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SaaS Interviews with CEOs, Startups, Founders

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

4.6683 Ratings

🗓️ 11 April 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

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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