Inside Tettra’s Long, Winding, and Persistent Path Toward Achieving Profitability

Author's avatar Ground Up Podcast UPDATED Nov 8, 2019 PUBLISHED Nov 11, 2019 1 minute read

Table of contents

    Peter Caputa

    To see what Databox can do for you, including how it helps you track and visualize your performance data in real-time, check out our home page. Click here.

    What’s the worst thing that can happen? 

    That’s what Andy Cook asked himself when Tettra was about 2 weeks away from going out of business.

    The answers were obvious––they’d lose the team. He’d have to sell off more stock he’d earned at HubSpot in order to pay his personal bills, maybe move in with mom and dad.

    But maybe, he and his cofounder Nelson could keep trying to make it work.

    Luckily, the worst-case scenario never panned out. 

    Instead, they made some hard decisions, mainly around decreasing expenses––Andy and Nelson stopped taking paychecks, the team took temporary pay cuts. 

    The goal? Get to “Ramen profitability” as Andy called it. Because, well, Ramen noodles was about all they could afford. 

    Then, they made some long-term bets––the big one being launching a freemium plan. 

    It took months and a team committed to his vision––but eventually, the team got their salaries up.

    Andy and Nelson were able to take paychecks again. 

    …And…well, no one is eating Ramen anymore. At least, not out of necessity. 🙂 

    Author's avatar
    Article by
    Spela Mlekuz

    More from this author

    Get practical strategies that drive consistent growth

    Read some