eCommerce SaaS hits $13m 2021 GMV, How He's Hedged Chile Interest Rates, Macroeconomic Headwinds
When $200k Monthly Burn Kills You: He has 110 FTE\u2019s but monetary policy in central america is killing his SaaS customers. Revenue drooped from $13m in 2021 to $6m in 2022 and he made the tough call to fire 85 FTE\u2019s (80% of his team) for a shot at sustainability. How he did it. How to survive when you\u2019re burning $200k per month and your revenue drops from $13m to $6m in 18 months.