They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6 • 683 Ratings

🗓️ 1 March 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Steven Morell is a Growth Hacker, UX Designer, Coder, serial entrepreneur and silicon valley animal. He has founded startups around the world and won multiple awards from the Silicon Valley Forum, BBVA Open Talent and others. He joined AX Semantics back in 2016 and helped growing it the world leading Natural Language Generation Platform for ECommerce.

Transcript

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0:00.0	We're doing about three and a half million a year.
0:03.0	Okay, got it.
0:04.0	Yeah.
0:05.0	So this is 4.2 or something.
0:07.0	Yeah, got it.
0:08.0	Got it.
0:09.0	So more like $350,000, $400,000.
0:11.0	60% growth year over year.
0:14.0	You are listening to conversations with Nathan Latka.
0:19.0	Now if you're hearing this, it means you're not currently on our subscriber feed.
0:23.6	To subscribe, go to getlatka.com.
0:26.6	When you subscribe, you won't hear ads like this one.
0:30.6	You'll get the full interviews.
0:33.6	Right now, you're only hearing partial interviews.
0:35.6	And you'll get interviews three weeks earlier from founders, thinkers, and people I find interesting.
0:43.3	Like Eric Wan, 18 months before he took Zoom public.
0:47.7	We got to grow faster.
0:49.3	Minimum is 100% over the past several years.
0:52.1	Or bootstrap founders like Vivek of QuestionPro.
0:55.4	When I start the company, it was not cool to raise.
0:57.7	Or Looker's CEO Frank Bean before Google acquired his company for $2.6 billion.
1:03.8	We want to see a real pervasive data culture and then the rest flows behind that.
	...

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