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Luke Beatty

๐Ÿ‘ค Speaker
188 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

It's very hard to get at a massive SaaS scale and try to keep that north of 83 to 85%.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

of gross logo churn, right?

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

So just number of accounts.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

Yeah, I think we care about both.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

We manage both.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

Both are in our goals that we track on a daily, monthly basis that are on the wall directly across me right now.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

So we look at both churn numbers.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

But in any case...

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

I think it's very hard to keep them as high as they are right now.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

I mean, we'll obviously keep doing it, and we have the best customer experience team.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

Our product, compared to the rest of our product, compared to most of our competitors, is a very premium, white-glove customer experience team.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

It's hard to keep high as you get higher volume, but revenue churn should beโ€” Revenue churn, you should be able to grow it.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

We do a lot of consumer, sorry to interrupt you.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

We do a lot of consumer brands and as you know, consumer brands come and go with the wind, right?

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

I mean, they get bought, they get sold, right?

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

We try to think of about a 10-year customer, your 10-year SaaS magic customer.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

I think that's really where we are with our retention rates and our ability to hold on to folks.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

That's where we exist.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

So I think that's not out of the question.

SaaS Interviews with CEOs, Startups, Founders
993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...

I would say now at the board level, we think about that in a very thoughtful way.