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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

Last question.

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

Take us home here.

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

Something you wish you knew when you were 20.

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

Guys, Brett Hurt, his fourth company, Core Metrics, launched in 1999.

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

He left in 2005 after the company broke $30 million in revenue.

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

And in 2010, the company sold for $300 million to IBM.

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

That was his first sort of big cash day.

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

But he left actually earlier in 2005 and launched with one of his friends, Brandt, who was our voice, which ended up growing to $100 million in revenue, spending just $13 million to get there and a billion dollar IPO, very capital efficient.

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

Obviously, Bizarre Voice taken private in 2018 by Marlin and other stuff has happened since then.

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

But now Brett's focus is 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

Competing with Calibra, really a large-scale, wide-spreading data platform, very opposite of the capital efficiency of his earlier companies.

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

He had to spend, well, not spend, but raise over $53 million of capital before his first dollar of revenue 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

But now scaling, team of 150, 50 engineers focused on efficiency.

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

and scaling in a good way.

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

He's written about his success and his book, The Entrepreneur's Essentials, which I encourage all of you guys to check out.

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

Brett Hurt, thank you for taking us to the top.

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

Yeah, thank you so much.

SaaS Interviews with CEOs, Startups, Founders
I'm a fangirl for your SaaS business, here's why you need me to survive an economic downturn

You are listening to Conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

SaaS Interviews with CEOs, Startups, Founders
I'm a fangirl for your SaaS business, here's why you need me to survive an economic downturn

If you'd like to subscribe, go to getlatka.com.

SaaS Interviews with CEOs, Startups, Founders
I'm a fangirl for your SaaS business, here's why you need me to survive an economic downturn

We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, CAC, valuation, or other metrics, the easiest way to do that is to go to getlatka.com and use our filtering tool.