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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

So most people are like what you are and not like what you went and acquired.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

So you acquired the bottom up motion.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

So walk me through how you used your top down genes that you were good at to grow the PLG business to from 1.5 to 5 million in AR over the past, I guess it would have been 18 months.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Oh, it's in Tunisia.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Tunisia.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Oh, got it, got it.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Sorry, I dropped out.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

A lot of people in here may have been approached by bigger companies that say, we want to buy you.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

We'd like to buy you for $10 million, but we're going to do something out of earn out.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

And the second they hear, you've got to hit these revenue milestones to earn the earn out, they go, I'm never going to see this money because you control the business.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Aren't you a little disincentivized to see, Casper?

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

I'm wearing the devil's hat here.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

aren't you disincentivized to see it grow because you don't want to pay the extra 80% of the sale price?

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Well, guys, this is pretty impressive.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

I mean, you effectively negotiate if a company is doing, you know, 2.2 at acquisition price and you pay 10%, 20% of 20 million is upfront cash, right?

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

That's $4 million.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

You basically paid your risk upfront in terms of cash outlay was like a 1.9X amount.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

or something like that.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Yeah, very low risk.

SaaS Interviews with CEOs, Startups, Founders
Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Now, some other folks, anyone else?