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    Business

    Top Founders

    What if you knew data behind the fastest growing SaaS companies today? Each morning join Nathan Latka as he spends 15 minutes interviewing SaaS founders. You’ll learn how SaaS CEO’s launched their startup and grew it into a real SaaS business. SaaS Founders range from bootstrapped to funded, MVP to 10,000 customers, pre revenue to pre IPO.

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    Copyright: © (C) The Latka Agency LLC

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    Latest Episodes:
    EP 541: VerticalIQ Hits $175k MRR, Helping 140 Banks Prep for Company Meetings with President Bobby Martin Jan 16, 2017
    Show notes

    EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber Jan 15, 2017
    Show notes

    Spencer Farber. He is the CEO and founder of Cliently and he's been in the industry for 10+ years working across many spaces. He discovered one thing—the constant pain for companies is to define creative ways to generate leads and THAT is what he's trying to solve with Cliently.

    Famous Five:

    • Favorite Book? – Marc Benioff's books
    • What CEO do you follow? – Mikita Mikado
    • Favorite online tool? — Trello
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – People are going to throw curveballs and you just need to understand how to deal with them

    Time Stamped Show Notes:

    • 01:42 – Nathan introduces Spencer to the show
    • 02:12 – Cliently helps a client engage with prospects
    • 02:23 – A lead is only valuable if you're able to do something with it
    • 02:33 – Cliently is a SaaS model
      • 02:40 – Cliently's subscription plans starts at $99 to $599 a month
    • 02:50 – Average RPU
    • 03:18 – There are clients who pay annually
    • 03:45 – They currently have 70-80 customers
    • 04:02 – Cliently is bootstrapped with $30K and friends and family with $75K
    • 04:22 – Cliently was launched in February 2016
    • 05:00 – Spencer shares about a client in Australia and how they are using Cliently
      • 05:20 – The client is BigReviewTV
      • 05:28 – Cliently creates custom campaigns for them
    • 06:10 – "We are not trying to be a CRM but we are trying to put the pieces together that are essentially going to help engagement"
    • 06:45 – Cliently is using different APIs
    • 07:00 – Spencer is looking to partner with Bond.co in the future
    • 07:21 – Spencer shares how Cliently is going to beat the "other guys" in their space
    • 08:12 - Spencer wanted to raise capital
    • 08:54 – Cliently is using multiple sources for their leads
    • 09:49 – Cliently's target MRR
    • 09:58 – Spencer would raise $500K on an equity round
      • 10:30 – Spencer would give up 10-15% to get the target MRR
    • 11:06 – Spencer shares how Cliently's system is unique
    • 11:34 – Team size
    • 12:05 – Gross customer churn
    • 13:05 – Team location
    • 15:00 – The Famous Five
    • 17:18 – Connect with Spencer through email

    3 Key Points:

    • A lead is only valuable if you're able to do something with it.
    • Stand out in your space—give your client more reasons to stick with you.
    • If you have a dream, pursue it.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • Spencer@Cliently.com – Spencer's email address
    • Show Notes provided by Mallard Creatives

    EP 539: eTailInsights Bootstrapped, $1.4m ARR Ecommerce Data with CEO Darren Pierce Jan 14, 2017
    Show notes

    Darren Pierce. He's the founder and CEO of eTailInsights. Prior to launching the business, he has spent many years working with B2B companies specializing in leadership, strategic development, client relationships, and maximizing revenue growth. Darren was the Director of Sales for First Research which was acquired by Hoover. Darren helped Bronto Software accelerate their revenue market share to become the leading email service provider in the ecommerce industry. He's a graduate of The Walker College of Business at Appalachian State University with 2 BSBAs in Management and Marketing.

