Sep 11, 2020 · 26m · top-founders

8base is a next generation backend-as-a-service for powering SaaS and other go-to-market applications.

Albert Santalo · 13m spoken Nathan Latka · 8m spoken Eric Yuan · 4s spoken Vivek Bhaskaran · 2s spoken
0:00 / 0:00

gold bands on the timeline = statements, start to end. Hover to read, click to jump. CC turns on captions

In this interview with Nathan Latka, 8base founder and CEO Albert Santalo explains how his company combines a low-code GraphQL backend platform with productized consulting services to achieve operational profitability and approach $100K in monthly recurring revenue. Santalo discusses 8base's consumption-based pricing, exceptionally low churn, reliance on open web standards, and disciplined approach to capital efficiency.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. Nathan holds 37.9% of the talking time here. How this is scored →

Nathan as informed peer 5.4 Guest teaching 3.3 Guest disagreement 2.3 Nathan pushing back 4.3
05100:0010:0020:003:07–5:48 · Nathan as informed peer 6/10 8base Pricing Model and Upsell Expansion Levers Latka systematically probes the expansion levers of 8base's pricing tiers, pushing Santalo to define what drives upgrades. Santalo clarifies that team collaboration and CI/CD features drive enterprise upgrades faster than raw resource consumption.5:49–9:23 · Nathan as informed peer 6/10 Founder Backstory, CareCloud Dilution, and Bootstrapping Philosophy Latka pulls up CareCloud's funding history to challenge Santalo on dilution, then directly challenges Santalo's claim of being bootstrapped after raising $3.5M. Santalo defends his positioning by comparing seed-stage funding against $100M+ VC hypergrowth.9:25–11:55 · Nathan as informed peer 6/10 Balancing Productized Services and Recurring SaaS Revenue Latka and Santalo discuss the 80/20 services vs. platform revenue split. Latka demonstrates SaaS knowledge by noting how onboarding service contracts bolster net retention, while Santalo jokes about the overhead of managing venture capitalists.11:55–14:49 · Nathan as informed peer 4/10 Go-to-Market Evolution and Commercial Customer Traction Santalo explains why 8base moved from bottoms-up open-source developer targeting to commercial B2B non-technical founders with budgets. Latka tracks the timeline and explores customer count metrics.14:49–17:21 · Nathan as informed peer 5/10 Freemium Paywall Rollout and High-Value Client Implementations Latka asks for conversion metrics when the paywall was introduced and examines how custom development deals translate into monthly recurring SaaS fees. Santalo outlines economics around a $200k initial setup transitioning into $500/month MRR.17:21–21:53 · Nathan as informed peer 6/10 Standardized Architecture and Preventing Proprietary Lock-In Santalo rejects the idea that customers stay purely because of sunk-cost lock-in, explaining how open standards like GraphQL, MySQL, and TypeScript allow data portability. Latka compares their position against no-code tools like Bubble.21:53–24:25 · Nathan as informed peer 8/10 Analyzing Platform Churn Rates and Free Tier Utility Limits When Santalo claims churn is practically nonexistent and mentions a credit card dispute, Latka refuses the anecdote and forces a precise monthly revenue churn figure. Latka benchmarks the reported churn rate against 2,000 SaaS CEOs and quotes exact limits from 8base's live pricing page.24:26–25:43 · Nathan as informed peer 2/10 The Famous Five Rapid-Fire Questions Latka runs through his standard Famous Five rapid-fire questions covering favorite business books, CEOs, tools, sleep habits, and life advice.3:07–5:48 · Guest teaching 4/10 8base Pricing Model and Upsell Expansion Levers Latka systematically probes the expansion levers of 8base's pricing tiers, pushing Santalo to define what drives upgrades. Santalo clarifies that team collaboration and CI/CD features drive enterprise upgrades faster than raw resource consumption.5:49–9:23 · Guest teaching 3/10 Founder Backstory, CareCloud Dilution, and Bootstrapping Philosophy Latka pulls up CareCloud's funding history to challenge Santalo on dilution, then directly challenges Santalo's claim of being bootstrapped after raising $3.5M. Santalo defends his positioning by comparing seed-stage funding against $100M+ VC hypergrowth.9:25–11:55 · Guest teaching 3/10 Balancing Productized Services and Recurring SaaS Revenue Latka and Santalo discuss the 80/20 services vs. platform revenue split. Latka demonstrates SaaS knowledge by noting how onboarding service contracts bolster net retention, while Santalo jokes about the overhead of managing venture capitalists.11:55–14:49 · Guest teaching 4/10 Go-to-Market Evolution and Commercial Customer Traction Santalo explains why 8base moved from bottoms-up open-source developer targeting to commercial B2B non-technical founders with budgets. Latka tracks the timeline and explores customer count metrics.14:49–17:21 · Guest teaching 3/10 Freemium Paywall Rollout and High-Value Client Implementations Latka asks for conversion metrics when the paywall was introduced and examines how custom development deals translate into monthly recurring SaaS fees. Santalo outlines economics around a $200k initial setup transitioning into $500/month MRR.17:21–21:53 · Guest teaching 5/10 Standardized Architecture and Preventing Proprietary Lock-In Santalo rejects the idea that customers stay purely because of sunk-cost lock-in, explaining how open standards like GraphQL, MySQL, and TypeScript allow data portability. Latka compares their position against no-code tools like Bubble.21:53–24:25 · Guest teaching 3/10 Analyzing Platform Churn Rates and Free Tier Utility