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SaaS Interviews with CEOs, Startups, Founders

She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 19 July 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Automated webinar platform

Transcript

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0:00.0

So we just crossed 500K AR.

0:04.4

So we just crossed.

0:05.0

Thank you.

0:08.5

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

0:17.6

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews,

0:24.0

and if you want to sort through them quickly by revenue or churn, cack, valuation, or other metrics,

0:29.6

the easiest way to do that is to go to getlatka.com and use our filtering tool. It's like a big

0:34.6

Excel sheet for all of these podcast interviews. Check it out right now at

0:38.3

GitLatka.com. Hey folks. My guest today is Melissa Kwan. She's the co-founder and CEO of

0:45.4

EWebinar, an automated webinar platform that saves people from doing the same webinar over and over

0:50.3

again. She's a third-time founder, bootstrapper, and digital nomad. Her previous company,

0:54.8

Spacio, was acquired in 2019. Melissa, you're ready to take us to the top? Yeah, absolutely.

1:00.5

That previous company, did you bootstrap that one as well? I did. Nice. It was much harder.

1:06.2

I was going to say, so have you, do you have the yin and the yang? Have you raised on one and then bootstrapped the other?

1:11.5

Can you compare?

1:14.7

Well, we have never raised venture capital.

1:16.6

I mean, we had some like family and friends.

1:19.8

So, I mean, do you consider that bootstrapping?

1:22.2

I consider bootstrapping.

1:34.9

Someone to me is bootstrapped if they're very capital efficient, which means the way I measure that is you've raised less than one X your ARR. Yeah, absolutely. So I've never raised venture capital.

1:40.7

Actually, my LinkedIn post today, the title of that is I once took money from an investor and it's private investor. He invested about 250K. And that made me realize the only

1:45.9

person who needs to give you money is your customers. This is in Spacio? Yes, it was. Okay,

...

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