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Felix Van De Maele

๐Ÿ‘ค Speaker
150 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

It's a combination.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

Obviously, evaluation matters, but it's more than that.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

What I really wanted was people that understand their business and have done it before.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

And obviously, it's a very, it's a big relationship you need to build.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

So you need to trust each other.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

And so how much do you trust the people you bring on board is a critical, I think is ultimately the most important.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

We built a relationship from the beginning.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

He had great references.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

That's how we got introduced and very founder friendly, but also long-term investor.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

And so it just clicked really well.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

Yeah, so yearly customer churn is really low.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

It's about 3% to 4%.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

That's really, really low.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

So, I mean, it's basically a land and expand model, even with these kind of big land deals.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

But they're the biggest companies in the world.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

So that's really, really important for us to keep that churn low and then expand over time in those accounts where we sell more seats.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

Basically, that's the business model.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

It's an enterprise sales place.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

So like you said, field account reps that are pretty expensive and you need a big kind of support team with pre-sales and account management and so forth.

SaaS Interviews with CEOs, Startups, Founders
683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele

Also a long sales cycle.