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+

Yeah, that's exactly where we are.

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

Yeah.

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

You know, it's interesting.

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

Like we were all new logo sales for the first decade, maybe even 15 years.

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

And, you know, you get to a point where you realize like,

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

My customers buy other software products.

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

And so it takes a while for the organization to shift to say, OK, I'm going to go spend time with my existing customers and try and upsell them.

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

But once you do, you discover that there's this whole new gear for growth.

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

So part of the acquisition strategy is like the PeopleNet acquisition gave us two new product lines.

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

There were some acquisitions we did a couple of years ago.

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

that gave us two product lines.

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

And so those are really starting to take off in the customer base now.

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

There's a lot of work you have to do.

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

Like we had to do a lot of R and D to take a product that was standalone successful with a hundred customers and make it scale to, you know, how's it going to flow into 10,000 customers and how's it going to work.

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

We're in the low 90s gross and around 100% net.

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

Yeah.

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

And I would say the expansion number is the one that we think

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

in the next couple of years could go to, you know, we could be at 110, 115.

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

Yeah.

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

So, I mean, my quick answer to that is, like I said about the R&D, when we first bought our first add-on acquisitions, we did not sync the kind of R&D that we needed to into it.