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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

As in a return on the customers gets sooner and sooner?

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

Or are we actually going worse?

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

And look, there's two models, right?

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

So there are companies like Atlassian.

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

If you look at them, they have actually got some really good organic growth.

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

And then they have started to create a strong base and scale.

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

And there are moments of company when you want to change the ramp rate that you invest in sales and marketing costs.

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

And the returns of those costs are not in that quarter.

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

They return like a year later or four quarters later or five quarters later.

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

And this is why I'm saying that when we...

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

Anytime I consider a model for what our current expenses are and what our future expenses will be, they have to trend in the right direction.

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

So the fundamentals of the company won't be good.

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

If the dollar you spend to acquire a customer is getting worse and worse and worse, then that's not good for the business.

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

And if you believe you can get more out of a customer over time, then you can afford to invest more in that customer.

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

In general, when we think about cost of customer acquisition, we want to trend it down over a period of time.

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

And that's the way we think about it.

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

We don't want our cost of customer acquisition to go on.

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

So I don't know the financials of the companies that want to do that.

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

No, no, no.