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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Yes, absolutely.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

What gives you the confidence that you can produce hardware?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Do you come from a manufacturing background?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

My question was, it sounds like right now you're using other people's hardware.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

You now want to build your own hardware called the XBot.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

How do you have confidence you're going to be able to go build a manufacturing plant to make $90,000?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So when you say it's $80,000 to create, what did you mean when you said that?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Name a company that you think will pay for this.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So let's use H&M.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

My audience obviously knows H&M, right?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

H&M, clothing store.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

What do they use right now to get this stuff done?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Why would H&M take a bet on you though?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Why would H&M believe that you could install this big expat thing in their store and combine all these things when in the past, all you've done is promote one-time promotions for H&M?

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Well, now it's getting cheaper.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

You started by saying it was $80,000 to $90,000.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Now it's $50,000.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

right because my hardware calls that i'm deploying is one time because all the research and everything i understand hardware is one time my original question to you is what will you charge customers and your response was 80 to 90 000 so just to be clear what you're saying is no that's what you're going to invest as a company to build the system and then you're going to charge customers 50k 50k yeah nothing more than that um got it okay interesting and tell me more put this all on a timeline for me when did you write the first line of code for experiential

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

2017, late 2017.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

And just your software, do you have co-founders?