4.6 • 683 Ratings
🗓️ 29 February 2024
⏱️ 19 minutes
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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. |
0:13.5 | 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 gitlatska.com. |
0:38.6 | Guys, klooks.com.com.B.R. was launched back in 2021, 2022. He broke 500,000 bucks of revenue in |
0:45.1 | 2023, cleaning a Brazilian financial data and selling it to big firms like Captivate, |
0:50.2 | IQ and Bloomberg, which many of you guys might actually, you know, listening might actually |
0:54.1 | pay for directly. Some of that data is provided by these groups like KLUX. He has specific |
0:58.3 | OCR technology with seven engineers, but then it's the human layer on top of that where they |
1:02.4 | clean the data, sort it, filter it, make sure and check for accuracy before they sell it off to the |
1:06.5 | end market. That really is their secret sauce. 50% of his revenue today, and they'll do about a |
1:10.8 | million dollars this year. 50% of that is data as a service. Another 30% is pure services, |
1:16.0 | and then 20% is true software as a service. Completely bootstrap selling through two major |
1:20.8 | resellers in Brazil. That's Neo-A and TTR data, where he takes a cut of the sales there. If he |
1:25.9 | goes direct, he's selling for 300 to 400 bucks per month and has over 50 customers to date. |
1:31.3 | Hey folks, my guest today is Alex Abu Jammra. He was a former M&A advisor and manufacturing |
1:36.1 | CFO. Today he's a CEO and founder of K looks. He graduated in business and administration, |
1:41.9 | Summa Cum Laude, and again, is now building this tool, |
1:50.0 | which helps structure unstructured financial data and sell it in a SAS-DAS model. That's software as-a-service data-as-a-service model. Alex, ready to take us to the top? |
1:54.4 | Hello, guys. Great pleasure to talk to you again. Yeah, we appreciate it. We had you back on |
1:59.3 | back in January of 2023, about a year ago. |
2:02.5 | At that point, your revenue was about 60% data as a service, 20% software as a service, and |
2:09.2 | then 20% just pure services. |
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