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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?

You're going to have to find them yourself, but Joe is trained.

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?

Great question.

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 we have, we have, we have, uh, uh, we have, uh, outbound, obviously everybody's doing, we all do inbound.

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?

You have to do inbound, right?

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?

If you're crazy, if you're not to, we're, um,

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?

We're aggressively looking at intent in the market.

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 we use tools like Sixth Sense to look for who's interested in buying it in this space.

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?

We have a new business sales team that's entirely dedicated to new business.

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 we have a customer success team that's entirely dedicated to make our customers successful and to grow their accounts.

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 a lot of SaaS companies follow this model today.

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?

It's something that I helped pioneer when I was running Eloqua.

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?

to separate those two functions and have what we at the time coined as hunters in the forest, which is your new business people, but then also hunters in the zoo, which are people that are hunting for business in your install base.

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?

I would say there's probably 30 of those, 25, 30 of those.

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?

I think we're all looking at quotas given the macroeconomic environment.

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 the macro has been interesting for security especially.

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?

Because a security in the last few years has sort of had a blank check.

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?

If you needed a product, you just asked for it and you got it.

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 I've been involved in two deals this year where procurement overruled security on the deal.

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 I have never seen that.

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?

I've never seen a procurement person tell a security leader that they can't have a product that they wanted, that we're going to go with a cheaper product.