Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Sowmya Murthy

๐Ÿ‘ค Speaker
213 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And what's mind boggling because I've spent four years boots on the ground with hard hat and in these trucks with pumpers and noticing this unbelievable technology that's happening right next to a mason jar.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Right.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And so I'm giving you that picture because what now fast forward in the last five years, this industry has been punctuated by two, not one oil price increase.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Madness, which, by the way, also has inhibited our trajectory in a way.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

But here's the thing.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

What's beautiful about this, if I may call it beautiful, is there is no other way now for the industry to grow without.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

So what the market is now saying to the industry is, hey, look, you can't just do production.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

You need to show me free cash flow.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

You need to be able to demonstrate operational efficiency, which means what you can't just when the oil price goes down, just, you know, take out the human resources.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

You need to now figure out technologies that allow for your production to happen without needing without needing to go to those wells directly.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

that aren't producing as much, right?

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Well, the company was doing services in 2009 all the way till 2015.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

This is before the first oil price dip and we raised $20 million in series A. What year was that?

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

2015.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Okay.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

2015.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And I was brought on board to be able to drive specifically marketing back then, Nathan, with the intention of revenue growth towards analytics.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And the market shifted and a whole new world opened up for me as well as Seven Lakes.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And my role over the years has shifted from marketing to owning all of sales and bringing in our

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

largest enterprise deals and also to own customer success and customer operations.