Nathan Latka
๐ค SpeakerAppearances Over Time
Podcast Appearances
Can you put all that in a bundle for me?
So across all those markets you just described, how many customers are you serving today?
That's great.
Now, talk to me, the original funding here, I think you did a 10 million Series A back in 2015, and then a 16 million Series B in 2017.
Were both those rounds totally pre-revenue or was a Series B raised after your first customer came in?
I see.
I guess the question I have is a lot of second time, third time founders will listen to the show.
And I always wonder, someone that has a $400 million exit, if you want to
you know swing for the fences go build a massive company you want to try and own as much as you can well you know why use 10 million dollars of other people's money there for your series a in 2015 instead of just you know saying you know i want to own 100 keep as much as i possibly can and then scale this thing
I mean, Ben, one of the things, though, is about raising capital is using your island now.
The waves are crashing harder, right?
Whether it's Grey Coff and Spark coming in your series A or North Zone in your series B, they have a growth expectation which can limit your optionality into the future.
You've got to accelerate speed.
These guys are expecting 100%, especially in the early days, maybe 200%, 300% year-over-year growth.
You manage an average of 40% year-over-year growth.
The expectations there are not aligned.
How do you create alignment?
60% today comes from Europe because of the laws over there.
Mm hmm.
And then I guess Ben, take me back that series a most folks now look at 2015.