Founder Raises $750k From Founderpath and Increases Equity. CEO Shares how Founderpath Worked for Him.

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6 • 683 Ratings

🗓️ 3 October 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

VoxPopMe has hit $6m in revenue. Wanting to avoid dilution, CEO Andy and the board rasied $750k from Founderpath. At the same time, Founderpath worked with the board to establish a new ESOP pool for management resutling in 10%+ more equity for leaders.

Transcript

Click on a timestamp to play from that location

0:00.0	You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.
0:13.5	If you'd like to subscribe, go to getlatka.com. 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, the easiest way to do that is to go to gitlatka.com and use our filtering tool.
0:30.0	It's like a big Excel sheet for all of these podcast interviews. Check it out right now at gitlatka.com.
0:38.6	So we're thrilled, obviously, with Andy, Andy and Lonnie today.
0:42.3	They're running a company called VoxPopMe, and we first started speaking in terms of
0:46.7	founder path in VoxPopMe.
0:48.1	Guys, this is crazy.
0:49.1	It's all the back in February 7th was my first email in my email inbox.
0:53.2	But why don't you introduce yourselves really quick. Lodi, what's your role, Voxpot me? Andy, what's your role? Yeah, I'm chairman of the
0:57.4	board. I've been on the board now, I think, around four years, five years. So, yeah, so that's my role
1:03.0	is to do what Andy tells me to do. And Andy, something like that. Yeah, My role is now CEO.
1:11.2	I was founder and originally CTO at Voxpot me and I moved into the CEO role about
1:16.5	seven months ago.
1:17.9	So, yeah, it started off in, yeah, end of 2011 is when we kind of originally founded the
1:25.0	company.
1:25.3	So I've been with it ever since.
1:27.5	And take us through a bit of the sort of company story
1:30.9	after you give a teaser on what the product does,
1:33.6	because you're in a very exciting space.
1:35.1	Andy, how would you describe the product?
1:37.2	Yeah, so we work with large businesses, Fortune 500,
1:42.2	helping them really understand their consumers a lot better
	...

Please login to see the full transcript.

Next episode

Disclaimer: The podcast and artwork embedded on this page are from Nathan Latka, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Nathan Latka and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.