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Colin Earle

๐Ÿ‘ค Speaker
323 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

You need to build the balance sheet.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

But if you want to be comfortable doing it, you also need to pull in enough secondary so that your retirement is taken care of.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

And that is how I think about it or thought about it and how I recommend others think about it as well.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

That is certainly our goal, yes.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Right.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

But one of the things that happens is when you get to a certain point, you become well-known in the market.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

And we achieved that with both the number of customers and the Gartner Magic Quadrant.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

And then it begins to build on itself pretty rapidly.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Getting to that point is a lot tougher than exploiting it once you get there.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Less than, I was going to say less than half that time, but yeah, right about that.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

I'd say, you know, there was the other factor of course, was that we transitioned from being a,

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

consulting organization to a product organization.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

And as a product organization, you can grow so much faster.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Agiloft was focused on the platforms.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

Because it's a no-code platform.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

It allows you to build any enterprise application.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

And one of the first applications we focused on was Service Desk support, which is a large market but heavily saturated.

SaaS Interviews with CEOs, Startups, Founders
Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

And it's much, much harder to grow in that market than a relatively greenfield market like CLM.