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Joe Payne

๐Ÿ‘ค Speaker
274 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

things they shouldn't do, maybe not go against their, you know, not be their worst self and take a bunch of things they shouldn't.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

And so we provide part of what we do is also provide a lot of education and positive reinforcement for people to do the right thing.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

So that's a key part of our strategy also.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

Well, we sell to organizations from as few as 200 people.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

Our largest customer has over 120,000 employees.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

So what we charge really depends on your size.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

But think about it as maybe $100 a year, $120 a year per employee.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

That's just a good rule of thumb.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

But obviously, it depends on

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

know the sophistication of the product that they buy how many features they buy etc i mean our product as an example connects to things like salesforce.com that's an option you can have so you can see who's exfiltrating data using salesforce our product connects to your onedrive your g drive account to see who's publicly sharing documents that they shouldn't share there because

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

that's where all our data sits.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

Oh, no, no.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

The average is closer to 80 bucks a seat.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

So, you know, there's,

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

There's companies that are paying us more than that, obviously.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

And there's companies that buy 120,000 seats, they get a better price, as you would expect.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

So it's all over the map.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

But we have a number of multimillion dollar a year customers, for sure.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

And this is a multimillion dollar problem.

SaaS Interviews with CEOs, Startups, Founders
He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?

Our research shows that the average breach costs an organization $16 million.