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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

And then the percent of that against 600,000 valuation is how you got to the payout?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Okay, so she was 50%.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Okay.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Right.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Interesting.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Well, I like that you bet on yourself, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

A $500,000, $600,000 valuation if you paid $300,000 to buy out your 50% co-founder 15 years ago, and now you're doing $2.4 million annually.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I'd say it's fair to say you're worth more than $600,000 today.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

So I like that you bet on yourself.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Yep.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Well, I love that.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Talk to me more about how you're doing that, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

So obviously a key thing about growing and scaling is without, I assume you have not raised outside capital, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

No.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

So bootstrapped, which we love.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Does that mean you're profitable today?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I'm profitable.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

Well, what does that mean?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

So if you're profitable, you wouldn't be able to calculate six months of runway because you have infinite runway because you're profitable.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped doing $2.4m Revenue, $600k Cash in bank, helps retailers manage inventory

I meant spend.