4.6 • 683 Ratings
🗓️ 30 November 2017
⏱️ 22 minutes
🧾️ Download transcript
Rob Frohwein. Back in 2008, he recognized that companies like eBay offered automated access to small business transactional data via APIs. He also realized that small businesses could simply share this data to allow underwriters to make better, faster credit decisions and provide a great user experience. Because of that, he co-founded Kabbage in Atlanta, Georgia, to leverage the power of real-time data automation through technology. The company has since expanded to serve all small businesses throughout the U.S., providing billions of dollars to more than 100,000 customers.
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0:00.0 | founder of Cabbage, just raised a $250 million round from SoftBank, $500 million raised total, |
0:03.9 | but more important than any amount of funding he's raised, the value. |
0:07.2 | Value, value, value, $120,000 small businesses getting funded or at least funding help from Cabbage |
0:13.4 | via their unique kind of application system and their back-end data analytics that allow them to predict accurately |
0:17.5 | if you're able to payback things and who to lend to and manage their own risk. |
0:21.4 | Many, many people down there in Atlanta. |
0:23.2 | This is the top, where I interview entrepreneurs who are number one or number two in their |
0:28.9 | industry in terms of revenue or customer base. |
0:32.5 | You'll learn how much revenue they're making, what their marketing funnel looks like, and how |
0:36.8 | many customers they have. |
0:39.1 | I'm now at $20,000 per talk. |
0:41.4 | Five and six million. |
0:42.3 | He is hell-bent on global domination. |
0:44.2 | We just broke our 100,000 unit sole mark. |
0:47.0 | And I'm your host, Nathan Latka. |
0:50.3 | Many of you listening right now don't have time to listen to every B-to-B SaaS CEO that I've interviewed. |
0:55.5 | If you want to get access to the database I've created with year-over-year growth rates, customer |
0:59.5 | accounts, margins, and many, many other data metrics and data points, you can go to g-et-l-a-tka.com. |
1:06.5 | Here's the thing, though, this database, I keep it to myself. It's so freaking valuable. And to preserve |
1:12.6 | the quality of the data and make sure that the people that have access to it have a true |
1:16.1 | advantage, I'm only letting 10 companies on each month. So we're full this month, but you can go to |
1:21.1 | gitlatka.com to get on the waiting list for next month. And look, there's big people on the waiting list i mean the biggest vCs you've ever heard of you've probably heard of them they're big private equity billions and billions under management |
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