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SaaS Interviews with CEOs, Startups, Founders

$3m in Revenue and $227m Market Cap? How is Resonant thinking about Software?

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 19 June 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

Mr. Holmes joined Resonant in 2016 as CEO. Prior to joining Resonant, Mr. Holmes served as Chief Commercial Officer for Tigo Energy, where he was responsible for expanding the company's demand creation activities.

Transcript

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0:00.0

We did $3 million in revenue last year, rough numbers, and that is royalty revenue.

0:06.5

So we get paid on the shipment of products on a per unit royalty basis, and we get about

0:11.4

10% royalty.

0:12.4

So we enable about $30 million for the revenue last year.

0:17.9

You are listening to Conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

0:27.0

If you'd like to subscribe, go to getlatka.com.

0:30.9

We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, cac, valuation, or other metrics,

0:39.0

the easiest way to do that is to go to gitlatka.com and use our filtering tool.

0:43.5

It's like a big Excel sheet for all of these podcast interviews.

0:46.5

Check it out right now at gitlatka.com.

0:51.3

Hey folks, my guest today is Mr. George Holmes, who joined Resident in 2016 as the CEO. Prior to joining the company, he served as chief commercial officer for Tygo Energy, where he was responsible for expanding the company's demand creation activities. Resonant is focused on solving the 5G traffic jam. Mr. George Holmes, is ready to take us to the top? Yeah, far away. All right. So what does it mean when you say solving the 5G traffic jam. Mr. George Holmes, ready to take us to the top? Yeah, far away.

1:12.7

All right. So what does it mean when you say solving the 5G traffic jam? For folks that don't

1:16.1

understand what 5G is, why is there a traffic jam right now? Oh, gosh, that's a great question.

1:21.9

So traffic jam is probably an interesting way to put it. I mean, we look at 5G is right now the promise, what it is to come,

1:30.3

right? The world today, we're talking about all the things that will be enabled by 5G,

1:36.4

yet we're a long way from it. So, you know, the operators today are trying to get the

1:41.7

infrastructure in place. They're trying to create the footprint.

1:45.0

We hear all of the commercials around what T-Mobile is doing, what AT&T do, and what Verizon's

1:50.2

doing.

1:51.2

Yet today, we as consumers don't get access to it.

1:55.7

We're looking for that 30-second download of a high-deaf movie as we're jumping on an

2:00.0

airplane just doesn't happen

...

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