    Famous Five:

    • Favorite Book? – The Hockey Stick Principles
    • What CEO do you follow? – N/A
    • Favorite online tool? — Buffer
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – Darren wished that his 20-year old self could have been more patient

    Time Stamped Show Notes:

    • 01:50 – Nathan introduces Darren to the show
    • 02:35 – Darren didn't want to leave Bronto Software, but he came up with the eTailInsights' idea and couldn't let it pass
    • 02:53 – Darren joined Bronto, in 2008, to help sell their email marketing and make offers to online retailers
      • 03:25 – One of the early problems in Bronto was how to find the companies/retailers
    • 03:47 – eTailInsights is a database that indexed the e commerce companies
    • 04:03 – eTailInsights is a SaaS business
    • 04:10 – Average MRR/ARR
      • 04:43 – The pay is manual upfront
    • 04:48 – eTailInsights was launched in 2011
    • 04:51 – Total 2015 revenue
    • 05:15 – 2016 goal
    • 05:50 – Average MRR
    • 06:18 – Average churn is adjusted
    • 06:50 – CAC
      • 07:29 - eTailInsights' average pay per click
    • 07:48 – LTV
    • 08:25 – eTailInsights has been tracking hundreds of thousands of retailer globally
    • 08:36 – eTailInsights will start indexing next year
    • 08:58 – Number of current companies is 3000
    • 09:09 – The three biggest competitors of eTailInsights
    • 10:08 – Exit is not Darren's priority at the moment
      • 10:16 – Darren's dream number is $100M
      • 11:18 – Darren wants to know how far his business can go
    • 11:30 – eTailInsights is completely bootstrapped and they have $100K in it
    • 12:06 – Current head count
    • 12:20 – Average compensation
    • 12:36 – eTailInsights' location
    • 12:52 – eTailInsights sourced their own data and they built their own tech
    • 14:38 – The Famous Five

    3 Key Points:

    • When you become predictable, you lose SO much leverage.
    • If the idea of a business strikes you, go with that passion and just do it.
    • Be patient—it takes patience to be a successful entrepreneur.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • Show Notes provided by Mallard Creatives

    EP 538: Nexd.io Raises $1m Pre-Rev, Aims $6M Series A For Smart Sales Automation with Founder James and CEO Larry Jan 13, 2017
    Show notes

    James and Larry of Nexd.io. James is the founder and the Chief Stratgey Officer of Next.io and has previously worked with IBM, Socialware, SailPoint Techologies. He has studied at Berkeley and now builds softwares that help people everyday. Larry is the President and CEO of Nexd and is highly experienced in leadership and operations.

    Famous Five:

    • Favorite Book? – Peopleware (James)
    • What CEO do you follow? – Jeff Miller (Larry)
    • Favorite online tool? — Clearbit (James)
    • Do you get 8 hours of sleep?— Yes (Larry)
    • If you could let your 20-year old self, know one thing, what would it be? – James wished he built a network. Larry would tell himself that the most important thing is execution.

    Time Stamped Show Notes:

    • 01:42 – Nathan introduces James and Larry to the show
    • 02:10 – Larry just joined Nexd and he's the new CEO
      • 02:26 – Larry helps James build a business around the idea
      • 02:34 – Larry's background is multiple CEO
    • 03:35 – James shares why he brought Larry in
    • 03:59 – Nexd was founded 14 months ago
    • 05:23 – Nexd's space is analytics
      • 05:45 – Nexd analyzes which emails are effective
    • 05:55 – Nexd is currently on pre-revenue
    • 06:00 – Nexd raised a million dollars on a seed round
      • 06:10 – It is a convertible note
      • 06:12 – Nexd did 2 convertible notes
    • 07:10 – Larry discusses what he thinks about CEOs and founders not being on good terms in a company
      • 07:20 – Larry has been an advisor to VCs
      • 07:30 – Larry shares his advice to entrepreneurs
        • 07:56 – Founders and CEOs should agree on who is going to drive the steering wheel
    • 08:43 – Larry shares how he and James would represent the company in a sample article with TechCrunch
    • 09:15 – Larry shares how they would resolve a possible disagreement in a seed round
    • 10:17 – It was James' own decision to get a CEO
    • 10:48 – On the technical side, there is another co-founder
    • 11:10 – "What Nexd is doing is going to be a game changer"
    • 11:32 – Nexd targets sales manager and sales reps
    • 12:58 – James and his co founder's background is enterprise integration problems
      • 13:20 – "We're trying to be a system of engagement for multiples systems of work"
    • 13:43 – Target for Series A is $6-7M
    • 14:08 – A minimal viable product is needed to step forward—a pilot that has been tested
    • 15:50 – Nexd is not interested on a quick exit and they are going to be the next great company
    • 17:50 – The Famous Five

