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Frank Bien

๐Ÿ‘ค Speaker
193 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Are they worth more than the people who joined in summer a year later?

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Or how does that look?

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So it has a lot to do with retention cohorts or cohorts of user performance over time.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

And they're having a lot of difficulty doing that in other data tools because so much data is involved.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

And we can usually show stuff like that really quickly.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So it's really find something core to the business model.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

There's so much like goofy science experiments and data.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

You can measure anything.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

And I think what we want to do is just go back to the basics.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Like let's show you why lifetime value of a customer is X and how it can be Y. Yeah.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So, I mean, we run and it's, you know, what you look at SaaS called negative churn.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So does the existing set of revenue that you have grow or shrink, you know, irregardless how many new customers you add and you always want to be in that negative churn thing.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So it's that notion of land and expand.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

And that's really what we want, what we want and what we look at.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So we look at cohorts of users over time, how much they're worth, you know, a day one and how much they're worth at year one and year two.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Oh, so you'll see like, you know, negative 25% on a cohort, you know, in the bigger customers.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

So you look at, you know, when we go into a Cigna or some big, you know, Fortune 2000 customer, you know, we definitely want to see it grow substantially over, you know, the first year and two years.

SaaS Interviews with CEOs, Startups, Founders
1013 Guess How This Data Tool Will Break $100m In 2018

Yeah, exactly.