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Rob Bernstein

๐Ÿ‘ค Speaker
214 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

So we don't have an issue there.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Uh, the last public number shared is five 30, something like that.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

The larger customers make up the vast majority of the revenue and the smaller ones make up the logos, obviously.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Yeah, all this posted roughly 140 something.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Well, we've been growing 40-something percent, but we run the business on a couple of different levers.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

One is sustained 30% plus growth rate, and about 90% of our revenue is recurring.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

So that makes the business that much more valuable.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

The other is staying within this tight band of sales efficiency I talked about.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

And third is beginning to show real leverage in the business in terms of cash flow.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

So as long as we can stay within those three, that's kind of how we think about running the business.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Well, we've done acquisitions.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

We've done them largely acqui-hires in a couple of places, little technology tuck-ins.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Well, you do everything to some extent for growth, not growth in terms of the revenue that these companies are bringing us because there's not much there, but growth in terms of the value proposition that we're offering so that our customers have something much more meaningful to partner with us around.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

No, that's just โ€“

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

CFO finance spreadsheet, arbitrage stuff.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

And we're, we're focused on customer value creation.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

What can we give them today?

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

And if we don't have certain pieces, we can get there faster than we consider it.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Number one on the list of acquisitions is the actual people.

SaaS Interviews with CEOs, Startups, Founders
884 SaaS: From Startup to $1b+ IPO, the Coupa Story

Are they into what we're doing and they want to help us get there faster.