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SaaS Interviews with CEOs, Startups, Founders

How Stack Overflow Secretly Made $65,000,000 on its SaaS Last Year

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 18 July 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Since StackOverflow was acquired by Prosus in June 2021 for $1.8b, most don’t realize the company does over $125m in revenues today. 65% of that revenue comes from recurring revenue SaaS products where customers pay $289,000 per year on average. Will they hit $150m in revenue before Dec 2024?

Transcript

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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

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0:30.0

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

0:40.3

Microsoft was customer number one. Over 100 million in revenue so far?

0:42.3

Yes.

0:43.3

Over 150?

0:44.3

Can't say that.

0:45.3

Over 125 can you say?

0:47.3

How many of you have used Stack Over Stack Over.

0:53.3

How many of you have used Stack Overflow?

0:56.0

All right. Awesome.

0:59.0

Of those of you who have, who even knew that they had a SaaS product?

1:02.0

One person!

1:04.0

Literally one person!

1:06.0

Good.

1:07.0

A long way to go.

1:08.0

Meanwhile, what percentage of revenue is it now?

1:10.0

It's now about 60% of our company's revenues.

1:14.2

And the SaaS product, so for those of you who didn't raise your hand, Stack Overflow

1:18.3

has a collection of sites that every developer you know goes to to figure out the problems

1:24.1

that they're wrestling with.

1:25.1

Fair?

...

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