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John Panachone

๐Ÿ‘ค Speaker
112 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Our older customers, we've got most of our gross profit from.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Our newer customers are loss leaders.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

That's pretty much any cloud-based software company model, if you ask me.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

It's tough to make the same amount of money on every single customer.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Depends on the scope of the, uh, the implementation, but generally speaking, less than a year, usually it's three to six months.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Um, you know, we can recover.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Again, it's a lot of configuration these days because of our product and, uh, how, uh, you know, robust it is, uh, without having to put a lot of services into each implementation, we can spin up a new customer in less than a day tech technically now, um, which if you think about it, we have an enterprise wide globally scalable nine different language, um,

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

It's not hard now to spin up a new customer.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

So that's really where we get our cost savings.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

You're very good at math.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Oh yeah.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

That's my favorite subject.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

We've experimented with all the above there.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Tell any of them work or no.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

Yeah, I'm a big fan of inbound strategies.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

You know, I've been in sales and marketing for a long time.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

And, you know, I get great stories about our transition inbound.

SaaS Interviews with CEOs, Startups, Founders
1075 LogicBay CEO: Love Venture Debt! Helped us pass $10m in ARR

But, yeah, we're very heavy users of HubSpot.