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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

So the rest was just you and your co-founder putting in sweat equity?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

Did you guys split equity evenly at the start, 50-50?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

And how much of the company did you sell for the $255,000?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

10%.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

Did that make you nervous at the time?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

That's great.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

So what is the split now?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

10% investors, what, 40% you, 40% your first co-founder and maybe 10% for the late co-founder, something like that?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

Any plans to raise more capital or you're good for a while?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

And how many paying customers do you have today?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

And how many seats do those 11 companies pay for?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

That's great.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

So 11 customers paying $260 per month on average would mean you're doing about $3,000 per month right now on revenue.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

Is that about right?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

That's right.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

And one year ago today, so July 2022, you were doing zero, right?

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

Zero.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

which is easy when you're dealing with small numbers.

SaaS Interviews with CEOs, Startups, Founders
Startup Hits $3k MRR by selling through podcasts. $2.5m Valuation on $255k Pre-Seed too expensive?

But if you keep that up for a long period of time, that becomes very interesting.