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SaaS Interviews with CEOs, Startups, Founders

He's $14m in ARR, Here's why he IPO'd and plans to grow 30% this year

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 22 March 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

SaaS CRM.

Transcript

Click on a timestamp to play from that location

0:00.0

Do you guys care about valuation right now, specifically your valuation? Do you think you might

0:04.8

raise soon or sell a portion of the company? There is no other tool on the internet that you can

0:10.8

use to get a better and higher valuation than Founderpath's new valuation tool. We have over

0:16.2

253 deals that went down over the past 30 days, all the revenue numbers, all the valuations, and the multiplier.

0:23.9

That way you can go filter the data, find companies that are your same size, what they sold or raised for or at, and then use those as comparables in your decks to argue and debate and get a higher valuation and less dilution, which is the name of the game,

0:37.7

less dilution. Check it out today at founderpath.com forward slash products. That's plural,

0:43.1

forward slash valuations. Again, both plural. Founderpath.com forward slash products,

0:48.4

forward slash valuations.

0:52.6

You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

1:01.7

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

1:05.8

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

1:11.4

cac, valuation, or other metrics, the easiest way to do that is to go to gitlatka.com and use our

1:16.9

filtering tool. It's like a big Excel sheet for all of these podcast interviews. Check it out

1:21.7

right now at getlatka.com. All right, guys, there you have it, Up Sales launched back, way back in 2003.

1:30.1

It took him seven years to a million bucks in revenue, now doing 14.4 million in terms of

1:34.2

run rate across 1,800 paying customers.

1:37.4

Profits around $250,000 per month.

1:39.3

They're publicly listed in Stockholm, which is great.

1:41.8

It allows them to tap public markets, recruit folks who

1:44.5

can see his numbers publicly in his comments. He feels it is a real advantage. And they've done this

1:48.4

all very capital efficiently with a target revenue per employee going from $205,000 today,

1:54.2

ideally up to something closer to $300,000 by the end of the year. We'll see if Daniel can

...

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