4.6 • 683 Ratings
🗓️ 24 April 2020
⏱️ 22 minutes
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Awareness Technologies, Inc. (ATI) provides endpoint security solutions for both home and business. With over 50 employees and offices in Westport, CT and Bristol, UK, ATI both develops and acquires market leading solutions trusted by millions of parents and thousands of businesses.
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0:00.0 | Hey guys, I'm recording this here on April 5th. It's Sunday. Everyone's trying to survive the crisis. |
0:04.7 | Quick note to you guys, we are moving. You know, you used to delay these episodes by, you know, |
0:09.5 | four to eight months after we recorded them in terms of releasing them on the podcast. |
0:13.1 | We've changed that. A lot of these interviews you're going to hear over the next many months are |
0:16.1 | going to be ones we recorded only days prior. We think that's a smarter way to run the show. I've made the change. |
0:21.9 | So expect more urgent information coming out. Secondly, I am getting destroyed on iTunes reviews |
0:27.4 | by these people that say Nathan's rude. He's hard hitting. Blah, blah, blah, blah. Which, by the way, |
0:32.1 | I am. It's part of my style. It's what works. The problem is people that love that style never |
0:36.5 | take the time to go leave a five-star review. So I only get one-star reviews on iTunes. And right now there's a streak of one-star |
0:43.0 | reviews that is driving me crazy. It would mean the world to me, guys. If you're loving the show, |
0:47.5 | you love how direct I am, you like the style, if you go leave a review on iTunes now. If you do that and tweet it to me, text it to me, |
0:56.2 | email it to me, whatever you want, I'm going to reply with a very special surprise. I think |
1:00.0 | a lot of you guys will really like. It is heavy, heavy data oriented. All right. So I appreciate that. |
1:04.5 | Thanks, guys. Enjoy the show. |
1:07.0 | Launched his first company, or sorry, not actually, actually didn't launch the company actually saw an opportunity to buy a company back in 2010 for about 10 million bucks in the |
1:13.3 | security space he knew that the model of tech would work great in a SaaS space |
1:16.8 | they weren't using a SaaS pricing model yet so he bought it he's now grown it |
1:20.1 | to about 5,000 companies on the B2B side using it paying 80 90 bucks a month so |
1:24.4 | doing about 420 grand a month in revenue that's up from call it 350 grand a month. So doing about 420 grand a month in revenue. That's up from call it 350 grand |
1:27.6 | a month just a year ago. So that business doing $5 million in terms of run rate, that's 25% of the |
1:31.3 | total business. If there's 75% as consumer security. So call it a $20 million business overall. |
1:36.6 | They're also making obviously acquisitions as they scale using some bank debt to do that hugely |
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