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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

One of the things Mark talks about in his letters is he says we empower the leadership groups with the subgroups.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So Juniper Group and then you down as the individual CEO with real profit sharing to keep you excited to get the first dip, the second dip, the triple dip over time.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

How does that funnel down to you and your team members in terms of revenue share?

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

And Sanjay, we want you to build this profitably, that kind of thing.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Before you sold the company, so in 2022, I mean, what was your profit margin end of year?

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Are we talking like 10% or like 50, 60%?

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

No, so we try to operate around 30%.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Okay, 30%.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

That's bottom net income, right?

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Bottom, bottom line net profit.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Yeah, that's great.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Well, congratulations.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

That's excited to get the close done and eager to watch you grow inside of Constellation.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

On that note here, Sanjay, let's wrap up with the famous five.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Number one, your favorite business book.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

uh not business book but my favorite book is good to great number two is there a ceo you're following or studying it can't be part of constellation uh yeah so you know i think i have learned most of the things from uh mahendra who was the ceo of taviska uh where i worked earlier number three what's your favorite online tool for building bravo tech uh zoho number number four how many hours of sleep do you get every night sorry say that again hours of sleep each night

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Six to seven hours.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Okay.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

And situation married single kids.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Yes.