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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

So I guess, how do you fund their salary if you're only doing $5,000 a month in revenue?

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

How much, AZ, how much of your own money have you put in the company?

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

That's awesome.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

All right.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

So you put in 45,000 of your own money.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

Now give us some context.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

I mean, is that like your whole net worth?

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

Is that 100% of your savings or do you still keep some back as a safety net?

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

This is awesome.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

And if you keep growing and you don't want to raise equity, like you want to keep your equity, I mean, FounderPath is a non-dilutive fund.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

So if you've got $10,000 a month in revenue, we can fund and give you up to $60,000, like 6X of your MRR.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

So if you ever want to go that path, let me know.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

Yeah, so you'd talk directly.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

I'm the founder of the company.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

We're learning how to do these deals in new countries.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

So it's a $150 million fund.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

I would work with you directly.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

We would figure it out together.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

I mean, I got burned in my first company.

SaaS Interviews with CEOs, Startups, Founders
Nigerian Founder Uses WhatsApp Group to Go $0 to $60k in 5 Months for Testing Tool

I sold equity too early and I regretted it.