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

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

FromSaaS Interviews with CEOs, Startups, Founders


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

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
21 minutes
Released:
Apr 18, 2024
Format:
Podcast episode

Description

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?
Released:
Apr 18, 2024
Format:
Podcast episode

Titles in the series (100)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon