Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Andy McMillian

๐Ÿ‘ค Speaker
202 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

I think the companies that we would probably get those kind of emails from, we already spend plenty of time with and have strategic partnerships and go to markets around.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

I think they're pretty excited about the way we're building the business.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

Raising a funding round is not typically a near-term

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

Exit strategy.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

So I think we're in this for the foreseeable future.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

I think our management team, our board, our investors, our employee base, I think we see a lot of opportunity for us to go continue to build the business.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

But I don't think the size and scale we're at, I don't think those people kind of emerge from the shadows in a time like this.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

I think they're the people you already know and you're already doing a lot of business with.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

And that's probably right somewhere in that window is probably right about where we were.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

But again, on our CAC payback and all that kind of stuff, it's a good investment to be going and acquiring customers at the rate we've been acquiring them.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

Well, what we don't do is just throw people into the field.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

I know this is something that happens often when people raise late-stage venture rounds.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

It's like, well, let's just double the sales team and hope for the best, and then we'll fire half of them that don't make it.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

I mean, that's just not really our MO in user testing.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

What we do is we pretty meticulously manage and measure our pipeline.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

We saw massive pipeline growth last year.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

Our pipeline was up 75% year over year.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

So we look at something like that and we think, okay, I've got capacity to hire reps and feed them with leads.

SaaS Interviews with CEOs, Startups, Founders
1699 UserTesting Grabs $100m Series D w/ $84m in Revenues While Rest Of World Virus Panics, How Will CEO Spend Money?

So we'll keep doing some of that.