut the cost in half.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

Yeah.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

That's great.

SaaS Interviews with CEOs, Startups, Founders
The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people

They had 2,600 customers.