    3 Key Points:

    • Choose someone who can do something you're not good at and who you respect.
    • Founders and CEOs should agree on who's going to drive the steering wheel – if issues come up, own your mistakes and deal with it.
    • You need a minimal viable product with validation from potential customers to move forward with your business.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • Show Notes provided by Mallard Creatives

    EP 537: Raised $150k Then CTO Left, Now He's Cruising $30k MRR with LeadFuze CEO Justin McGill Jan 12, 2017
    Show notes

    Justin McGill. He's an entrepreneur and owned a startup in 2008 when he started a digital agency. After he scaled that out, he launched LeadFuze – a B2B lead generation platform. He's also the co-host of Zero to Scale Podcast which gives us a behind the scenes look at growing a startup with 200K per month in MRR.

    Famous Five:

    • Favorite Book? – The Ultimate Sales Machine
    • What CEO do you follow? – Elon Musk
    • Favorite online tool? — ZenPayroll which is now Gusto and bench.co
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – Justin would've told himself that entrepreneurship was a path in life he could take

    Time Stamped Show Notes:

    • 01:50 – Nathan introduces Justin to the show
    • 02:15 – LeadFuze is a software platform
      • 02:21 – LeadFuze allows to you to search for contact information and automate the outreach to ideal and prospective customers—turning them into possible sales opportunities
    • 02:35 – LeadFuze is a subscription-based company
    • 02:55 – Average MRR is $175
      • 03:08 – Early stage companies are using LeadFuze
    • 03:25 – Average number of customers
    • 03:45 – LeadFuze started off completely bootstrapped and had a small raise of $150K
      • 03:56 – Two of three investors are Rob Walling of Drip and David Hauser of Grasshopper
    • 04:26 – Justin shares why he decided to take capital
    • 04:43 – Justin did a small equity round
    • 06:10 – If you're trying to grow your sales, LeadFuze can help you
    • 06:43 – LeadFuze is web-based
    • 07:00 – LeadFuze wants to focus exclusively on lead generation
    • 07:24 – LeadFuze is a software with a service
    • 08:14 – Gross customer churn and revenue churn
      • 08:35 – "Customers stay for 6 months or so"
    • 09:15 – Why not just charge $175 upfront?
      • 09:31 – LeadFuze is currently a product company without engineering help
      • 09:47 – Justin is trying to look for a CTO
    • 10:58 – Justin shares why his CTO left
    • 11:57 – Current team size on remote
      • 12:18 – About to open an office in Phoenix, AZ
    • 12:30 – LeadFuze has 3 co-founders, one who was Justin's sales coach
    • 13:55 – CAC
      • 14:05 – Around $300
    • 14:28 – Justin invested in content and that is what driving the signups at the moment
    • 14:50 – LeadFuze offers 20 leads for free
      • 15:02 – 8.5% of the signups convert from free trial to paid
      • 15:10 – Free trial doesn't require a credit card
    • 15:40 – Total 2015 revenue
      • 15:50 - LeadFuze started totally free
      • 16:11 – Average total cash flow by the end of 2015 is around $250K
    • 16:45 – Some of the sources where LeadFuze pulls data are from ClearBit, Full Contact, and Tower Data
    • 17:23 – Hit Justin up on Twitter
    • 18:55 – The Famous Five

