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Prasanna Sankar

๐Ÿ‘ค Speaker
177 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

And we've largely been executing to that.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

And most startups can't really say that.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

I've never been able to say that in any of my other startups.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Day one, Parker put in, you know, half a million of his own money.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

And beyond that, maybe in nine months, we sort of raised around $10 million.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Yeah, a little more than 10.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Total, maybe like, you know, 65 million or a bit more than that.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

60 million?

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

65.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

It's a hundred billion or bust.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Um,

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

I think it's a totally different ballgame.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

It involves hiring the best that you can hire.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

It involves understanding that people and the org needs to scale, keep scaling, and building technologies instead of people to do most functions, which is what we learned a lot from Zenefits.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

So it's failures.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Not really.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Parker owns more equity than I do.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

We split it 60-40.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Yeah, yeah, yeah.

SaaS Interviews with CEOs, Startups, Founders
1754 Parker Conrad Gave Rippling CTO 40%, Kept 60%, 2,000 Customers "$36m ARR Not Far Off"

Yeah, it's different.