4.6 • 683 Ratings
🗓️ 29 January 2019
⏱️ 19 minutes
🧾️ Download transcript
From Slovenia/Europe. B.S. Electrical Engineering. 31 years old. This is our third startup. First failed miserably. Second became lifestyle business. Love sports and creativity. I'll produce a movie by 2025.
Click on a timestamp to play from that location
0:00.0 | His first company failed miserably. |
0:01.3 | Second one pumps out healthy cash flow for them, |
0:03.7 | a couple hundred grand per month for him and his co-founder. |
0:05.5 | They're using that to fund their SaaS company predict leads. |
0:08.7 | They used to just sell leads. |
0:10.1 | Now they sell data more like a clear bit or full contact. |
0:12.6 | They're scaling nicely up to about 30 customers that pay on average 12 grand per year. |
0:16.8 | So doing about 300 grand, 350 grand in annual recurring revenue. |
0:22.0 | That's up from about 40K in a run rate in 2017. They're basically bootstrapped 15 grand from an accelerator that |
0:27.4 | paid, again, 15 grand for about 8% of the company. Launched in 2015, their team of six in |
0:32.6 | Slovenia, again, serving and giving data to folks like VCs and other folks that value data |
0:37.1 | related to employee hiring, partnerships, and things of that nature. |
0:41.2 | This is the top entrepreneurs podcast where founders share how they started their companies |
0:47.3 | and got filthy rich or crash and burn. |
0:52.7 | Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines. |
1:02.0 | We went from a couple of hundred thousand dollars to two point seven million. |
1:05.0 | I had no money when I started the company. |
1:07.0 | It was a hundred and sixty million dollars, which is the size of any IPOs. |
1:10.0 | We're a bit strapped. |
1:11.5 | We have like 22,000 customers. |
1:15.4 | With over 5 million downloads in a very short amount of time, |
1:19.6 | major outlets like Inc are calling us the fastest growing business show on iTunes. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Nathan Latka, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Nathan Latka and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.