    3 Key Points:

    • As a startup, the pay-as-you-go model may be more beneficial than subscription plans.
    • Entrepreneurs need to be more open about their people leaving.
    • Don't waste time and TAKE the leap as early as you can.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • ClearBit, Full Contact, and Tower Data Where LeadFuze pulls its data
    • @Jus10McGill – Justin's Twitter handle
    • Show Notes provided by Mallard Creatives

    EP 536: HGData $24M Raised, $10M 2016 Revenue Helping B2B Companies Get Accurate Data with Mark Godley Jan 11, 2017
    Show notes

    Mark Godley. He has held leadership positions at technology companies of all different sizes from pre-revenue to publicly traded. He's best known for driving revenue and outpacing industry growth while rejecting herd mentality. Outside of work, Mark finds time daily to read, work-out, and cook—all the while, being an engaged father, spouse, and citizen.

    Famous Five:

    • Favorite Book? – The Devil in the White City
    • What CEO do you follow? – Henry Schuck and Yonatan Stern
    • Favorite online tool? — Flipboard, Stitcher, GaggleAMP and Lead Forensics
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – "Living below your means gives you tons of options. Think about the life you want at age 50 and work backwards. We're running a marathon not a sprint, and it takes planning, sacrifice and resilience and then, don't define success and happiness by your paycheck"

    Time Stamped Show Notes:

    • 01:42 – Nathan introduces Mark to the show
    • 02:25 – HG Data is in a competitive and intelligent space
      • 02:35 – HG Data build data sets, used by sales and marketing teams, to do precision targeting at scale
    • 03:05 – The founder founded HG Data in 2012 after an exit
    • 03:43 – Mark is the Chief Revenue Officer (CRO) at HG Data
      • 04:02 – Mark handles all the market phasing for the company
    • 04:31 – When HG Data was founded it served the enterprise space
      • 04:49 – Last year is when they started to go down market
      • 04:58 – Number of enterprise clients is 15-20 with 6-figure ARR
      • 05:15 – HG Data had traditional customers, as well, that totaled 50
      • 05:58 – HG Data transitioned from a data company to a product company
      • 06:12 – Total ASP
    • 06:50 – HG Data wants to increase the customer base, but lower the RPU
      • 07:56 – HG Data created a use-space specific databases
    • 08:19 – HG Data tries to keep the balance of enterprise and down market pricing
      • 08:34 – 50% of the revenue is from direct clients and 50% is from the partners
    • 09:22 – Mark shares what he is worried about in regards to their target
    • 10:09 – Mark shares how their partners use their data
    • 10:55 – Average pay per user annually
    • 12:05 – There are 10-50 OEMs in the customer base
    • 12:37 – Average number of customers
    • 13:00 – Mark only follows ARR and not MRR
    • 13:27 – Mark shares that they are focused on building the new space—they are currently spending and losing money by design, but hoping for a positive cash flow
    • 14:00 – Gross annual customer churn is less than 10%
      • 14:30 – "We've had one 6-figure churn in the last 4 years"
    • 14:40 – CAC
    • 15:23 – "We're looking for a more high-velocity sales model"
    • 16:13 – The company is based in Santa Barbara, where they have 80 employees
    • 16:42 – Connect with Mark through Twitter and LinkedIn
    • 18:40 – The Famous Five

    3 Key Points:

    • "We're running a marathon, not a sprint, and it takes planning, sacrifice, and resilience."
    • Be mindful of your partners BEFORE making decisions.
    • Live without regrets.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • @Mgodley21 – Mark's Twitter handle
    • LinkedIn – Mark's LinkedIn account
    • Show Notes provided by Mallard Creatives

    EP 535: He's 24 yo Founder, Now VC at Hummingbird Jan 10, 2017
    Show notes

    Dominik Vacikar. He is currently an Associate at Hummingbird VC, but was previously the co-founder of Spaceship and some other startups, including Growth at Nestpick. Listen as Dominik gives us an inside look at the workings of Spaceship and why he was chosen by Hummingbird for a very specific task.

