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SaaS Interviews with CEOs, Startups, Founders

How he acquired a SaaS startup for $1 (now $14m in revenue, not a typo)

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 1 August 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

EHS software.

Transcript

Click on a timestamp to play from that location

0:00.0

So, I mean, can we do the math on that? 450 customers paying $25,000 per year.

0:04.5

I mean, it's like $11 million business.

0:06.8

Yeah, a bit noles at that.

0:10.5

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

0:15.7

SaaS founders, like Eric Wan from Zoom.

0:19.4

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

0:23.3

We've published thousands of these interviews,

0:25.8

and if you want to sort through them quickly by revenue or churn,

0:29.1

cack, valuation, or other metrics,

0:31.4

the easiest way to do that is to go to getlatka.com and use our filtering tool.

0:35.9

It's like a big Excel sheet for all of these podcast interviews. Check it out right now at getlatka.com and use our filtering tool. It's like a big Excel sheet for all these podcast interviews.

0:39.0

Check it out right now at GitLatka.com.

0:44.2

Hey folks.

0:45.0

My guest today is Matt Ellison.

0:46.4

He is the CEO of Evotex, which is transforming how companies manage health, safety, and risk,

0:50.6

and engage with their employees delivering safe, nurturing, and compliant workplaces.

0:55.8

Matt, you ready to take us to the top?

0:57.7

I am. Yep.

0:58.9

Okay. So first off, how do you get into this space? Do you have a horror story or something that you want to share?

1:03.9

Well, it was really, I suppose, more by chance, I'd been an interim chief exec, and we saw the business that I was running,

1:13.1

and the partners in the fund said, what next? I said, well, I've always been on the lookout for

1:17.7

business to buy without super actively searching, and they said, well, take a look at, as it was

...

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