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Sindre Haaland

๐Ÿ‘ค Speaker
170 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

And upsell is not really a big portion of that number yet, but it's growing.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

I'll, uh, if you look only on, on the contraction side.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

Sure.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

Um, well, you know, hard to say it.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

I, I don't know if I fully follow you on this one because, um, Net dollar retention is calculated by taking contraction and adding back expansion.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

No, I don't have that in front of me right now.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

What we use to follow on our side is actual net retention.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

How do you calculate net?

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So the way we do it is at least we look at the dollar amount.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So to your point, there is a contraction and there's an expansion.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So in the seats, since we from the past days had some contracts that went month to month,

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

we could actually get like variation on a month to month basis.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So that makes it a bit more complicated, but that means that companies could scale down and scale up.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

And we actually had like a fluctuation there.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So the number of seats is like the biggest portion of our net retention number right now.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

And then the last part is the upselling.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So when you look at what an account pays going into a quarter and what they pay going out of quarter, that also has a portion in that net retention.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

I don't have the percentage numbers from Promi right now because of that legacy, we kind of have it on sub-annual contracts and annual contracts.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So the dashboard to combine them hasn't been built yet.

SaaS Interviews with CEOs, Startups, Founders
Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR

So I only have like the numbers, the actual numbers, which was data analysts and the team kind of dug out.