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SaaS Interviews with CEOs, Startups, Founders

How This Angel Investor Got $20k Check into Cloudability, 40% Checks Still in Play

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 3 March 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Governance, investment and analysis.

Transcript

Click on a timestamp to play from that location

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.

0:13.6

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews,

0:19.5

and if you want to sort through them quickly by revenue or churn, cac, valuation, or other metrics, the easiest way to do that is to go to gitlatka.com and use our filtering tool.

0:30.1

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

0:37.6

Started writing his first angel checks back 19 years ago.

0:40.4

First went into cloudability, 20K check.

0:42.3

That turned out nice from it.

0:43.6

In fact, 19 years later after that first check, he still got 40% of his checks.

0:47.6

He's written, call it in play, 40% of dead and 20% who the hell knows what happened to those guys.

0:52.0

But it growing nicely, a lot of diverse

0:54.2

investments. And you know, he's building it really a life he loves. He has a own manufacturing

0:57.2

company on the side, doesn't want to run his own thing and like supporting entrepreneurs with right

1:00.4

governance, right structure, especially in the early days as they scale and obviously hopefully

1:04.5

generate returns. Hey, folks, my guest today is Ben Keeps. He is a professional board member and

1:09.6

globally recognized technology commentator along with being an entrepreneur.

1:13.0

He's building governance, investment, and analysis at diversity.net.net.nz.

1:17.9

Ben, you ready to take us to the top?

1:19.7

Always.

1:20.7

All right.

1:21.1

So my audience is obsessed with SaaS.

1:22.5

Walk me through how you think about investing in B2B SaaS companies? Yeah, so, I mean, the great thing about B2B SaaS is that the metrics are so obvious,

1:31.0

you know, LTV, tech, you know, all of those sorts of things.

...

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