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Sanjay Ghari

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

But I would say me and all of us are very happy about it.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So it's a good number.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

yeah now in so so honestly i never thought of selling the company uh it happened just because i met uh juniper group and constellation guys and i found a synergy where we can grow into markets like europe and south america where we don't have existence but they have a good companies uh we can grow very fast probably three four years faster than what you know we could have done otherwise yeah that's the reason actually we really got into acquisition

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Yeah, I think that's pretty straightforward.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So one thing is Vervotech also follow the same thing.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So we had been always sharing the part of profit back to all the employees in the company.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

What percent of profits did you distribute back to employees before the deal?

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Typically 25%, but it also depends on our cash flow because we had a bootstrap.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So we just started it from two years.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So we share it back with the employees anyways.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

And you do that annually?

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

yes okay in financial year and it is outside your you know salary structure compensation structure at all i think juniper also you know and constitutional does does the same thing uh which is pretty aligned that you you know that you know what is the value you are creating then you have the kpis okay so as an example for my marketing team or marketing lead also

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

uh what is the you know how many uh new deals they are getting or new you know potential customers they are getting and what is the cost per customer or for sales what is the conversion and what is the deal size per customer or for you what is the attrition because if cto is looking at product if there is attrition that's the problem with technology so we had

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

API is directly mapped with the leaders and groups.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

And when we look at how we did in the year, then just break it down.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

Okay, at what part we did great, that's where the bonus goes.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

So in some years, it can be a department or a unit can get a lot more bonus while other doesn't get anything.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

That can happen too.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

It's purely performance based, where everyone understand and they have full control of what they want to achieve.

SaaS Interviews with CEOs, Startups, Founders
This Hotel Tech SaaS Just Exited to Constellation Group After Hitting 30% EBITDA Margin and sharing 25% of profits with employees

It's EBITDA.