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SaaS Interviews with CEOs, Startups, Founders

Trainual Hits $3m ARR, 3x YoY Helping 2500 Customers Document Key Processes

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 19 June 2020

⏱️ 15 minutes

🧾️ Download transcript

Summary

Chris is the founder and CEO of Trainual, a SaaS platform for entrepreneurs and employees to get their business out of their brain by documenting and delegating the processes in their company.

Transcript

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0:00.0

We had an interesting trigger in our convertible note where once we hit a certain revenue

0:03.8

threshold, the ability for me to pay back went away. So it was investor friendly, but I was good

0:11.1

with it because I didn't want to be in a position where we're spending all the investor money

0:14.8

and then I don't have the money to pay them back if they demand it. So it was kind of like

0:20.0

they took a flyer and they get the

0:21.9

reward for that.

0:24.4

You are listening to conversations with Nathan Latka. Now if you're hearing this, it means

0:30.1

you're not currently on our subscriber feed. To subscribe, go to getlatka.com. When you subscribe, you won't hear ads like this one.

0:40.3

You'll get the full interviews.

0:42.3

Right now, you're only hearing partial interviews.

0:45.3

And you'll get interviews three weeks earlier from founders, thinkers, and people I find

0:51.3

interesting, like Eric Wan, 18 months before he took Zoom public.

0:56.5

We got to grow faster. Minimum is 100% over the past several years.

1:01.0

Or bootstrap founders like Vivek of QuestionPro.

1:04.0

When I start the company, it was not cool to raise.

1:06.5

Or Looker's CEO Frank Bean before Google acquired his company for $2.6 billion.

1:12.3

We want to see a real pervasive data culture, and then the rest flows behind that.

1:17.2

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1:24.2

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1:28.2

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1:29.8

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1:34.0

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