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Sri Shalapa

๐Ÿ‘ค Speaker
159 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Right.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

100.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Okay.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

No, no, 100,000 a year, not 100,000 a month, but 100,000 a year.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

So that's the average, right?

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

So the outlier in that case, they're paying like $2 or $3 per seat.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

So that's more like the $150,000, $200,000.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Yep.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Adoption, that's why the engagement part becomes important.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

So if you add the social component, if you add the learning management component or internal training, a lot of organizations have to take training, especially if it's a compliance training, they kind of have to do it at the employee and the manager level.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Social gamification and the adoption does increase.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Now, if they're only using it for performance reviews once a year,

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

or goal setting where they don't look at the goals at all until the year is over, then that option does become a problem.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

So there's a lot of process aspect to it, which is where our professional services organization really comes in to help them improve.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

Oh, our professional services revenue is tiny.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

It's like 4% right now.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

There are two types of services.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

One is the implementation services.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

It varies based on the size and the complexity of the implementation.

SaaS Interviews with CEOs, Startups, Founders
Bootstrapped Employee Performance SaaS hits $3.6m ARR, Up from $2.4m, Valued at $40m

It can go anywhere from $200, $300 to $5,000.