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Alex Schutman

๐Ÿ‘ค Speaker
230 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

uh, on, you know, on the price point.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

So that's why we, we try to land with these things we know really well.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

And then our customers take us to all sorts of incredible, incredibly fun use cases.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

Uh, our customer acquisition cost is, uh, is under 18 months right now in terms of payback.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

Uh, we've raised about a hundred million dollars.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

The last raise was in 2015.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

So I am very proud of the fact that we're a company that's raised less money than I was just going to say, that's a great ratio to hit.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

And we're cashflow.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

You look, we're cashflow positive.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

We intend to stay cashflow positive.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

We're financially, uh, we're financially healthy.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

And, um, I, you know,

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

I'm just really excited about the company's prospects.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

Yeah, really what we look at, what we've been trying to look at is who are all the customers that,

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

that have grown to over $100,000 over time.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

So customer- And ACV.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

Yeah, ACV, ARR, but customers that are willing to spend over $100,000 with us and what has been the path that they've grown to $100,000 and what are the kinds of things that we've been able to solve for them?

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

And so what we're much more focused on right now, rather than the entire 2,844 LTV, 2,844 customers LTV,

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

or LTV ratio, what we're really focused on is these larger customers that we tend to have success with, and we have success, usually, like I said, it's in a dozen or so departments.

SaaS Interviews with CEOs, Startups, Founders
922 SaaS: Is $120m ARR Workfront About to IPO?

What are the similarities and how can we shrink the time