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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
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Well, we have a net negative churn.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Revenue churn?

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Our retention rates are quite good.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Last year was like our...

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Net dollar retention was like 111%.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Yeah, it was 111.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

That went down a little bit this year, so we're trying to improve that.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

It's sort of trending up again.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

The gross retention was 94.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

94 gross.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

That's a tough lesson to learn, really, to do upsells in enterprise.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

That means you have to have a very healthy product, good customer success teams, good support to actually upsell on those larger accounts.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

It is really important, especially for long-term.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

I think it's really important that we manage churn, obviously, because

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

that's potentially more important than the net new sales.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

If you're losing 10% every year, you're not going to make it.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Well, we want to...

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

we want to be around 12 months, uh, 12 to 14 months.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Um, you're higher than that now.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

We are higher than that.