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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

I mean, I would suspect today it's probably in the 30, 50 range, depending on who's buying it.

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

Is they buying it for strategic reasons or if they're buying it for purely cash?

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

Our net revenue churn, well, the past 12 months was really bad because of the COVID.

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

A lot of our lower-end customers, a lot of them went out of business or cut their staff dramatically.

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

But we ended up still doing pretty well.

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

I think we ended up with a net revenue retention of a little over 90%.

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

So the gross churn was in the low 80s.

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

So not 80s, 80s retention, gross revenue retention was in the low 80s.

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

And the rest of it was expansion.

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

17, 18% actually.

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

I think about like logo churn or dollar gross churn.

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

Yeah.

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

Dollar gross churn is probably better.

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

That was for the year.

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

And now I will say the Q4, we actually had a 105% revenue retention for Q4.

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

What am I paying?

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

About six to 8,000 per deal.

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

We spend our money on marketing, right?