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Ray Rothrock

๐Ÿ‘ค Speaker
172 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

So churn's 10%.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

It's pretty good.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Revenue.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Revenue.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Okay.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Logo...

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

We did.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

We did.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Never mind.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Yeah.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Well, look, the company had taken on some customers that it really had no business taking on.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

They were too small.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

They didn't have the internal resources on the product properly.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

And so they weren't getting the value out of it.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

And when we went to call for those renewals, I said, we don't understand why we need to renew because we're not getting anything out of that.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

Okay, fine.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

It was one way to cut down our burden, our support burden on these companies that really โ€“ they were sold something that was too complicated for them, honestly.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

So we've done a lot of rationalization, and so I'd have to โ€“ I haven't done the logo churn lately.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

practically zero.

SaaS Interviews with CEOs, Startups, Founders
927 SaaS Security Company Hits $40m in ARR, $.50c on $1 to Bottom Line

In fact, we're net growing again on logos.