    Famous Five:

    • Favorite Book? – Zero to One
    • What CEO do you follow? – N/A
    • Favorite online tool? — Stripe
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – Dominik wishes he wasn't so hard on himself, so long as he was progressing

    Time Stamped Show Notes:

    • 01:35 – Nathan introduces Dominik to the show
    • 02:00 – Spaceship started as a side project when Dominik had their lead generation tool in social media
    • 03:02 – Dominik shares how Spaceship works
      • 03:18 – Spaceship searches your entire target audience and provides you with prospect data
    • 03:35 – Spaceship is pay-as-you go
    • 03:51 – 10% of Spaceship's customers are on a monthly plan
    • 04:10 – Spaceship was launched in October 2015
    • 04:30 – 2015 revenue
    • 04:55 – Current total revenue
    • 05:12 – Dominik shares why he turned to Hummingbird
    • 06:33 – Spaceship was bootstrapped
    • 06:52 – Spaceship's current team size
    • 07:20 – Dominik has been with Hummingbird for 2 months
    • 07:30 – Hummingbird wants Dominik to build a radar for startups
      • 07:54 – The radar will track interesting companies and identify them
    • 08:29 – Dominik shares how their product is different from Crunchbase
    • 09:31 – Dominik shares the variables they use to identify the startups
    • 10:30 – The current biggest problem is updating the data as frequently as possible
    • 11:45 – Hummingbird is good at identifying the funders' DNA
    • 12:08 – Hummingbird's main area of expertise
    • 13:00 – Hummingbird might be interested in a Series A
    • 13:21 – Hummingbird's ARR target
    • 14:05 – Nathan asks Dominik about Spaceship's founder
    • 14:37 – Dominik is active on Twitter and LinkedIn
    • 16:10 – The Famous Five

    3 Key Points:

    • Growth comes in many forms—sometimes from within your own company or from the help of others.
    • Develop your expertise by drawing knowledge from other fields and markets.
    • Your progress determines your future and YOU set the pace.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • @chichikid – Dominik's Twitter handle
    • LinkedIn – Dominik's LinkedIn account
    • Show Notes provided by Mallard Creatives

    EP 534: 29yo Radius CEO Raises $100M, Helping Expand B2B Sales Pipelines with Darian Shirazi Jan 09, 2017
    Show notes

    Darian Shirazi. He's the CEO and co-founder of Radius. He was an early employee at Facebook and worked on the" Sell Your Item" Team at eBay. He's founded, invested, and advised many successful technology companies. Prior to starting Radius, Darian studied Computer Science and Philosophy at UC Berkeley. He's also a prominent keen speaker at Top of Technology Innovation.

    Famous Five:

    • Favorite Book? – The Essays of Warren Buffet
    • What CEO do you follow? – Marc Benioff
    • Favorite online tool? — Yesware
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – "How much harder building the business is than you originally thought and how once you get to scale how amazing it feels."

    Time Stamped Show Notes:

