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

Art Papas

๐Ÿ‘ค Speaker
249 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

I think there was a sense that if the price was right and it was a return that looked in line with the rest of the portfolio, that they had some deals that were like 10x.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And so it was a good outcome.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Just over a year and a half ago.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

It was the end of Thanksgiving 17th.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

We started revenues at 40 and we ended at one 30.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

One of the big things that we did when we were closing the deal with insight was we did a really strategic acquisition.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And I think having a new partner, uh,

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

their appetite to go after something that had a very long range impact to revenue, but was strategic.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Like, hey, you're going to get into a whole new product line and it's going to take time to make that happen.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

At Vista, we did Connexus with Vista and then PeopleNet was with Insight.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

The other thing that Insight did, which I thought was cool, was they came in there like, hey guys, what about AI?

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And we're like, look, we have some stuff going on with AI, but we're not investing a ton because we're not

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Venture backed, you know, and we want to generate EBITDA.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And Insight was like, look, like you can't be a software company and not be investing in AI.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And, you know, so they took sort of the progressive move of saying, like, let's right size that investment so that you're.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

position to give your customers the benefit of all the things that you can do with AI.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

And so that's been really cool.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

Where did we end last year?

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

It's blurry for me because we did a lot of acquisitions last year.

SaaS Interviews with CEOs, Startups, Founders
1500 BullHorn Sold 60% Early On, Now $200m in ARR, E50+

So