
Nathan Latka, Heyo
Pre-Sold $70K Before Writing a Line of Code
Nathan Latka started Heyo from his dorm room at Virginia Tech in 2009. With no technical skills and no product, he began cold-calling people on Facebook who had "executive" in their title, selling custom fan page tabs for $700 each through founder-led sales. His pitch was simple. He would ask if they were a "true executive," weaken their ego by pointing out they lacked an executive fan page tab, then offer to build one. He sold 100 of these tabs - collecting $70,000 - before he knew how to code. His backup plan was to refund everyone. Instead, Nathan spent his Christmas break teaching himself Facebook markup language from YouTube tutorials. He spent roughly 350 hours manually building all 100 fan pages. To speed up production, his co-founders built an internal drag-and-drop tool. When a customer on a Skype call saw Nathan use the tool to change a color instantly, they said, "I want access to that." That moment of founder-led sales turned a services business into a SaaS product. Heyo launched at $30 per month and grew through product-led marketing - a "Powered by Heyo" badge on every tab drove new signups organically. Nathan raised $550,000 from investors including 500 Startups and Techstars, followed by $2 million from a Forbes billionaire who saw a product demo on a Thursday and offered $5 million by Monday. Today Heyo serves thousands of paying customers, growing over 10% month over month, with a mission to reach 500,000 small business customers.



