Mitul Bid, founder of Koditas, reports the company's prior-year revenue to host Nathan Latka.
0:00 / 0:01exact quote · 1.4s
720p mp4 · rendered on demand · StarZero watermark
“Last year we did a quarter of 10.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Mitul Bid
Insight
Bid: Services firms struggle to scale when splitting focus with proprietary IP
“That's the biggest problem by a lot of software services companies are not able to, you know, scale well because they are always in two minds. They want to build their own IP. And they want to offer services. I saw it as a conflict of interest.”
Mitul BidApr 26, 2021▶ 4:42Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Bid: Koditas owns zero intellectual property to avoid conflicts of interest
“We have zero IP even today. We have lots of things which are repeatable, reusable. We do not claim the IP. I just see it as a conflict of interest.”
Mitul BidApr 26, 2021▶ 5:02Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Bid: Koditas charges up to a year of billing for developer buyouts
“I wouldn't allow you to transfer them for the first one or two years, right? And after that, it will be relatively high. I typically would take a fairly minimum six to 10, one year of a billing kind of thing to execute that.”
Mitul BidApr 26, 2021▶ 15:16Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
AssertionContradicted
Bid: Koditas grew revenue to nearly $2M in 2015 and 50%+ annually
“It grew to almost two million. And then since then it has been growing on year on year, more than 50% or at least, you know, a quarter of 50% on average.”
Mitul BidApr 26, 2021▶ 4:05Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Bid: Koditas hourly rates range from $10 to over $50
“So it starts with literally 10 to 12 dollars an hour, two up to 50 plus dollars an hour, right?”
Mitul BidApr 26, 2021▶ 9:12Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
AssertionNot checkable as stated
Bid: Koditas maintains 35 to 40 active clients, served over 150
“So last year, so we currently have around 35, 40 active clients, and that's the kind of size we've been maintaining. Over the lifetime, we would have served more than a 150 clients”
Mitul BidApr 26, 2021▶ 9:52Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
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.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.
