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Devon Wijesinghe

๐Ÿ‘ค Speaker
171 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So we have somewhat of a traditional and a traditional model.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So target accounts that are, you know, given by not just industry, but ones we have specific protocols attached to.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So whether it be CPG and auto and so forth, that we have PCPG.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

people go after.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

And then we also have an inside team that fields the inbound and, you know, gets the, you know, kind of call to close, if you will, accounts.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So CAC LTV, we're, we're always, you know, we're always investing if there's growth and CAC LTV makes less sense to worry too much about when you, if you're, you know, growing quickly, just because you're going to continue to put money into, you know,

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

marketing and so on and so forth.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So as we think about LTV, that's like one of these funny math numbers, right?

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So you can kind of say LTV is, oh, three years, because that's an average tax contract.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

But like that, you could just like put, you could say, oh, I'm worried about my CAC LTV and go bankrupt, right?

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So we think about it as not just CAC LTV, but true CAC LTV against what our contract values are, typically, you know, 12 months plus, you know, incorporating churn and then incorporating upsells into those.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So actually ours is, ours is a lot shorter than that.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Ours is right around four months right now.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Typically contract value is 12.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

So it hits that, you know, magic marker, if you will, of three, but then we honestly look at cashflow too, right?

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

We say, you know,

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

here's these are these metrics, but how does it, how does it float from a cashflow statement?

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

Again, you can say you hit all your metrics and still go out of business because you haven't raised money soon enough.

SaaS Interviews with CEOs, Startups, Founders
EP 563: InsightPool Near $300k MRR Helping 100 Big Brands Find Influencers with CEO Devon Wijesinghe

That's right, that's right.