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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

I mean, you have to pay yourself salary.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

You have to pay rents and things like that.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

How do you do that?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

Okay, I guess, sorry.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

So you use the earlier version of the app that you built to fund some of your expenses.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

That has some revenue.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

How much revenue does that have?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

Okay, that's great.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

And do you have a co-founder on the business or is it just you?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

So Mateus, just to go back to, so the company has been making since 2020 about $1,000 per month on this first version of the application.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

You've now launched a B2B version, which is AI enabled, and that is free revenue, no customers there.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

It's really hard to support two people on $1,000 a month.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

So have you and your co-founder both kept side jobs or something to pay your bills?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

You've already closed that round or you're currently raising it?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

And what are you learning from the market today?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

Are they giving you the valuation that you want?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

What behavior are you watching on the free version that gives you confidence that you can charge for this tool?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

I see.

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

So when do you plan to launch a pricing plan?

SaaS Interviews with CEOs, Startups, Founders
20,000 AI Lip Sync Vids Created, Now Raising $2m on $10m Valuation

And how many free users are on a B2B tool right now?