Odoo spends 6% of revenue on R&D
“He pays his engineering team in 2023, pay them $20,000,000 against $320,000,000 of revenue. 6% of revenue on r and d.”
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The $100M SaaS Playbook: 9 Case Studies on Traffic, Leads and SalesNathan Latka walks software founders through nine case studies, from Odoo's open source model to Brevo's cheap acquisitions, in a live webinar.
Nathan Latka
Published September 20, 2024Explore the lesson. Sign in to access the resource library.
Nathan Latka runs a live Founderpath webinar on September 17 that walks through nine SaaS case studies grouped into traffic, leads and sales. He covers Omnisend's SEO, Odoo's open source model, Aircall's integrations, Bynder's agency start, Bird's price war and Brevo's cheap acquisitions, and demos Founderpath Analytics along the way.
Read the source passagesFind the ideas you need and go straight to the source.
“He pays his engineering team in 2023, pay them $20,000,000 against $320,000,000 of revenue. 6% of revenue on r and d.”
“Binder, Loom, Hootsuite, ClickUp. They all started as agencies.”
“Founder market fit is more important than product market fit.”
“They acquired someone that actually built the rails, SparkPost, one of the CPaaS tools, Communication Platform as a Service.”
“Don't market artificial intelligence. Use AI in your product to make your users more productive to drive usage based revenue.”
Video
Nathan Latka was 19 when he hit $1m in ARR at his first SaaS company (Heyo.com). Shortly after, VC's made an offer to buy 20% of his company for $2m ($10m valuation). Latka accepted .... and then reality hit.
His company got an acquisition offer for $6.5m which his new VC's blocked. He quickly learned: Selling equity to VC's reduces your options. Why does everyone celebrate raising VC?
Eventually, he exited the company in 2015 and launched a podcast (google Latka Podcast) which features a new SaaS CEO every day. He has interviewed 3,584 of the worlds top SaaS founders over the last 5 years.
Today, he helps founders raise non-dilutive capital out of his $150m fund at Founderpath. To date, 200 founders have taken $100m in capital. The firm will deploy $250m this year.
Nathan Latka · Founderpath
Nathan Latka
Nathan Latka
Nathan Latka · Founderpath
Nathan Latka
Nathan Latka · Founderpath