Limits When Santalo claims churn is practically nonexistent and mentions a credit card dispute, Latka refuses the anecdote and forces a precise monthly revenue churn figure. Latka benchmarks the reported churn rate against 2,000 SaaS CEOs and quotes exact limits from 8base's live pricing page.24:26–25:43 · Guest teaching 1/10 The Famous Five Rapid-Fire Questions Latka runs through his standard Famous Five rapid-fire questions covering favorite business books, CEOs, tools, sleep habits, and life advice.3:07–5:48 · Guest disagreement 2/10 8base Pricing Model and Upsell Expansion Levers Latka systematically probes the expansion levers of 8base's pricing tiers, pushing Santalo to define what drives upgrades. Santalo clarifies that team collaboration and CI/CD features drive enterprise upgrades faster than raw resource consumption.5:49–9:23 · Guest disagreement 3/10 Founder Backstory, CareCloud Dilution, and Bootstrapping Philosophy Latka pulls up CareCloud's funding history to challenge Santalo on dilution, then directly challenges Santalo's claim of being bootstrapped after raising $3.5M. Santalo defends his positioning by comparing seed-stage funding against $100M+ VC hypergrowth.9:25–11:55 · Guest disagreement 2/10 Balancing Productized Services and Recurring SaaS Revenue Latka and Santalo discuss the 80/20 services vs. platform revenue split. Latka demonstrates SaaS knowledge by noting how onboarding service contracts bolster net retention, while Santalo jokes about the overhead of managing venture capitalists.11:55–14:49 · Guest disagreement 2/10 Go-to-Market Evolution and Commercial Customer Traction Santalo explains why 8base moved from bottoms-up open-source developer targeting to commercial B2B non-technical founders with budgets. Latka tracks the timeline and explores customer count metrics.14:49–17:21 · Guest disagreement 2/10 Freemium Paywall Rollout and High-Value Client Implementations Latka asks for conversion metrics when the paywall was introduced and examines how custom development deals translate into monthly recurring SaaS fees. Santalo outlines economics around a $200k initial setup transitioning into $500/month MRR.17:21–21:53 · Guest disagreement 3/10 Standardized Architecture and Preventing Proprietary Lock-In Santalo rejects the idea that customers stay purely because of sunk-cost lock-in, explaining how open standards like GraphQL, MySQL, and TypeScript allow data portability. Latka compares their position against no-code tools like Bubble.21:53–24:25 · Guest disagreement 3/10 Analyzing Platform Churn Rates and Free Tier Utility Limits When Santalo claims churn is practically nonexistent and mentions a credit card dispute, Latka refuses the anecdote and forces a precise monthly revenue churn figure. Latka benchmarks the reported churn rate against 2,000 SaaS CEOs and quotes exact limits from 8base's live pricing page.24:26–25:43 · Guest disagreement 1/10 The Famous Five Rapid-Fire Questions Latka runs through his standard Famous Five rapid-fire questions covering favorite business books, CEOs, tools, sleep habits, and life advice.3:07–5:48 · Nathan pushing back 5/10 8base Pricing Model and Upsell Expansion Levers Latka systematically probes the expansion levers of 8base's pricing tiers, pushing Santalo to define what drives upgrades. Santalo clarifies that team collaboration and CI/CD features drive enterprise upgrades faster than raw resource consumption.5:49–9:23 · Nathan pushing back 6/10 Founder Backstory, CareCloud Dilution, and Bootstrapping Philosophy Latka pulls up CareCloud's funding history to challenge Santalo on dilution, then directly challenges Santalo's claim of being bootstrapped after raising $3.5M. Santalo defends his positioning by comparing seed-stage funding against $100M+ VC hypergrowth.9:25–11:55 · Nathan pushing back 3/10 Balancing Productized Services and Recurring SaaS Revenue Latka and Santalo discuss the 80/20 services vs. platform revenue split. Latka demonstrates SaaS knowledge by noting how onboarding service contracts bolster net retention, while Santalo jokes about the overhead of managing venture capitalists.11:55–14:49 · Nathan pushing back 3/10 Go-to-Market Evolution and Commercial Customer Traction Santalo explains why 8base moved from bottoms-up open-source developer targeting to commercial B2B non-technical founders with budgets. Latka tracks the timeline and explores customer count metrics.14:49–17:21 · Nathan pushing back 4/10 Freemium Paywall Rollout and High-Value Client Implementations Latka asks for conversion metrics when the paywall was introduced and examines how custom development deals translate into monthly recurring SaaS fees. Santalo outlines economics around a $200k initial setup transitioning into $500/month MRR.17:21–21:53 · Nathan pushing back 4/10 Standardized Architecture and Preventing Proprietary Lock-In Santalo rejects the idea that customers stay purely because of sunk-cost lock-in, explaining how open standards like GraphQL, MySQL, and TypeScript allow data portability. Latka compares their position against no-code tools like Bubble.21:53–24:25 · Nathan pushing back 7/10 Analyzing Platform Churn Rates and Free Tier Utility Limits When Santalo claims churn is practically nonexistent and mentions a credit card dispute, Latka refuses the anecdote and forces a precise monthly revenue churn figure. Latka benchmarks the reported churn rate against 2,000 SaaS CEOs and quotes exact limits from 8base's live pricing page.24:26–25:43 · Nathan pushing back 2/10 The Famous Five Rapid-Fire Questions Latka runs through his standard Famous Five rapid-fire questions covering favorite business books, CEOs, tools, sleep habits, and life advice.