    • 01:42 – Nathan introduces Darian to the show
    • 02:15 – Darian shares about his time with Facebook
      • 02:30 – Darian's favorite project on Facebook was Facelift
    • 02:45 – Darian shares what he thinks of Mark Zuckerberg
    • 03:30 – Darian can't think of a time when Mark was at odds with another team member
    • 03:58 – Radius is about growing pipelines for B2B marketers
      • 04:08 – The customers are typically enterprise and mid-market businesses
      • 04:15 – Radius fixes data
      • 04:30 – Radius' services
    • 04:48 – The whole foundation of the product starts with the Radius business graph
    • 05:17 – Darian shares how they help the client
    • 05:40 – Darian shares how Radius is different with CB Insights
      • 05:50 – Radius' data is powered by their customers which allows them to access their CRMs
      • 06:20 – The activity data allows Radius to improve their data
      • 06:50 – Radius doesn't rely on publicly available data
    • 07:30 – Radius was founded in 2011 and launched in 2013
    • 08:00 – Average number of customers
      • 08:30 – It is not really a seat model
      • 09:10 – Radius has a used cased expansion
    • 09:41 – Team size is currently 150 people
    • 10:00 – Radius has currently raised $100M
      • 10:25 – Radius still has a lot of net capital left
      • 10:42 – Radius' retention for enterprise customers is around 93%
    • 10:50 – Gross monthly customer churn
    • 11:24 – Darian shares what drives their revenue
      • 11:48 – Radius's implementation day is only 18 days so customers see the value quickly
    • 12:11 – Radius' pricing
    • 12:23 – ACV
    • 13:00 – First year revenue
    • 13:25 – Darian has 2 co-founders
    • 14:07 – Radius requires a team
      • 14:28 – Darian hired people from enterprise companies
    • 15:00 – Darian shares Radius's CAC to LTV ratio
      • 15:36 – Radius's sales cycle
      • 15:52 – "Customer trust is our number one value"
      • 16:50 – It is difficult to measure CAC to LTV when enterprise companies rely on big events for marketing
    • 17:53 – Radius's growth rate
    • 19:14 – Radius' marketing budget
    • 19:29 – The amount Radius spends on Dreamforce
      • 20:27 – Dreamforce is an incredible way to grow a pipe
    • 20:40 – Is Radius going to be the next Benioff's acquisition?
    • 21:48 – Darian shares how Microsoft has been an incredible partner for Radius
    • 22:36 – The last funding
    • 23:05 – Darian discusses Radius' future
    • 23:40 – Follow Darian at Twitter and email him
    • 25:35 – The Famous Five

    3 Key Points:

    • It takes a great team to create a great product.
    • Take what you've learned from your last employer, be grateful for it, and leave graciously.
    • Acquisition requires planning, an exchange of ideas, and thorough researching.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • Ceo@Radius.com – Darian's email address
    • @Darian314 – Darian's Twitter handle
    • Show Notes provided by Mallard Creatives

    EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet Jan 08, 2017
    Show notes

    Tim Saumet. He is the CTO of the company called Tilkee – a SaaS solution software for business proposals, follow ups, and sales process tracking. It is a super hot space. Before that, he was involved with OXFOC Technologies as the CEO. He is also a Manager of General Services in another company and a Project Manager at Travel Due.

    Famous Five:

    • Favorite Book? –100 Conseils Pratiques Pour Couler sa Boite
    • What CEO do you follow? – Bruno Bonnell and Elon Musk
    • Favorite online tool? — Zapier
    • Do you get 8 hours of sleep?— "Yes" for Kate and "No" for Tim
    • If you could let your 20-year old self, know one thing, what would it be? – Tim would have focused more on personal development

    Time Stamped Show Notes:

    • 01:37 – Nathan introduces Tim to the show
    • 02:13 – Kate is developing the European market
    • 02:30 – Tim used to be a salesman and it was difficult for him
    • 03:03 – Tilkee is a simple SaaS software to analyze a prospect's behavior
    • 03:30 – Tilkee works with any kind of document
    • 03:50 – Tilkee started as a side project 3 and a half years ago
    • 05:00 – First year revenue was $20K
    • 05:15 – Tilkee is currently serving 800 customers
    • 05:41 – Average customer pay per month
    • 06:20 – December 2015 MRR
    • 07:30 – Tim started with small companies, then progressed to enterprise companies
    • 08:05 – Tim pivoted the product and customer base
    • 08:12 – Tim raised, 2 years ago, a million and a half dollars
    • 08:34 – Tim is thinking of raising more next year
      • 09:08 – Tim won't go to a typical Series A round
      • 09:35 – Employees have a part of the equity
    • 10:15 – Tim wants a raise, but would still want more than 50% of the company
    • 10:37 – Typical valuation in Europe
    • 11:15 – Gross monthly customer churn
    • 12:00 – Kate shares how they find their enterprise deals
    • 13:22 – Tilkee is not doing an e-signature but a u-sign from the European market
    • 14:14 – A customer lifetime value
    • 14:45 – Average CAC
    • 15:45 – Tilkee has an advertisement in one of the biggest French radio stations
    • 16:20 – Current team size is 20 and 15 from them are salespeople
    • 16:42 – Tim shares the stack they have built Tilkee on
    • 17:15 – Kate is currently using Pipedrive to drive Sales
    • 18:35 – Find Tilkee on Twitter and Facebook
    • 20:19 – The Famous Five

