Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Jonah Goodhart

πŸ‘€ Speaker
277 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

We didn't know that though.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

We didn't know that 2000 and 2001 were about to change the world.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

We didn't know that the bubble, quote unquote, was gonna burst.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

we didn't know that the companies that were spending money with us were going to go away we didn't know that the economy was going to change obviously we didn't know what was going to happen on the 11 and the rest of what happened and so i think my sort of takeaway from that was wow we had this crazy situation which we could have looked at and said hey we should have kept running this company colonized my first company forever but we made a decision at the time not to sell and i looked back on that and felt wow

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

In hindsight, of course, it's 2020, but that looked pretty silly.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

Had we sold, the only thing we would have done is maybe left some upside on the table.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

That's pretty good.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

Life is too short to worry about that sort of thing.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

I feel like in the end of the day.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

So Oracle doesn't announce what the prices are that they do deals at for private companies.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

So there's been some reports of what the range was, but Oracle doesn't.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

to talk about the numbers specifically.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

I mean, unfortunately, Oracle doesn't talk about pricing, but it was reported by a couple of different outlets in a couple of different ranges.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

But yeah, unfortunately, I work now at a public company and have rules that I have to live by there.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

I mean, I think our team and employees and investors, I think everybody felt very good by what this deal ended up being, but also not just because of the money.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

The money, of course, is great, and that's huge, and everyone's happy about that, but by the company that we were going to get a chance to partner with.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

Oracle is a storied company that's been around 40 years, literally 40 years, and

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

We talk about Silicon Valley and we're sort of blasΓ© about it, I think, sometimes.

SaaS Interviews with CEOs, Startups, Founders
1468 How Moat Picked $100k ACV, Grew to $50M+ ARR, Exited to Oracle for "$850M"

Oracle is one of the companies that helped sort of create Silicon Valley, that helped create what I think we're all sort of leveraging these days in terms of software and business models and figuring out how to scale companies.