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Nathan Latka

๐Ÿ‘ค Speaker
224696 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Well, I mean, so, I mean, we can kind of reverse engineer, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

If you have 20 paying customers, right, paying $20,000 per month, that would put your monthly recurring revenue around $400,000 per month.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Is that a fair calculation?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

With some caveats.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Okay, what would it be?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Okay, so maybe you're lower than that today, but do you think there's a path over the next year or two to breaking $400,000 per month in revenue?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

And you mentioned you're in the middle of something.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Are you exiting the company or raising right now?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Are you bootstrapped?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Give me more of the backstory there.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

I just put it this way.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Fair enough.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

When you say you're mostly bootstrapped today, you've put in your own money plus some, you said, quote, private money.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

How much total money have you plus other private investors put in the business life to date?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

If you exclude me, about $7 million.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Okay.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

Well, I mean, your money is the most important money, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

You're putting your money where your mouth is.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapping to $5M ARR: How Kukun Scales SaaS for Banks and Fintechs

It's your baby.