Podknife - eCommerce SaaS hits $13m 2021 GMV, How He's Hedged Chile Interest Rates, Macroeconomic Headwinds by SaaS Interviews with CEOs, Startups, Founders

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eCommerce SaaS hits $13m 2021 GMV, How He's Hedged Chile Interest Rates, Macroeconomic Headwinds

Podcast |: SaaS Interviews with CEOs, Startups, Founders
Publisher |: Nathan Latka
Media Type |: audio
Podknife tags |: Business,; Careers,; Entrepreneurship,; Interview,; Management & Marketing,; SaaS,; Startups,; Technology
Categories Via RSS |: Business,; Entrepreneurship
Publication Date |: Aug 24, 2023
Episode Duration |: 00:22:18

When $200k Monthly Burn Kills You: He has 110 FTE’s but monetary policy in central america is killing his SaaS customers. Revenue drooped from $13m in 2021 to $6m in 2022 and he made the tough call to fire 85 FTE’s (80% of his team) for a shot at sustainability. How he did it. How to survive when you’re burning $200k per month and your revenue drops from $13m to $6m in 18 months.

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