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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

You and Brant, sorry.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Did you just split it or how'd you do that?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

So just to be fair, you were at north of 100 million bucks in ARR in 2012 when you IPO-ed?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Yes.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

It was a good burn multiple.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

How big was the ESOP pool at IPO?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Let's get into that, Brett.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Data.World, you launched, I believe, in what, 2015?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

That's incredible.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Tell me how many years it took you to break a million dollar run rate at Data.World.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

So Brett, just to pull this forward, one of the themes I want to get for our listeners here is they're all trying to manage dilution as they scale.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

They want to go hit a home run, but they also don't want to dilute.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

You did a great job, obviously.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

You already talked about it at prior companies.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

This one's a little bit different in terms of the broad reach, but help me understand your Series B was a 26 million Series B, I believe in 2020.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Most folks in this series be there selling 10% of the company.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Were you sort of in that same range?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

What was the post money on that?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Are you comfortable sharing?

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

yeah most folks i mean look if you can sort of predict i mean most folks are doing series c especially in early 2022 i mean you're selling somewhere between five and you know 10 15 of the company is it can you say you're sort of in that same range