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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

And where did most of that growth come from?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

You know, doing a lower ARPU high volume approach relative to landing a Coca-Cola.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

It's a very different sales motion.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

But Andre, isn't the knowledge graph only as powerful as the data set that you feed it in the sample size of that data set?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

And isn't that directly, I mean, if the customer that signs up for your tool doesn't have a large data set to feed it, your knowledge graph is going to be really poor for that customer.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

And so with that headcount expense, obviously, you know, you pay that out of your monthly recurring revenue.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Is the company profitable today?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Are you burning that money?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Okay, so 38% on 200K of MRR would mean you profited something like $70,000 in August.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

So does that mean you still have the full $800,000 pre-seed from last year in your bank?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

And you mentioned your own salary.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

A lot of founders are not quite sure what to pay themselves.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

So when you say you pay yourself, quote, a low salary, can I ask what that is and how did you come up with the number?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

No, you're going to ask.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Kind of, I mean.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Yeah, but you own, obviously you, I mean, are you sole founder?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Do you own a hundred percent of the equity?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Yep.

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Did you split 50-50 at the start?

SaaS Interviews with CEOs, Startups, Founders
AI Tool Profited $70k Last Month on $195k of Revenue. Plans to hit $3m ARR By December then Raise $5m.

Yeah, pretty much.