1002 How He Makes $10m+ Speaking Every Language on Earth

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 22 April 2018

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

"Jack is a technology early-adopter, serial entrepreneur, software patent-holder, product evangelist, and combat-decorated Air Force pilot.
Before founding Smartling, he served as SVP of Product at eMusic and COO/CTO at SheSpeaks and RunTime Technologies. He also co-founded Trio Development, a software company that created the first personal information manager, which was acquired by Apple in 1993. He holds a BS in Computer Engineering from the University of Pennsylvania, where he also studied linguistics and interned with Professor William Labov, and an MBA from Cameron University in Germany.
Jack was named one of Fast Company’s “Who’s Next” in 2011, and was named a 2013 NYC Venture Mentor by the New York City Economic Development Corporation."

Transcript

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0:00.0	This is the top entrepreneurs podcast where founders share how they started their companies and got
0:06.9	filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other
0:16.1	insider information that creates business news headlines. We went from a couple hundred thousand dollars to two point seven million.
0:23.6	I had no money when I started the company.
0:25.6	It was a hundred and sixty million dollars which is the size of any IPOs.
0:29.6	We're a bit strapped.
0:30.6	We have like 22,000 customers.
0:33.6	With over five million downloads in a very short amount of time,
0:38.6	major outlets like Inc are calling us the fastest growing business show on iTunes.
0:43.6	I'm your host, Nathan Latka, and here's today's episode.
0:48.6	Hello, everybody.
0:49.6	My guest this morning is Jack Weldy.
0:52.2	He is the co-founder and CEO of a company called Smartling. He's a
0:57.0	technology, early adopter, serial entrepreneur, software patent holder, product evangelist,
1:01.7	and combat decorated Air Force pilot. Before founding Smartling, he served as an SVP of product at
1:07.5	e-music and C-O-O-N-C-O at She Speaks and Runtime Technologies. Jack, are you ready
1:13.4	to take us to the top? I am. It's a long bio. Thank you, Nathan. Hey, yeah, of course. We're glad to
1:18.0	have you. So you go from the Air Force to translation services. How the hell does that happen?
1:22.7	I'm not sure. Actually, that's a great question. So, you know, I think there's a, there's probably a pretty good explanation of that. For one thing, in the Air Force, I grew up in the Air Force as a military dependent. My dad was Air Force and then I was in the Air Force myself and traveled all over the world. I lived probably and worked probably 25% of my life outside of the U.S. And so I think at some point, the correlation between, you know,
1:46.7	language and culture and how important those things are became very, very clear. And it became
1:51.0	very obvious that, hey, there's a big wide world out there of people who are buying products
1:54.8	and services. And translation is important to that. Well, thank you for your service, Jack.
	...

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