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SaaS Interviews with CEOs, Startups, Founders

How Lately Plans to Break $1m in ARR, Raising Now at $10m Valuation

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 29 October 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Sorry, hold on. Let me give you really specific first.

0:02.1

So you were at like 380 customers about 10 months ago.

0:05.8

You're at 358 now.

0:07.2

They're still paying about $200 Arpoo.

0:09.1

So MRR is still about $70,000 bucks?

0:12.3

MRR is at $79,000.

0:14.2

We were up to 94 and we dropped.

0:18.8

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

0:24.1

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

0:32.5

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

0:39.2

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

0:44.3

It's like a big Excel sheet for all of these podcast interviews. Check it out right now at

0:48.5

gitlatka.com. Hello, everyone. My guest today is Kate Bradley Churnish. She's the founder and CEO of a company called Lately, which uses AI to automatically transform long-form content like blogs into dozens of smart social posts. Kate, are you ready to take us to the top? I'm ready. Let's do it.

1:06.8

Content is obviously a hot space and splitting content up for easy consumption is even hotter.

1:11.1

How are you guys playing in the space here?

1:13.4

Yeah, we are really leaning heavily into the AI.

1:16.2

I mean, what we've learned most, Nathan, is that people hate writing.

1:19.0

Writing is really at the baseline of all the content we create, even video like this, right?

1:23.4

So you still have to promote this with writing eventually.

1:26.5

And it seems to be the bane of most people's existence.

1:28.7

Lucky me, I was a fiction writing major.

1:31.5

So I'm good at writing.

...

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