Matt Prados

14 statements across 2 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Oct 12, 2022 by Matt Prados · across every show →

On the record as a speaker too: Matt Prados's record, appearances and statements → this page counts the times other people say the name.

Everything said about Matt Prados, oldest first

Oct 12, 2022
Disclosure
Prados: Neither he nor his co-founder wife holds a college degree
“I walked out of college after six weeks, never went back, she never even went to college. We have no degrees.”
Matt Prados Oct 12, 2022 ▶ 20:30 $100m Deck Builder: Bootstrapped to $100M Valuation
Oct 12, 2022 positive
Disclosure
Prados: Invested ~$250k in executive masterminds over the last decade
“I've spent probably a quarter million dollars in the last 10 years on my education, so I didn't go to college college, but, you know, I've joined, you know, masterminds you know, everything from Dan Kennedy to Frank Kern to Dan Martell”
Matt Prados Oct 12, 2022 ▶ 20:51 $100m Deck Builder: Bootstrapped to $100M Valuation
Oct 12, 2022 positive
Disclosure
Prados takes monthly profit distributions rather than reinvesting everything for growth
“So I take chips off the table every single month, right? I take distributions while growing the business at a very rapid pace, et cetera.”
Matt Prados Oct 12, 2022 ▶ 15:55 $100m Deck Builder: Bootstrapped to $100M Valuation
Oct 12, 2022 negative
Opinion
Prados: VCs resist founder secondary liquidity despite marketing claims
“They didn't really like, they don't love the secondary amount, even though they all say on their website, they love giving you liquidity. They don't, they want you to be, you know, tied to the game and, you know, not go off and be distracted. So it depends and…”
Matt Prados Oct 12, 2022 ▶ 17:14 $100m Deck Builder: Bootstrapped to $100M Valuation
Oct 12, 2022
Disclosure
Prados: Review Wave targeted $150M valuation with $15M in founder secondary
“Yeah, so, I mean, we were looking at, you know, pretty much a hundred fifty million dollar valuation, 20% deal 50% for secondary, which is where you take it off the table, and then 50% to leave on the books, so we were going to take that fifteen million. We've…”
Matt Prados Oct 12, 2022 ▶ 14:27 $100m Deck Builder: Bootstrapped to $100M Valuation
Oct 12, 2022 neutral
Disclosure
Prados: Review Wave raised $150K from an angel but never spent it
“We did have one small, like, early, early, you know, 150 K from Angel at that point was a strategic kind of deal, but we've never spent the money. It's been in the bank the whole time.”
Matt Prados Oct 12, 2022 ▶ 7:23 $100m Deck Builder: Bootstrapped to $100M Valuation
Oct 12, 2022
Disclosure
Prados: Review Wave received 3 term sheets and signed 1 before withdrawing
“We sent it out to everybody who basically reached out ever to us to just get some feedback, see what the deal was. That was, you know, probably 40 different firms. From that we ended up in 30 different conversations. And from that we got down to like three Bas…”
Matt Prados Oct 12, 2022 ▶ 13:13 $100m Deck Builder: Bootstrapped to $100M Valuation
Feb 15, 2024 positive
Assertion Not checkable as stated
Prados: Review Wave is approaching 6,000 locations across US and Canada
“Were approaching the 6000 mark for locations across the U S and Canada.”
Matt Prados Feb 15, 2024 ▶ 3:05 This CEO Does $20m/year Selling Software to Chiropractic Offices
Feb 15, 2024
Disclosure
Prados bought a $3M beach house and G-Wagon with business profits
“So, so we took profits for, you know, a number of years and it was good money. I mean, you know, I bought the, you know, the, you know, three million plus, you know, beach house that I've always wanted, you know, got the G wagon, you know, every, everybody's, …”
Matt Prados Feb 15, 2024 ▶ 16:07 This CEO Does $20m/year Selling Software to Chiropractic Offices
Feb 15, 2024
Insight
Prados: Poor physical fitness hard-caps mental potential and success
“Everybody's got a different potential, but your physical fitness will limit your potential of your mind. Right. So, so it doesn't matter how many books you read, how much personal development that you chase. If your body's a disaster, if you're overweight, if …”
Matt Prados Feb 15, 2024 ▶ 17:56 This CEO Does $20m/year Selling Software to Chiropractic Offices
Feb 15, 2024 bullish
Prediction Not checkable as stated
Review Wave will likely break a $20M run rate in February 2024
“And we'll probably break the twenty million run rate this month.”
Matt Prados Feb 15, 2024 ▶ 3:13 This CEO Does $20m/year Selling Software to Chiropractic Offices
Feb 15, 2024
Insight
Having $250K versus $2.5M liquid doesn't change your life much
“If you have 250,000 dollars liquid in the bank or you have, you know, 2.5 million dollars liquid in the bank, your life really doesn't change too much unless you're just crazy and you want to spend it.”
Matt Prados Feb 15, 2024 ▶ 16:26 This CEO Does $20m/year Selling Software to Chiropractic Offices
Feb 15, 2024
Disclosure
Review Wave acquired Practice Pal in an all-stock transaction
“I did an all stock deal.”
Matt Prados Feb 15, 2024 ▶ 12:03 This CEO Does $20m/year Selling Software to Chiropractic Offices
Feb 15, 2024
Disclosure
Review Wave remains fully bootstrapped while entertaining potential investment firms
“Still, still bootstrapped you know, always being approached currently entertaining a couple of firms, you know, they're always, you're always trying to, you know, date somebody and create relationships.”
Matt Prados Feb 15, 2024 ▶ 10:33 This CEO Does $20m/year Selling Software to Chiropractic Offices
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