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Colin Earle

๐Ÿ‘ค Speaker
323 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

So we pay, in some categories, we're paying for placement in the list, and in other categories, we're not.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

It does, yes.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

It varies, but typically something in the order of $30,000 to $50,000 a month.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Let me think.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

No, not at present.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We're willing to pay in total something in the order of six months worth of revenue, SaaS revenue from that customer.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Six months of revenue ensures that we're profitable in the first year.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Now, the norm in the SaaS business, incidentally, is to be willing to pay up to 12 months of revenue.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

But we have a problem.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We can't hire people fast enough to address existing customer demand.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We're growing at over 40% per year.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

And we're based in Silicon Valley.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Revenue.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

It is simply a nightmare hiring smart, qualified people in the Valley.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We don't need programmers.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

We just need people who have attention to detail and natural intelligence, raw intelligence.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

Even there, it's really tough to find the caliber of individual that we need.

SaaS Interviews with CEOs, Startups, Founders
954 Launched in 1991 How is Agiloft Closing $1.8m Deals?

So we're deliberately spending less on marketing and sales than we could