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SaaS Interviews with CEOs, Startups, Founders

How to build a $30m SaaS in 18 Months focusing on an unsexy niche

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 23 November 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

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

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews, and if you want to sort through them quickly

0:21.5

by revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to

0:27.3

gitlatka.com and use our filtering tool. It's like a big Excel sheet for all of these podcast

0:32.2

interviews. Check it out right now at gitlatka.com.

0:41.8

Guys, she's building getstreamline.com, which is selling software to something called special districts.

0:42.7

There's 55,000 of them in the United States today.

0:45.3

They already have 1,450 using their platform, paying on average $275 per month for about

0:49.8

$400,000 a month in revenue up from 140,000-ish a year ago.

0:53.6

She joined his chief strategy

0:54.6

officer just a couple months ago and saying, hmm, how can we get our hands on additional

0:58.0

revenue lines here? If I can increase ARPU across the base of 1,450, we can double triple

1:02.6

revenue quickly without even adding any new logos. We'll see what happens. They've got 37 folks

1:06.6

on the team. Sold about, call it 10, 14% of the company in their pre-seed round last year,

1:12.0

targeting, selling something like around 20% in a $6 to $8 million series A round that they're

1:16.8

out there looking at right now. We will see what happens.

1:20.6

Hey, folks, my guest today is Rachel Stern. She's an investor operator and political strategist,

1:25.5

currently the chief strategy officer at Streamline,

1:28.2

which provides digital services to special district governments. Before Streamline, she served,

1:33.1

or founded, sorry, in-state partners, venture capital and lobbying firm investing in GovTech. She's an

1:38.0

active investor and advisor for early stage GovTech companies. Rachel, you ready to take us to the

1:41.9

top? Yeah, I'd love it. Thanks for having. So it's something you have exposure to a lot of cool companies via your investing. You decide to

...

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