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Nathan Latka

๐Ÿ‘ค Speaker
223533 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

But I do, for those wondering and saying, man, I want to build Bootstrapped like Calum.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

It sounds like, and correct me if any of this is wrong, but to summarize, your order of operations was basically building

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

you start off with viral coefficient using Twitter to get reviews, which then started fueling your programmatic SEO strategy on the review pages.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

And once those were working, you moved on here and got pretty aggressive on LinkedIn ads and Google ads to the tune of about half a million votes per year.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

Is that sort of the right order of operations?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

Exactly.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

That's great.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

So you sell the business for $82 million cash.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

Just any lessons, maybe just one lesson that you want to leave, the biggest mistake you made in your negotiations during the exit process.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

What was upsetting post-close?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

So there wasn't any part of the $82 million deal that you had to hit an earn out.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

It's not like you made less because the company screwed up once you sold it to them, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

So total cash stifling for you and your team, again, was that full 82 million bucks cash?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

It's the common theme you see, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

A private equity firm gets behind a company.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

They say, Mr. Company or Mrs. Company, go buy a bunch of other companies.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

That's what a private equity firm is supposed to do.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

You know, you will aim them because you need obviously your stuff.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

What is like AppHub and Silversmith, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped to $82M: How Callum Mckeefery Built Reviews.io from His Kitchen Table

So Silversmith puts 60 million bucks into AppHub.