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Mohit Lad

๐Ÿ‘ค Speaker
191 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

But we actually track it across the entire cycle of the growth of the company.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

So we are constantly tracking that on a trailing 12-month basis as well.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

Yeah, so if you look at some of the S1s that are filed and so on,

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

the revenue retention is done more of a point of time basis versus like continuous graph.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

I will tell you this, that we're looking at a two, I guess, two to two and a half year horizon to be IPO ready.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

And the reason I say IPO ready is I think going public

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

It's not a goal.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

It's one of those things that effectively is like a milestone.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

But what we want to focus on is making sure that we continue to grow as a business and continue to really acquire great customers.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

So that's really what we're about.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

Yeah, we're at 500 plus customers at this point of time.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

Correct, yeah.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

So for us, every logo is not coming up.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

So customer logos, there are companies that work with small businesses that can say we have 5,000 customers and then our focus is like the really high end, mid to high end of the enterprise base.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

I would say like you have to track us for the next two years and you'll get all the details and then you can go back to the historic financials we would have in the S1.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

Yeah, so just to clarify, we're not a security company.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

We focus on more network performance, network intelligence, digital experience, but some of the use cases we track cover security.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

That aside, in general, companies go public for various reasons, including they need cash or employees need liquidity.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

For us, the primary reason that we would look at is whether it creates more customer confidence and helps us from that standpoint.

SaaS Interviews with CEOs, Startups, Founders
1572 How This CEO Plans to be IPO Ready in 2 Years

The fundamentals of the company are very strong and given we were built on a small grant and customer acquisition,