    3 Key Points:

    • You CAN solve your own problems—you just need to do the work of finding solutions.
    • Raising capital is always an option to take that next step forward for your business.
    • Meditation is a great avenue for personal development.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens and follow-up with email sequences
    • Jamf – Jamf helped Nathan kept his Macbook Air 11" secure even when he left it at the airplane's back seat pocket
    • @TilkeeUs – Tilkee's Twitter handle
    • Facebook – Tilkee's Facebook account
    • Show Notes provided by Mallard Creatives

    EP 532: $1m Raised, $70k MRR to Record Sales Calls and Coach with ExecVision's Steve Richard Jan 07, 2017
    Show notes

    Steve Richard whose mission in life is to help as many sales professionals as possible to become wildly successful. He has been featured in numerous publications including The Harvard Business Review, The Washington Business Journal, and The Washington Post. Outside of work, Steve enjoys scuba diving, skiing, running, and people-watching. He's from Arlington, VA, with his wife Ellen and their 4 kids all under the age of 7.

    Famous Five:

    • Favorite Book? – RSVP Selling
    • What CEO do you follow? – Tony Bates
    • Favorite online tool? — Owler
    • Do you get 8 hours of sleep?— No
    • If you could let your 20-year old self, know one thing, what would it be? – "You got to start with the technology company in the beginning because you're going to create much more impact on people's lives"

    Time Stamped Show Notes:

    • 01:58 – Nathan introduces Steve to the show
    • 02:45 – Steve shares the idea of ExecVision
    • 03:17 – ExecVision is a SaaS business
      • 03:20 – There are 50 organizations who are currently using ExecVision
    • 03:34 – ExecVision allows you to access, analyze, and share call records
    • 04:20 – Average pay per user per year and how it ranges per sales person
    • 04:54 – Average MRR
    • 05:24 – Sales professionals love ExecVision
    • 06:04 – ExecVision has coaching requests for their customers
    • 06:37 – Every month there's a high volume of requests for coaching
    • 07:13 – ExecVision has voice recognition
    • 07:52 – Richard shares how their customers find valuable keywords in ExecVision
    • 09:15 – Richard was running Vorsight before ExecVision
      • 09:50 – People pay per meeting
      • 10:02 – Richard used the profitability of Vorsight to fund ExecVision
    • 10:15 – Richard has raised capital for ExecVision
    • 10:58 – Richard shares what drives them
    • 11:38 – They have raised around $1M
    • 11:50 – Richard acquired ExecVision in April, 2015
    • 12:07 – None of the original people from ExecVision are still working with the company, but they have equity
    • 12:26 – Retention is 90% annually
    • 13:38 – CAC
    • 14:42 – Total head count is 15
    • 14:55 – ExecVision is based in Arlington, Virginia
    • 15:27 – First year revenue
    • 16:08 – Connect with Richard through Call Camp
    • 18:30 – The Famous Five

    3 Key Points:

    • Use your stress to CREATE an idea to relieve that stress.
    • Sales professionals who analyze and assess feedback well WILL improve in their field.
    • Make something that adds value to people's lives.

    Resources Mentioned:

    • Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments
    • Drip – Nathan uses Drip's email automation platform and visual campaign builder to build his sales funnel
    • Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn't have to hire a co-founder due to the quality of Toptal
    • Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
    • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
    • The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
    • Jamf – Jamf helped Nathan keep his Macbook Air 11" secure even when he left it in the airplane's back seat pocket
    • Call Camp – Steve's Call Camp Movement website
    • Show Notes provided by Mallard Creatives

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