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Chris Golec

๐Ÿ‘ค Speaker
119 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

It was $2.5 million, and it was in 2007, and it was an investment by Altos Ventures and Adobe Systems, actually.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Both participated.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

There was an equity round.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

I had done a little angel round that was actually a convertible note six months prior.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Yeah, you know, it's, well, that's a strategic thing that every founder's got to really come to grips with.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Is this going to be a lifestyle business that I want to build and grow and be with for a long time?

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Or do I want to generate a 10x return and really scale this thing and go for it?

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Obviously, it's a higher risk model.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

It's not easy raising money.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

I mean, people read about it in the media a lot that, you know, so-and-so, you know, won, got $30 million, right?

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

for every one of those, there's 200 companies that don't get funded that go out and do it.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Um, so you gotta have number one, the experience, you gotta have probably 500,000 to a million in revenue already.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

So it's, you know, it's the hurdle gets higher and higher.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

We have about 400 customers.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Um,

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

You know, we're selling to larger entities, of course, so this is not a SMB, you know, tens of thousands of customer type of model.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Um, yeah, it's not too far off of that.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

We're, we're, you know, we'll be above probably a hundred million this year.

SaaS Interviews with CEOs, Startups, Founders
EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec

Oh, great.