4.6 • 683 Ratings
🗓️ 27 February 2019
⏱️ 19 minutes
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CEO of Ruby on Rails Full Stack and DevOps
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0:00.0 | Big deal at Intel learning building there. |
0:02.0 | And then eventually joined up with the ESW team and eventually Think 3 recently launched |
0:06.2 | billion dollar basically buyout fund playing. |
0:08.1 | Think of it almost like microvista equity, right? |
0:10.7 | Buying companies like business apps doing somewhere between as little as three and five million |
0:14.1 | in ARR up to much larger deals, building them, running them and then applying horizontal |
0:18.4 | management to make them efficient afterwards, holding them for a decade to do two decades taking margin to generate those returns. |
0:24.8 | This is the top entrepreneurs podcast where founders share how they started their companies and got |
0:31.3 | filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines. |
0:45.3 | We went from a couple hundred thousand dollars to two point seven million. |
0:48.3 | They had no money when I started the company. |
0:50.3 | It was a hundred and sixty million dollars, which is the size of any IPOs. We're a bit strapped. We have like 22,000 customers. |
0:58.8 | With over 5 million downloads in a very short amount of time, major outlets like Inc are calling |
1:04.8 | us the fastest growing business show on iTunes. I'm your host, Nathan Latka, and here's today's episode. |
1:12.3 | Hello, everyone. My guest today is Andy Triba. He's currently running Think 3, which is getting |
1:17.5 | very, very active in the B2B SaaS space. He also has his own operating experience in many of |
1:21.6 | these companies. We're going to dive in today. Andy, are you ready to take us to the top? |
1:25.3 | Absolutely. All right. So for folks that have not heard of Think3, kind of tell us what the fund does and how you operate, what you look for. |
1:32.6 | Sure. |
1:32.9 | Yeah. |
1:33.1 | So Think 3 is a billion dollar fund specifically designed to give SaaS founders another chance to get another shot on goal. |
1:41.7 | If you think about a lot of these companies, if they raise a bunch of money and they're growing at double, double, triple on their |
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