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Greg Silverman

๐Ÿ‘ค Speaker
133 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Um, I'm sorry.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

You know, the, the difference is we were shifting people from, I was saying just software revenue.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

So we, we have a lot of upfront consulting to get people set up.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

So, so 18, did you say 18 months ago, we were probably two thirds, uh,

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Consulting, one-third licensing.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Now that's reversed.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

We're two-thirds licensing, one-third services.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

About the same can be a little bigger for setting somebody up, you know, it's a one time, let's get you set up, you're moving on.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

It's high touch.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

But once people are up and running, they go full software.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

It's a bit unclear yet, right?

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Because we're just getting past that core analytic team.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

What do you think the minimum is, though?

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Yeah, so if they're with us two years, it's probably 500K plus.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

It might take three years to get there.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

Almost two, eight, 19 months, 18 months.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

We launched in 2010, but we, we pivoted to software in 2015.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

We're focused on growth and new accounts.

SaaS Interviews with CEOs, Startups, Founders
1100 Why aren't more private equity firms paying him $12k/seat?

We're selling concentric market.