Kamleitner considers splitting his SaaS products and appointing a co-CEO
Michael Kamleitner · 1433 Can You Run 2 $1.5m ARR Companies At Same Time? · Jun 27, 2019 · at 10:37
Nathan Latka argues that running two companies splits focus, prompting Michael Kamleitner to reveal restructuring options he is considering.
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“To really do both products or both kids justice there is definitely a way to do that, and that would be like to either split, split up both products from the, from parent company and find a good co-CEO or some other way to split roles”
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“Well, well, I see the value of each product way higher, quite honestly.”
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“Paid paid acquisition through adverts also, also at some point hits the ceiling. And we are seeing, like you said, the space is competitive. So, so it will not be it will not work to grow only from cost per click forever.”
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“That's not too, too far off. Yes.”
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“Well, year over year, the last year we grew about like 60, 70%.”
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“One of our latest latest showcase or logo customers is like Amazon US. They are using the product internally in their offices to raise awareness for social media content.”
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“As long as we are growing and obviously we are profitable as being bootstrapped, there is no other way to that. I don't see any one of those products failing. Failure for me would be like stagnation and no growth at all. But like I said before, we, with both p…”