1740 $5m Raised and $600k ARR When Fiverr Acquired, Did Common Holders See Any Cash?
SaaS Interviews with CEOs, Startups, Founders
Nathan Latka
4.6 • 683 Ratings
🗓️ 29 April 2020
⏱️ 20 minutes
🧾️ Download transcript
Summary
Leif is the co-founder, CEO of AND CO. The #1 freelancing software in the world, which was acquired by Fiverr in 2018. He is also a Parter at Prehype, a venture development firm in New York and investor in companies like Ro Health.
He also co-founded Pay with a Tweet, which was acquired by the German company builder Hanse Ventures in 2013. Served as Director of Product for West Studios in San Francisco, where he worked with start ups like Rdio and Venmo. He also worked as Creative Director at R/GA.
Leif was named one of the "Top Minds in Digital" by AdWeek and earned numerous awards including two Cannes Lion Grand Prix and a MTV OMusic Award.
He's also an advisor to Venture Capital firm Urban.Us and a number of early stage companies.
Transcript
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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. Built his company and co-release support freelancers back in 2015 |
| 1:10.2 | was a SaaS model, call it 12 bucks a |
| 1:12.1 | month did what he calls content stunts something that was newsworthy product huntworthy once every six |
| 1:17.7 | weeks excuse me use that to drive 60,000 users converted about seven percent of those to pay |
| 1:22.8 | it's a call it 4200 there obviously you can back into a run rate they raised five million bucks |
| 1:26.9 | team of 10 across remote |
| 1:28.0 | locations and sold the Fiverr back in early 2018 when the product was then made free. Now obviously |
| 1:33.2 | scaling upwards of 250,000 folks on the platform using it. Hello, everyone. My guest today is |
| 1:39.9 | Life Abraham. He is the co-founder, CEO of a company called And Co, the number one freelancing |
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