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Sanjay Ghari

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Pretty much all of it.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

We are a young company who is not shy from anything.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

We are trying to do everything which can get us a customer.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

It's a bootstrapped company because the moment we started and within six months, the pandemic or nine months, I would say pandemic hit.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So I think that was a good idea.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

We thought, let's build a product well in pandemic instead of raising money now.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

I love that.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

And by the time we're out of it, I think we were good operationally from a finance standpoint.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

No, no.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So first of all, you know, there are other founders with me.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

There are four, you know, other people on my leadership team.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

But one more thing is we got acquired last month by Constellation Software, which is, you know, one of the eighth largest valuable software company in the globe through its portfolio company, Juniper Group.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

And I think I will also answer that question on his behalf that why he doesn't do a lot of interviews.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So when first time I saw the Constellation website, there was not even a photo of the founders.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Yeah.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

to them and they said, we don't invest a dollar where there is no ROI.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So, you know, in headquarters sitting here, we are all, you know, spending all back to support the businesses we're acquiring and we're not spending any money on anything which is not, you know, so it's a very ROI and I would say the companies, you know, they acquire driven that.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So the second question, as an example, why I liked Constellation and why I had chosen to go ahead with them are two things.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

One thing is they already have around 14 companies who are travel tech companies in their portfolio.