This episode carries Saravana Kumar's own address, with nobody on the show putting
questions to them. It still counts as said, and it is kept out of every score on their page.
Saravana Kumar, founder and CEO of Kovai.co, discusses his long-term growth targets for the bootstrapped software company at SaaS Open.
0:00 / 0:09exact quote · 9.3s
720p mp4 · rendered on demand · StarZero watermark
“And the objective for us is to build a hundred million dollar run rate business by 2030, like, sooner, sooner if possible.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Saravana Kumar
Opinion
Founders cannot build a bootstrapped software company in Western Europe
“You cannot build a product company, especially a bootstrap company from London or anywhere from Europe.”
Kumar: Founders should avoid flat organizations and build hierarchy quickly
“And don't build a flat structure. Because what typically happens is when you're in the early stages, like, you know, 10 people, 20 people, et cetera, you try to build a flat structure, right? Everybody reports to you. And it's fine. But once you start scaling,…”
Saravana KumarJun 9, 2023▶ 10:5612 Founders disciplines that helped to bootstrap to $10m+ ARR
Insight
Kumar: Building multiple $20M-$30M products is easier than one $100M business
“It's harder to build a single product, hundred million dollar business. Then, you know, like, it's fairly, comparatively easy to build, like, a 20, thirty million dollar businesses.”
Saravana KumarJun 9, 2023▶ 13:3412 Founders disciplines that helped to bootstrap to $10m+ ARR
Insight
Sourcing elite product developers in India is difficult despite massive talent pools
“I think in India, the challenge is the quantity is there. If you want, say for example, tomorrow you want 1000 developers, you can go to one of those TCS and Wipros and say, tomorrow I need a team of 1000 developers. It's not a problem. But if you wanted to ge…”
Indian software engineers value cash and bonuses over startup equity
“I think it would be very difficult to convince on a equity basis because, you know, it's a paper money for them, right? Like I think it's you will be better off paying them a good salary and maybe some kind of a bonus rather than explaining equity”
Kumar personally approves invoice payments at Kovai.co to ensure financial visibility
“Still I approve a lot of invoices. Okay, there are, you know, like, it goes through workflow, the people put through everything, but the final approval, the money that going out of the bank is actually, you know, like, I control it. I won't control it in the s…”
Saravana KumarJun 9, 2023▶ 14:0512 Founders disciplines that helped to bootstrap to $10m+ ARR
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