Matthew Prince
π€ SpeakerAppearances Over Time
Podcast Appearances
Well, I mean, I think that more than half of our business comes from just straight inbound, no marketing involved, that is built around sort of the halo of the brand, word of mouth and otherwise.
On a traditional marketing basis, we've been terrible traditional marketers.
Like we've been very little.
You don't see Cloudflare billboards on the 101 in San Francisco.
We don't spend a lot on any of the traditional marketing channels.
And yet, every day, 15,000 new sites sign up for our service, most of whom heard about us with zero customer acquisition costs.
You know, as you go up, you know, for our larger customers, we've got we've got sales teams that support those.
But our sales team, you know, our our inside sales team is doing on average over one point three million dollars in ACV on a per ramped rep basis, which is over one period of time.
Over 12 months, $1.3 million in new ARR per year, which is about twice what you would get from a high-performing other SaaS company, where that's usually around $700,000 per fully ramped rep.
We've been very, very efficient at being able to acquire customers.
Our churn rates are very low.
Again, it varies between the self-service business, where
Um, we don't typically lose to other competitors.
Um, if we lose self-service businesses, it's usually cause they go out of business.
Yeah, that would be around that.
And then in the enterprise business, it's much, much, much less than that.
We have negative dollar churn and all the things that you would want from a business like that.
I think the weakness that we've had in our business is that our expansion has been something which has been more challenging.
And the reason for that is early on, we said we're competing with hardware, where you would buy a firewall, you'd buy a load balance.
And you don't pay more for hardware if you get an attack versus if you don't get an attack.