speaking balance: gold is Nathan, purple is the guest (3 minute bins)

0:00 · Nathan 57.3% · guest 42.7%0:00 · Nathan 57.3% · guest 42.7%3:00 · Nathan 42% · guest 58%3:00 · Nathan 42% · guest 58%6:00 · Nathan 31.8% · guest 68.2%6:00 · Nathan 31.8% · guest 68.2%9:00 · Nathan 36.1% · guest 63.9%9:00 · Nathan 36.1% · guest 63.9%12:00 · Nathan 20.4% · guest 79.6%12:00 · Nathan 20.4% · guest 79.6%15:00 · Nathan 31% · guest 69%15:00 · Nathan 31% · guest 69%18:00 · Nathan 24.6% · guest 75.4%18:00 · Nathan 24.6% · guest 75.4%21:00 · Nathan 47.7% · guest 52.3%21:00 · Nathan 47.7% · guest 52.3%24:00 · Nathan 55.9% · guest 44.1%24:00 · Nathan 55.9% · guest 44.1%
Sharpest disagreement ▶ 17:30 Rebutting the sunk-cost vendor lock-in framing

Santalo firmly pushes back against Latka's suggestion that clients stay due to proprietary entrapment, insisting that 8base is architected around open standards to permit migration.

Hardest push from Nathan ▶ 22:35 Refusing anecdotal dispute stories to get real churn metrics

Latka rejects Santalo's deflection about a singular credit card dispute and insists on getting the exact monthly gross revenue churn percentage.

Biggest teaching moment ▶ 17:35 Educating on developer portability vs. proprietary no-code platforms

Santalo educates Latka on backend standardizations using GraphQL APIs, MySQL databases, and JavaScript/TypeScript stacks compared to proprietary no-code silos like Bubble.

Nathan holds their own ▶ 22:58 Benchmarking low-ACV churn against dataset of 2,000 SaaS CEOs

Latka demonstrates deep domain expertise by contextualizing Santalo's sub-1% monthly churn figure against historical data from thousands of low-ACV SaaS founder interviews.

