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Nathan Latka

๐Ÿ‘ค Speaker
224696 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

So if my data shows December 2020 ending with about 187 million bucks of revenue, what happened to Boxed?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

So what that ultimately grew, again, I only have 2020 data from the S1, $187 million top line, but the gross profit was $25.9 million.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

Because obviously, your cost of goods sold is you got to move the merchandise, right?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

So was that a good margin profile back then?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

How did the SPAC, how did the S1, how did the public filing go?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

And Jared, a lot of people like even today are playing this game, right?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

Raise as much capital to go as big as you can IPO.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

And then you just say, you know, I'll make a lot of money when we IPO.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

How much equity did you own when you guys went public?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

We're looking right now at the S1 filing, the key ownership percentages.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

It looks like you're at about 1.7 million.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

Yeah.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

Yeah.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

You're at about 2.6%.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

How much equity had you guys raised up to this date?

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

Guys, remember, I am not just a YouTuber.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

I'm investing in my third fund.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

We've deployed $250 million into 550 software companies so far.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

Again, at founderpath.com.

SaaS Interviews with CEOs, Startups, Founders
From $187M Ecommerce to $5M ARR SaaS: Spresso's Post-Bankruptcy Pivot to Enterprise Software | Jared Yaman

If you're interested in capital, I would love to cut you a check because I know you're investing in your education.