Lemlist CEO Guillaume Moubeche: Gives Employees this bonus when 5x revenue growth target hit

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6 • 683 Ratings

🗓️ 11 April 2021

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Transcript

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0:00.0	The CEO of Lemless, Guillaume Mubesh, recently turned down a $30 million deal that a private equity firm was offering into his company.
0:08.5	15 million of it was going to be secondary, meaning each of the three founders could take $5 million each.
0:13.2	The other $15 million was going to go directly into the business at a $70 million pre-money valuation, $85 million post-money valuation.
0:20.6	The company just broke $5.5 million bucks of actually
0:23.8	$6 million in annual recurring revenue. Now, Guillem and the founders said no. The question is why.
0:30.4	We do the exclusive story and the new issue of Latka magazine, which you can get right now at
0:35.6	Nathanlack.com forward slash magazine.
0:38.3	But for today's podcast episode, I thought it'd be interesting to go back and listen to how
0:42.3	Guillaume talked about the business seven months ago. Enjoy.
0:48.2	You are listening to Conversations with Nathan Latka. Now, if you're hearing this,
0:53.5	it means you're not currently on our
0:55.5	subscriber feed. To subscribe, go to getlatka.com. When you subscribe, you won't hear ads like this one.
1:04.4	You'll get the full interviews. Right now, you're only hearing partial interviews. And you'll get
1:10.1	interviews three weeks earlier from founders, thinkers, and people I find
1:15.1	interesting.
1:16.1	Like Eric Wan, 18 months before he took Zoom public.
1:20.1	We got to grow faster.
1:22.1	Minimum is 100% over the past several years.
1:25.0	Or bootstrap founders like Vivek of QuestionPro.
1:28.1	When I stopped the company, it was not cool to raise.
1:30.3	Or Looker's CEO, Frank Bean, before Google acquired his company for $2.6 billion.
1:36.1	We want to see a real pervasive data culture, and then the rest flows behind that.
	...

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