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Clate Mask

๐Ÿ‘ค Speaker
407 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

And it was just, we, we know the small business market because we, that was us.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

We understand it.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Um, we didn't raise capital until we'd been going for years and we had a vision that we were going to, you know, we were going to go create something really big for small businesses and,

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

So those first three years were brutally difficult.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

I used to tell people all the time, man, I wouldn't wish this on my worst enemy.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

But in turn, it actually became the greatest thing for the company because it helped us just create

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Tremendous amount of empathy for small businesses, the plight of the entrepreneur, what they're trying to do, and gives us all of our passion to change the world for small businesses with sales and marketing automation.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

So that was the first period of dark times.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

And then the second period was when we got our product market fit off and our churn went way up.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

8% a month.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Yes.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Gross customer return, 8%.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Wow.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

So you're basically turning your entire base in a year is, you know, the effect of that.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Yeah.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

And that's not good.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

Uh, we had raised 17 at the time we'd done our a round and our B round.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

And this was like 2010, uh,

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

And so it's tough because now the stakes are higher.

SaaS Interviews with CEOs, Startups, Founders
637: Reason Infusionsoft Didn't IPO, Passes $100M ARR, $125M Raised, Helping 45,000 SMB's With Marketing and Sales Automation with CEO Clate Mask

You've got investors, you're turning like crazy.