the scores for every segment, with the reasoning behind each
ChapterTopicNathan as informed peerGuest teachingGuest disagreementNathan pushing backWhy
8base Pricing Model and Upsell Expansion Levers 6425 Latka systematically probes the expansion levers of 8base's pricing tiers, pushing Santalo to define what drives upgrades. Santalo clarifies that team collaboration and CI/CD features drive enterprise upgrades faster than raw resource consumption.
Founder Backstory, CareCloud Dilution, and Bootstrapping Philosophy 6336 Latka pulls up CareCloud's funding history to challenge Santalo on dilution, then directly challenges Santalo's claim of being bootstrapped after raising $3.5M. Santalo defends his positioning by comparing seed-stage funding against $100M+ VC hypergrowth.
Balancing Productized Services and Recurring SaaS Revenue 6323 Latka and Santalo discuss the 80/20 services vs. platform revenue split. Latka demonstrates SaaS knowledge by noting how onboarding service contracts bolster net retention, while Santalo jokes about the overhead of managing venture capitalists.
Go-to-Market Evolution and Commercial Customer Traction 4423 Santalo explains why 8base moved from bottoms-up open-source developer targeting to commercial B2B non-technical founders with budgets. Latka tracks the timeline and explores customer count metrics.
Freemium Paywall Rollout and High-Value Client Implementations 5324 Latka asks for conversion metrics when the paywall was introduced and examines how custom development deals translate into monthly recurring SaaS fees. Santalo outlines economics around a $200k initial setup transitioning into $500/month MRR.
Standardized Architecture and Preventing Proprietary Lock-In 6534 Santalo rejects the idea that customers stay purely because of sunk-cost lock-in, explaining how open standards like GraphQL, MySQL, and TypeScript allow data portability. Latka compares their position against no-code tools like Bubble.
Analyzing Platform Churn Rates and Free Tier Utility Limits 8337 When Santalo claims churn is practically nonexistent and mentions a credit card dispute, Latka refuses the anecdote and forces a precise monthly revenue churn figure. Latka benchmarks the reported churn rate against 2,000 SaaS CEOs and quotes exact limits from 8base's live pricing page.
The Famous Five Rapid-Fire Questions 2112 Latka runs through his standard Famous Five rapid-fire questions covering favorite business books, CEOs, tools, sleep habits, and life advice.

Statements from this episode (14)

Assertion Not publicly verifiable
Santalo: IBM Global Services uses 8base for European client work
“One of those is IBM global services actually uses a base for work they're doing in Europe.”
Albert Santalo Sep 11, 2020 ▶ 5:12
Assertion Not checkable as stated
Santalo: 8base self-service developers average $100 per month
“No, I'd say in the developer channel it's probably You know, the developer and sort of self-service channels by a hundred bucks a month.”
Albert Santalo Sep 11, 2020 ▶ 5:31
Assertion Supported
Santalo: CareCloud raised over $100 million in venture capital
“My last company raised over a hundred million dollars of venture money.”
Albert Santalo Sep 11, 2020 ▶ 6:03
Disclosure
Santalo: 8base has raised $3.5 million from angels and seed funds
“We, we've raised three and a half million dollars. It's all been from angels and seed funds.”
Albert Santalo Sep 11, 2020 ▶ 7:46
Disclosure
Santalo: 8base is profitable and does not need funding
“The company's profitable, so we don't need money.”
Albert Santalo Sep 11, 2020 ▶ 8:14
Disclosure
Santalo: 8base's revenue split is roughly 80% services and 20% platform
“So those percentages are changing, but call it 20% platform, 80% services.”
Albert Santalo Sep 11, 2020 ▶ 9:42
Disclosure
Santalo: 8base funds software development with services revenue over VC
“The idea is that the service revenue feeds the beast in lieu of venture capital while we build up the recurring platform revenue”
Albert Santalo Sep 11, 2020 ▶ 9:50
Disclosure
Santalo prefers to avoid Series A and later venture capital entanglements
“There are series A and after entanglements, which I would much rather avoid if I can.”
Albert Santalo Sep 11, 2020 ▶ 11:47
Assertion Not checkable as stated
Santalo: 8base is approaching 1,000 platform customers
“Man, it's like somewhere approaching a thousand or so.”
Albert Santalo Sep 11, 2020 ▶ 12:02
Insight
Santalo: A $25/month freemium SaaS model requires tens of millions in VC
“It's not a free trial at 25 bucks a month. You're just not going to get there without 10 tens of million dollars of venture money.”
Albert Santalo Sep 11, 2020 ▶ 15:15
Disclosure
Santalo: 8base closed a $200,000 custom development deal in 2018
“And that deal was a 200 K deal.”
Albert Santalo Sep 11, 2020 ▶ 16:25
Assertion Supported
Santalo: Leaving Bubble requires completely rebuilding applications from scratch
“Bubble's a great platform, but if you ever need to get off of it cause it's not scaling or whatever, you're gonna have to rebuild the whole thing.”
Albert Santalo Sep 11, 2020 ▶ 18:41
Assertion Not checkable as stated
Santalo: 8base is approaching $100K in monthly platform recurring revenue
“We're like almost there.”
Albert Santalo Sep 11, 2020 ▶ 19:30
Assertion Not checkable as stated
Santalo: 8base monthly gross revenue churn is under 1%
“It's less than one percent.”
Albert Santalo Sep 11, 2020 ▶ 22:51
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.