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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Do you remember the use of capital?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

I understand the business has changed, but do you remember or are you comfortable sharing sort of the use of capital back in 2021 and how that helped you change or pivot the business?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Okay, great.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So fast forward to today, you're using capital to invest in obviously paid ad spend.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

You've grown the business.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So you're at 6 million today.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Do you remember what revenue was back in 2020, 2021 when you first started at FounderPath?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Mm-hmm.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Okay, so you've grown the business from three to six without having to give up equity.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

What is that?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

Like, how do you think about a lot of, David, a lot of founders like don't think about what their equity is worth.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

I mean, how do you think about the sort of equity you've been able to save by using venture debt?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

I can feel it in your energy.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

You're not, you know, you're not stressed.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

You're building a sustainable company.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

We obviously love that.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

I also know David, you, I mean, you did your research, you know, about the different venture debt options, not asking you to obviously throw anybody else under the bus or even name them.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

But when you looked at all the options, why did you decide to go with founder path and what'd you like or dislike about the process?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

So I shouldn't start wearing a suit, huh?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapper Made $6m Last year Using New Self-Funding Method

That's awesome.