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SaaS Interviews with CEOs, Startups, Founders

How this SaaS Raised $2.4m Crowdfunding at $10m Valuation

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 20 November 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

Software increases IOT bandwidth 4x

Transcript

Click on a timestamp to play from that location

0:00.0

We have committed investors who are saying that they will continue to support it.

0:07.5

If we don't get out of our own way and really get some sales rolling, then yeah, then we've got to look at all sorts of things.

0:18.4

You are listening to Conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

0:27.6

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

0:31.7

We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, cack, valuation,

0:38.6

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

0:44.0

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

0:47.1

Check it out right now at gitlatka.com.

0:51.9

Hey folks, my guest today is Charles Yeoman. He's the CEO of two technology firms and CEO

0:57.0

at a financial services firm. He was also a key architect of the nation's largest insurance

1:01.3

broker. He was an investment banker at Naval Intelligence Officer and has an AB from

1:07.3

Kenyon College and an MBA from Stanford now now building Adambeamtech.com. Software

1:13.5

increases IoT bandwidth by 4X. Charles, you ready to take us to the top? I am.

1:18.6

All right. So just to be clear, your software helps people increase their bandwidth. Is that accurate?

1:23.4

Yes, that's absolutely right. How's it work?

1:26.5

So essentially it's this, that we take a really old idea, which is the use of code books,

1:33.3

and we combine that with some pretty fancy math that MIT level stuff, along with machine learning.

1:42.3

And what we do, by doing that, we're able to take advantage of

1:47.3

the fact that you see a lot of patterns in these little files that machines generate, IOT files.

1:56.3

But we see instead of one, like compression does, we look in thousands.

2:05.8

And because of that and because of our use of codebooks, we can take, we make a piece of software that is small, light, ultra-fast, 400 times faster than compression.

2:11.5

And it will work on the tiniest little files, as you can imagine, like under 10 bytes.

...

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