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SaaS Interviews with CEOs, Startups, Founders

Bootstrapper hits $1m Revenue, Now wants to Raise $3m on $70m, but why?

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 31 July 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

Technical Hiring in 4-clicks.

Transcript

Click on a timestamp to play from that location

0:00.0

Okay, got it. So you're doing about $1,500 per month or $20,000 per year across 50 customers.

0:08.0

I mean, so can we take 50 customers times 500? You're doing about $80,000 a month in revenue right now?

0:13.2

Yeah, slightly more than that.

0:17.5

You are listening to conversations with Nathan Latka, where I sit down and interview the top

0:22.7

SaaS founders, like Eric Wan from Zoom.

0:26.5

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

0:30.6

We've published thousands of these interviews, and if you want to sort through them quickly

0:34.4

by revenue or churn, cack, valuation, or other metrics, the easiest way

0:39.0

to do that is to go to Gitlatka.com and use our filtering tool. It's like a big Excel sheet

0:44.1

for all these podcast interviews. Check it out right now at GitLatka.com. Hey folks, my guest today

0:51.7

is Abhishek Koshik. He's a programmer, CEO, sales marketing. He wears all the hats at his bootstrapped company, which is now north of a million dollars in AR in just 20 months on their weight of $5 million by 2025 is what he says. He loves talking about first principles, internalization, psychology, hiring at early stage. And he's doing this all at we create problems.com. I'll be

1:10.9

check. You ready to take us to the top? Yeah, sure. All right. So just to be clear,

1:16.3

are you like a recruiting agency or are you selling software to help people recruit

1:19.9

software people? We are SaaS. So we have technical hiring managers and recruiters, a software to sort of create talent bold, screen name, business and coding test,

1:33.3

to view them face to face, and in one click, on board them to the company.

1:38.3

So it's really an applicant tracking system?

1:40.3

Not, not an 80s. We are coding tests first, and we are coding tests and code pair tool first.

1:49.0

You know, candidate sourcing and onboarding happens to individuals.

1:53.0

Okay, so you are, you help people run engineering tests to engineering candidates to see if they're a good fit.

2:00.0

Right, right.

2:01.2

Okay.

2:01.8

And this is great.

...

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