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SaaS Interviews with CEOs, Startups, Founders

He's the Real Unicorn: Bootstrapped to $10m, Owns 100%, Shares Profits with Team

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 28 June 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

Managing the Entire Software Lifecycle

Transcript

Click on a timestamp to play from that location

0:00.0

Well, I mean, but can we multiply 5,000 customers times $10,000 in ACV?

0:04.4

You're doing about 50 million in annual revenue?

0:06.9

No, I would say it's not any, because again, it's not an average.

0:09.9

The average is not weighted.

0:11.2

So it's our revenue right now is just under 10 million.

0:15.6

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

0:22.4

like Eric Wan from Zoom. If you'd like to subscribe, go to getlatka.com. We've published

0:29.3

thousands of these interviews, and if you want to sort through them quickly by revenue, or

0:33.6

churn, cack, valuation, or other metrics, the easiest way to do that is to go to gitlatka.com

0:39.4

and use our filtering tool.

0:41.0

It's like a big Excel sheet for all of these podcast interviews.

0:44.2

Check it out right now at gitlatka.com.

0:49.1

Hey folks, my guest today is Adam Sandman.

0:51.2

He founded in Fletra in 2006 and has been a programmer since the age of 10.

0:55.3

Today, he serves as the company's CEO and is responsible for product strategy, technology,

0:59.2

innovation, and business development. The company helps you manage the entire software lifecycle.

1:04.3

Adam, you're ready to take us to the top?

1:06.1

Sure, absolutely. So In Fletra, we founded really in 2006 to help companies of all sizes, of all sizes improve their quality of their software development, software testing.

1:15.3

At that time in the market, there weren't many products focused on the smaller and medium-sized businesses.

1:20.2

A lot of tools for large companies, not a lot for the mid-size and, again, startup companies.

1:25.6

So started the company in 2006 to provide that missing solution in the market.

1:30.4

And as the market evolved, basically we've grown the company now to focus a lot more on

...

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