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Chris Hall

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
394 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Okay.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

So, uh, sorry, no gross.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

And that would be about 93, something like that.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Well, that's something, you know, that's a really interesting question.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

And it's, you know, we obviously track the reasons, but we try to predict sort of what customer base are we having additional churn and try to figure out why.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

So that's always sort of top of mind.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

And also looking at the different types of churn.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

There's sort of, you know, some customers you outgrow or they outgrow you, or is it really a product problem?

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Are you losing those customers to others?

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Or did they change ownership?

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Or there's a ton of reasons.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

The ones you really want to worry about is obviously, are my big, you know, are my

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

are the customers with the LCV that you want or the optimal LCV versus CAC, are they happy?

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Are they creating more stickiness and expanding rather than part of a cohort that is known for dropping off?

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

And it's usually that there's a higher churn rate in smaller accounts.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

I think that's across the board in any kind of SaaS company, that's usually the case.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

So yeah, we try to compare that and use that for predictability.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Actually, that's an interesting question.

SaaS Interviews with CEOs, Startups, Founders
1518 Bynder Hits $48m ARR, Another Acquisition On The Way?

Obviously, we're trying to trend towards 12 and we're actually under 12 right now, but that's a really important metric.