He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6 • 683 Ratings

🗓️ 26 November 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Leave Management for Positive Cultures

Transcript

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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.
0:13.6	If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews,
0:19.5	and if you want to sort through them quickly by
0:21.8	revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to
0:27.4	gitlatka.com and use our filtering tool. It's like a big Excel sheet for all of these
0:31.9	podcast interviews. Check it out right now at getlatka.com.
0:37.8	PlanLeave.com. Plan leave.com.
0:38.8	He comes from the HR tech space.
0:39.9	He fell in love of this project and engineer at Bill and said,
0:42.1	you know what, I'm going to leave my full time making.
0:43.3	I'm about buy this thing.
0:44.2	He paid under, we'll call it, under six figures for it.
0:46.8	Let the CTO, Jose, keep 20%.
0:48.7	He owns 80%.
0:49.5	And now he's using his network, his go-how, and an SEO agency to get his first dollars of revenue.
0:54.4	Already about three customers paying caught 50 bucks a month.
0:56.8	So 100, 200 bucks a month in revenue, hoping to grow that to 10, 20, 30, 50, 100K a month
1:00.9	in revenue.
1:01.5	We'll stay up to date.
1:02.5	PlanLeave.com.
1:03.2	Check it out.
1:04.4	Hey, folks.
	...

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