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SaaS Interviews with CEOs, Startups, Founders

Myr POS SaaS For SMB's hits $1.2m ARR, Raised at $7.5m Valuation with 400 Customers

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 1 December 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

POS for Limited Service Restaurants

Transcript

Click on a timestamp to play from that location

0:00.0

Yeah, it was a priced round. We did it at 7.5 pre-money, and we've exponentially grown since then.

0:06.0

We're going to be ending this year with the top line revenue over 2 million, and our ARR is going to be sitting at about 1.25, based on our prediction of what's going to happen by the end of this year.

0:19.9

You are listening to Conversations with Nathan Latka, where I sit down and interview the top

0:25.1

SaaS founders, like Eric Wan from Zoom.

0:28.9

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

0:33.0

We've published thousands of these interviews, and if you want to sort through them

0:36.5

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

0:42.7

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

0:47.1

podcast interviews. Check it out right now at getlatka.com.

0:53.2

Hey folks, my guest today is David Nadir's Den.

0:56.1

He's a tech monkey with over 15 years of experience.

0:58.6

He's intimately familiar with all aspects of project from concept to execution.

1:02.2

Now building m.ryr.io, a POS for limited service restaurants.

1:07.2

David, you ready to take us to the top?

1:08.6

Yeah.

1:09.1

Well, why not?

1:09.8

Thank you, guys.

1:10.4

What is a limited service restaurant? Okay. Well, you ready to take us to the top? Yeah, well, why not? Thank you. What is a limited service restaurant? Okay, well, the number one point of a limited service

1:16.4

restaurant is always think about the one fundamental thing. You pay before you eat. A full service

1:21.1

restaurant, you're sitting down, a waiter's coming, you're there to have a good time, and it's all

1:25.6

about upselling. If you're looking at a limited service restaurant, the goal is,

1:28.8

how do I ensure to take as many orders as possible during either a morning rush,

...

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