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

Mark Organ

๐Ÿ‘ค Speaker
372 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

and encourage everybody to buy stock with their compensation.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

And a lot of people did.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

Yes, they raised 22 million.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

So pre-virus, this is a bigger company.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

So pre-virus, this was,

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

320.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

Okay.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

And, and now it's a lot lower, but not a lot lower.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

So they, you know, cut to cut 40 people.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

So the 280 people.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

Okay.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

Um, but, uh, you know, making, making it available and, you know, he encouraged like we,

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

I encourage you to spend 20% of your comp on stock, right?

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

That'd be great, but made it optional.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

There's some who bought a lot more.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

This company's actually doing really well.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

There's an opportunity to be a unicorn, I think, in the next four or five years.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

Um, so the answer is yes.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

But I think that they could have come up with a much lower price, which is something that I did.

SaaS Interviews with CEOs, Startups, Founders
1717 3 Genius Ways To Conserve SaaS Cash To Survive Virus From Eloqua Founder Who Survived 9/11

So at Eloqua, when we were really in trouble after 9-11 and we had four months of cash left, I did something similar where we, together with the board...