Scott grew up in the suburbs of Philadelphia and studied business at PSU. After working as a 3D VFX Artist, Scott ventured into manufacturing, wholesale and distribution of electronic novelties. During the recession Scott realized that business had changed forever and in order to compete businesses were going to need a whole new set of tools. This gave rise to Sellution.

1705 Would You Ever Put $1m Of Your Own Money In Before Turning on Revenue?

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.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Entrepreneurship

Ryan Allis launched iContact when he was 18. He made $15m cash when he exited in 2011 for $169m. He shares his negotiation with Salesforce Marc Benioff, how he found 10 profitable acquisition channels, 70,000 customers, and broke $50m in revenues. Will he buy it back for $1 one day?

27 year old Founder exited for $169m at $50m ARR. How much cash did he take home at exit?

LMS365 raised $20m in 2023 at a $100m valuation - a 5x multiple on $20m of ARR. As of April 2024, they do $30m in ARR. Their 200 person team is focused on building software for the Microsoft ecosystem. Can they hit $40m ARR this year?

This Danish CEO Hit $30m ARR using Unique 14 Hub Model Selling Software for Microsoft Ecosystem

How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool

They hit $3m ARR fast using MTU tiers on their pricing page. Raised $7m in 2023 at a $35m post money valuation and are burning $30k per month today. Focus is profitability before Q2 2025, will they hit it?

Genius SaaS Pricing Page Generated $3m in Revenue Last Year

Rural mom and pop shops love him. 13,000 have purchased his POS and software system processing over $1.85 billion in GMV in 2023 across 35m transactions. Can he crack $2b GMV in 2024?

1705 Would You Ever Put $1m Of Your Own Money In Before Turning on Revenue?

Download our free app to listen on your phone