Matt Prados, founder of Review Wave, discusses investing heavily in non-traditional executive education and coaching with Nathan Latka at the Founder 500 conference.
0:00 / 0:12exact quote · 12.6s
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“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”
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More from Matt Prados
Disclosure
Prados: Review Wave is strictly 'remote never' and rejects remote work
“We are not remote first. We're remote. We're remote never. I hate that business model.”
Matt PradosOct 12, 2022▶ 5:52$100m Deck Builder: Bootstrapped to $100M Valuation
PredictionNot checkable as stated
Prados: Review Wave expects 150% to 160% NRR by year-end
“We've got a number of strategies where, you know, the net revenue retention you know, we're going to go for is going to be, you know, by the end of the year, we expect to be about a 150, 160% net revenue retention with some additional products and things that …”
Matt PradosFeb 15, 2024▶ 6:48This CEO Does $20m/year Selling Software to Chiropractic Offices
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 PradosFeb 15, 2024▶ 16:26This CEO Does $20m/year Selling Software to Chiropractic Offices
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 PradosFeb 15, 2024▶ 17:56This CEO Does $20m/year Selling Software to Chiropractic Offices
AssertionNot checkable as stated
Prados: VC software valuation multiples max out at around 7x revenue
“Like the economy right now, everybody's puckering up. It's like seven times revenue is, is where they want to kind of max out at.”
Matt PradosOct 12, 2022▶ 12:22$100m Deck Builder: Bootstrapped to $100M Valuation
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 PradosOct 12, 2022▶ 14:27$100m Deck Builder: Bootstrapped to $100M Valuation
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