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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

Which is it?

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

Yeah, but if they're paying $100,000 per year and you're billing an annual plan, that's $8,300 per month, right?

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

They're paying some portion up front, I imagine, correct?

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

Not the whole thing, but some portion.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

I don't necessarily care when the cash is hitting, but if you're doing about $350,000 per year right now, that means you're doing $30,000 per month.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

And of the $30,000, there's three customers paying $8,000 per month.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

Those $8,000 add up to about 80% of your total monthly revenue today.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

Is it accurate?

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

I'm not following that, but it's not valuable.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

I think my audience, we're going to move on.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

Sure.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

I mean, no, I don't know what's complicated about it.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

They're paying you $100,000 per year.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

It's $8,300 per month.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

They get 5,000 or 25,000 messages or a million messages per year.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

You're billing it.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

There's a setup fee up front.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

It's usually pretty straightforward.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

But we can skip over that for now.

SaaS Interviews with CEOs, Startups, Founders
18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued?

It's no big deal.